Purchase of Own Securities

BRITISH ASSETS TRUST PLC
10 September 1999

REPURCHASE OF ORDINARY SHARES

On 9 September 1999 British Assets Trust plc bought 375,000 of its own
ordinary shares for cancellation at a price of 138.50p each.  There are
320,435,000 ordinary shares in issue following this repurchase.





Gordon J Humphries
Secretary


Enquiries:  0131 465 1000