Purchase of Own Securities

British Assets Trust PLC
22 November 1999


REPURCHASE OF GROWTH SHARES

British Assets Trust plc bought a further 135,000 of its own growth shares for
cancellation at a price of 134.00p each.  There are 57,415,296 growth shares
in issue following this repurchase.


Gordon J Humphries
Company Secretary


Enquiries:  0131 465 1000