Purchase of Own Securities

British Assets Trust PLC 21 September 2001 REPURCHASE OF WARRANTS On 21 September 2001 British Assets Trust plc bought 294,125 of its warrants for cancellation at a price of 11.5p each. There are 2,620,646 warrants in issue following this repurchase. Gordon J Humphries Company Secretary, British Assets Trust PLC Enquiries: Gordon Humphries, Tel: 0131 465 1000
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