Top 10 Holdings

British Assets Trust PLC
04 October 2005


Listing Rule 15

In accordance with paragraph 15.4.11(2) of the Listing Rules British Assets
Trust plc announces its top ten holdings, including all holdings with a value
greater than 5% of its gross assets, as at 30-Sep-05:


British Assets Trust
Top 10 Holdings

Company                                            % Total Assets

BP                                                 6.5
Vodafone                                           4.6
HSBC                                               4.5
Royal Dutch Shell B                                4.0
Glaxosmithkline                                    3.9
RBS Grp                                            2.6
Astrazeneca                                        1.8
HBOS                                               1.6
Barclays                                           1.4
Standard Life Euro                                 1.4
Holdings greater than 5% of total fund value
BP                                                 6.5


For further information please contact:

Gordon Hay Smith
F&C Asset Management plc
0131 465 1000


                      This information is provided by RNS
            The company news service from the London Stock Exchange