Portfolio Update

British Empire Sec & Gen Tst PLC
02 March 2007

BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC

In accordance with Listing Rule 15.4.11 (1), British Empire Securities and
General Trust plc announces that at 28 February 2007 it had the following
holdings in other UK listed investment companies (including listed investment
trusts) which do not have a stated investment policy to invest no more than 15%
of their gross assets in other listed UK investment companies (including listed
investment trusts):


Name                                     Market Value (£)         Percentage of 
                                                                      portfolio

Alliance Trust Plc Ord 2.5p                   22,133,380                   2.91

Hansa Trust Plc 'A' Ordinary 5p                7,836,484                   1.03

Advance UK Trust Plc Ord 1p                    5,517,318                   0.73

Total                                         35,487,182                   4.67


Phoenix Administration Services Limited - Secretary
2 March 2007


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