Transaction in Own Shares

British Empire Sec & Gen Tst PLC
03 March 2005

British Empire Securities and General Trust p.l.c.

Equities Index Unsecured Loan Stock 2013

The Company announces that it has today purchased 32,000 units of its Equities
Index Unsecured Loan Stock 2013 for cancellation.

The purchase price paid was £2.17p per unit.

Following this purchase, there are 2,981,267 units still in issue.

Phoenix Administration Services Limited - Secretary

3 March 2005


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