Holding(s) in Company

British Portfolio Trust PLC
05 April 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

British Portfolio Trust plc

2)   Name of shareholder having a major interest

Mr Peter Benthall Shone

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

As in 2 above.

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Mr Peter Benthall Shone A/C DGAFS and Mr Dennis Gordon Allen - 766,666
Mr Peter Benthall Shone A/C HCW68 and Mrs Caroline Mary Wikeley - 23,000
Miss Heather Barbara Allen and Mr Peter Benthall Shone - 1,000,000

5)   Number of shares/amount of stock acquired


6)   Percentage of issued class


7)   Number of shares/amount of stock disposed

982,080

8)   Percentage of issued class

2.0%

9)   Class of security

Ordinary Shares of 1p each

10)  Date of transaction

Not disclosed

11)  Date company informed

5th April 2004

12)  Total holding following this notification

1,789,666



13)  Total percentage holding of issued class following this notification

3.7%

14)  Any additional information

-

15)  Name of contact and telephone number for queries

P W I Ingram

020 7065 1467

16)  Name and signature of authorised company official responsible for
     making this notification


P W I Ingram


Date of notification 5th April 2004



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