Listing Rule 21

British Portfolio Trust PLC
03 February 2004

                          BRITISH PORTFOLIO TRUST PLC

List of Top Ten Investments and all Holdings over 5% of Gross Assets at 31
January 2004, announced in accordance with Listing Rule 21.20 (l) (ii).

Holding                                                                 % of Gross Assets
Vodafone                                                                             8.08
BP Plc                                                                               6.84
HSBC                                                                                 5.56
GlaxoSmithKline                                                                      5.15
Royal Bank Of Scotland                                                               3.95
AstraZeneca                                                                          2.85
Barclays                                                                             2.83
Shell Transport & Trading                                                            2.75
Lloyds TSB                                                                           1.99
HBOS                                                                                 1.68

Enquires :

Peter Ingram
Company Secretary
Tel. [phone]

3 February 2004


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