Portfolio Update

British Portfolio Trust PLC
08 March 2004


                                         BRITISH PORTFOLIO TRUST PLC
                                 PORTFOLIO SUMMARY AS AT 27th FEBRUARY 2004

                                                                                 Market Value            %
                                                                                     £

FTSE 100 Index                                                                    52,026,339            74.87
FTSE 250 Index                                                                    12,407,496            17.85
FTSE Small Cap                                                                     3,611,590             5.20
Cash                                                                                 247,091             0.36
Other                                                                              1,200,330             1.73

Total Assets less Current Liabilities                                             69,492,846







Enquiries:



P W I Ingram

Company Secretary

Tel: [phone]

8th March 2004


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