Portfolio Update

British Portfolio Trust PLC
07 July 2004


                                         BRITISH PORTFOLIO TRUST PLC
                                    PORTFOLIO SUMMARY AS AT 30 June 2004

                                                                                 Market Value            %
                                                                                      £

FTSE 100 Index                                                                    49,145,427            73.20
FTSE 250 Index                                                                    11,770,523            17.53
FTSE Small Cap                                                                     4,396,343             6.55
Cash                                                                                 563,492             0.84
Other                                                                              1,259,340             1.88

Total Assets less Current Liabilities                                             67,135,125







Enquiries:



P W I Ingram
Company Secretary
Tel: [phone]
7 July 2004


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