Portfolio Update

British Portfolio Trust PLC
5 April 2005


                                      BRITISH PORTFOLIO TRUST PLC

                                  TOP 10 HOLDINGS AS AT 31 March 2005

Stock Name                                                                Market Value               %
                                                                                £

BP                                                                           5,836,357             8.05
Vodafone                                                                     4,550,881             6.28
HSBC                                                                         4,483,253             6.18
Glaxosmithkline                                                              3,678,701             5.07
Shell Transport & Trading                                                    2,856,728             3.94
Royal Bank of Scotland                                                       2,851,218             3.93
Barclays                                                                     2,149,564             2.96
Astrazeneca                                                                  1,584,275             2.18
Prudential                                                                   1,327,152             1.83
BT                                                                           1,325,490             1.83

Total Gross Assets                                                          72,508,717


Enquiries:

Peter Ingram
Company Secretary
Tel. [phone]

5 April 2005


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