Purchase of Own Securities

British Portfolio Trust PLC
24 November 2003

British Portfolio Trust plc announces that on 24th November  2003 it purchased,
for cancellation, 42,000 Ordinary ranking 1p Shares (representing 0.08% of the
issued Ordinary capital), at a price of 117p per Ordinary Share.

Settlement and cancellation of the purchased 42,000 Ordinary Shares is due on
27th November 2003 when the issued share capital of the Trust will fall to
50,274,205 Ordinary 1p Shares.

Enquiries:

P W I Ingram
Company Secretary
Tel: [phone]

24th November 2003



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