Top 10 Holdings

British Portfolio Trust PLC
08 August 2003


                                         BRITISH PORTFOLIO TRUST PLC
                                     TOP 10 HOLDINGS AS AT 31 JULY 2003

Stock Name                                                                      Market Value                %
                                                                                       £

Vodafone                                                                           4,813,435             7.79

BP                                                                                 3,546,965             5.74

HSBC                                                                               3,515,466             5.69

Royal Bank of Scotland                                                             3,396,351             5.49

GlaxoSmithkline                                                                    3,066,873             4.96

Shell Transport & Trading                                                          2,056,950             3.33

AstraZeneca                                                                        1,885,789             3.05

Barclays                                                                           1,859,646             3.01

HBOS                                                                               1,531,423             2.48

Lloyds TSB                                                                         1,448,961             2.34

Total Assets less Current Liabilities                                             61,809,925


Enquiries:

P W I Ingram

Company Secretary

Tel: [phone]

8th August 2003


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