Top 10 Holdings

British Portfolio Trust PLC
06 October 2003


                                         BRITISH PORTFOLIO TRUST PLC
                                   TOP 10 HOLDINGS AS AT 30 SEPTEMBER 2003

Stock Name                                                 Market Value            %
                                                               £

Vodafone                                                   4,895,018             8.11
BP                                                         4,579,232             7.59
GlaxoSmithkline                                            3,786,319             6.27
HSBC                                                       3,622,756             6.00
Royal Bank of Scotland                                     2,589,709             4.29
Shell Transport & Trading                                  1,961,892             3.25
AstraZeneca                                                1,930,598             3.20
Barclays                                                   1,833,831             3.04
HBOS                                                       1,359,509             2.25
Lloyds TSB                                                 1,241,217             2.06

Total Assets less Current Liabilities                      60,353,192



Enquiries:

P W I Ingram
Company Secretary
Tel: [phone]
6th October 2003


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