Transaction in Own Shares

British Portfolio Trust PLC 08 July 2004 British Portfolio Trust plc announces that on 8 July 2004 it purchased, for cancellation, 50,000 Ordinary 1p Shares (representing 0.10% of the issued Ordinary Capital), at a price of 119p per Ordinary Share. Settlement and cancellation of the purchased 50,000 Ordinary Shares is due on 13 July 2004 when the issued share capital of the Trust will fall to 47,966,561 Ordinary 1p Shares. Enquiries: P W I Ingram Company Secretary Tel: 020 7065 1467 8 July 2004 This information is provided by RNS The company news service from the London Stock Exchange
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