Transaction in Own Shares

British Portfolio Trust PLC 21 October 2004 British Portfolio Trust plc announces that on 21 October 2004 it purchased, for cancellation, 43,000 Ordinary 1p Shares (representing 0.09% of the issued Ordinary Capital), at a price of 126.25p per Ordinary Share. Settlement and cancellation of the purchased 43,000 Ordinary Shares is due on 26 October 2004 when the issued share capital of the Trust will fall to 47,179,502 Ordinary 1p Shares. Enquiries: P W I Ingram Company Secretary Tel: 020 7065 1467 21 October 2004 This information is provided by RNS The company news service from the London Stock Exchange
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