Transaction in Own Shares

British Portfolio Trust PLC
26 April 2005


British Portfolio Trust plc announces that on 26 April 2005 it purchased, for
cancellation, 22,000 Ordinary 1p Shares (representing 0.05% of the issued
Ordinary Capital), at a price of 133.3p per Ordinary Share.

Settlement and cancellation of the purchased 22,000 Ordinary Shares is due on 29
April 2005 when the issued share capital of the Trust will fall to 46,226,502
Ordinary 1p Shares.

Enquiries:

P W I Ingram

Company Secretary

Tel: [phone]

26 April 2005


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