Transaction in Own Shares

British Portfolio Trust PLC
14 November 2005

British Portfolio Trust plc announces that on 14 November 2005 it purchased, for
cancellation, 35,000 Ordinary 1p Shares (representing 0.08% of the issued
Ordinary Capital), at a price of 153p per Ordinary Share.

Settlement of the purchased 35,000 Ordinary Shares is due on 17 November 2005.

Following the purchase and cancellation of the 35,000 Ordinary Shares, the total
number of Treasury shares held by the Company will be 1,554,000. The issued
share capital of the Company, less the total number of Ordinary Shares held in
Treasury, will be 44,304,002 Ordinary 1p Shares.

Enquiries:

P W I Ingram

Company Secretary

Tel: [phone]

14 November 2005






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