Directors' Notification of Dealing in Shares

BPT PLC
21 July 2000


BPT plc ('BPT' or 'the Company')

Incentive scheme share purchases

The  Company was informed on 20 July 2000, that BPT Employee Benefits  Trustee
Limited purchased 51,135 ordinary shares of 5p each in the Company on 18  July
2000 at a price of 251.5p per share.

This  purchase is in addition to 106,000 ordinary shares of 5p each  purchased
on 15 February 2000 at a price of 208p.  69,644 of such ordinary shares are in
respect of awards recently made under The BPT Annual Incentive Plan and 87,491
in  respect  of  awards recently made under The BPT Long Term Share  Incentive
Scheme.

The  BPT Employee Benefits Trust now holds a total of 321,327 ordinary shares,
representing  0.21  per cent of the Company's issued ordinary  share  capital.
57,000 of these shares (purchased on 15 February 2000 at a price per share  of
208p) are being transferred from the BPT Employee Benefits Trustee Ltd to  the
BPT Employee Benefits Trustee (No 2) Ltd.


The BPT Annual Incentive Plan

In  accordance with the Rules of The BPT Annual Incentive Plan,  directors  of
the  Company  have  been  allocated the right to acquire  ordinary  shares  in
respect of the year ended 5 April 2000 as follows:

T N Watts                          18,509                          
N A Denby                          10,887                          
G R Butterworth                     6,097                          
J D Story                           4,953                          
     

For the purpose of the current awards the average price per share is 215.273p

Such  rights can be exercised in July 2003 and include the right to receive  a
Matching  Award under the Rules of the Plan.  These rights are in addition  to
those previously reported.


The BPT Long Term Share Incentive Scheme

In  accordance  with  the Rules of The BPT Long Term Share  Incentive  Scheme,
shares  will  be  vested  in the relevant employees  in  2003  only  upon  the
achievement  of  the  specified  performance criteria.  Ordinary  shares  were
allocated on 18 July 2000 for the possible future benefit of directors of  the
Company as follows:

T N Watts                          19,768                          
N A Denby                          10,982                          
G R Butterworth                     6,150                          
J D Story                           6,150                          
     

For the purpose of the current awards the average price per share is  227.635p


The Bradford Property Trust Profit Sharing Scheme

The  Company  was  also  informed on 18 July that the  BPT  Employee  Benefits
Trustee  (No  2)  Limited, the trustee of The Bradford Property  Trust  Profit
Sharing Scheme (the 'Scheme') had purchased 14,004 ordinary shares of 5p  each
in  the  Company  at  a  price of 251.5p per share.  In  total  71,004  shares
(including the 57,000 transferred shares mentioned above) were appropriated to
eligible  employees on 18 July 2000 in accordance with the provisions  of  the
Scheme which was approved by the Inland Revenue on 11 September 1998.

Appropriations to directors of the Company were made as follows:

T N Watts:                        3,693                            
N A Denby:                        3,692                            
G R Butterworth:                  2,585                            
J D Story                         4,953                            


For the purpose of the award the average price per share is  216.59p.

BPT  Employee  Benefits  Trustee (No 2) Limited is the  registered  holder  of
118,948  ordinary  shares representing 0.08 percent of  the  Company's  issued
ordinary share capital.  A further 57,000 ordinary shares are in the course of
transfer into this name, as referred to above.


The  other  interests of those directors named above in the  Company's  issued
share capital remain unchanged.