Directorate Change

RNS Number : 1261T

British Assets Trust PLC

01 June 2009

TO: RNS

FROM: British Assets Trust plc

DATE: 1 June 2009

Directorate Change

As previously announced, the Chairman of the Company, Mr William Thomson will retire from the Board immediately following the Company's Annual General Meeting which will be held on 17 December 2009.

The Board is now pleased to announce that Mr Thomson will be succeeded as Chairman by Ms Lynn Ruddick, who joined the Board as a non-executive Director on 1 October 2004. Ms Ruddick is currently also a non-executive director of Fidelity Special Values plc and Standard Life UK Smaller Companies Trust plc, a member of the Investment Committees of The Pearson Group Pension Plan and Western Provident Association, Chairman of the WPA Pension Scheme Board and a trustee of the Scottish & Newcastle Pension Scheme.