Dividend

British Assets Trust PLC
3 January 2001

QUARTERLY DIVIDEND
SECURITY TITLE
*Equity Index Uns Ln Stk 2005
MNEMONIC CODE           *BSEC
SEDOL CODE              *129-239
DIVIDEND AMOUNT         *1.231p
PROVISIONAL EX DATE     *10-01-01
RECORD DATE             *29-12-00
PAYMENT DATE            *10-01-01
NOTES *