Month End Update

British Assets Trust PLC
13 April 2006

British Asset Trust plc




ALL DATA AS AT 31st March 2006



THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, http://
www.fandc.com/ FROM APPROXIMATELY 18th April 2006



Top ten equity holdings

BP Plc  6.0%
HSBC Holdings  4.6%
Royal Dutch Shell  4.3%
GlaxoSmithKline  3.8%
Vodafone Group  3.3%
Royal Bank of Scotland Group  2.8%
AstraZeneca  1.6%
HBOS  1.6%
Anglo American  1.6%
Barclays  1.5%

Total  31.1%




Country

UK  66.3%
Europe (ex UK)  5.5%
North America  10.8%
Japan  5.7%
Far East (ex Japan)   3.4%
Corporate Bonds  5.5%
Cash  2.8%

Total    100.0




Actual gearing: 120.8
Potential gearing: 124.2





                      This information is provided by RNS
            The company news service from the London Stock Exchange