Purchase of Own Securities

British Assets Trust PLC
25 November 1999


REPURCHASE OF GROWTH SHARES

On 25 November 1999 British Assets Trust plc bought 600,000 of its own growth
shares for cancellation at a price of 137.00p each.  There are 56,815,296
growth shares in issue following this repurchase.

Gordon J Humphries
Company Secretary

Enquiries:  0131 465 1000