Purchase of Own Securities

British Assets Trust PLC 22 June 2001 REPURCHASE OF WARRANTS On 22 June 2001 British Assets Trust plc bought 2,105,081 of its own warrants for cancellation at a price of 51.00p each. There are 5,083,062 warrants in issue following this repurchase. Gordon J Humphries Company Secretary, British Assets Trust PLC Enquiries: Gordon Humphries, Tel: 0131 465 1000
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