Portfolio Update

British Empire Sec & Gen Tst PLC
02 October 2007

BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC

In accordance with Listing Rule 15.4.11 (1), British Empire Securities and
General Trust plc announces that at 30 September 2007 it had the following
holdings in other UK listed investment companies (including listed investment
trusts) which do not have a stated investment policy to invest no more than 15%
of their gross assets in other listed UK investment companies (including listed
investment trusts):

Name                                                     Market Value (£)         Percentage of portfolio
Advance UK Trust Plc Ord 1p                                     4,186,059                             0.5
Total                                                           4,186,059                             0.5




In accordance with Listing Rule 15.4.11 (2), British Empire Securities and
General Trust plc announces that at 30 September 2007 the ten largest
investments were as follows:


Company                                                  Market value (£)         Percentage of portfolio

Treasury 7.25% 07/12/2007                                      50,130,000                            5.96
Treasury 5% 07/03/2008                                         49,940,000                            5.94
Investor AB 'A' SEK6.25                                        33,190,016                            3.95
Sofina SA Common NPV                                           26,956,798                            3.21
Jardine Strategic Holdings USD0.05                             25,288,829                            3.01
Treasury 4% 07/03/2009                                         24,640,000                            2.93
Jardine Matheson Holdings USDO.25                              22,302,236                            2.65
Paris Orleans et Cie SA EUR7.62                                22,242,891                            2.64
Electra Private Equity Plc Ord                                 21,952,291                            2.61
Groupe Bruxelles Lambert SA NPV                                21,202,419                            2.52
Total                                                         297,845,480                            35.4

Except as stated above there were no investments with a value greater than 5% of
the Company's portfolio.

Phoenix Administration Services Limited - Secretary
2 October 2007


                      This information is provided by RNS
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