Purchase of Own Securities

British Empire Sec & Gen Tst PLC
27 July 2001


The Board of British Empire Securities and General Trust announces that on 26
July 2001, the Company purchased 119,768 units of Equities Index Unsecured
Loan Stock (EIULS) 2013 for cancellation, at a price of 255.50 pence per unit.
The Company now has 4,011,762 units of EIULS in issue.

For further information please contact:

John Walton, Ivory & Sime Asset Management Limited      0207 853 6900