Holding(s) in Company

British Portfolio Trust PLC
10 November 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

British Portfolio Trust plc

2)   Name of shareholder having a major interest

Mr Peter Benthall Shone

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18


As in 2 above.

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Mr Peter Benthall Stone A/C DGAFS and Mr Dennis Gordon Allen - 766,666

Mr Peter Benthall Stone A/C HCW68 and Mrs Caroline Mary Wikeley - 23,000

Mr Dennis Gordon Allen and Mr Peter Benthall Stone - 982,080

Miss Heather Barbara Allen and Mr Peter Benthall Stone - 1,000,000

5)   Number of shares/amount of stock acquired


6)   Percentage of issued class


7)   Number of shares/amount of stock disposed

-

8)   Percentage of issued class

-

9)   Class of security

Ordinary Shares of 1p each

10)  Date of transaction

Not disclosed

11)  Date company informed

10th November 2003

12)  Total holding following this notification

2,771,746



13)  Total percentage holding of issued class following this notification

5.5%

14)  Any additional information

Percentage has fallen following the issue of new ordinary shares by the Company.

15)  Name of contact and telephone number for queries

P W I Ingram



020 7475 6410

16)  Name and signature of authorised company official responsible for
     making this notification


P W I Ingram


Date of notification 10th November 2003





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