Holding(s) in Company

British Portfolio Trust PLC
23 February 2007


TR-1(i):      NOTIFICATION OF MAJOR INTERESTS IN SHARES 

1. Identity of the issuer or the underlying issuer of existing          British Portfolio Trust PLC
shares to which voting rights are attached(ii):

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                                        x

An acquisition or disposal of financial instruments which may result in the acquisition of       (   )
shares already issued to which voting rights are attached

An event changing the breakdown of voting rights                                                   x

Other:                                                                                           (   )

3. Full name of person(s) subject to the notification                           Barclays PLC
obligation(iii):

4. Full name of shareholder(s) (if different from 3.)(iv):

Barclays Bank Trust Company Ltd
Barclays Private Bank Ltd
Barclays Stockbrokers Ltd
Gerrard Ltd

5. Date of the transaction and date on which the threshold is                     21.02.07
crossed or reached(v):

6. Date on which issuer notified:                                                 22/02/07

7. Threshold(s) that is/are crossed or reached:                                   7% to 6%



8. Notified details:


A: Voting rights attached to shares

Class/type of    Situation previous to Resulting situation after the triggering transaction(vii)
shares           the Triggering
                 transaction (vi)
 if possible     Number of  Number of  Number of     Number of voting rights  % of voting rights
using the ISIN   Shares     Voting     shares        ix
CODE                        Rights
                            viii                     Direct  x   Indirect xi  Direct       Indirect

 GB0030961691    2,773,922  2,773,922  2,761,422                  2,761,422                6.97%
                 



B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.



Total (A+B)
Number of voting rights                            % of voting rights
                    
2,761,422                                          6.97%



9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:

Barclays Bank Trust Company Ltd

Barclays Private bank Ltd

Barclays Stockbrokers Ltd

Gerrard Ltd


Proxy Voting:
10. Name of the proxy holder:                                                       N/A
11. Number of voting rights proxy holder will cease to hold:                        N/A
12. Date on which proxy holder will cease to hold voting rights:                    N/A


        13. Additional information:          Please note that this is the first disclosure made on behalf of
                                             Barclays PLC in relation to holdings in British Portfolio Trust
                                             Plc since the implementation of the Disclosure and Transparency
                                                                     Rules in the UK.

14. Contact name:                                                      Peter Ingram

15. Contact telephone number:                                         020 7065 1467



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