Portfolio Update

British Portfolio Trust PLC
07 October 2004


                          BRITISH PORTFOLIO TRUST PLC
                  PORTFOLIO SUMMARY AS AT 30 September 2004

                                                    Market Value            %
                                                         £

FTSE 100 Index                                        49,990,852        73.66
FTSE 250 Index                                        13,642,515        20.10
FTSE Small Cap                                         1,004,244         1.48
Cash                                                   2,516,803         3.71
Other                                                    712,771         1.05

Total Assets less Current Liabilities                 67,867,185



Enquiries:

P W I Ingram
Company Secretary
Tel: [phone]
7 October 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange