Portfolio Update

British Portfolio Trust PLC
03 January 2007


                                      BRITISH PORTFOLIO TRUST PLC

                                TOP 10 HOLDINGS AS AT 31 DECEMBER 2006

Stock Name                                                                 Market Value               %
                                                                                      £

BP                                                                           5,009,859             5.96
GlaxoSmithKline                                                              4,013,224             4.77
Royal Dutch Shell                                                            3,751,801             4.46
Energy XXI                                                                   3,397,880             4.04
Vodafone                                                                     3,261,511             3.88
HSBC                                                                         3,117,175             3.71
Royal Bank of Scotland                                                       2,974,792             3.54
Astrazeneca                                                                  2,082,494             2.48
Anglo American                                                               2,058,497             2.45
Barclays                                                                     2,052,380             2.44

Total Gross Assets                                                          84,092,236


Enquiries:

Peter Ingram
Company Secretary
Tel. [phone]

3 January 2007


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