Portfolio Update

British Portfolio Trust PLC
02 February 2006


                          BRITISH PORTFOLIO TRUST PLC


List of Top Ten Investments and all Holdings over 5% of Gross Assets at 31
January 2006, announced in accordance with Listing Rule 15.4.11 (2).


                     Holding                                   % of Gross Assets
BP                                                                   7.28
Royal Dutch Shell 'B' Shares                                         5.14
HSBC                                                                 4.96
GlaxoSmithKline                                                      4.85
Vodafone Group                                                       4.65
Royal Bank of Scotland Group                                         3.59
Astrazeneca                                                          2.52
Barclays                                                             2.36
Anglo American                                                       2.18
HBOS                                                                 2.15


Enquiries :

Peter Ingram
Company Secretary
Tel. [phone]


2 February 2006




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