Portfolio Update

British Portfolio Trust PLC
02 November 2005


                                BRITISH PORTFOLIO TRUST PLC
                           TOP 10 HOLDINGS AS AT 31 October 2005

Stock Name                                               Market Value          %
                                                                    £

BP                                                          6,216,124       7.81
GlaxoSmithKline                                             4,880,915       6.14
Vodafone Group                                              4,801,685       6.04
HSBC                                                        3,872,770       4.87
Royal Dutch Shell                                           3,181,410       4.00
Royal Bank of Scotland                                      2,646,411       3.33
AstraZeneca                                                 1,923,383       2.42
Barclays                                                    1,802,418       2.27
BT Group                                                    1,586,770       1.99
HBOS                                                        1,493,333       1.88

Total Gross Assets                                         79,541,083


Enquiries:

Peter Ingram
Company Secretary
Tel. [phone]

2 November 2005


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