Purchase of Own Securities

British Portfolio Trust PLC
22 April 2003


British Portfolio Trust plc announces that on 22nd April 2003 it re-purchased,
for cancellation, 13,000 Ordinary 1p Shares (representing 0.03% of the issued
Ordinary capital), at a price of 100p per Ordinary Share.

Settlement and cancellation of the re-purchased 13,000 Ordinary Shares is due on
25th April 2003 when the issued share capital of the Trust will fall to
48,306,242 Ordinary 1p Shares.

Enquiries:

P W I Ingram

Company Secretary

Tel: [phone]

22nd April 2003



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