Top 10 Holdings

British Portfolio Trust PLC
05 September 2003


                         BRITISH PORTFOLIO TRUST PLC
                    TOP 10 HOLDINGS AS AT 29 AUGUST 2003

Stock Name                                          Market Value            %
                                                               £

Vodafone                                               4,721,653         7.66
HSBC                                                   3,711,784         6.02
GlaxoSmithkline                                        3,658,996         5.94
BP                                                     3,571,944         5.79
Royal Bank of Scotland                                 3,042,605         4.94
Shell Transport & Trading                              2,093,917         3.40
AstraZeneca                                            1,845,536         2.99
Barclays                                               1,826,881         2.96
HBOS                                                   1,391,125         2.26
Lloyds TSB                                             1,244,967         2.02

Total Assets less Current Liabilities                 61,648,356




Enquiries:

P W I Ingram
Company Secretary
Tel: [phone]
5th September 2003


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