Top Ten Holdings

British Portfolio Trust PLC
09 January 2004

                        BRITISH PORTFOLIO TRUST PLC
                 TOP 10 HOLDINGS AS AT 31 DECEMBER 2003

Stock Name                                            Market Value             %
                                                                 £

Vodafone                                                         5,649,667  8.27
BP                                                               5,022,742  7.35
HSBC                                                             4,008,544  5.87
GlaxoSmithkline                                                  3,880,294  5.68
Royal Bank of Scotland                                           2,786,053  4.08
Shell Transport & Trading                                        2,194,256  3.21
AstraZeneca                                                      2,035,406  2.98
Barclays                                                         1,978,790  2.90
Lloyds TSB                                                       1,343,964  1.97
HBOS                                                             1,157,622  1.69

Total Assets less Current Liabilities                           68,326,250

Enquiries:

P I Ingram
Company Secretary
Tel. [phone]

9 January 2004




                      This information is provided by RNS
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