Top Ten Holdings

British Portfolio Trust PLC
06 February 2004

                                   BRITISH PORTFOLIO TRUST PLC

                              TOP 10 HOLDINGS AS AT 30 JANUARY 2004

Stock Name                                                                Market Value           %
                                                                          £

Vodafone                                                                  5,608,875           8.24
BP                                                                        4,748,320           6.98
HSBC                                                                      3,862,447           5.68
GlaxoSmithkline                                                           3,577,146           5.26
Royal Bank of Scotland                                                    2,742,044           4.03
AstraZeneca                                                               1,976,167           2.90
Barclays                                                                  1,965,883           2.89
Shell Transport & Trading                                                 1,911,722           2.81
Lloyds TSB                                                                1,379,963           2.03
HBOS                                                                      1,163,222           1.71

Total Assets less Current Liabilities                                    68,060,603

Enquiries:

Peter Ingram
Company Secretary
Tel. [phone]

6 February 2004



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