Transaction in Own Shares

British Portfolio Trust PLC
27 October 2005



British Portfolio Trust plc announces that on 27 October 2005 it purchased, for
cancellation, 55,000 Ordinary 1p Shares (representing 0.12% of the issued
Ordinary Capital), at a price of 145.5p per Ordinary Share.

Settlement of the purchased 55,000 Ordinary Shares is due on 1 November 2005.

Following the purchase and cancellation of the 55,000 Ordinary Shares, the total
number of Treasury shares held by the Company will be 554,000. The issued share
capital of the Company, less the total number of Ordinary Shares held in
Treasury, will be 45,404,002 Ordinary 1p Shares.

Enquiries:

P W I Ingram

Company Secretary

Tel: [phone]

27 October 2005






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