Treasury Stock

British Portfolio Trust PLC
23 June 2005

British Portfolio Trust plc announces that on 23 June 2005 it purchased, to be
held in treasury, 50,000 Ordinary Shares at 142.5p per share (representing 0.11%
of the issued ordinary capital).

Settlement of the purchased 50,000 Ordinary Shares is due on 28 June 2005.

Following the purchase and non-cancellation of the 50,000 Ordinary Shares, the
total number of treasury shares held by the Company will be 404,000. The issued
share capital of the Company, less the total number of Ordinary Shares held in
Treasury, will be 45,805,002 Ordinary 1p Shares.

Enquiries:

P W I Ingram

Company Secretary

Tel: [phone]

23 June 2005






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