Purchase of Own Securities

British Assets Trust PLC
28 June 2000

REPURCHASE OF ORDINARY SHARES

On 27 June 2000 British Assets Trust plc bought 125,000 of its own ordinary
shares for cancellation at a price of 152.25p each.  There are 307,391,212
ordinary shares in issue following this repurchase.

The Company still has authority to buy-back for cancellation up to 11.87% of
the ordinary shares in issue as at the date of the annual general meeting held
on 16 December 1999 when the buy-back authority was renewed by shareholders.


Gordon J Humphries
Company Secretary


Enquiries:  0131 465 1000