Purchase of Own Securities

British Empire Sec & Gen Tst PLC
17 January 2000



The Board of British Empire Securities and General Trust announces that on 17
January 2000, the Company purchased 45,000 units of Equities Index Unsecured
Loan Stock (EIULS) 2013 for cancellation, at a price of 313 pence per unit.
The Company now has 4,237,530 units of EIULS in issue.

For further information please contact:

John Walton, Ivory & Sime Asset Management Limited      0171 853 6900