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Polar Cap Tech Tst (PCT)

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Tuesday 03 August, 2004

Polar Cap Tech Tst

Top Ten Holdings

Polar Capital Technology Trust PLC
03 August 2004

Polar Capital Technology Trust PLC

Top Ten Equity Holdings -  30th July 2004

As at 30th July 2004 the top ten equity holdings and the sector breakdowns were
as follows


      Top Ten Equity Holdings                                Sector Breakdown
                                         Computing                                            9.3%
Linear Technology              1.6%      Consumer                                             6.4%
Maxim Integ Products           1.6%      Communication Equipment ex Wireless                  5.6%
Qualcomm                       1.5%      Semiconductors                                      17.0%
LG Philips                     1.5%      Services                                            10.8%
Wincor Nixdorf                 1.3%      Software                                            18.0%
Samsung Electronics            1.3%      Telecoms/Media                                       0.3%
Zeon                           1.3%      Wireless                                             4.2%
Tietoenator                    1.3%      Healthcare                                          16.9%
Nitto Denko                    1.2%      Electronic Components                                2.5%
Atos Orgin                     1.2%      Defence                                              3.1%
                                         Other                                                5.9%

                   Total      13.8%                                           Total         100.0%


Brian Ashford-Russell, 3rd August 2004



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