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3i European Tech (TTT)

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Monday 22 November, 2004

3i European Tech

Holding(s) in Company

3i European Technology Trust PLC
22 November 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

3i European Technology Trust plc

2. Name of shareholder having a major interest

Citigroup Global Markets UK Equity Limited

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

In respect of 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Not known

5. Number of shares / amount of stock acquired

Not known

6. Percentage of issued class

Not known

7. Number of shares / amount of stock disposed

Not known

8. Percentage of issued class

Not known

9. Class of security

Ordinary shares of 10p each

10. Date of transaction

Not known

11. Date company informed

19 November 2004

12. Total holding following this notification

1,700,000

13. Total percentage holding of issued class following this notification

9.87%

14. Any additional information

Citigroup Global Markets UK Equity Limited have stated that this interest was as at close of business on
18 November 2004.

15. Name of contact and telephone number for queries

Robin Jack-Kee - 020 7975 3515

16. Name and signature of authorised company official responsible for making
this notification

For and on behalf of 3i plc, Secretaries to 3i European Technology Trust plc

Date of notification

22 November 2004


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