Directorate Change

Finsbury Technology Trust PLC
07 March 2003

7 March 2003





                         Finsbury Technology Trust plc


Appointment of new director

Mr Chris Martin has been a director of the following companies during the 5
years up to the date of this announcement:

Paras Limited

Xenva Limited               *

Investech Limited           *

Solcom Limited             *

Solent Limited

Expertation Limited

Despatchbox Limited               *

Sciona Limited               *

Spirogen Limited               *

Cascade Fund Management Limited     *

(companies marked * indicate current directorships).

There are no matters to be disclosed under chapters 6.F.2(b) to (g) inclusive of
the Listing Rules.







For and on behalf of the Board

Close Finsbury Asset Management Limited

Secretary



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