Holding in Company

Finsbury Technology Trust PLC
14 March 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

FINSBURY TECHNOLOGY TRUST PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

LAZARD ASSET MANAGEMENT

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

NON-BENEFICIAL INTEREST

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

NOT GIVEN

5)   Number of shares/amount of stock acquired.

NIL

6)   ( N/A %) of issued Class

N/A

7)   Number of shares/amount of stock disposed

NOT GIVEN

8)   ( N/A %) of issued Class

NOT GIVEN

9)   Class of security

25P ORDINARY

10)  Date of transaction

NOT GIVEN

11)  Date company informed

14 MARCH 2000

12)  Total holding following this notification

3,965,000
              
13)  Total percentage holding of issued class following this notification

14.9%

14)  Any additional information



15)  Name of contact and telephone number for queries

DAVID FALLON     0171-426 6235

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

     Date of Notification ...14 MARCH 2000...........