Holdings in Company

FINSBURY TECHNOLOGY TRUST PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

    FINSBURY TECHNOLOGY TRUST PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

    BRITISH EMPIRE SECURITIES & GENERAL TRUST PLC

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

    NAMED IN 2 ABOVE

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

    CHASE NOMINEES LIMITED

5)  Number of shares/amount of stock acquired.

    N/A

6)  ( N/A %) of issued Class

7)  Number of shares/amount of stock disposed

    1,045,000

8)  (3.94%) of issued Class

9)  Class of security

    25p ORDINARY

10) Date of transaction

    13 JULY 99

11) Date company informed

    14 JULY 99

12) Total holding following this notification

    NIL

13) Total percentage holding of issued class following this notification

    NIL

14) Any additional information

    FRIENDS PROVIDENT LIFE OFFICE AND ITS SUBSIDIARIES FRIENDS IVORY
    & SIME PLC AND IVORY & SIME ASSET MANAGEMENT LIMITED HAVE ALSO 
    DECLARED AN INTEREST IN THE SHARES REFERRED TO ABOVE.

15) Name of contact and telephone number for queries

    DAVID FALLON
    REA BROTHERS LIMITED
    0171 397 6987

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

    Date of Notification...15 JULY 1999.....................


                    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.

    NOT GIVEN

6)  (NOT GIVEN %) of issued Class

7)  Number of shares/amount of stock disposed

    NIL

8)  (NIL %) of issued Class

9)  Class of security

    25p ORDINARY

10) Date of transaction

    NOT GIVEN

11) Date company informed

    6 JULY 1999

12) Total holding following this notification

    4,890,000

13) Total percentage holding of issued class following this notification

    18.43%

14) Any additional information

    
15) Name of contact and telephone number for queries

    DAVID FALLON
    REA BROTHERS LIMITED
    0171 397 6987

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

    Date of Notification...15 JULY 1999.....................