Portfolio Update

Finsbury Technology Trust PLC
03 March 2006



                                                                    3 March 2006





                         FINSBURY TECHNOLOGY TRUST PLC

                              (the "Company")





STATEMENT OF INVESTMENTS





In compliance with the Listing Rules - Chapter 21 Investment Entities (I)(ii),
the Company discloses the following:



  • Investments valuing greater than 5% of the Company's gross assets comprise
    the following:


Company Name                                                    Value of Investment as at      % of Portfolio

                                                                    28 February 2006
None                                                                      None                      None





  • The ten largest investments held by the Company comprise the following:


Company Name                                                    Value of Investment as at      % of Portfolio

                                                                    28 February 2006
MAMUT ASA NOK0.50                                                       2,402,731                   3.70
ASM INTERNATIONAL NV EUR0.04(USA LINE)                                  2,051,890                   3.16
UK TREASURY 8.5% 16/07/07                                               1,974,159                   3.04
FRAMTIDSFABRIKEN SEK0.05                                                1,877,250                   2.89
PLUSNET ORD GBP0.002                                                    1,874,506                   2.88
TANDENBERG TELEVISION NOK2                                              1,755,635                   2.70
IMAGINATION TECHNOLOGIES ORD GBP0.10                                    1,670,511                   2.57
VANCO ORD GBP0.05                                                       1,617,218                   2.49
ALTERA CORPORATION COM USD0.001                                         1,516,231                   2.33
CISCO SYSTEMS COM STK USD0.001                                          1,514,027                   2.33







                                    - ENDS -



For further information please contact:

Tracey Lago

Close Finsbury Asset Management Limited

Company Secretary

Telephone: [phone]




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