Holding(s) in Company

Polar Capital Holdings PLC
09 April 2008


TR-1: Notifications of Major Interests in Shares


                                                              

1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached:     Polar Capital Holdings Plc Ord 2.5p


2. Reason for notification (yes/no)
                                                                                        

An acquisition or disposal of voting rights                                             Yes


An acquisition or disposal of financial instruments which may result in the acquisition
of shares already issued to which voting rights are attached


An event changing the breakdown of voting rights


Other (please specify):
                                                     

3. Full name of person(s) subject to notification
obligation:                                          Artemis Investment Management Ltd
                                                     

4. Full name of shareholder(s) (if different from    
3):                                                  Institutional UK Growth
                                                     Artemis Alpha Trust
                                                     BAE Systems CIF Trust
                                                     BAE Systems 2000 Pension Plan Trust
                                                     Absolute Return Hedge Fund


                                                     

5. Date of transaction (and date on which the
threshold is crossed or reached if different):       4th April 2008
                                                     

6. Date on which issuer notified:                    7th April 2008
                                                     

7. Threshold(s) that is/are crossed or reached:      5%


8: Notified Details
A: Voting rights attached to shares


Class/type of     Situation previous to the   Resulting situation after the triggering transaction
shares            triggering transaction
                  Number of     Number of     Number of     Number of voting rights  Percentage of
If possible use   shares        voting rights shares                                 voting rights
ISIN code

                                                            Direct        Indirect   Direct    Indirect
GB00B1GCLT25      3,695,149     3,695,149     4,237,849     4,237,849                5.93%


B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights  Percentage of voting
instrument                                period/date          that may be acquired  rights
                                                               (if the instrument
                                                               exercised/converted)





Total (A+B)


Number of voting rights                              Percentage of voting rights
4,237,849                                            5.93%


9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively
held, if applicable:



Proxy Voting:


10. Name of proxy holder:


11. Number of voting rights proxy holder will cease
to hold:


12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:


14 Contact name:                                       Neil Taylor


15. Contact telephone name:                            020 7227 2700






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