Holdings in Company

Polar Capital Holdings PLC
05 April 2007

Polar Capital Holdings plc (the 'Company')



5 April 2007



Changes in Substantial Shareholders Interests


Following the announcement that the Company's issued share capital would
increase to 66,902,360 shares in issue, notices have been received from the
following substantial Shareholders advising the Company of changes in their
percentage voting rights due to the increase in the shares in issue.


None of the Substantial shareholders notifying the Company of these changes have
disposed of any shares.


•     Caledonia Investments Plc - Shareholding unchanged at 10,666,640
      ordinary shares  - voting percentage decreased from 16.48% to 15.94%


•     XL Re Ltd - Shareholding unchanged at 8,000,000 ordinary shares  -
      voting percentage decreased from 12.36% to 11.96%


•     B. Ashford-Russell and connected persons - Shareholding unchanged at
      10,000,000 ordinary shares  - voting percentage decreased from 15.45% to 
      14.95%


•     J. Mansell and connected persons - Shareholding unchanged at 3,255,240
      ordinary shares  - voting percentage decreased from 5.03% to 4.87%


Notice has also been received by the Company from Mr James Salter that as a
result of the issue of 1,960,240 ordinary shares to him on 30 March 2007 as the
penultimate tranche of shares due to him under the terms of the crystallisation
arrangements for fund managers incentive scheme ('PCPL Preference Share Scheme')
as described in the Placing and admission document dated 31 January 2007 his
total shareholding is 3,288,520 ordinary shares, being 4.92% of the voting
rights.




                      This information is provided by RNS
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