Holding(s) in Company

Polar Capital Technology Trust PLC
05 December 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company


POLAR CAPITAL TECHNOLOGY TRUST PLC

2)   Name of shareholder having a major interest



Legal & General Investment Management Limited

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

AS 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


HSBC Global Custody Nominees (UK) Ltd - A/C 775245  -    652,000 shares

HSBC Global Custody Nominees (UK) Ltd - A/C 357206  -  3,262,833 shares

HSBC Global Custody Nominees (UK) Ltd - A/C 747381  -    294,080 shares

HSBC Global Custody Nominees (UK) Ltd - A/C 866203  -    155,600 shares

HSBC Global Custody Nominees (UK) Ltd - A/C 360509  -    134,000 shares


5)   Number of shares/amount of stock acquired

37,879

6)   Percentage of issued class



7)   Number of shares/amount of stock disposed

N/A

8)   Percentage of issued class

3.01%

9)   Class of security


ORDINARY SHARES OF 25P EACH


10)  Date of transaction



02 December 2002



11)  Date company informed

05 December 2002

12)  Total holding following this notification

4,495,513


13)  Total percentage holding of issued class following this notification

3.01%%

14)  Any additional information

NONE

15)  Name of contact and telephone number for queries

N P TAYLOR

020 7592 1511

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


N P TAYLOR

COMPANY SECRETARY






     Date of notification 05 December 2002




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