Holding(s) in Company

Polar Capital Technology Trust PLC 08 November 2007 TR-1: NOTIFICATION 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 Technology Trust plc 2. Reason for the notification (place an X inside the appropriate bracket/s) An acquisition or disposal of voting rights: ( X ) 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 the notification obligation: Barclays PLC 4. Full name of shareholder(s) (if different from 3.) : Barclays Bank Trust Company Ltd Barclays Global Investors Ltd Barclays Life Assurance Co Ltd Barclays Private Bank and Trust Ltd Barclays Stockbrokers Ltd Gerrard Investment Management Ltd Walbrook Trustees (Guernsey) Ltd 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 05-Nov-07 6. Date on which issuer notified: 06-Nov-07 7. Threshold(s) that is/are crossed or reached: 5% to 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to the Triggering transaction if possible using the ISIN CODE Number of shares Number of voting Rights GB0004220025 6,932,081 6,932,081 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting if possible using the rights ISIN CODE Direct Direct Indirect Direct Indirect GB0004220025 4,875,932 0 4,875,932 0.00 3.52% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument Period/ Date exercised/ converted. rights Total (A+B) Number of voting rights % of voting rights 4,875,932 3.52 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Barclays Bank Trust Company Ltd Barclays Global Investors Ltd Barclays Life Assurance Co Ltd Barclays Private Bank and Trust Ltd Barclays Stockbrokers Ltd Gerrard Investment Management Ltd Walbrook Trustees (Guernsey) Ltd Proxy Voting: 10. Name of the 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: None 14. Contact name: Geoff Smith 15. Contact telephone number: 020 7116 2913 This information is provided by RNS The company news service from the London Stock Exchange
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