Holding(s) in Company

Polar Capital Technology Trust PLC 16 March 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: ( ) 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) : ( X ) Confirmation of our current position using this standard form as required by EUTD regulations 3. Full name of person(s) subject to the notification obligation: Prudential plc group of companies 4. Full name of shareholder(s) (if different from 3.) : See attached schedule 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 14 March 2007 6. Date on which issuer notified: 15 March 2007 7. Threshold(s) that is/are crossed or reached: 4% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering the ISIN CODE transaction Number of Number of voting shares Rights GB0004220025 6,143,000 6,143,000 Resulting situation after the triggering transaction Class/type of shares if Number of Number of voting % of voting possible using the ISIN CODE shares rights rights Direct Direct Indirect Direct Indirect 6,143,000 4.38% 6,143,000 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 N/A N/A N/A N/A N/A Total (A+B) Number of voting rights % of voting rights 6,143,000 4.38% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Prudential plc (parent Company) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: None 14. Contact name: Emma Thompson 15. Contact telephone number: 020 7548 2293 This information is provided by RNS The company news service from the London Stock Exchange
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