Net Asset Value(s)

Polar Capital Technology Trust PLC
02 September 2005


POLAR CAPITAL TECHNOLOGY TRUST PLC
POLAR CAPITAL PARTNERS LIMITED
2nd September 2005




POLAR CAPITAL TECHNOLOGY TRUST PLC
As at close of business on 1st September 2005 the unaudited fully diluted net
asset value per share, calculated in accordance with the AITC formula was
219.14p and the unaudited undiluted net asset value per share, calculated on the
same basis, was 239.02p.


                                    - ENDS -

For further information, please call:
Sachin Patel
Investment Trust Operations Department
Polar Capital Partners Limited
Tel: [phone]
www.polarcapitaltechnologytrust.co.uk



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