Top Ten Equity Holdings

Polar Capital Technology Trust PLC
03 February 2005


Polar Capital Technology Trust PLC


Top Ten Equity Holdings - 31st January 2005

As at 31st January 2005 the top ten equity holdings and the sector breakdowns
were as follows

Top 10 Equity Holdings          %   Sector Breakdown                         %
LG Philips                    2.1%  COMPUTING                              9.4%
APLIX                         1.6%  CONSUMER                               4.2%
CKD                           1.3%  COMMS EQ (EX WIRELESS)                 6.3%
Kumho Electric                1.3%  SEMICONDUCTORS                        18.5%
Apple                         1.3%  SERVICES                               8.5%
Nitto Denko                   1.3%  SOFTWARE                              17.6%
JSR                           1.3%  TELECOMS/ MEDIA                        0.3%
Harris                        1.2%  WIRELESS                               4.1%
Motech                        1.2%  HEALTHCARE                            11.7%
Connect                       1.2%  ELECTRONIC COMPONENTS                  5.7%
                                    DEFENCE                                2.3%
                                    OTHER SECTORS                         11.4%
                  Total      13.8%                           Total       100.0%


Brian Ashford-Russell, 3rd February 2005.





                      This information is provided by RNS
            The company news service from the London Stock Exchange
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