Top Ten Holdings

Polar Capital Technology Trust PLC
03 February 2004


Polar Capital Technology Trust PLC

Top Ten Equity Holdings -  30th January 2004

As at 30th January 2004 the top ten equity holdings and the sector breakdowns
were as follows

      Top Ten Equity Holdings                                Sector Breakdown
                                         Computing                                           10.4%
Venture                        1.6%      Consumer                                             6.6%
NEC                            1.4%      Communication Equipment ex Wireless                  6.1%
Nokia                          1.3%      Semiconductors                                      28.8%
Samsung Electronics            1.3%      Services                                             8.8%
Nintendo                       1.3%      Software                                            15.5%
Genentech                      1.3%      Telecoms/Media                                       1.3%
Hon Hai Prec Ind               1.2%      Wireless                                             5.4%
Filtronic                      1.2%      Healthcare                                          11.1%
Qualcomm                       1.2%      Electronic Components                                0.3%
Amgen                          1.2%      Defence                                              1.9%
                                         Other                                                3.8%
                   Total      13.0%                                             Total       100.0%

Brian Ashford-Russell, 3rd February 2004


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