Top Ten Holdings

Polar Capital Technology Trust PLC
05 January 2004

Polar Capital Technology Trust PLC

Top Ten Equity Holdings -  31st December 2003

As at 31st December 2003 the top ten equity holdings and the sector breakdowns
were as follows

      Top Ten Equity Holdings                                Sector Breakdown
                                         Computing                                            9.6%
ASML                           1.4%      Consumer                                             6.0%
Venture                        1.4%      Communication Equipment ex Wireless                  5.2%
NEC                            1.4%      Semiconductors                                      31.5%
Genentech                      1.3%      Services                                             9.2%
Nintendo                       1.3%      Software                                            16.7%
Qualcomm                       1.3%      Telecoms/Media                                       1.7%
Nokia                          1.2%      Wireless                                             5.3%
Samsung Electronic             1.2%      Healthcare                                          11.0%
Filtronic                      1.2%      Electronic Components                                0.4%
Amgen                          1.2%      Defence                                              1.9%
                                         Other                                                1.5%
                   Total      12.9%                                             Total       100.0%


Brian Ashford-Russell, 5th January 2004



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