Top Ten Holdings

Polar Capital Technology Trust PLC
02 March 2004


Polar Capital Technology Trust PLC

Top Ten Equity Holdings -  27th February 2004


As at 27th February 2004 the top ten equity holdings and the sector breakdowns
were as follows


      Top Ten Equity Holdings                                Sector Breakdown
                                         Computing                                           10.1%
Venture                        1.6%      Consumer                                             6.4%
Nokia                          1.4%      Communication Equipment ex Wireless                  6.3%
Genentech                      1.4%      Semiconductors                                      27.8%
Samsung Electronics            1.3%      Services                                             8.6%
NEC                            1.3%      Software                                            15.1%
Qualcomm                       1.3%      Telecoms/Media                                       1.2%
Nintendo                       1.2%      Wireless                                             5.7%
Hon Hai Prec Industries        1.1%      Healthcare                                          13.0%
Filtronic                      1.1%      Electronic Components                                0.3%
Amgen                          1.1%      Defence                                              2.0%
                                         Other                                                3.5%

                   Total      12.8%                                             Total       100.0%


Brian Ashford-Russell, 2nd March 2004


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