Top Ten Holdings

Polar Capital Technology Trust PLC
05 May 2004


Polar Capital Technology Trust PLC

Top Ten Equity Holdings - 30th April 2004


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

      Top Ten Equity Holdings                                Sector Breakdown
                                         Computing                              11.4%
Genentech                      1.7%      Consumer                                8.9%
Venture                        1.5%      Communication Equipment ex Wireless     4.5%
Samsung Electronics            1.5%      Semiconductors                         21.8%
NEC                            1.5%      Services                                8.0%
Nintendo                       1.3%      Software                               14.5%
Zeon                           1.3%      Telecoms/Media                          0.8%
Qualcomm                       1.2%      Wireless                                4.0%
LG Electronics                 1.1%      Healthcare                             15.1%
Computacenter                  1.0%      Electronic Components                   2.2%
Yahoo                          1.0%      Defence                                 2.2%
                                         Other                                   6.6%

                   Total      13.1%                                Total       100.0%


Brian Ashford-Russell, 5th May 2004


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