Top Ten holdings

Polar Capital Technology Trust PLC
02 July 2004


Polar Capital Technology Trust PLC

Top Ten Equity Holdings -  30th June 2004


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


      Top Ten Equity Holdings                                Sector Breakdown
                                         Computing                                            9.9%
Maxim Integ Products           1.6%      Consumer                                             7.1%
Optimax Technologies         1.5%        Communication Equipment ex Wireless                  5.2%
Qualcomm                       1.4%      Semiconductors                                      25.3%
Linear Technology              1.4%      Services                                             8.5%
KLA Tencor                     1.4%      Software                                            14.5%
Taiwan Semicon                 1.3%      Telecoms/Media                                       0.3%
LG Electronics                 1.3%      Wireless                                             4.0%
Nitto Denko                    1.3%      Healthcare                                          13.4%
Samsung Electronics         1.3%         Electronic Components                                3.2%
Zeon                           1.3%      Defence                                              2.2%
                                         Other                                                6.4%

                   Total      13.8%                                             Total       100.0%


Brian Ashford-Russell, 2nd July 2004




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