Top Ten Holdings 31.5.06

Polar Capital Technology Trust PLC
05 June 2006


Polar Capital Technology Trust PLC


Top Ten Equity Holdings - 31 May 06

As at 31 May 2006 the top ten equity holdings and the sector breakdowns were as
follows
---------------------     ----------- -------------------             ----------
Top 10 Equity Holdings            %   Sector Breakdown                       %
Nomura Research Institute      1.28%  SEMICONDUCTORS                      15.8%
Aveva Group                    1.25%  SERVICES                            14.5%
Cdnetworks Co                  1.19%  SOFTWARE                            14.3%
Keyence                        1.17%  HEALTHCARE                          14.1%
SAP                            1.15%  OTHER SECTORS                       10.7%
Amgen                          1.15%  COMPUTING                            8.5%
Wincor Nixdorf                 1.15%  COMMS EQ (EX WIRELESS)               5.1%
Neomax                         1.15%  CONSUMER                             3.8%
Qualcomm                       1.14%  DEFENCE                              3.5%
Aruze                          1.14%  ELECTRONIC COMPONENTS                3.4%
                                      WIRELESS                             3.4%
---------------------     -----------
                  Total       11.77%  TELECOMS/ MEDIA                      2.9%
---------------------     ----------- -------------------             ----------
                                                            Total        100.0%
                                      -------------------             ----------

Brian Ashford-Russell,
Ben Rogoff

Monday, 05 June 2006


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