Top Ten Holdings

Polar Capital Technology Trust PLC
04 April 2005


Polar Capital Technology Trust PLC


Top Ten Equity Holdings - 31 March 2005

As at 31st March 2005 the top ten equity holdings and the sector breakdowns were
as follows

Top 10 Equity Holdings          %   Sector Breakdown                         %
Motech                        1.7%  SEMICONDUCTORS                        18.2%
LG Philips                    1.6%  SOFTWARE                              15.8%
Kumho Electric                1.4%  OTHER SECTORS                         11.7%
CKD Corporation               1.4%  HEALTHCARE                            12.2%
KLA Tencor                    1.3%  COMPUTING                             10.4%
Nitto Denko                   1.3%  SERVICES                               8.0%
Yahoo                         1.3%  ELECTRONIC COMPONENTS                  6.5%
APLIX                         1.3%  COMMS EQ (EX WIRELESS)                 5.5%
JSR                           1.2%  WIRELESS                               5.1%
Atos Origin                   1.2%  CONSUMER                               3.5%
                                    DEFENCE                                2.8%
                                    TELECOMS/ MEDIA                        0.3%
                  Total      13.7%                           Total       100.0%


Brian Ashford-Russell, 4th April 2005.





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