Transaction in own shares-Rep

Polar Capital Technology Trust PLC
23 April 2004


The following amendment to the 'Transaction in own shares' announcement
reference 23.04.04 at 08.58am RNS No. 9303X

Shares in issue were incorrect and the market purchase figure was mistyped.

All other details remain unchanged, and the full announcement as amended is
below.


Polar Capital Technology Trust PLC

23rd  April  2004

Market Purchase of Company's Own Shares

Notification is given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 23 July 2003 to make market purchases of
the Company's own shares , a market purchase of 300,000  ordinary shares of 25p
each in the capital of the Company was made 22.04.03 at 17.30 at a price of 166p
per share.  Following this purchase and cancellation there will be 148,378,285
shares in issue.


For further information please contact:

Brian Ashford-Russell
Telephone: [phone]


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