Director Declaration

30 October 2006

                         FINSBURY TECHNOLOGY TRUST PLC                         

                                (the "Company")                                

             Notification of Board changes and directors' details              

Announcement is made in respect of listing rule 9.6.13 (1) and 9.6.14, on
behalf of John Cornish, Director.

The Company hereby announces the appointment of John Cornish as a Director of
`Strategy Equity Capital PLC' company number 05448627, on 6 September 2006.

                                    - END -                                    

Contact information:

Mark Pope - 020 7426 6294

Close Investments Limited

Company Secretary