Director Shareholding

Finsbury Technology Trust PLC
27 April 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

Finsbury Technology Trust PLC

2) Name of director

Richard Hoare

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

As in 2 above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

HBN Crest 00XNS

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

As in 2 above

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Gift

7) Number of shares/amount of
stock acquired

10,000

8) Percentage of issued class

0.036%

 9. Number of shares/amount
    of stock disposed

    10,000

    10) Percentage of issued class

    0.036%

    11) Class of security

    Ordinary shares of 25p each

    12) Price per share

    Nil (gift)

    13) Date of transaction

    not stated

    14) Date company informed

    26 April 2001

    15) Total holding following this notification

    10,000

    16) Total percentage holding of issued class following this notification

    0.036%


    23) Any additional information

    Mr Hoare has gifted 10,000 shares in which he had a beneficial interest as
    a to The Bulldog Trust. Mr Hoare retains a non beneficial interest in the
    10,000 shares as he is a trustee of The Bulldog Trust.



Close Finsbury Asset Management Limited

Secretary

27 April 2001