Holding(s) in Company

Finsbury Technology Trust PLC
17 January 2006


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Finsbury Technology Trust PLC


2. Name of shareholder having a major interest

Asset Value Investors Limited


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

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

BONY Nominees - 155,593 shares
Chase Nominees - 645,976 shares
Mellon - 55,799 shares
Pictet - 37,020 shares
Chase Nominees - 53,116 shares
Statestreet - 49,360 shares
BONY Nominees - 71,894 shares
NorTrust Nominees - 231,242 shares


5. Number of shares / amount of stock acquired

1,300,000 Ordinary shares


6. Percentage of issued class

5.08%


7. Number of shares / amount of stock disposed

N/A


8. Percentage of issued class

N/A


9. Class of security

Ordinary shares of 25p each


10. Date of transaction

12 January 2006


11. Date company informed

17 January 2006


12. Total holding following this notification

1,300,000 Ordinary shares


13. Total percentage holding of issued class following this notification*

5.08%


14. Any additional information

* Based on the issued share capital of 25,590,312 Ordinary shares


15. Name of contact and telephone number for queries

Melanie Bell - 020 7426 6224


16. Name and signature of authorised company official responsible for making
this notification

Melanie Bell

For and on behalf of Close Finsbury Asset Management Limited


Date of notification

17 January 2006


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