Holding(s) in Company

Finsbury Technology Trust PLC
29 March 2005


                              SCHEDULE 10

               NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

FINSBURY TECHNOLOGY TRUST PLC


2. Name of shareholder having a major interest

Laxey Partners Ltd


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

Credit Suisse First Boston Nominees Limited A/C D6M5PB


5. Number of shares / amount of stock acquired

Not disclosed


6. Percentage of issued class

-


7. Number of shares / amount of stock disposed

Not disclosed


8. Percentage of issued class

-


9. Class of security

ORDINARY 25P SHARES


10. Date of transaction

29 March 2005


11. Date company informed

29 March 2005


12. Total holding following this notification

5,259,276


13. Total percentage holding of issued class following this notification

19.04%


14. Any additional information

 The Value Catalyst Fund Ltd - 1,402,500 shares
 LP Value Limited - 1,175,700 shares

Other Funds under the Management of Laxey Partners Limited - 2,681,076 shares


15. Name of contact and telephone number for queries

Tracey Lago - 020 7426 6219


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

Tracey Lago
For and on behalf of Close Finsbury Asset Management Limited


Date of notification

29 March 2005


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for loss of business or loss of profits) arising in contract, tort or otherwise
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