Interim Management Statement

RCM Technology Trust PLC
11 April 2008

RCM Technology Trust PLC


Interim Management Statement


For the quarter ended 29 February 2008


This interim management statement relates to the quarter from 1 December 2007 to
29 February 2008 and contains information for that period unless otherwise
stated. This statement is produced to provide information in accordance with the
UK Listing Authority's Disclosure and Transparency Rules.


Investment policy and benchmark

The Company invests principally in the equity securities of quoted technology
companies on a worldwide basis with the aim of achieving long-term capital
growth.  The Company's benchmark is the Dow Jones World Technology Index
(sterling total return).



Portfolio

Top ten holdings at 29 February 2008 and percentage of total gross assets

                                          £                             %
US Treasury 0% 3/4/08                    7,990,345                      14.69
US Treasury 0% 1/5/08                    6,865,639                      12.63
Qualcomm                                 2,924,812                      5.38
Salesforce.com Inc                       1,883,779                      3.46
Activision                               1,820,835                      3.35
McAfee                                   1,523,849                      2.80
Intel                                    1,481,236                      2.72
Focus Media                              1,263,294                      2.32
EMC                                      1,223,349                      2.25
Google                                   1,191,452                      2.19

Total gross assets                       £54,378,491



Material events and transactions

During the period 239,000 Ordinary Shares were purchased for cancellation at a
total cost of £575,480.



Financial Performance  to 29 February 2008


                                                   % change
                                     3m           6m          1yr          3yrs          5yrs
Share price                         -6.38        -2.93         3.35          9.01         81.91
Net Asset Value                    -13.11        -8.32        -4.27         -1.24         48.84

Benchmark*                         -10.37       -10.92        -2.43         15.60         42.91



* Dow Jones World Technology Index (sterling total return)

Source: Datastream







Financial position at 29 February and 9 April 2008


                                            29 February                            9 April
Total gross assets                          54,378,491                            55,160,009
Net assets                                  53,981,255                            54,574,758
Share price                                   223.75                                214.00
Net asset value (undiluted)1                  228.83                                231.34
Net asset value (diluted) 1                   235.25                                237.34
Discount 3                                      2.2                                  7.5
Gearing                                         0%                                    0%



1Net asset values are calculated and announced daily.

3 The discount is the difference between the share price and the NAV per share
expressed as a percentage of the NAV per share.

.



Company Information


Launch date                            1995
EPIC                                   RTT
Year end                               30 November
Report and Accounts                    Final posted March, half-yearly posted July
AGM                                    April
Price Information                      Financial Times, The Daily Telegraph,  www.allianzgi.co.uk





Investor information



Further up to date information, including Net Asset Values and share prices, and
the latest available factsheets and portfolio information, is provided on the
Manager's website, which can be accessed via  www.rcmtechnologytrust.co.uk  or
www.allianzgi.co.uk .  Investor services can be contacted on 020 7065 1407 and
information can also be obtained from the Manager's helpline on 0800 317 573.







By order of the Board.
RCM Technology Trust PLC



155 Bishopsgate
London EC2M 3AD



11 April 2008


                      This information is provided by RNS
            The company news service from the London Stock Exchange