Net Asset Value(s)

Finsbury Technology Trust PLC
17 July 2003

FINSBURY TECHNOLOGY TRUST PLC

NET ASSET VALUE

The estimated unaudited net asset value, calculated in accordance with the
guidelines of the Association of Investment Trust Companies, for Finsbury
Technology Trust PLC at the close of business on 16 July 2003 was 222.79p (ex
income).

For and on behalf of the Board

Close Finsbury Asset Management Limited

Secretary

17 July 2003


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