Net Asset Value(s)

Finsbury Technology Trust PLC
02 August 2004

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 30 July 2004 was 203.78p after
taking account of all income and providing for all expenses of the company,
including the annual management fee and any performance fee accruing in
accordance with the investment management agreement.

For and on behalf of the Board

Close Finsbury Asset Management Limited

Secretary

2 August 2004


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