Net Asset Value(s)

Finsbury Technology Trust PLC
04 January 2005

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 31 December 2004 was 230.71p
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

4 January 2005


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