Holding(s) in Company

Polar Capital Technology Trust PLC
29 April 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Polar Capital Technology Trust PLC


2. Name of shareholder having a major interest

HBOS PLC


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

Pershing Keen Nominees    AD0178           1,239   Shares
Pershing Keen Nominees    PA0590          17,011   Shares
Pershing Keen Nominees    PP2200          4,000    Shares
Pershing Keen Nominees    PP2808          1,800    Shares
Pershing Keen Nominees    PQ0487         1,585     Shares
Pershing Keen Nominees    PQ0968         2,163     Shares
Pershing Keen Nominees    PQ0971         10,838    Shares
Pershing Keen Nominees    PQ1110         7,762     Shares
Pershing Keen Nominees    PQ1130         11,843    Shares
Pershing Keen Nominees    PQ1187         1,746     Shares
Pershing Keen Nominees    PQ1624         2,315     Shares
Pershing Keen Nominees    PQ1661         1,500     Shares
Pershing Keen Nominees    PQ1712         1,834     Shares
Pershing Keen Nominees    PQ1800         917       Shares
Pershing Keen Nominees    PQ1829         503       Shares
Pershing Keen Nominees    PQ1902         1,497     Shares
Pershing Keen Nominees    PQ2019         3,692     Shares
JP Morgan Bank Luxembourg UKTRAO         4,450     Shares
Chase Nominess Ltd A/C CMIG MAIN         5,454,628 Shares


5. Number of shares / amount of stock acquired


6. Percentage of issued class


7. Number of shares / amount of stock disposed


8. Percentage of issued class


9. Class of security

Ordinary Shares


10. Date of transaction


11. Date company informed

28 April 2003


12. Total holding following this notification

5,531,323


13. Total percentage holding of issued class following this notification

3.71%


14. Any additional information




15. Name of contact and telephone number for queries

Neil Taylor 020 7592 1500


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

Neil Taylor


Date of notification

29 April 2003


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