Holding(s) in Company

Polar Capital Technology Trust PLC
16 July 2007


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Polar Capital Technology Trust plc


2. Reason for the notification (place an X inside the appropriate bracket/s)

An acquisition or disposal of voting rights: ( X )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )


An event changing the breakdown of voting rights: ( )


Other (please specify) : ( )

.................


3. Full name of person(s) subject to the notification obligation:

Rensburg Sheppards Investment Management Limited


4. Full name of shareholder(s) (if different from 3.) :

N/A


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

11 JULY 2007


6. Date on which issuer notified:

12 JULY 2007


7. Threshold(s) that is/are crossed or reached:

5%


8. Notified details:

NOMINEE HOLDINGS


A: Voting rights attached to shares

Class/type of shares if possible using     Situation previous to the Triggering
the ISIN CODE                                          transaction
                                          Number of       Number of voting
                                          shares          Rights

ORDINARY SHARES                           6546254         6546254
GB0004220025                                                           


                                   Resulting situation after the triggering
                                   transaction
Class/type of shares if possible   Number of   Number of voting  % of voting
using the ISIN CODE                shares      rights            rights

                                   Direct      Direct Indirect   Direct Indirect

ORDINARY SHARES                                       7168186           5.16%
GB0004220025                                          


B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   Date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights





Total (A+B)
Number of voting rights                      % of voting rights
7168186                                      5.16%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Client holdings registered in the name of nominee companies 100% owned by
Rensburg Shepperds Investment Management Limited.


Proxy Voting:


10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:


None


14. Contact name:


Neil Taylor


15. Contact telephone number:


020 7227 2700



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