Holding(s) in Company

Polar Capital Technology Trust PLC
13 March 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. 


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

An acquisition or disposal of voting rights: ( )


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) : (X)


Initial disclosure. 


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):


28 February 2007


6. Date on which issuer notified:


6 March 2007.


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


4%


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

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

                                                    6,546,254           4.68%

                                                    
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

6,546,254                                    4.68%



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 the Nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited. 


Proxy Voting:


10. Name of the proxy holder:


N/A


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


N/A


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


N/A


13. Additional information:


This is the initial disclosure made by Rensburg Sheppards Investment
Management Limited based on Nominee holdings in accordance with DTR 5.2.1 (F).
On an ongoing basis additional disclosures will be made as and when a notifiable
threshold is crossed.


14. Contact name:


Mike Rigby (Head of Compliance). 


15. Contact telephone number:


0113 259 5872.



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