Transaction in Own Shares

Polar Capital Technology Trust PLC
04 January 2008


Polar Capital Technology Trust PLC

4 January 2008



Market Purchase of Company's Own Shares

Notification is given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 31 July 2007 to make market purchases of
the Company's own shares, market purchases of 500,000 ordinary shares of 25p
each in the capital of the Company was made on 4 January 2008 at a price of
202.4p per share.

The issued share capital of the company following this purchase and cancellation
and the figure to be used as the denominator for calculations of interests in
the company's voting rights is 134,683,914 shares.


For further information please contact:

B Rogoff
Telephone: [phone]






                      This information is provided by RNS
            The company news service from the London Stock Exchange