Polar Capital Regulatory News (POLR)

TR-1: Notifications 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 Holdings Plc

2. Reason for notification (yes/no)

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

Yes

An event changing the breakdown of voting rights

Other (please specify):

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

T J Woolley

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

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

27 June 2011

6. Date on which issuer notified:

27 June 2011

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

Percentage threshold crossed

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Ordinary

GB00B1GCLT25

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

7,000,000

Number of voting rights

7,000,000

Number of shares

7,000,000

Number of voting rights

Percentage of voting rights

Direct

7,000,000

Indirect

Direct

9.24%

Indirect

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Share option over 1,000,000 ordinary shares of 2,5p each in the share capital of Polar Capital Holdings plc

Share option over 600,000 ordinary shares of 2,5p each in the share capital of Polar Capital Holdings plc

20 December 2020

27 June 2011

One third vest on each of the following dates, 31 March 2012, 31 March 2013 and 31 March 2014 and may be exercised thereafter.

Vests on 27 June 2015 may be exercised thereafter.

1,000,000

600,000

2.11%

Total (A+B)

Number of voting rights

Percentage of voting rights

8,600,000

11.35%

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

None

Proxy Voting:

10. Name of 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:

Decrease in interest resulted from allotment of new shares

14 Contact name:

15. Contact telephone name: