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

Yes

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 notification obligation:

Philip Hardy

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):

3 March 2010

6. Date on which issuer notified:

4 March 2010

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

3,802,374

Number of voting rights

3,802,374

Number of shares

5,231,963

Number of voting rights

Percentage of voting rights

Direct

5,231,963

Indirect

Direct

6.97%

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

Total (A+B)

Number of voting rights

Percentage of voting rights

5,231,963

6.97%

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:

Increased interest due to the allotment of shares resulting from a crystallising event

14 Contact name:

N P Taylor

15. Contact telephone name:

020 7227 2700