ASI Asia Capital

RNS Number:4212T
Asian Technology Trust  PLC
1 November 2000


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
THE ASIAN TECHN0LOGY TRUST PLC

2   Name of director:
ANDREW MARTIN SMITH

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
Holding in name of above

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Vidacos Nominees Limited

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
Notification in respect of Mr Martin Smith

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Market purchase of Ordinary shares

7   Number of shares/amount of stock acquired:
50,000

8   Percentage of issued class:
0.23%

9   Number of shares/amount of stock disposed:
NIL

10  Percentage of issued class:
NIL

11  Class of security:
Ordinary shares of US$0.10 each

12  Price per share:
25p

13  Date of transaction:
1 November 2000

14  Date company informed:
1 November 2000

15  Total holding following this notification:
152,500 US$0.10 Ord shares and 78,500 Warrants to subscribe US$0.10 Ord shares

16  Total percentage holding of issued class following this notification:
0.230%: ordinary shares      0.593%: Warrants

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
n/a

18  Period during which or date on which exercisable:
n/a

19  Total amount paid (if any) for grant of the option:
n/a

20  Description of shares or debentures involved: class, number:
n/a

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
n/a

22  Total number of shares or debentures over which options held following
this notification:
n/a

23  Contact name for queries:
Christopher Wise

24  Contact telephone number:
020 7597 1843

25  Name of company official responsible for making notification:
Christopher Wise


Additional Information:
Mr Martin Smith's interests in The Asian Technology Trust PLC are now held as
follows:

Shares            Warrants
------            --------
100,000           50,000        A E Martin Smith
 20,000              nil        A E Martin Smith pension fund
 12,500           12,500        A E Martin Smith, a/c D Martin Smith
 15,000           15,000        A E Martin Smith, a/c H & R Martin Smith
  5,000            1,000        Mrs J A Martin Smith
-------           ------
152,500           78,500
=======           ======   

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