Re-Issue of Treasury Stock

Allianz Technology Trust plc (the "Company")

LEI: 549300OMDPMJU23SSH75

21 February 2018

The Company announces that on 21 February 2018 it issued, from the Ordinary Shares held in treasury, 30,000 Ordinary Shares of 25p per share at a price of 1224.77p per share (representing 0.11% of the issued Ordinary Shares).

Following the issue from treasury of the 30,000 Ordinary Shares, the total number of Ordinary Shares held by the Company in treasury will be 1,033,453. The issued share capital of the Company, less the total number of Ordinary Shares held in treasury, will be 27,269,427 Ordinary Shares.

Enquiries:

Eleanor Emuss

Company Secretary

Tel: 020 3246 7405

21 February 2018