Let any point on circle be (rcosθ,rsinθ)
Then equation of chord of contact is
xa2rcosθ−yb2rsinθ=1 ....(i)
Let mid point of chord of contact is (h,k)
Then equation of chord of contact is
hxa2−kyb2=h2a2−k2b2 .....(ii)
On comparing (i) & (ii)
rcosθh=rsinθk=1h2a2−k2b2
On solving we get required locus i.e.
(x2a2−y2b2)2=x2+y2r2