Correction : Net Asset Value(s)

Incorrect date released, the NAV released was for the 4th of November 2008 and not the 5th of November as stated on the announcement. THE BIOTECH GROWTH TRUST PLC NET ASSET VALUE The estimated un-audited net asset value, calculated in accordance with the guidelines of the Association of Investment Companies, for The Biotech Growth Trust PLC at the close of business on 4 November 2008 was 125.61p (ex and cum income). For and on behalf of the Board Frostrow Capital LLP Secretary 6 November 2008
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