Correction : Net Asset Value(s)

The earlier announcement released at 14.20 had the wrong date of 1 November
when it should have been 2 November 17.

THE BIOTECH GROWTH TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for The Biotech Growth Trust PLC at the close of business on 2 November 2017 was 825.04p (ex income) 825.19p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

2 November 2017