Directorate Change

10 July 2014

                         THE BIOTECH GROWTH TRUST PLC                          

                                (the "Company")                                

                         Notification of Board Changes                         

Following the retirement from the Board of Dr John Gordon the Company hereby
announces that Mr Andrew Joy has become the Senior Independent Director and
Chairman of the Remuneration Committee with immediate effect.

- ENDS-

For further information please contact:

Victoria Hale                                                                  
Frostrow Capital LLP
020 3 170 8732