Net Asset Value(s)

FINSBURY EMERGING BIOTECHNOLOGY TRUST PLC NET ASSET VALUE The estimated unaudited net asset value, calculated in accordance with the guidelines of the Association of Investment Companies, for Finsbury Emerging Biotechnology Trust PLC at the close of business on 21 December 2006 was 112.80p (ex income). For and on behalf of the Board Close Investments Limited Secretary 22 December 2006
UK 100

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