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 18 July 2008 was 114.74p (ex and cum
income).
For and on behalf of the Board
Frostrow Capital LLP
Secretary
21 July 2008
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