Net Asset Value(s)

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 6 May 2008 was 106.82p (ex income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

7 May 2008