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 22 May 2008 was 104.77p (ex income).
For and on behalf of the Board
Frostrow Capital LLP
Secretary
23 May 2008
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