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 28 December 2011 was 207.84p (ex and cum income). For and on behalf of the Board Frostrow Capital LLP Secretary 29 December 2011
Investor Meets Company
UK 100