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 3 February 2014 was 508.59p (ex & cum
income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

4 February 2014