Net Asset Value(s)

THE BIOTECH GROWTH TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance
with the guidelines of the Association of Investment Companies, for The Biotech
Growth Trust PLC at the close of business on 10 March 2016 was 618.04p (ex &
cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

11 March 2016