Net Asset Value(s)

THE BIOTECH GROWTH TRUST PLC

Legal Entity Identifier 549300Z41EP32MI2DN29

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 22 February 2017 was 794.57p (ex income) 796.04p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

23 February 2017