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 2 July 2018 was 830.82p (ex income) 832.07p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

03 July 2018