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 4 February 2020 was 1048.80p (ex income) 1049.46p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

05 February 2020