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 9 April 2020 was 984.15p (ex income) 985.32p (cum income).

For and on behalf of the Board


Frostrow Capital LLP

Secretary

14 April 2020