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 January 2020 was 1006.22p (ex income) 1007.00p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

03 January 2020