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 20 December 2021 was 1183.53p (ex income) 1183.71p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

21 December 2021