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 27 January 2022 was 908.36p (ex income) 908.36p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

28 January 2022