Net Asset Value(s)

FINSBURY EMERGING BIOTECHNOLOGY TRUST PLC NET ASSET VALUE The estimated unaudited net asset value, calculated in accordance with the guidelines of the Association of Investment Trust Companies, for Finsbury Emerging Biotechnology Trust PLC at the close of business on 14 November 2006 was 121.72p (ex income). For and on behalf of the Board Close Finsbury Asset Management Limited Secretary 15 November 2006
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