Statement Re Inside Information

The Biotech Growth Trust PLC

3 October 2016

Compliance with Market Abuse Regulation – Statement Re Inside Information

The Biotech Growth Trust PLC (the “Company”)

The Directors of the Company confirm that they are satisfied that all inside information known to the Directors and the Company, in the period leading up to the announcement of the Company's half year results for the six-month period to 30 September 2016, has previously been, and will continue to be, notified to a Regulated Information Service ("RIS") and therefore dealings by the Company in its own securities are permitted.

If, in the period leading up to the announcement of the half year results, the Directors of the Company come into possession of any inside information, this will be notified to a RIS before any such transactions are undertaken. 

The mandatory closed period under the Market Abuse Regulation will commence 30 days prior to the publishing of the half year results to 30 September 2016.  It is anticipated that the closed period will commence on 7 October 2016 until the half year results are published on 9 November 2016.

Frostrow Capital LLP

Company Secretary

3 October 2016