Annual Information Update

Finsbury Emerging Biotechnology Tst
27 June 2006

                                                                    27 June 2006

                   FINSBURY EMERGING BIOTECHNOLOGY TRUST PLC
                                (the "Company")

                           ANNUAL INFORMATION UPDATE
                 For the 12 months ending Tuesday, 27 June 2006

In accordance with the Prospectus Rule 5.2, the Company hereby announces that
the following summaries have been made available to the public within the 12
months ending on 27 June 2006.

In respect of Article 27.3 of the Prospectus Directive, the Company confirms
that the information relating to the Company referred to below was at the time
of publication accurate and up-to-date, it is acknowledged however that some
information may have since been superseded and therefore be out-of-date at the
time of this Annual Information Update.

Date of Publication   Summary Description                                 Method of Publication

21 June 2006          Holdings in Company                                 RNS
19 June 2006          Annual Report & Accounts to 31 March 2006           Post and Website
16 June 2006          Directors' Details                                  RNS
15 June 2006          Director/PDMR Shareholding                          RNS
15 June 2006          Director/PDMR Shareholding                          RNS
15 June 2006          Director/PDMR Shareholding                          RNS
6 June 2006           Final Results                                       RNS
2 June 2006           Holdings in Company                                 RNS
1 June 2006           Holdings in Company                                 RNS
1 June 2006           Holdings in Company                                 RNS
1 June 2006           Holdings in Company                                 RNS
24 May 2006           EGM, Placing and Offer Results                      RNS
2 May 2006            Issue of Equity                                     RNS
12 April 2006         Appointment of Director                             Companies House
12 April 2006         Director/PDMR Shareholding                          RNS
12 April 2006         Director/PDMR Shareholding                          RNS
6 April 2006          Director/PDMR Shareholding                          RNS
4 April 2006          Portfolio Update                                    RNS
27 March 2006         Directorate Change                                  RNS
10 March 2006         Potential Share Issue                               RNS
24 February 2006      Issue of Equity                                     RNS
4 January 2006        Portfolio Update                                    RNS
8 December 2005       Holdings in Company                                 RNS
5 December 2005       Director/PDMR Shareholding                          RNS
30 November 2005      Interim Results                                     RNS
21 November 2005      Director Declaration                                RNS
7 November 2005       Director Declaration                                RNS
10 October 2005       Holdings in Company                                 RNS
10 October 2005       Holdings in Company                                 RNS
4 October 2005        Portfolio Update                                    RNS
25 August 2005        Director/PDMR Shareholding                          RNS
3 August 2005         AGM Special Business Resolutions                    Companies House
3 August 2005         Annual Report & Accounts 31 March 2005              Companies House
27 July 2005          Director/PDMR Shareholding                          RNS
26 July 2005          AGM Statement                                       RNS
5 July 2005           Portfolio Update                                    RNS
28 June 2005          Director Shareholding                               RNS
22 June 2005          Annual Return                                       Companies House
10 June 2005          Final Results                                       RNS
2 June 2005           Memorandum & Articles of Association                Companies House
25 May 2005           EGM Special Business Resolutions                    Companies House
25 May 2005           Memorandum & Articles of Association                Companies House
25 May 2005           EGM Special Business Resolutions                    Companies House
24 May 2005           Transaction in Own Shares                           Companies House
20 May 2005           Change of Name                                      RNS
19 May 2005           Change of Name                                      Companies House
19 May 2005           Results of EGM                                      RNS
13 May 2005           Transaction in Own Shares                           Companies House
5 May 2005            Transaction in Own Shares                           Companies House
3 May 2005            Holdings in Company                                 RNS
27 April 2005         Transaction in Own Shares                           RNS
26 April 2005         Posting of Circular                                 RNS
13 April 2005         Holdings in Company                                 RNS
12 April 2005         Holdings in Company                                 RNS
12 April 2005         Holdings in Company                                 RNS
8 April 2005          Transaction in Own Shares                           RNS
8 April 2005          Holdings in Company                                 RNS
8 April 2005          Holdings in Company                                 RNS
8 April 2005          Holdings in Company                                 RNS
8 April 2005          Holdings in Company                                 RNS
7 April 2005          Transaction in Own Shares                           RNS
7 April 2005          Policy and Adviser Changes                          RNS
4 April 2005          Portfolio Update                                    RNS

In addition to the above items, the Company announces its net asset value on a
daily basis via RNS.


RNS

The information detailed above publicised via method RNS, the Company's
preferred Regulatory Information Service, may be obtained from the Regulatory
News Service provided by the London Stock Exchange at
www.londonstockexchange.co.uk/marketnews.


Companies House

The information detailed above publicised via method Companies House, may be
obtained from Companies House, Crown Way, Cardiff CF14 3UZ, or via Companies
House Direct at www.direct.companieshouse.gov.uk.


Close Finsbury Asset Management Limited (Close Finsbury)

Close Finsbury is the appointed Corporate Company Secretary of the Company; as
such copies of all of the above publications can be obtained or viewed on
request to the Company Secretary, Finsbury Emerging Biotechnology Trust PLC, 10
Crown Place, London, EC2A 4FT.

Close Finsbury manages a website www.closefinsbury.com where information,
including copies of the Interim and Annual Reports and a monthly factsheet, of
the Company may also be viewed or downloaded.


Further information may be obtained from:

Tracey Lago                                                  Tel. [phone]
Company Secretary                                            Fax. [phone]
Close Finsbury Asset Management Limited


                      This information is provided by RNS
            The company news service from the London Stock Exchange