Net Asset Value(s)

Finsbury Emerging Biotechnology Tst
17 October 2006



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 16 October 2006 was
117.77p (ex income).



For and on behalf of the Board

Close Finsbury Asset Management Limited

Secretary

17 October 2006




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