Potential Share Issue

Finsbury Emerging Biotechnology Tst
10 March 2006



FINSBURY EMERGING BIOTECHNOLOGY TRUST PLC



POTENTIAL SHARE ISSUE



10 March 2006





In light of the strong performance in terms of net asset value and share price
delivered since the Company's adoption of a global emerging biotechnology
mandate in May 2005 and the encouraging outlook for biotechnology companies, the
Company is exploring whether it can expand its size, thereby reducing the total
expense ratio and improving the liquidity in its shares.  Any fund raising would
not be dilutive to existing holders' interests and would provide for
participation by existing holders.  The Company will make further announcements
in due course after test marketing has been conducted.





Enquiries:



Alastair Smith
Close Finsbury Asset Management
Tel. [phone]



Nathan Brown
Winterflood Investment Trusts
Tel. [phone]


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