AGM Statement

Intl. Biotechnology Trust PLC
10 November 2006
                                                                10 November 2006


                             Annual General Meeting

International Biotechnology Trust plc (the 'Company') announces that at the
Annual General Meeting of the Company, held at 31 Gresham Street, London, EC2V
7QA, at 12.00 noon on Friday, 10 November 2006, Resolutions numbered 1 to 9, as
set out in the Notice of Meeting, were duly passed.
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Enquiries:

John Spedding
Schroder Investment Management Limited              020 7658 3206


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