Company Secretary Appointed

Intl. Biotechnology Trust PLC
24 November 2000



The Company announces that the situation of the Registered Office address of the
Company has changed to 31 Gresham Street, London, EC2V 7QA, with immediate
effect.  The Secretary of the Company has changed to Schroder Investment
Management Limited, also with immediate effect.


Enquiries:

John Spedding
Schroder Investment Management Limited                       020 7658 3206
Secretaries