Net Asset Value(s)

Intl. Biotechnology Trust PLC
17 August 2006

          FOR IMMEDIATE RELEASE                     17-Aug-06

          To : The London Stock Exchange


International Biotechnology Trust plc

The Board of International Biotechnology Trust plc announces that the unaudited
net asset value per share as at Tuesday 15th August 2006  was 133.02 pence.


By Order of the Board
Schroder Investment Management Limited
Secretaries



Enquiries :
International Biotechnology Trust plc          Terry Croft       020 7658 3953


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