Net Asset Value(s)

Intl. Biotechnology Trust PLC
04 January 2007

FOR IMMEDIATE RELEASE

04-Jan-07





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 31st December 2006  was 155.24 pence.




By Order of the Board
Schroder Investment Management Limited


Secretaries


Enquiries :

International Biotechnology Trust plc
Tina Watts
020 7658 3581





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