Net Asset Value(s)

Intl. Biotechnology Trust PLC
08 September 2005

    FOR IMMEDIATE RELEASE                                 08-Sep-05



    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 6th September 2005 was 120.98 pence.




By Order of the Board
Schroder Investment Management Limited
Secretaries








Enquiries :
International Biotechnology Trust plc         Anthony Carney       020 7658 2548






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