Net Asset Value(s)

Intl. Biotechnology Trust PLC
25 January 2007

          FOR IMMEDIATE RELEASE                    25-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 Monday 22nd January 2007  was 156.47 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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