Net Asset Value(s)

Intl. Biotechnology Trust PLC
03 May 2006


          FOR IMMEDIATE RELEASE                            03-Apr-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 Friday 28th April 2006  was 140.16 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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