Net Asset Value(s)

Intl. Biotechnology Trust PLC
28 September 2006

          FOR IMMEDIATE RELEASE             28-Sep-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 26th September 2006  was 140.18 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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