Net Asset Value(s)

Intl. Biotechnology Trust PLC
26 October 2006




FOR IMMEDIATE RELEASE                                                 26-Oct-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 24th October 2006  was 157.09 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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