Net Asset Value(s)

Intl. Biotechnology Trust PLC
16 February 2006


          FOR IMMEDIATE RELEASE                16-Feb-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 14th February 2006  was 145.27 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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