Net Asset Value(s)

Intl. Biotechnology Trust PLC
21 February 2007

FOR IMMEDIATE RELEASE

21-Feb-07



To : The London Stock Exchange


International Biotechnology Trust plc


The Board of International Biotechnology Trust plc announces that the unaudited
net asset value for each class of shares as at Friday16th February 2007 are as
follows:


Ordinary share                                      161.95p
C Share                                             147.28p





By Order of the Board
Schroder Investment Management Limited
Secretaries





Enquiries :

International Biotechnology Trust plc
Tina Watts
020 7658 3581





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