Net Asset Value(s)

Intl. Biotechnology Trust PLC
06 July 2006

          FOR IMMEDIATE RELEASE                  06-Jul-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 4th July 2006  was 140.59 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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