Net Asset Value(s)

Intl. Biotechnology Trust PLC
19 March 2007

FOR IMMEDIATE RELEASE
19-Mar-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 Friday 16th March 2007 are as
follows:

            Ordinary share                          156.01p
            C Share                                 140.98p







By Order of the Board
Schroder Investment Management Limited
Secretaries





Enquiries :
International Biotechnology Trust plc
Tina Watts
020 7658 3581


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