Net Asset Value(s)

Intl. Biotechnology Trust PLC
06 December 2005

FOR IMMEDIATE RELEASE               06-Dec-05



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 Wednesday 30th November 2005  was 121.69 pence.



By Order of the Board
Schroder Investment Management Limited
Secretaries




Enquiries :


International Biotechnology Trust plc    Anthony Carney       020 7658 2548






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