Net Asset Value(s)

Intl. Biotechnology Trust PLC
07 December 2005



FOR IMMEDIATE RELEASE              07-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 Tuesday 6th December 2005  was 121.99 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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