Net Asset Value(s)

Intl. Biotechnology Trust PLC
14 December 2006

          FOR IMMEDIATE RELEASE                                   14-Dec-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 Wednesday 13th December 2006  was 153.06 pence.


By Order of the Board
Schroder Investment Management Limited
Secretaries





Enquiries :


International Biotechnology Trust plc          Tina Watts          020 7658 3581


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