New Private Portfolio Co

Intl. Biotechnology Trust PLC
07 March 2008

                                                                    7 March 2008

                         NEW PRIVATE PORTFOLIO COMPANY




The Board of International Biotechnology Trust plc (the 'Company') notes that on
6 March 2008, the Company invested £0.25 million in Vantia Limited, a private
company based in Southampton, UK. Vantia is focused on the design and
development of drugs associated with protease inhibitors and peptidomimetics.





Enquiries:



Kate Bingham
SV Life Sciences Managers LLP
Investment Manager                       Tel: [phone]



Louise Richard
Schroder Investment Management Limited   Tel: [phone]




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