Result of EGM

Intl. Biotechnology Trust PLC
29 August 2001


29 August 2001

                    International Biotechnology Trust Plc

International Biotechnology Trust plc announces that at the Extraordinary
General Meeting, held at 31 Gresham Street, London, EC2V 7QA on Tuesday 28
August 2001, the special resolutions numbered 1 and 2 as set out in the Notice
of Meeting contained within the Circular dated 3 August 2001 were duly passed.


Enquiries:

John Spedding

Schroder Investment Management Limited                     020 7658 3206

Secretaries