Net Asset Value(s)

Schroder Split Investment Fund PLC
26 August 2005
          


          FOR IMMEDIATE RELEASE                           26-Aug-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 23rd August 2005  was 118.45 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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