Annual Report and Accounts

Intl. Biotechnology Trust PLC
31 May 2005


                                                                     31 May 2005


                        2005 INTERIM REPORT AND ACCOUNTS


The Company has submitted its Interim Report for the period ended 28 February
2005 to the UK Listing Authority. The Report will shortly be available for
inspection at the UK Listing Authority's Document Viewing Facility, which is
situated at:


Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS


Telephone number: 020 7676 1000



Enquiries:

John Spedding
Schroder Investment Management Limited                      Tel: [phone]







                      This information is provided by RNS
            The company news service from the London Stock Exchange