Net Asset Value(s)

Intl. Biotechnology Trust PLC
04 September 2006


          FOR IMMEDIATE RELEASE                                     04-Sep-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 Thursday 31st August 2006  was 142.48 pence.






By Order of the Board
Schroder Investment Management Limited
Secretaries




Enquiries :
International Biotechnology Trust plc         Terry Croft       020 7658 3953





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