Net Asset Value(s)

Intl. Biotechnology Trust PLC
15 January 2007

FOR IMMEDIATE RELEASE

15-Jan-07


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 Wednesday 10th January 2007 was 155.88 pence.





By Order of the Board

Schroder Investment Management Limited

Secretaries



Enquiries :

International Biotechnology Trust plc

Tina Watts

020 7658 3581



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