Net Asset Value(s)

Intl. Biotechnology Trust PLC
12 December 2006

          FOR IMMEDIATE RELEASE             12-Dec-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 Monday 11th December 2006  was 153.89 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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