Portfolio Update

RNS Number : 9372Y

Intl. Biotechnology Trust PLC

14 September 2020

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

Portfolio Update

The Company notes the announcement made by Gilead Sciences, Inc. (NASDAQ: GILD) to acquire Immunomedics (NASDAQ: IMMU) on 13 September 2020. The Company held 316,000 shares in Immunomedics as at the market close on Friday 11 September 2020.

The August 2020 Factsheet released this morning reflected that the Company had owned 475,000 shares in Immunomedics as at 31 August 2020.

SV Health Managers LLP

Investment Manager

Tel: 020 7421 7070

Email: IBT-IR@svhealthinvestors.com

BNP Paribas Secretarial Services Limited

Company Secretary

Tel: 020 7410 5971

14 SEPTEMBER 2020

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