Re Sunesis Pharmaceuticals

Intl. Biotechnology Trust PLC
24 December 2004

          FOR IMMEDIATE RELEASE     24-Dec-04

          To : The London Stock Exchange

International Biotechnology Trust plc

Sunesis Pharmaceuticals Inc.

International Biotechnology Trust plc is pleased to note that Sunesis
Pharmaceutical Inc. filed an S-1 registration statement with the SEC on 
23 December 2004.


By Order of the Board
Schroder Investment Management Limited
Secretaries


Enquiries :

International Biotechnology Trust plc      Anthony Carney       020 7658 2548


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