Directorate Change

12 July 2012

                         THE BIOTECH GROWTH TRUST PLC                          

                                (the "Company")                                

Notification of Board changes and Directors' details

The Company hereby announces that John Richard Sclater, CVO retired as a
non-executive Director and Chairman of the Company on 12 July 2012.

There is no further information to be disclosed under Listing Rule 9.6.11R to
9.6.15G.

- ENDS-

For further information please contact:

Mark Pope                                                                      

Frostrow Capital LLP

020 3 008 4913