Net Asset Value(s)

Intl. Biotechnology Trust PLC
26 April 2006

          FOR IMMEDIATE RELEASE                    26-Apr-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 Tuesday 25th April 2006  was 142.29 pence.


By Order of the Board
Schroder Investment Management Limited
Secretaries


Enquiries :

International Biotechnology Trust plc           Terry Croft       020 7658 3953





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