Net Asset Value(s)

Intl. Biotechnology Trust PLC
17 January 2007

FOR IMMEDIATE RELEASE

17-Jan-07

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 15th January 2007 was 156.08 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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