Net Asset Value(s)

Intl. Biotechnology Trust PLC
17 April 2007





                     International Biotechnology Trust plc




The Board of International Biotechnology Trust plc announces that the unaudited
net asset value, including the deficit on the current year revenue account for
each class of share as at Monday 16th April 2007 are as follows:

          Ordinary share    164.84p

          C Share           147.57p



                             By Order of the Board

                     Schroder Investment Management Limited

                               Company Secretary



Enquiries :

International Biotechnology Trust plc          Tina Watts      020 7658 3581


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