Net Asset Value(s)

Intl. Biotechnology Trust PLC
23 February 2007

FOR IMMEDIATE RELEASE

23-Feb-07



To : The London Stock Exchange

International Biotechnology Trust plc


The Board of International Biotechnology Trust plc announces that the unaudited
net asset value for each class of shares as at Wednesday 21st February 2007 are
as follows:


Ordinary share                              163.26p
C Share                                     147.56p


By Order of the Board
Schroder Investment Management Limited
Secretaries



Enquiries :
International Biotechnology Trust plc
Tina Watts
020 7658 3581


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