Net Asset Value(s)

Intl. Biotechnology Trust PLC
23 February 2006

        
  FOR IMMEDIATE RELEASE                                   23-Feb-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 21st February 2006  was 143.43 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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