Net Asset Value(s)

Intl. Biotechnology Trust PLC
16 March 2006



          FOR IMMEDIATE RELEASE                          16-Mar-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 14th March 2006  was 149.52 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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