Net Asset Value(s)

Intl. Biotechnology Trust PLC
19 December 2006

FOR IMMEDIATE RELEASE                       19-Dec-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 Monday 18th December 2006  was 152.80 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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