Net Asset Value(s) - Replace

Intl. Biotechnology Trust PLC
26 March 2007

Please note this press release replaces RNS No 5862T replacing the C shares net
asset value per share figure



FOR IMMEDIATE RELEASE
26-Mar-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 March 2007 are as
follows:


            Ordinary share                         157.08p

            C Share                                142.81p



By Order of the Board
Schroder Investment Management Limited
Secretaries




Enquiries :
International Biotechnology Trust plc
Tina Watts
020 7658 3581


                      This information is provided by RNS
            The company news service from the London Stock Exchange