Portfolio Company

Intl. Biotechnology Trust PLC
17 October 2005


                                                                 17 October 2005

                              Portfolio Company


International Biotechnology Trust plc is pleased to note that Genosis Plc, a
portfolio company focusing on male and female fertility products, has today
announced its intention to float on the AIM market of the London Stock Exchange.



Enquiries:

John Spedding
Schroder Investment Management Limited                 Tel: [phone]




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