RNS Number:1340T
Intl. Biotechnology Trust PLC
11 December 2003

FOR IMMEDIATE RELEASE  10-Dec-03


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 9th December 2003 was 107.88 pence.





By Order of the Board

Schroder Investment Management Limited

Secretaries



Enquiries :

International Biotechnology Trust plc   Stephen Cunningham 020 7658 3287


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            The company news service from the London Stock Exchange
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