RNS Number:9743T
Intl. Biotechnology Trust PLC
07 January 2004

FOR IMMEDIATE RELEASE                                                  07-Jan-04




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 6th January 2004 was 110.79 pence.


By Order of the Board

Schroder Investment Management Limited

Secretaries



Enquiries :

International Biotechnology Trust plc        Stephen Cunningham 020 7658 3287


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

NAVUUUAAGUPCGQM