THE BIOTECH GROWTH TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for The Biotech Growth Trust PLC at the close of business on 7 January 2022 was 1089.26p (ex income) 1089.34p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

10 January 2022

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