RNS Number:0882P
Intl. Biotechnology Trust PLC
27 August 2003


FOR IMMEDIATE RELEASE                                                  27-Aug-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 26th August 2003 was 111.08 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
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