RNS Number:8361S
Intl. Biotechnology Trust PLC
03 December 2003

FOR IMMEDIATE RELEASE                              03-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 Friday 28th November 2003 was 108.60 pence.


The unaudited net assets at 28th November 2003 was #51.9 million which includes
unquoted investments valued at #19.6 million.





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

NAVUUGUAPUPWGQW