RNS Number:6354L
Intl. Biotechnology Trust PLC
28 May 2003

FOR IMMEDIATE RELEASE                                   28-May-03


To : The London Stock Exchange

International Biotechnology Trust plc

The Board of the International Biotechnology Trust plc announces that the
unaudited net asset value per share as at Tuesday 27th May 2003 was 99.29 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

NAVPUURCAUPWGAR