RNS Number:2437M
Intl. Biotechnology Trust PLC
12 June 2003

FOR IMMEDIATE RELEASE                                            12-Jun-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 10th June 2003 was 104.10 pence.







By Order of the Board

Schroder Investment Management Limited

Secretaries









Enquiries :

International Biotechnology Trust plc           Stephen Cunningham 020 7658 3287



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