RNS Number:1160N
Intl. Biotechnology Trust PLC
03 July 2003


FOR IMMEDIATE RELEASE    03-Jul-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 1st July 2003 was 104.35 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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