RNS Number:6787N
Intl. Biotechnology Trust PLC
17 July 2003


FOR IMMEDIATE RELEASE                                                  17-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 15th July 2003 was 110.11 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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