RNS Number:1379O
Intl. Biotechnology Trust PLC
30 July 2003

FOR IMMEDIATE RELEASE                              30-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 29th July 2003 was 107.48 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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