RNS Number:6843O
Intl. Biotechnology Trust PLC
14 August 2003


FOR IMMEDIATE RELEASE                      14-Aug-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 12th August 2003 was 106.26 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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