RNS Number:8843Q
Intl. Biotechnology Trust PLC
14 October 2003


                                                                 14 October 2003


                        2003 Annual Report and Accounts

International Biotechnology Trust plc has today submitted its 2003 Annual Report
and Accounts to the UK Listing Authority. The Report will shortly be available
for inspection at the UK Listing Authority's Document Viewing Facility, which is
situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Telephone number: 020 7676 1000



Enquiries:

John Spedding
Schroder Investment Management Limited          Tel: 020 7658 3206



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