RNS Number:4503R
Intl. Biotechnology Trust PLC
29 October 2003

FOR IMMEDIATE RELEASE                              29-Oct-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 28th October 2003 was 112.70 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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