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BIOTECH

Net Asset Value • Mar 14, 2014

9301_rns_2014-03-14_ad30aa7e-71ca-45ec-ba14-756c165d36b0.html

Net Asset Value

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THE BIOTECH GROWTH TRUST PLC - Net Asset Value(s)

PR Newswire

London, March 14

THE BIOTECH GROWTH TRUST PLCNET ASSET VALUEUndilutedThe estimated un-audited net asset value, calculated in accordance with theguidelines of the Association of Investment Companies, for The Biotech GrowthTrust PLC at the close of business on 13 March 2014 was 547.80p (ex & cumincome).DilutedThe estimated un-audited net asset value, assuming the re-issue of all of the310,000 shares currently held in treasury, at the closing mid-market price on13 March 2014, was 547.68p (ex & cum income).For and on behalf of the BoardFrostrow Capital LLPSecretary

14 March 2014