THE BIOTECH GROWTH TRUST PLCNET ASSET VALUEThe 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 3 January 2014 was 477.05p (ex & cumincome).For and on behalf of the BoardFrostrow Capital LLPSecretary
6 January 2014