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 27 January 2014 was 501.35p (ex & cumincome).For and on behalf of the BoardFrostrow Capital LLPSecretary
28 January 2014