THE BIOTECH GROWTH TRUST PLC - Transaction in Own Shares

PR Newswire

                                                          For immediate release                                                                  14 March 2014                         THE BIOTECH GROWTH TRUST PLC                                (the "Company")                    MARKET PURCHASE OF COMPANY'S OWN SHARESNotification is given, pursuant to the authority granted at the Annual GeneralMeeting of the Company held on 9 July 2013 to make market purchases of theCompany's own shares up to an aggregate maximum of 10,212,888 that a markettotal of 352,309 Ordinary shares of 25p each in the capital of the Company werepurchased today by the Company at a price of 511.59p per share. These shareswill be held in treasury.Following this transaction and in conformity with the provisions of theTransparency Directive, the Company hereby notifies the market that theresultant number of Ordinary shares held by the Company in treasury is 662,309and the total number of Ordinary shares that the Company has in issue is68,886,347 so that the total number of voting rights in the Company followingthe repurchase is 68,224,038.The figure of 68,224,038 may be used by shareholders as the denominator for thecalculation by which they may determine if they are required to notify theirinterest in, or change to their interest in, the Company under the FCA'sDisclosure and Transparency Rules.For and on behalf ofFrostrow Capital LLPCompany SecretaryFor further information, please contact:Mark PopeFrostrow Capital LLP

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