THE BIOTECH GROWTH TRUST PLC 

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for The Biotech Growth Trust PLC at the close of business on 19 March 2020 was 886.56p (ex income) 887.87p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

20 March 2020

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