IBT International Biotechnology Trust Plc

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

Second interim dividend

 for the year ending 31 August 2024

At the Annual General Meeting of International Biotechnology Trust plc (the "Company") held on 12 December 2023, shareholders approved the Company's dividend policy of making dividend payments, equivalent to 4% of the Company's net asset value as at the last day of the preceding financial year (31 August 2023), through two equal semi-annual distributions.  In accordance with this policy, the first interim dividend for the period ending 31 August 2024 was paid on 26 January 2024.

The Directors have today declared the payment of a second interim dividend of 14.5 pence per ordinary share for the year ending 31 August 2024.

Enquiries:                                                                 

Kerry Higgins

Schroder Investment Management Limited

Tel: 020 7658 6189