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REG-Biotech Grw Tst PLC: Net Asset Value(s)

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 25 July 2022 was 935.35p
(cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

26 July 2022



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