Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS

1. Name of Issuer

The Throgmorton Trust PLC

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.2R; or (ii) a disclosure made in accordance with LR
9.8.6R(1); or a disclosure made in accordance with section 793 of the Companies
Act 2006.

Disclosure in accordance with (i) above

3. Name of person discharging managerial responsibilities/director.

Simon Beart (and Susan Beart)

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected persons.

Notification re director named in 3

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest.

Holding of the director referred to in 3 (and his spouse)

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares.

Subscription shares of £0.01

7. Name of registered shareholder(s) and, if more than one, the number of
shares held by each of them.

Nutraco Nominees

8. State the nature of the transaction.

As a result of the Director not exercising 2,715 subscription share rights as
at 31 October 2011, the final subscription date, the trustee appointed by the
Company in accordance with the terms and conditions of the subscription shares
has exercised the rights attached to his 2,715 unexercised subscription shares
on the terms on which the same could have been exercised on the final
subscription date and sold in the market the ordinary shares resulting from
such exercise. In accordance with the terms and conditions of the subscription
shares, net proceeds of the sale (after deduction of costs) over the
subscription price of 146 pence will be returned to the director by December
2011.

9. Number of shares, debentures or financial instruments

2,715 subscription shares rights

10. Percentage of issued class (treasury shares of that class should not be
taken into account when calculation percentage).

n/a

11. Number of shares, debentures or financial instruments relating to shares
disposed.

n/a

12. Percentage of issued class disposed (treasury shares or that class should
not be taken into account when calculation percentage).

n/a

13. Price per share or value of transaction.

£0.11017 (Simon Beart)

14. Date and place of transaction.

8 November 2011, London

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage).

21,539 (0.029%) Ordinary shares of 5p each (Simon Beart)
5,072 (0.007%) Ordinary shares of 5p each (Susan Beart)

16. Date issuer informed of transaction.

8 November 2011

17. Date of grant.

N/A

18. Period during which or date on which it can be exercised.

N/A

19. Total amount paid (if any) for grant of the option.

N/A

20. Description of shares or debentures involved (class and number).

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of the exercise.

N/A

22. Total number of shares or debentures over which option held following
notification.

N/A

23. Any additional information.

N/A

24. Name of contact and telephone number for queries.

Mrs K V Higgins
Company Secretary
BlackRock Investment Management (UK) Limited
Tel: [phone]

Date: 8 November 2011