Net Asset Value(s)

The following Net Asset Value (NAV) for The Throgmorton Trust PLC is released
by AXA Framlington Investment Management Limited as at 26 April 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 207.25p
                                                                               
at Bid valuation - Prior charges at par                                 204.42p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              200.25p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              197.42p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £402,383,434
revenue)