Net Asset Value(s)

The following Net Asset Values (NAV) for The Throgmorton Trust PLC are released
by AXA Framlington Investment Management Limited as at 19 September 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 191.59p
                                                                               
at Bid valuation - Prior charges at par                                 188.70p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              184.98p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              182.10p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £371,289,319
revenue)