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 22 May 2008.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 175.61p
                                                                               
at Bid valuation - Prior charges at par                                 173.79p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              169.41p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              167.58p
Value                                                                          
                                                                               
Total Fund Value (at Bid valuation inc.                            £272,164,878
revenue)