Net Asset Value(s)

THE THROGMORTON TRUST PLC

The unaudited net asset value for The Throgmorton Trust PLC at close of
business on 30 June 2008 was:

161.32p (capital only and including debt at par value)

155.55p (capital only and including debt at fair value)

162.94p (including current year income and debt at par value)

157.18p (including current year income and debt at fair value)

Notes:

1. Investments have been valued on a bid price basis.