Net Asset Value(s)

NET ASSET VALUE

THE THROGMORTON TRUST PLC

The unaudited net asset value for The Throgmorton Trust PLC at close of
business on 16 September 2009 was:

140.19p Capital only
143.57p Including current Year Revenue


Notes:

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

2. Following the recent tender offer, the Company now holds 8,200,000 shares in
treasury. The number of shares in issue (excluding treasury shares) is
82,351,197.

3. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.