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 2 October 2009 was:

136.72p Capital only
140.17p Including current Year Revenue


Notes:

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

2. Following the recent Tender Offer and Bonus Issue of Subscription Shares, 
the Company’s issued share capital now consists of 74,116,108 Ordinary Shares 
(excluding treasury shares), 7,400,000 shares held in treasury and 14,822,901 
Subscription Shares.

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