Net Asset Value(s)

NET ASSET VALUE

THE THROGMORTON TRUST PLC

Following developments in the US overnight and the closure of financial
exchanges due to Hurricane Sandy, the US equity exchanges were closed on 30
October 2012. Given that there are no official prices for many US traded
securities, today's NAV has been calculated using the closing bid market prices
of US listed securities on Friday, 26 October 2012.

The unaudited net asset values for The Throgmorton Trust PLC at close of
business 30 October 2012 were:

235.16p Capital only
237.61p Including current year revenue
235.16p Capital only (adjusted for treasury shares)
237.61p Including current year income (adjusted for treasury shares)

Notes:
1. Investments have been valued on a bid price basis.
2. The Company's issued share capital now comprises 73,130,326 Ordinary Shares
and 7,400,000 Treasury Shares.
3. Revenue items included in net asset value, with dividends payable deducted
on the ex-dividend date.