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 26 February 2007.

Ordinary NAV (Restated for changes in UK                                       
accounting standards)                                                          
                                                                               
at Mid valuation - Prior charges at par                                 232.30p
                                                                               
at Bid valuation - Prior charges at par                                 229.61p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              225.44p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              222.76p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £401,174,761
revenue)