Net Asset Value(s)

The following Net Asset Value (NAV) for The Throgmorton Trust PLC is released
by

AXA Framlington Investment Management Limited as at 24 February 2006.

Ordinary NAV (at Mid valuation - Prior charges                        196.32p
at PAR)                                                                      
                                                                             
Ordinary NAV (at Mid valuation - Prior charges                        188.75p
at Market Value)                                                             

Total Fund Value (inc. revenue)                                  £390,954,629