Holding(s) in Company

1.     Name of Company:             The Throgmorton Trust PLC                  
                                                                               
2.     Name of shareholder having a HBOS plc                                   
       major interest:                                                         
                                                                               
3      Name of the registered       HSDL Nominees Limited - 2 (0.00%)          
       holder(s) and, if more than  Morgan Stanley Quilter Nominees Ltd -      
       one holder, the number of    13,762 (0.006%)                            
       shares held by each of them: Morgan Stanley Quilter Nominees Ltd -      
                                    23,972 (0.010%)                            
                                    Morgan Stanley Quilter Nominees Ltd -      
                                    36,314 (0.016%)                            
                                    HSBC Global Custody Nominees (UK) Ltd      
                                    (EQINV) - 2,250,000 (0.975%)               
                                    HSBC Global Custody Nominees (UK) Ltd      
                                    (EQPEL) - 5,675,000 (2.459%)               
                                                                               
                                    Chase Nominees a/c CMIG (2314) - 5,675,000 
                                    (2.459%)                                   
                                    Nortrust Nominees Ltd (EW) - 18,008,750    
                                    (7.804%)                                   
                                                                               
                                    Total Holding - 31,682,800 (13.730%)       
                                                                               
4.     Number of shares acquired:   Not advised                                
                                                                               
5.     Percentage of issued class   Not advised                                
       acquired:                                                               
                                                                               
6.     Number of shares disposed:   Not advised                                
                                                                               
7.     Percentage of issued class   Not advised                                
       disposed:                                                               
                                                                               
8.     Class of security:           Ordinary shares of 5p each                 
                                                                               
9.     Date of transaction:         Not advised                                
                                                                               
10.    Date company informed:       30 April 2004                              
                                                                               
11.    Total holding following this 31,682,800                                 
       notification:                                                           
                                                                               
12.    Total percentage holding of  13.730%                                    
       issued class following this                                             
       notification:                                                           
                                                                               
13.    Any additional information:                                             
                                                                               
14.    Name of contact and          Eleanor Cranmer       020 7330 6680        
       telephone number for                                                    
       queries:                                                                
                                                                               
15.    Name of authorised company   Eleanor Cranmer                            
       official responsible for                                                
       making this notification:                                               
                                                                               
16.    Date of notification:        30 April 2004