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 18 April 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 203.91p
                                                                               
at Bid valuation - Prior charges at par                                 201.25p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              196.76p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              194.10p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £396,423,361
revenue)