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 27 January 2006.

Ordinary NAV (Prior charges at PAR)                                   188.85p
                                                                             
Ordinary NAV (Prior charges at Market Value)                          181.29p

Total Fund Value (inc. revenue)                                  £377,095,021