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 April 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 206.27p
                                                                               
at Bid valuation - Prior charges at par                                 203.76p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              199.35p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              196.84p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £400,633,371
revenue)