Net Asset Value(s)

The following Net Asset Values (NAV) for The Throgmorton Trust PLC are released
by AXA Framlington Investment Management Limited as at 28 April 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 206.02p
                                                                               
at Bid valuation - Prior charges at par                                 203.58p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              199.07p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              196.63p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £400,196,704
revenue)