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 05 May 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 209.97p
                                                                               
at Bid valuation - Prior charges at par                                 207.04p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              203.12p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              200.19p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £407,662,170
revenue)