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 27 September 2006.

Ordinary NAV (Restated for changes in UK                                       
accounting standards)                                                          
                                                                               
at Mid valuation - Prior charges at par                                 191.54p
                                                                               
at Bid valuation - Prior charges at par                                 188.62p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              184.53p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              181.60p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £362,406,208
revenue)