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 September 2006.

Ordinary NAV (Restated for changes in UK                                       
accounting standards)                                                          
                                                                               
at Mid valuation - Prior charges at par                                 193.25p
                                                                               
at Bid valuation - Prior charges at par                                 190.02p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              186.24p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              183.02p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £365,327,845
revenue)