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 31 May 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at par                                 192.55p
                                                                               
at Bid valuation - Prior charges at par                                 189.57p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              185.58p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              182.60p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £375,979,201
revenue)