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 26 October 2006.

Ordinary NAV (Restated for changes in UK                                       
accounting standards)                                                          
                                                                               
at Mid valuation - Prior charges at par                                 198.97p
                                                                               
at Bid valuation - Prior charges at par                                 196.13p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              192.37p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              189.53p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £375,092,692
revenue)