Net Asset Value(s)

The following Net Asset Value (NAV) for The Throgmorton Trust PLC is released
by

AXA Framlington Investment Management Limited as at 8 February 2006.

Ordinary NAV (at Mid valuation - Prior charges                        193.18p
at PAR)                                                                      
                                                                             
Ordinary NAV (at Mid valuation - Prior charges                        185.68p
at Market Value)                                                             

Total Fund Value (inc. revenue)                                  £385,215,707