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 9 March 2006.

Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at PAR                                 195.84p
                                                                               
at Bid valuation - Prior charges at PAR                                 193.38p
                                                                               
Ordinary NAV                                                                   
                                                                               
at Mid valuation - Prior charges at Market                              188.40p
Value                                                                          
                                                                               
at Bid valuation - Prior charges at Market                              185.94p
Value                                                                          
                                                                               
Total Fund Value (at Mid valuation inc.                            £384,071,638
revenue)