Result of Tender offer

THE THROGMORTON TRUST PLC

RESULTS OF THE TENDER OFFER

28 August 2009

The Board announces the result of the Tender Offer which closed on 25 August
2009.

Valid tenders for 26.6 per cent (21,869,191 Shares) of the Company's Shares
were received. The Tender Offer was over subscribed and therefore Shareholders
who tendered shall have their basic entitlement (10 per cent of their shares)
satisfied in full and their election for Further Shares will be scaled-back pro
rata with each shareholder receiving 28.4 per cent of their election for
Further Shares.

In total, 10 per cent of the Company's Shares outstanding on the Tender Closing
Date will be repurchased and cancelled.

Payment of the Tender Price due to Shareholders whose tenders under the Tender
Offer have been accepted is expected to be dispatched (by cheque or by payment
through CREST, as appropriate) no later than the end of November 2009. It is
expected that an interim distribution from the Tender Pool will be made by 13
October 2009.

Defined terms in this announcement have the same meaning as in the Circular to
Shareholders dated 27 July 2009.

Enquiries:

Jonathan Ruck Keene
BlackRock Investment Management (UK) Limited
Telephone: [phone]

Joe Winkley/Sapna Shah
Oriel Securities Limited
Telephone: [phone]