Tender Offer

THE THROGMORTON TRUST PLC

TENDER OFFER

27 July 2009

Further to the announcement on 3 July 2009, the Board of The Throgmorton Trust
PLC (the "Company") announces that a shareholder circular containing details of
the September Tender Offer including the procedure for tendering Shares has
been posted today, along with a copy of the Company's half yearly financial
report for the six months ended 31 May 2009.

The Tender Offer will enable Shareholders to tender their Shares for cash,
subject to a maximum of 10 per cent. in aggregate of the Shares in issue at the
relevant time.

Whilst the Tender Offer is open to all Shareholders, the Directors have no
intention of tendering any of their own shares.

The Board is currently formulating proposals for a bonus issue of subscription
shares in the capital of the Company and a circular seeking Shareholders'
approval for the issue is expected to be sent to Shareholders in early
September 2009. All Shareholders on the register after implementation of the
Tender Offer will be eligible for the bonus issue of subscription shares.

A copy of the tender offer shareholder circular and the Company's half yearly
financial report for the six months ended 31 May 2009 will shortly be available
for inspection at the UK Listing Authority's Document Viewing Facility, which
is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No: [phone]

Expected timetable:

Record date for the Tender Offer                5.00 p.m. on 30 July

Latest time and date for receipt of
Savings Schemes Tender Forms                    3.00 p.m. on 18 August

Latest time and date for receipt of
Tender Forms and TTE instructions               3.00 p.m. on 25 August

Result of Tender Offer announced                28 August

Calculation date close of business on           1 September

Realisation of Tender Pool commences            2 September

Enquiries:

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

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