Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

(1). Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached:

The Throgmorton Trust PLC

(2). Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights: ( )

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : Participation in Company's In Specie Distribution
Option ( X )

(3). Full name of person(s) subject to the notification obligation:

Funds under the discretionary management of Laxey Partners Ltd

(4). Full name of shareholder(s) (if different from 3.):

Credit Suisse Client Nominees UK Ltd and Vidacos Nominees Limited

(5). Date of the transaction and date on which the threshold is crossed or
reached:

22 July 2010

(6). Date on which issuer notified:

1 February 2011

(7). Threshold(s) that is/are crossed or reached:

Under 5%

(8). Notified details:


5.04% on 24 July 2009

A: Voting rights attached to shares

Class/type of shares (if possible using the ISIN code): Ordinary Shares -
GB0008910555

Situation previous to the triggering transaction:
Number of Shares: 4,006,257
Number of Voting rights: 4,006,257

Resulting situation after the triggering transaction:
Number of shares:
Direct: Nil
Number of voting rights:
Direct: Nil
Indirect: Nil

% of voting rights:
Direct:
Indirect: 0%

B. Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of financial instrument:

Expiration date:

Exercise/Conversion Period:

Number of voting rights that may be acquired if the instrument is exercised/
converted:

% of voting rights:


C. Financial Instruments with similar economic effect to Qualifying Financial
Instruments


Resulting situation after the triggering transaction


Type of financial instrument:

Exercise price: N/A

Expiration date: N/A


Exercise/Conversion Period:


Number of voting rights instrument refers to:


% of voting rights

Nominal:

Delta:

Total (A + B+C):

Number of voting rights: Nil

% of voting rights: 0%


(9). Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable:


Proxy Voting:

(10). Name of the proxy holder:

N/A

(11). Number of voting rights proxy holder will cease to hold:

N/A

(12). Date on which proxy holder will cease to hold voting rights:

N/A

(13). Additional information:

Applicable issued share capital figure was 58,355,792.

(14). Contact name:

Mrs K V Higgins
For BlackRock Investment Management (UK) Limited
Secretary

(15). Contact telephone number:

020 7743 1089


1 February 2011