Result of EGM

1 October 2009

RESULTS OF GENERAL MEETING AND ISSUE OF SUBSCRIPTION SHARES

The Throgmorton Trust PLC (the "Company") announces that at the General Meeting
of the Company held today to consider proposals for a Bonus Issue of
Subscription Shares and the adoption of new Articles, Shareholders approved the
Special Resolution proposed in this regard.

Issue of Subscription Shares

A total of 14,822,901 Subscription Shares have been allotted, subject to
listing, to Ordinary Shareholders on the Register at 5.00 p.m. on 30 September
2009, by way of Bonus Issue on the basis of one Subscription Share for every
five Ordinary Shares held at that date.

The Subscription Share Rights conferred by the Subscription Shares will be
exercisable by notice to the Company which may be given on each of 31 January,
30 April, 31 July and 31 October between 31 January 2010 and 31 October 2011
(both dates inclusive).

The Subscription Price, as defined in the Prospectus and equal to the published
unaudited NAV per Ordinary Share as at 5.00 p.m. on 30 September 2009 of 144.07
pence per share plus a one per cent premium to such amount, rounded up to the
nearest whole penny, is 146.00 pence.

Application has been made for the Subscription Shares to be admitted to the
Official List and to trading on the London Stock Exchange. It is expected that
dealings in the Subscription Shares will commence at 8.00 a.m. on 2 October
2009.

It is anticipated that certificates in respect of the Subscription Shares will
be sent out during the week commencing Monday, 5 October 2009.

Terms used and not defined in this announcement shall bear the meanings given
to them in the Prospectus dated 3 September 2009.

Enquiries:

Jonathan Ruck Keene

BlackRock Investment Management (UK) Limited

Telephone: [phone]

Joe Winkley/Sapna Shah

Oriel Securities Limited

Telephone: [phone]