Holding in Company

Throgmorton Trust PLC
8 January 2001


1.    Name of Company:                        The Throgmorton Trust PLC

2.    Name of shareholder                     Prudential PLC

      having a major interest:

3.    Please state whether notification       In respect of shareholder in 2
      indicates that it is in respect of      above, together with certain of
      holding of the shareholder named in 2   its subsidiary companies.
      above or in respect of a
      none-beneficial interest or in the case
      of an individual holder if it is a
      holding of that person's spouse or
      children under the age of 18:

4.    Name of the registered                  Chase Nominees Ltd - 185,000

      holder(s) and, if more                  Clydesdale Bank Nominees Ltd Mgt
                                              - 12,940
      than one holder, the
                                              Henderson Nominees Ltd - 6,722
      number of shares held
                                              PRUCLT HSBC GIS Nom (UK) PAK AC -
      by each of them:                        28,381,000

                                              PRUCLT HSBC GIS Nom (UK) PPL AC -
                                              120,000



5.    Number of shares acquired:              N/A

6.    Percentage of issued class acquired:    N/A

7.    Number of shares disposed:              N/A

8.    Percentage of issued class              N/A

      Disposed:

9.    Class of security:                      5p Ordinary shares

10.   Date of transaction:                    N/A

11.   Date company informed:                  5 January 2001

12.   Total holding following                 28,705,662

      this notification:

13.   Total percentage holding                11.619% (based on issued capital
                                              as at 8 January 2001)
      of issued class following

      this notification:

14.   Any additional                          Announcement follows notification
                                              received from M&G Investment
      Information:                            Management Limited on behalf of
                                              Prudential plc in respect of:

                                               1. The transfer of the regulated
                                                  business of M&G Investment
                                                  Management Limited to
                                                  Prudential Portfolio Managers
                                                  Limited (since renamed M&G
                                                  Investment Management
                                                  Limited) on 31 December 2000,
                                                  and
                                               2. The transfer of the life and
                                                  pensions business of M&G Life
                                                  Assurance Company Limited and
                                                  M&G Pensions and Annuity
                                                  Company Limited to Scottish
                                                  Amicable Life plc on 28
                                                  December 2000.


15.   Name of contact and                     Christopher Wise

      telephone number for                    020 7330 6680

      queries:

16.   Date of notification:                   8 January 2001




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