Holding in Company

Throgmorton Trust PLC
18 January 2001


1.    Name of Company:       The Throgmorton Trust PLC

2.    Name of shareholder    Prudential plc
      having a major
      interest:

3     Name of the registered PRUCLT HSBC GIS NOM(UK) PAC AC - 20,000,000

      holder(s) and, if more PRUCLT HSBC GIS NOM(UK) PPL AC - 120,000

      than one holder, the

      number of shares held

      by each of them:

4.    Number of shares       N/A
      acquired:

5.    Percentage of issued   N/A
      class acquired:

6.    Number of shares       N/A
      disposed:

7.    Percentage of issued   N/A
      class

      Disposed:

8.    Class of security:     Ordinary 5p shares

9.    Date of transaction:   Not disclosed

10.   Date company informed: 17 January 2001

11.   Total holding          20,120,000
      following

      this notification:

12.   Total percentage       8.16%
      holding

      of issued class
      following

      this notification:

13.   Any additional         The following companies no longer hold a
                             notifiable interest in the above company:
      Information:
                             M&G Group Limited

                             M&G Investment Management Limited

                             M&G Limited

14.   Name of contact and    Chris Wise

      telephone number for   020 7330 6680

      queries:

15.   Date of Notification:  18 January 2001