Holding in Company

Throgmorton Trust PLC
11 April 2001


1.    Name of Company:            The Throgmorton Trust PLC

2.    Name of shareholder having  Royal London Long Term Fund managed by Royal
      a major interest:           London Asset Management Limited

3     Name of the registered
      holder(s) and, if more than
      one holder, the number of   Chase Nominees Ltd
      shares held by each of
      them:

4.    Number of shares acquired:  26,875,500


5.    Percentage of issued class  11.26%
      acquired:


6.    Number of shares disposed:  N/A


7.    Percentage of issued class  N/A
      disposed:

8.    Class of security:          ordinary 5p shares

9.    Date of transaction:        Not advised

10.   Date company informed:      11 April 2001

11.   Total holding following     26,875,500
      this notification:

12.   Total percentage holding of 11.26%
      issued class following this
      notification:

13.   Any additional information: This announcement is in relation to the
                                  merger between United Friendly Life and Long
                                  Term Business funds and the Royal London
                                  Society now trading under the name of Royal
                                  London Long Term Fund.

14.   Name of contact and         Robert Hoskin             020 7330 6634
      telephone number for
      queries:

15.   Name of authorised company
      official responsible for
      making this notification:   Robert Hoskin

16.   Date of notification:       11 April 2001