Holding in Company

Throgmorton Trust PLC
2 August 2001


1.    Name of Company:               The Throgmorton Trust PLC

2.    Name of shareholder            Royal London Asset Management Limited
      having a major interest:

3.    Please state whether           In respect of funds managed by shareholder
      notification indicates that it in (2) above
      is in respect of holding of
      the shareholder named in 2
      above or in respect of a
      non-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

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

4.    Number of shares acquired:     N/A

5.    Percentage of issued class     N/A
      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:           27 July 2001

10.   Date company informed:         2 August 2001

11.   Total holding following        26,875,500

      this notification:

12.   Total percentage holding       11.27%
      of issued class following
      this notification:

13.   Any additional Information:    This announcement is in relation to the
                                     transfer of 5,000,000 shares from the
                                     Royal London Long Term Fund to Scottish
                                     Life Assurance Company, both under the
                                     management of Royal London Asset
                                     Management. Royal London Long Term Fund
                                     now holds 21,875,500 shares (9.17%) and
                                     Scottish Life Assurance Society holds
                                     5,000,000 shares (2.10%).

14.   Name of contact and            Christopher Wise
      telephone number for           020 7330 6680
      queries:

15.   Name of authorised company     Christopher Wise
      official responsible for
      making this notification:

16.   Date of Notification:          2 August 2001