Result of Meeting

Throgmorton Trust PLC
13 March 2000


THE THROGMORTON TRUST PLC

7.25% Convertible Unsecured Loan Stock 2003


An adjourned meeting of the holders of the Trust's 7.25% Convertible Unsecured
Loan Stock 2003 was held at 12.30 p.m. on Monday, 13 March 2000, at the
Trust's registered office.  

At that meeting, approval was granted to a resolution giving continuing
authority to the Trust to repurchase its Ordinary Shares.  The new authority
granted by Stockholders remains valid at any time while Stock is outstanding
(that is, until 30 November 2003, which is the repayment date for the Stock)
provided that currently valid prior approval to repurchase Ordinary Shares has
been given by Ordinary Shareholders in general meeting.  This authority
supersedes that approved by Stockholders on 12 November 1999, which was
time-limited to expire after 12 months.