Share Buy-back

Throgmorton Trust PLC
9 October 2000



At the Annual General Meeting of the Company held on 25 February 2000
shareholders granted the Company authority to purchase up to 42,430,259
ordinary shares.

The Company announces that it has today repurchased 450,000 ordinary shares at
a price of 99.5p per share.  20,328,250 ordinary shares have been purchased to
date under the above authority and the issued share capital following
cancellation of the shares repurchased will be 250,973,592 ordinary shares.

Since 12 November 1999 when the Company first obtained powers to purchase its
own shares 52,826,250 shares have been repurchased.


9 October 2000