Director Shareholding

Headline:

Directors Shareholding(s)

Schedule 11 - Notification of interests of Directors and Connected Persons

1 Name of company:

TEMPLE BAR INVESTMENT TRUST PLC

2 Name of director:

RONALD SCOTT BROWN

3 Please state whether notification indicates that it is in respect of holding
of the director named in 2 above or holding of that person's spouse or children
under the age of 18 or in respect of a non- beneficial interest:

IN THE NAME OF THE ABOVE

4 Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified):

Lloyds TSB Registrars Savings Nominees Limited

5 Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s):

THE DIRECTOR

6 Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary:

Monthly investment in investment trust savings scheme

7 Number of shares/amount of stock acquired:

89

8 Percentage of issued class:

0.0002

9 Number of shares/amount of stock disposed:

Nil

10 Percentage of issued class:

11 Class of security:

ORDINARY SHARES OF 25P

12 Price per share:

£6.68

13 Date of transaction:

22 May 2002

14 Date company informed:

23 May 2002

15 Total holding following this notification:

15,467

16 Total percentage holding of issued class following this notification:

0.027

If a director has been granted options by the company, please complete the
following fields:

17 Date of grant:

18 Period during which or date on which exercisable:

19 Total amount paid (if any) for grant of the option:

20 Description of shares or debentures involved: class, number:

21 Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise:

22 Total number of shares or debentures over which options held following this
notification:

23 Contact name for queries:

Martin Slade

24 Contact telephone number:

0207 597 1942

25 Name of company official responsible for making notification:

Martin Slade FOR

INVESTEC INVESTMENT MANAGEMENT LIMITED

SECRETARY

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