Dividend Declaration

The Board of Temple Bar Investment Trust has today declared a first interim
dividend for the year ending 31 December 2015 of 7.93 per ordinary share to be
paid on 30 June 2015 to those shareholders registered at the close of business
on 12 June 2015.

The shares will go ex-dividend on 12 June 2015.

It is the Board's intention that the quantum of the first two interim dividends
for the current financial year will be no less than the half-yearly dividend of
15.55p paid in the prior year. In addition, the Board will seek to maintain its
long standing record of increasing the dividend for the year as a whole over
the previous year.

Investec Asset Management Limited
Secretary
20 May 2015

TEMPLE BAR INVESTMENT TRUST PLC

FIRST INTERIM DIVIDEND