Net Asset Value(s)

The company announces the following unaudited data                                
as at 31 March 2006 - Using BID Valuations                                        
NAV per ordinary share (excl current year income) with debt at par value   835.65p
NAV per ordinary share (excl current year income) with debt at market      815.32p
value                                                                             
For more information please visit our website at www.itstemplebar.com