Net Asset Value(s)

The company announces the following unaudited data                                 
as at 20 July 2007 - Using BID Valuations                                          
NAV per ordinary share (excl current year income) with debt at par value    925.42p
NAV per ordinary share (excl current year income) with debt at market       914.95p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/