Net Asset Value(s)

The company announces the following unaudited data                                 
as at 27 July 2007 - Using BID Valuations                                          
NAV per ordinary share (excl current year income) with debt at par value    872.91p
NAV per ordinary share (excl current year income) with debt at market       861.71p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/