Net Asset Value(s)

The company announces the following unaudited data                                 
as at 25 April 2008 - Using BID Valuations                                         
NAV per ordinary share (excl current year income) with debt at par value    733.84p
NAV per ordinary share (excl current year income) with debt at market       725.15p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/