Net Asset Value(s)

The company announces the following unaudited data                                 
as at 1 August 2008 - Using BID Valuations                                         
NAV per ordinary share (excl current year income) with debt at par value    642.10p
NAV per ordinary share (excl current year income) with debt at market       634.67p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    663.49p
NAV per ordinary share (incl current year income) with debt at market       656.06p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/