Net Asset Value(s)

The company announces the following unaudited data                                 
as at 19 September 2008 - Using BID Valuations                                     

NAV per ordinary share (excl current year income) with debt at par value    674.79p
NAV per ordinary share (excl current year income) with debt at market       665.14p
value                                  
                                            
NAV per ordinary share (incl current year income) with debt at par value    701.44p
NAV per ordinary share (incl current year income) with debt at market       691.80p
value                                                                              

For more information please visit our website at                                   
www.templebarinvestments.co.uk/