Net Asset Value(s)

The company announces the following unaudited data                                 
as at 14 November 2008 - Using BID Valuations  
                                    
NAV per ordinary share (excl current year income) with debt at par value    554.40p
NAV per ordinary share (excl current year income) with debt at market       551.69p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    576.36p
NAV per ordinary share (incl current year income) with debt at market       573.65p
value   
                                                                           
For more information please visit our website at                                   
www.templebarinvestments.co.uk/