Net Asset Value(s)

The company announces the following unaudited data                                 
as at 16 May 2008 - Using BID Valuations                                           
NAV per ordinary share (excl current year income) with debt at par value    771.33p
NAV per ordinary share (excl current year income) with debt at market       762.80p
value     
                                                                         
For more information please visit our website at                                   
www.templebarinvestments.co.uk/