Net Asset Value(s)

The company announces the following unaudited data                                 
as at 20 March 2008 - Using BID Valuations                                         
NAV per ordinary share (excl current year income) with debt at par value    671.17p
NAV per ordinary share (excl current year income) with debt at market       657.80p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/