Net Asset Value(s)

The company announces the following unaudited data                                 
as at 23 May 2008 - Using BID Valuations  
                                         
NAV per ordinary share (excl current year income) with debt at par value    743.57p
NAV per ordinary share (excl current year income) with debt at market       735.93p
value                                                                              

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