Net Asset Value(s)

The company announces the following unaudited data                                 
as at 30 May 2008 - Using BID Valuations                                           
NAV per ordinary share (excl current year income) with debt at par value    744.61p
NAV per ordinary share (excl current year income) with debt at market       737.91p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/