Net Asset Value(s)

The company announces the following unaudited data                                 
as at 22 August 2008 - Using BID Valuations                                        
NAV per ordinary share (excl current year income) with debt at par value    679.57p
NAV per ordinary share (excl current year income) with debt at market       671.09p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    705.65p
NAV per ordinary share (incl current year income) with debt at market       697.17p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/