Net Asset Value(s)

The company announces the following unaudited data                                 
as at 25 January 2008 - Using BID Valuations    
                                   
NAV per ordinary share (excl current year income) with debt at par value    753.89p
NAV per ordinary share (excl current year income) with debt at market       741.93p
value 
                                                                             
For more information please visit our website at                                   
www.templebarinvestments.co.uk/