Net Asset Value(s)

The company announces the following unaudited data                                 
as at 10 October 2008 - Using BID Valuations                                       
NAV per ordinary share (excl current year income) with debt at par value    511.71p
NAV per ordinary share (excl current year income) with debt at market       502.07p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    529.36p
NAV per ordinary share (incl current year income) with debt at market       519.72p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/