Net Asset Value(s)

The company announces the following unaudited data                                 
as at 29 August 2008 - Using BID Valuations                                        

NAV per ordinary share (excl current year income) with debt at par value    698.80p
NAV per ordinary share (excl current year income) with debt at market       689.70p
value                                                                              

NAV per ordinary share (incl current year income) with debt at par value    725.15p
NAV per ordinary share (incl current year income) with debt at market       716.04p
value                                                                              

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