Net Asset Value(s)

The company announces the following unaudited data                                 
as at 20 March 2009 - Using BID Valuations  
                                       
NAV per ordinary share (excl current year income) with debt at par value    510.13p
NAV per ordinary share (excl current year income) with debt at market       503.72p
value         
                                                                     
NAV per ordinary share (incl current year income) with debt at par value    516.30p
NAV per ordinary share (incl current year income) with debt at market       509.89p
value      
                                                                        
For more information please visit our website at                                   
www.templebarinvestments.co.uk/