Net Asset Value(s)

The company announces the following unaudited data                                 
as at 18 April 2008 - Using BID Valuations                                         
NAV per ordinary share (excl current year income) with debt at par value    738.15p
NAV per ordinary share (excl current year income) with debt at market       728.23p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/