Net Asset Value(s)

The company announces the following unaudited data                                 
as at 27 March 2009 - Using BID Valuations                                         

NAV per ordinary share (excl current year income) with debt at par value    522.30p
NAV per ordinary share (excl current year income) with debt at market       515.89p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    528.73p
NAV per ordinary share (incl current year income) with debt at market       522.32p
value                                                                              

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