Net Asset Value(s)

The company announces the following unaudited data                                 
as at 27 June 2008 - Using BID Valuations                                          
NAV per ordinary share (excl current year income) with debt at par value    652.77p
NAV per ordinary share (excl current year income) with debt at market       645.88p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    673.27p
NAV per ordinary share (incl current year income) with debt at market       666.38p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/