Net Asset Value(s)

The company announces the following unaudited data                             
                                                                               
as at 4 December 2009 - Using BID Valuations                                   
                                                                               
NAV per ord share (exc income) with debt at par value                  798.95p 
                                                                               
NAV per ord share (exc income) with debt at market value*              790.95p 
                                                                               
NAV per ord share (Incl income) with debt at par value                 821.28p 
                                                                               
NAV per ord share (Incl income) with debt at market value*             813.27p 
                                                                               
*based on the latest available market price of the debenture debt              
                                                                               
For more information please visit our website at                               
www.templebarinvestments.co.uk/