Net Asset Value(s)

The company announces the following unaudited data                                 
as at 24 April 2009 - Using BID Valuations                                         

NAV per ordinary share (excl current year income) with debt at par value    579.06p
NAV per ordinary share (excl current year income) with debt at market       572.87p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    587.72p
NAV per ordinary share (incl current year income) with debt at market       581.53p
value                                                                              

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