Net Asset Value(s)

The company announces the following unaudited data                                 
as at 8 May 2009 - Using BID Valuations        
                                    
NAV per ordinary share (excl current year income) with debt at par value    623.99p
NAV per ordinary share (excl current year income) with debt at market       617.79p
value               
                                                               
NAV per ordinary share (incl current year income) with debt at par value    634.41p
NAV per ordinary share (incl current year income) with debt at market       628.22p
value          
                                                                    
For more information please visit our website at                                   
www.templebarinvestments.co.uk/