Net Asset Value(s)

The company announces the following unaudited data                                          
as at 15 May 2009 - Using BID Valuations                                                    
NAV per ordinary share (excl current year income) with debt at par value      613.93p 613.93
NAV per ordinary share (excl current year income) with debt at market value   607.74p 607.74
NAV per ordinary share (incl current year income) with debt at par value      626.31p 626.31
NAV per ordinary share (incl current year income) with debt at market value   620.12p 620.12
For more information please visit our website at                                            
www.templebarinvestments.co.uk/