Net Asset Value(s)

The company announces the following unaudited data                                 
as at 06 February 2009 - Using BID Valuations                                      

NAV per ordinary share (excl current year income) with debt at par value    564.87p
NAV per ordinary share (excl current year income) with debt at market       561.97p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    592.26p
NAV per ordinary share (incl current year income) with debt at market       589.36p
value                                                                              

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