Net Asset Value(s)

The company announces the following unaudited data                                 
as at 29 May 2009 - Using BID Valuations                                           
NAV per ordinary share (excl current year income) with debt at par value    619.05p
NAV per ordinary share (excl current year income) with debt at market       610.72p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    633.65p
NAV per ordinary share (incl current year income) with debt at market       625.32p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/