Net Asset Value(s)

The company announces the following unaudited data                                 
as at 5 June 2009 - Using BID Valuations                                           

NAV per ordinary share (excl current year income) with debt at par value    623.06p
NAV per ordinary share (excl current year income) with debt at market       614.73p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    640.01p
NAV per ordinary share (incl current year income) with debt at market       631.69p
value                                                                              

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