Net Asset Value(s)

The company announces the following unaudited data                                 
as at 23 October 2009 - Using BID Valuations   
                                    
NAV per ordinary share (excl current year income) with debt at par value    789.51p
NAV per ordinary share (excl current year income) with debt at market       781.50p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    805.30p
NAV per ordinary share (incl current year income) with debt at market       797.29p
value     
                                                                         
For more information please visit our website at                                   
www.templebarinvestments.co.uk/