Net Asset Value(s)

The company announces the following unaudited data                                 
as at 30 October 2009 - Using BID Valuations                                       
NAV per ordinary share (excl current year income) with debt at par value    764.50p
NAV per ordinary share (excl current year income) with debt at market       756.50p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    780.35p
NAV per ordinary share (incl current year income) with debt at market       772.34p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/