Net Asset Value(s)

The company announces the following unaudited data                             
                                                                               
as at 12 March 2010 - Using BID Valuations                                     
                                                                               
NAV per ord share (exc income) with debt at par value                  828.44p 
                                                                               
NAV per ord share (exc income) with debt at market value*              816.99p 
                                                                               
NAV per ord share (Incl income) with debt at par value                 835.68p 
                                                                               
NAV per ord share (Incl income) with debt at market value*             824.23p 
                                                                               
*based on the market price of the debenture debt at NAV point source           
Evolution Securities                                                           
                                                                               
For more information please visit our website at                               
www.templebarinvestments.co.uk/