Net Asset Value(s)

The company announces the following unaudited data                            
                                                                              
as at 26 April 2013 - Using BID Valuations                                    
                                                                              
NAV per ord share (excl income) with debt at par value                        
                                                                              
1125.69p                                                                      
                                                                              
NAV per ord share (excl income) with debt at market value*                    
                                                                              
1101.11p                                                                      
                                                                              
NAV per ord share (incl income) with debt at par value                        
                                                                              
1135.97p                                                                      
                                                                              
NAV per ord share (incl income) with debt at market value*                    
                                                                              
1111.40p                                                                      
                                                                              
*based on the market value of the debenture debt at NAV point,                
                                                                              
source: Interactive Data and Xtrakter                                         
                                                                              
For more information please visit our website at                              
                                                                              
www.templebarinvestments.co.uk/