Net Asset Value(s)

The company announces the following unaudited data                            
                                                                              
as at 29 April 2013 - Using BID Valuations                                    
                                                                              
NAV per ord share (excl income) with debt at par value           1129.74p    

NAV per ord share (excl income) with debt at market value*       1105.00p   

NAV per ord share (incl income) with debt at par value           1140.02p    

NAV per ord share (incl income) with debt at market value*       1115.27p    

*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/