Net Asset Value(s)

The company announces the following unaudited data                             
                                                                               
as at 1 August 2013 - Using BID Valuations                                     
                                                                               
NAV per ord share (excl income) with debt at par value           1197.12p      
                                                                               
NAV per ord share (excl income) with debt at market value*       1178.86p      
                                                                               
NAV per ord share (incl income) with debt at par value           1217.55p      
                                                                               
NAV per ord share (incl income) with debt at market value*       1199.28p      
                                                                               
*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/