Net Asset Value(s)

The company announces the following unaudited data                             
                                                                               
as at 17 March 2015 - Using BID Valuations                                     
                                                                               
NAV per ord share (excl income) with debt at par value           1217.90     p 
                                                                               
NAV per ord share (excl income) with debt at market value*       1196.30     p 
                                                                               
NAV per ord share (incl income) with debt at par value           1227.79     p 
                                                                 'XD'          
                                                                               
NAV per ord share (incl income) with debt at market value*       1206.18     p 
                                                                 'XD'          
                                                                               
*based on the mid market value of the debenture debt at                        
valuation point,                                                               
                                                                               
source: Interactive Data                                                       
                                                                               
For more information please visit our website at                               
                                                                               
www.templebarinvestments.co.uk/