Net Asset Value(s)

The company announces the following unaudited data                       
                                                                         
as at 29 May 2015 - Using BID Valuations                                 
                                                                         
NAV per ord share (excl income) with debt at par value        1258.05 p  
                                                                         
NAV per ord share (excl income) with debt at market value*    1238.56 p  
                                                                         
NAV per ord share (incl income) with debt at par value        1280.29 p  
                                                                         
NAV per ord share (incl income) with debt at market value*    1260.80 p  
                                                                         
*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/