Net Asset Value(s)

The company announces the following unaudited data                   
                                                                     
as at 4 June 2015 - Using BID Valuations                             
                                                                     
NAV per ord share (excl income) with debt at par value        1246.71
                                                                     
NAV per ord share (excl income) with debt at market value*    1229.21
                                                                     
NAV per ord share (incl income) with debt at par value        1268.82
                                                                     
NAV per ord share (incl income) with debt at market value*    1251.33
                                                                     
*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/