Net Asset Value(s)

The company announces the following unaudited data                       
                                                                         
as at 5 June 2015 - Using BID Valuations                                 
                                                                         
NAV per ord share (excl income) with debt at par value        1242.15 p  
                                                                         
NAV per ord share (excl income) with debt at market value*    1225.23 p  
                                                                         
NAV per ord share (incl income) with debt at par value        1264.27 p  
                                                                         
NAV per ord share (incl income) with debt at market value*    1247.36 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/