Net Asset Value(s)

The company announces the following unaudited data
as at 28 June 2016 - Using BID Valuations
NAV per ord share (excl income) with debt at par value	1074.59	p
NAV per ord share (excl income) with debt at market value*	1052.70	p
NAV per ord share (incl income) with debt at par value	1091.12 'XD'	p
NAV per ord share (incl income) with debt at market value*	1069.23 'XD'	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/