Net Asset Value(s)

The company announces the following unaudited data
as at 17 September 2018 - Using BID Valuations
NAV per ord share (excl income) with debt at par value	1328.04	p
NAV per ord share (excl income) with debt at market value*	1320.66	p
NAV per ord share (incl income) with debt at par value	1348.36 'XD'	p
NAV per ord share (incl income) with debt at market value*	1340.98 '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/