Net Asset Value(s)

The company announces the following unaudited data
as at 31 October 2018 - Using BID Valuations
NAV per ord share (excl income) with debt at par value	1287.40
NAV per ord share (excl income) with debt at market value*	1279.77
NAV per ord share (incl income) with debt at par value	1312.39
NAV per ord share (incl income) with debt at market value*	1304.75
*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/