Net Asset Value(s)

The company announces the following unaudited data

as at 21 August 2019 - Using BID Valuations

NAV per ord share (excl income) with debt at par value

NAV per ord share (excl income) with debt at market value*

NAV per ord share (incl income) with debt at par value

NAV per ord share (incl income) with debt at market value*

*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/