Net Asset Value(s)

The company announces the following unaudited data
as at 5 February 2020 - Using BID Valuations
NAV per ord share (excl income) with debt at par value	1392.99	p
NAV per ord share (excl income) with debt at market value*	1379.93	p
NAV per ord share (incl income) with debt at par value	1413.03	p
NAV per ord share (incl income) with debt at market value*	1399.97	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/