Net Asset Value(s)

The company announces the following unaudited data                                
as at 21 July 2006 - Using BID Valuations                                         
NAV per ordinary share (excl current year income) with debt at par value   787.41p
NAV per ordinary share (excl current year income) with debt at market      769.49p
value                                                                             
For more information please visit our website at www.itstemplebar.com