Quarterly Portfolio Update

Temple Bar Investment Trust Plc                        

As at close of business on 30 September 2007, the 10 largest investments in the
Company's portfolio were:

Top Ten                                % Gross Assets                        
                                                                             
Royal Dutch Shell `B' Shares           9.08                                  
                                                                             
BP                                     7.81                                  
                                                                             
Vodafone Group                         7.76                                  
                                                                             
HSBC Holdings                          7.42                                  
                                                                             
GlaxoSmithKline                        6.21                                  
                                                                             
Unilever                               4.70                                  
                                                                             
BT Group                               3.75                                  
                                                                             
AstraZeneca                            3.45                                  
                                                                             
HBOS                                   2.98                                  
                                                                             
Royal Bank of Scotland                 2.83                                  
                                                                             
                                       _____                                 
                                                                             
                                       55.99                                 

For enquiries please contact:

Martin Slade 020 7597 2000

Investec Investment Management Limited