Quarterly Portfolio Update

Temple Bar Investment Trust Plc                        

As at close of business on 31 March 2007, the 10 largest investments in the
Company's portfolio were:

Top Ten                                % Gross Assets                        
                                                                             
Royal Dutch Shell B Shares             7.47                                  
                                                                             
BP                                     7.43                                  
                                                                             
HSBC Holdings                          7.14                                  
                                                                             
GlaxoSmithKline                        6.31                                  
                                                                             
Vodafone                               5.83                                  
                                                                             
Royal Bank of Scotland                 4.98                                  
                                                                             
Unilever                               4.56                                  
                                                                             
AstraZeneca                            3.77                                  
                                                                             
BT Group                               3.63                                  
                                                                             
Signet Group                           3.29                                  
                                                                             
                                       _____                                 
                                                                             
                                       54.41                                 

For enquiries please contact:

Martin Slade 020 7597 2000

Investec Investment Management Limited