Quarterly Portfolio Update

Temple Bar Investment Trust Plc                        

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

Top Ten                                % Gross Assets                        
                                                                             
Royal Dutch Shell `B' Shares           8.78                                  
                                                                             
BP                                     7.74                                  
                                                                             
HSBC Holdings                          7.01                                  
                                                                             
Vodafone Group                         6.89                                  
                                                                             
GlaxoSmithKline                        5.62                                  
                                                                             
Unilever                               4.58                                  
                                                                             
Royal Bank of Scotland                 4.55                                  
                                                                             
BT Group                               3.79                                  
                                                                             
AstraZeneca                            3.53                                  
                                                                             
Signet Group                           2.60                                  
                                                                             
                                       _____                                 
                                                                             
                                       55.09                                 

For enquiries please contact:

Martin Slade 020 7597 2000

Investec Investment Management Limited