Quarterly Portfolio Update

Temple Bar Investment Trust Plc                        

As at close of business on 30 September 2005, the 10 largest investments in the
Company's portfolio were:

Top Ten                                % Gross Assets                        
                                                                             
Vodafone Group                         7.30                                  
                                                                             
GlaxoSmithKline                        6.69                                  
                                                                             
BP                                     5.14                                  
                                                                             
Royal Dutch Shell B Shares             5.09                                  
                                                                             
Royal Bank of Scotland                 4.62                                  
                                                                             
British American Tobacco               3.26                                  
                                                                             
Prudential                             2.96                                  
                                                                             
HSBC Holdings                          2.93                                  
                                                                             
Centrica                               2.86                                  
                                                                             
BT Group                               2.82                                  
                                                                             
                                       43.67                                 

For enquiries please contact:

Martin Slade 020 7597 2000

Investec Investment Management Limited