Quarterly Portfolio Update

Temple Bar Investment Trust Plc                        

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

Top Ten                                % Gross Assets                        
                                                                             
Royal Dutch Shell `B' Shares           9.75                                  
                                                                             
BP                                     8.75                                  
                                                                             
Vodafone Group                         8.54                                  
                                                                             
HSBC Holdings                          7.14                                  
                                                                             
GlaxoSmithKline                        6.33                                  
                                                                             
Unilever                               5.94                                  
                                                                             
UK Treasury 4.00% 07 Mar 09            4.93                                  
                                                                             
BT Group                               3.44                                  
                                                                             
AstraZeneca                            3.15                                  
                                                                             
HBOS                                   2.47                                  
                                                                             
                                       _____                                 
                                                                             
                                       60.44                                 

For enquiries please contact:

Martin Slade 020 7597 2000

Investec Investment Management Limited