Portfolio of Investments

Temple Bar Investment Trust PLC
23 May 2000

The company announces the following unaudited data relating to its portfolio
of investments as at 19 May 2000:
                                            

TOTAL ASSETS                         £  422,062,108      
DEBENTURE STOCK                      £   63,000,000       
NET ASSETS                           £  359,062,108      

NAV (EX INCOME) PER  ORDINARY SHARE          621.29p