Net Asset Value(s)

The company announces the following unaudited data                                 
as at 2 May 2008 - Using BID Valuations                                            
NAV per ordinary share (excl current year income) with debt at par value    760.21p
NAV per ordinary share (excl current year income) with debt at market       750.28p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/