Net Asset Value(s)

The company announces the following unaudited data                                 
as at 13 February 2009 - Using BID Valuations                                      

NAV per ordinary share (excl current year income) with debt at par value    563.20p
NAV per ordinary share (excl current year income) with debt at market       560.30p
value                                                                              

NAV per ordinary share (incl current year income) with debt at par value    591.28p
NAV per ordinary share (incl current year income) with debt at market       588.39p
value                                                                              

For more information please visit our website at                                   
www.templebarinvestments.co.uk/