Net Asset Value(s)

The company announces the following unaudited data                                 
as at 27 February 2009 - Using BID Valuations                                      
NAV per ordinary share (excl current year income) with debt at par value    508.74p
NAV per ordinary share (excl current year income) with debt at market       501.15p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    535.77p
NAV per ordinary share (incl current year income) with debt at market       528.18p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/