Net Asset Value(s)

The company announces the following unaudited data                                 
as at 28 November 2008 - Using BID Valuations                                      
NAV per ordinary share (excl current year income) with debt at par value    554.99p
NAV per ordinary share (excl current year income) with debt at market       553.01p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    578.82p
NAV per ordinary share (incl current year income) with debt at market       576.84p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/