Net Asset Value(s)

The company announces the following unaudited data                                 
as at 7 November 2008 - Using BID Valuations                                       
NAV per ordinary share (excl current year income) with debt at par value    571.28p
NAV per ordinary share (excl current year income) with debt at market       571.10p
value                                                                              
NAV per ordinary share (incl current year income) with debt at par value    591.74p
NAV per ordinary share (incl current year income) with debt at market       591.55p
value                                                                              
For more information please visit our website at                                   
www.templebarinvestments.co.uk/