Director Shareholding

Temple Bar Investment Trust PLC
7 December 2001

Headline:
Directors Shareholding(s)



Schedule 11 - Notification of interests of Directors and Connected Persons



1   Name of company:

TEMPLE BAR INVESTMENT TRUST PLC



2   Name of director:

RONALD SCOTT BROWN



3   Please state whether notification indicates that it is in respect of
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:

IN THE NAME OF THE ABOVE AND HIS SPOUSE



4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified):

VIDACOS NOMINEES LIMITED



5   Please state whether notification relates to a person(s) connected with
the director named in 2 above and identify the connected person(s):

THE DIRECTOR AND HIS SPOUSE



6   Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary:

Dividend reinvestment in PEP and ISA Schemes



7   Number of shares/amount of stock acquired:

3



8   Percentage of issued class:

0.000005



9   Number of shares/amount of stock disposed:

Nil



10  Percentage of issued class:





11  Class of security:

ORDINARY SHARES OF 25P



12  Price per share:

£6.32



13  Date of transaction:

23 November 2001



14  Date company informed:

7 December 2001



15  Total holding following this notification:

15,118



16  Total percentage holding of issued class following this notification:

0.026



If a director has been granted options by the company, please complete the
following fields:



17  Date of grant:





18  Period during which or date on which exercisable:





19  Total amount paid (if any) for grant of the option:





20  Description of shares or debentures involved: class, number:





21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:





22  Total number of shares or debentures over which options held following
this notification:





23  Contact name for queries:

HEATHER WILLIAMS



24  Contact telephone number:

0207 597 1843



25  Name of company official responsible for making notification:

Heather Williams FOR
INVESTEC INVESTMENT MANAGEMENT LIMITED
SECRETARY