Issue of Equity

Temple Bar Investment Trust PLC announces that on 30 September 2005 it allotted
29,375 ordinary 25p shares at a price of £7.92 per share (which represents a
premium in excess of 2% over the latest net asset value). This was in respect
of shares purchased through the Temple Bar Investment Trust Savings Scheme. The
new shares will rank pari passu with existing ordinary 25p shares.

The total number of ordinary 25p shares now in issue is 58,340,742.