TEMPLE BAR INVESTMENT TRUST PLC

    APPOINTMENT OF DIRECTOR

    The Board of Temple Bar Investment Trust Plc is pleased to announce the
    appointment of Mr Nicholas Lyons to the Board as an additional non-executive
    director with effect from 23 January 2017. Mr Lyons has many years' experience
    in the investment company sector and the Board is confident that he will make a
    valuable contribution to Temple Bar in the coming years.

     It is confirmed that there are no matters requiring disclosure under paragraph
    9.6.13 (2) to (6) of the Listing Rules.  Mr Lyons is not a director of any
    other publicly quoted companies but he has been a director of the following
    publicly quoted companies in the past five years:

    Friends Life Group Limited (until 13.04.15)
    Catlin Group Limited (until 01.05.15)
    Quayle Munro Holdings Plc (until 14.11.12)

    Martin Slade
    For and on behalf of Investec Asset Management Limited
    Company Secretary
    23 January 2017