Directorate Change

Templeton Emerging Markets IT PLC
12 December 2007


Templeton Emerging Markets Investment Trust PLC Announcement


Templeton Emerging Markets Investment Trust PLC ("the Company") announces that
with effect from 12th December 2007 Sir Ronald Hampel has resigned as Chairman
and Director of the Company. Charles Johnson has also resigned as a Director of
the Company with effect from 12th December 2007.


The Board has elected Peter Smith as the new Chairman of the Company. Peter
Smith has resigned as Chairman of the Audit Committee and senior independent
Director with effect from 12th December 2007. Peter Harrison, who was appointed
to the Board of the Company on 30th November 2007, has been elected as the new
Chairman of the Audit Committee of the Board of Directors.


The Board has appointed Sir Peter Burt as the senior independent Director.


The Board further announces that it has elected Christopher Brady as a
Non-Executive Director of the Company with effect from 12th December 2007,
Christopher Brady's biography is set out below.


The Board further announces that it has elected Gregory Johnson as a
Non-Executive Director of the Company with effect from 12th December 2007, Mr
Johnson's biography is set out below.


Peter Harrison and Christopher Brady are independent Directors.


The Company discloses this and the following information pursuant to Listing
Rules 9.6.11 R and 9.6.13 R made by the UK Listing Authority. These disclosures
are based upon information provided by such Directors and has not been
independently verified by the Company. Other than the Directorships of this
Company, Messrs Brady and Johnson do not currently hold and have not held in the
previous 5 years any other Directorships in any other publicly quoted company.


Messrs Brady and Johnson have no details to disclose pursuant to Listing Rule
9.6.13 R (2) to Listing Rule 9.6.13 R (6).



Biography of Christopher Brady


Christopher Brady, 53 is the founding partner and Chairman of The Chart Group.
With over 25 years' experience in private equity, corporate finance and capital
markets, Mr. Brady focuses on identifying and building portfolio companies
through his extensive industry relationships and perspective. Prior to Chart,
Mr. Brady was a partner with Lodestar Group, a merger advisory and investment
firm acquired by Societe Generale; and spent eleven years in the Corporate
Finance and Capital Markets Departments of Lehman Brothers and Dillon Read. Mr.
Brady is a Director of Bitrage, SeaMobile, U.S. Helicopter and several Chart
investments and affiliates. He received a B.A. from Middlebury College and an
M.B.A. from Columbia University Graduate School of Business.


Mr. Brady has been actively involved channelling the resources of the business
community to assist with U.S. Department of Defence-related initiatives.  He has
organised a venture capital team with an affiliate of the US Army to
commercialise their technologies; assumed a leadership role to support the
Wounded Warriors Disabled Sports Project, a non-profit, Disabled Sports USA
program to rehabilitate severely wounded soldiers through sports; and served as
a member of the Transition Team for the U.S. Army Secretary Dr. Francis Harvey.


Mr Brady is the son of Nicholas Brady, a former Secretary of the Treasury in the
USA, a former Chairman of TEMIT and currently Chairman of Darby Overseas
Investments, Ltd., a subsidiary company of Franklin Resources.



Biography of Gregory Johnson


Greg Johnson (46) is President and Chief Executive Officer of Franklin
Resources, Inc. and serves on the board of Directors. Mr. Johnson is also
President of Templeton Worldwide, Inc., Chief Executive Officer and President of
Templeton International, Inc. and serves as a Director for a number of
subsidiaries of Franklin Resources, Inc. He is a member of a number of Franklin
Templeton's international fund boards.


Mr. Johnson joined Franklin in 1986 after working as a senior accountant for
Coopers & Lybrand. He has served as President and Chairman of the Board for
Franklin Templeton Distributors, Inc., President of Franklin Investment
Advisory, LCC, President of FT Trust Company, Vice President of Franklin
Advisers, Inc., co-portfolio manager of Franklin Income Fund and Franklin
Utilities Fund and as an investment analyst.


Mr. Johnson earned his B.S. in accounting and business administration in 1983
from Washington and Lee University and his Certified Public Accountant (CPA)
certificate in 1985. He is the past Vice-Chairman of the Mutual Fund Forum, is
the past Chairman of the Western district of the Securities Industry Association
and is a past President of the San Francisco Bond Club. Mr. Johnson is a Board
member of Jumpstart and the San Francisco Symphony. He is also a member of the
Investment Company Institute's Board of Governors.


Mr. Johnson is the son of Charles Johnson, a former Director of TEMIT and
currently Chairman and Director of Franklin Resources, Inc., and Chairman and
Director of various Franklin Templeton funds.


For information please contact Joe Winkley (UBS Limited) on ++ 44 (0) 207 567
8000 or Sara MacIntosh (Company Secretary) on ++ 44 (0) 131 242 4000. No
representation or warranty is made by UBS Limited as to the accuracy or
completeness of the information contained in this announcement and no liability
will be accepted for any loss arising from its use.


End of Announcement




                      This information is provided by RNS
            The company news service from the London Stock Exchange