Holding in Company

Templeton Emerging Markets IT PLC
26 April 2001


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Templeton Emerging Markets Investment Trust PLC

2   Name of shareholder having a major interest:
British Steel Pension Fund

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
as in 2) above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Not Disclosed

5   Number of shares/amount of stock acquired:
Not Disclosed

6   Percentage of issued class:
Not Disclosed

7   Number of shares/amount of stock disposed:
Not Disclosed

8   Percentage of issued class:
Not Disclosed

9   Class of security:
Ordinary 25p Shares

10  Date of transaction:
Not Disclosed

11  Date company informed:
26 April 2001

12  Total holding following this notification:
15,535,734

13  Total percentage holding of issued class following this notification:
3.40%

14  Contact name for queries:
Barbara McFarlane

15 Contact telephone number:
0131 469 4129

16  Name of company official responsible for making notification:
Barbara McFarlane, Company Secretarial Assistant for Franklin Templeton
Investment Management Limited - Secretaries to Templeton Emerging Markets
Investment Trust PLC

17  Date of notification:
26 April 2001


Additional Information: