Holding(s) in Company

Templeton Emerging Markets IT PLC
07 April 2003

                                  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



      Stargas Nominees Limited

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

      as in 2) above

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 Applicable

8)   Percentage of issued class

      Not Applicable

9)   Class of security

      Ordinary 25p Shares

10)  Date of transaction

      Not Disclosed

11)  Date company informed

      7 April 2003


12)  Total holding following this notification

     18,488,575

13)  Total percentage holding of issued class following this notification

      4.06%


14)  Any additional information

      None

15)  Name of contact and telephone number for queries

      Barbara McFarlane - 0131 242 4129

16)  Name and signature of authorised company official responsible for
     making this notification



      Barbara McFarlane, Company Secretarial Assistant for Franklin Templeton
Investment Management Limited, Secretaries to       Templeton Emerging Markets
Investment Trust PLC

     Date of notification 7 April 2003





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