Holding(s) in Company

Templeton Emerging Markets IT PLC
05 January 2006


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Templeton Emerging Markets Investment Trust PLC

2. Name of shareholder having a major interest

City of London Investment Management Company 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

Mellon UK Nominees Ltd A/C BSDTUSD (The Emerging Markets Country Fund) - 18,560,568 Ordinary Shares
State Street Bank and Trust Company (Jap & Co) - 1,608,632 Ordinary Shares
State Street Bank and Trust Company (Airhorn & Co) - 4,021,579 Ordinary Shares
Mellon UK Nominees Ltd A/C BSDTUSD (Investable Emerging Markets Country Fund) - 19,615,162 Ordinary Shares
Mellon UK Nominees Ltd A/C BSDTUSD (Emerging (Free) Markets Country Fund) - 9,234, 322 Ordinary Shares
Mellon UK Nominess Ltd A/C BSTDCAD (GFM Emerging Markets Country Fund) - 531,000 Ordinary Shares
Mellon UK Nominees Ltd A/C BSDTOMN (The Emerging World Fund a sub fund of the
World Emerging Markets Umbrella Fund PLC) - 2,809,000 Ordinary Shares
State Street Bank and Trust Company (Monteray & Co) - 7,703,000 Ordinary Shares
Mellon UK Nominees Ltd A/C BSDTUSD (Barn) - 2,990,000 Ordinary Shares
The Northern Trust Co (The Focus Fund) - 840,000 Ordinary Shares
Mellon UK Nominees Ltd A/C UPMF5041942 (UPEN) - 370,000 Ordinary Shares
Mellon UK Nominees Ltd A/C PMSF8572832 (UFND) - 1,480,000 Ordinary Shares

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

4th January 2006

12. Total holding following this notification

69,763,263 Ordinary 25p Shares

13. Total percentage holding of issued class following this notification

13.02%

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, Secretary and Administrator to Templeton Emerging
Markets Investment Trust PLC

Date of notification

5th January 2006

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for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
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