Industrial Distribution

Templeton Emerging Markets IT PLC
6 March 2002

  Templeton Emerging Markets Investment Trust Public Limited Company ("TEMIT")

1. On behalf of TEMIT, Franklin Templeton Investment Management Limited reports
at 28th February 2002, TEMIT's investment by industry class was: -


                                                                                  % of total assets

Banks                                                                                          10.31%
Integrated Telecommunication Services                                                          10.28%
Brewers                                                                                        7.88%
Electric Utilities                                                                             7.54%
Integrated Oil & Gas                                                                           7.11%
Industrial Conglomerates                                                                       5.25%
Construction Materials                                                                         4.00%
Wireless Telecommunication Services                                                            3.87%
Oil & Gas Refining & Marketing                                                                 3.76%
Computer Storage & Peripherals                                                                 3.04%
Real Estate Management & Development                                                           2.79%
Packaged Foods                                                                                 2.69%
Pharmaceuticals                                                                                2.37%
IT Consulting & Services                                                                       2.33%
Gold                                                                                           2.19%
Diversified Financial Services                                                                 1.91%
Electronic Equipment & Instruments                                                             1.70%
Paper Products                                                                                 1.64%
Food Retail                                                                                    1.60%
Automobile Manufacturers                                                                       1.50%
Industrial Machinery                                                                           1.05%
Marine Ports & Services                                                                        1.05%
Casinos & Gaming                                                                               0.93%
Computer Hardware                                                                              0.88%
Soft Drinks                                                                                    0.83%
Oil & Gas Exploration & Production                                                             0.81%
Multi-Sector Holdings                                                                          0.67%
Consumer Finance                                                                               0.65%
Tobacco                                                                                        0.54%
Aerospace & Defence                                                                            0.51%
Highways & Railtracks                                                                          0.43%
Household Appliances                                                                           0.35%
Paper Packaging                                                                                0.33%
Commodity Chemicals                                                                            0.29%
Life & Health Insurance                                                                        0.25%
Homebuilding                                                                                   0.20%
Department Stores                                                                              0.16%
Hotels                                                                                         0.03%


TEMIT's current total of liquid investments, cash and other assets was:-                       6.28%

                                                                                               100.00
Date: 6th March 2002



For information please contact Richard Locke/William Simmonds at Cazenove & Co.
Ltd (0207 588 2828). No representation or warranty is made by Cazenove & Co. Ltd
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. These figures have been prepared by Franklin Templeton Investments and are
their sole responsibility.





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