Net Asset Value(s)

Templeton Emerging Markets IT PLC
04 July 2007









           Templeton Emerging Markets Investment Trust PLC ("TEMIT")


On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the
unaudited net asset value ("NAV") of TEMIT Shares at 29th June 2007 are as
follows: -



NAV         415.92 pence (Cum-Income)
NAV         409.73 pence (Ex-Income)



TEMIT's investment in emerging markets was: -

                                                            % of total assets
LATIN AMERICA
Brazil (including US listings)                                           20.90
Mexico (including US listings)                                            0.88

ASIA
China - Hong Kong                                                        16.69
South Korea                                                              13.58
Thailand                                                                  7.92
India                                                                     3.69
Pakistan                                                                  2.11
China                                                                     1.86
Indonesia                                                                 1.38
Taiwan                                                                    1.01
Philippines                                                               0.23

EUROPE
Turkey                                                                    8.73
Russia (including US listings)                                            8.65
Hungary                                                                   4.55
Poland                                                                    2.89
Austria                                                                   1.60
Sweden                                                                    0.19
Greece                                                                    0.15

AFRICA (SUB-SAHARA)
South Africa                                                              2.18



                                                                             ---

TEMIT's current total of liquid investments, cash and
other liabilities was:-                                                   0.81

                                                                        100.00
                                                                        --------
                                                                             ---
As at 29th June 2007 TEMIT did not have any holdings in other Investment
Companies
                                                                             ---
Date 4th July 2007
                                                                             ---


The securities used to calculate the above NAV and geographic percentages have
been valued on a bid basis.







           Templeton Emerging Markets Investment Trust PLC ("TEMIT")


On behalf of TEMIT, Franklin Templeton Investment Management Limited reports as
at 29th June 2007, TEMIT's investment by industry class was: -

                                                            % of total assets

Integrated Oil & Gas                                                     20.69
Diversified Banks                                                        18.84
Oil & Gas Refining & Marketing                                           10.03
Diversified Metals & Mining                                               9.09
Construction & Engineering                                                6.19
Wireless Telecommunication Services                                       4.43
Aluminum                                                                  4.13
Automobile Manufacturers                                                  2.70
Oil & Gas Exploration & Production                                        2.45
Pharmaceuticals                                                           2.08
Casinos & Gaming                                                          1.97
Electric Utilities                                                        1.97
Food Retail                                                               1.86
Independent Power Producers & Energy                                      1.68
Construction Materials                                                    1.39
Marine Ports & Services                                                   1.39
Coal & Consumable Fuels                                                   1.18
Integrated Telecommunication Services                                     1.03
Tobacco                                                                   0.84
Multi-Sector Holdings                                                     0.79
Consumer Finance                                                          0.48
Homebuilding                                                              0.48
Household Products                                                        0.48
Computer Storage & Peripherals                                            0.47
Household Appliances                                                      0.38
Gas Utilities                                                             0.37
Oil & Gas Equipment & Services                                            0.26
Brewers                                                                   0.23
Apparel Accessories & Luxury Goods                                        0.21
Industrial Conglomerates                                                  0.19
Industrial Machinery                                                      0.19
Personal Products                                                         0.19
Building Products                                                         0.18
Steel                                                                     0.18
Packaged Foods & Meats                                                    0.17

TEMIT's current total of liquid investments, cash and
other liabilities was:-                                                   0.81

Date: 4th July 2007                                                     100.00
                                                                        --------
                                                                             ---


 The securities used to calculate the above NAV and geographic percentages have
                          been valued on a bid basis.


For information please contact Client Dealer Services at Franklin Templeton
Investment Management Limited on freephone 0800 305 306 or Joe Winkley at UBS
Limited 0207 567 8000. 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. These figures have been prepared by Franklin Templeton Investments and are
their sole responsibility.


Date: 4th July, 2007.

End of Announcement.



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