Net Asset Value(s)

Templeton Emerging Markets IT PLC
03 December 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 as at 30th November 2007 was £2,405m
representing NAV of 505.38 per share.

In accordance with the Association of Investment Companies recommendations, NAV
has been calculated based only on the capital value of underlying assets,
excluding accumulated or accrued income, and using bid price information
relating to the underlying assets. The valuation of the assets is as at each
local market close or, where appropriate, adjusted for changes in the fair value
of these assets at US close on the trading day before this announcement


For information please contact Client Dealer services 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.


End of Announcement.



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