Net Asset Value(s)

Templeton Emerging Markets IT PLC
31 October 2006


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 27th October 2006 as follows:-

NAV (Cum-Income)                              316.61 pence

NAV (Ex-Income)                               314.23 pence



For information please contact 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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