Net Asset Value(s)

Templeton Emerging Markets IT PLC
18 March 2008



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 17th March 2008 was £1,990m,
representing NAV of 420.54 pence per share.

In accordance with the Association of Investment Companies recommendations, the
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 NAV of TEMIT is calculated daily at US
close of markets using the latest available closing bid prices in each market of
investment.  However, where appropriate, these prices are adjusted to a fair
value basis having regard to a range of market triggers and proxies.


There was no material fair value adjustment of the assets as at US close to
report for today's NAV.



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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