Transaction in Own Shares

Templeton Emerging Markets IT PLC
21 June 2007


Templeton Emerging Markets Investment Trust PLC

Templeton Emerging Markets Investment Trust PLC announces that, on 21st June
2007, it bought for cancellation 1,391,421 ordinary shares in the market at an
average price of 368.6179p per ordinary share. There remain 514,631,139 shares
in issue.

For information please contact ING Corporate Finance (Financial Adviser)
Nicholas Gold or William Marle on + 44 (0) 20 7767 1000 or UBS (Corporate
Broker) Joe Winkley or Mark Whitfeld on + 44 (0) 20 7567 8000.


END OF ANNOUNCEMENT







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