Holding(s) in Company

Templeton Emerging Markets IT PLC
06 July 2005

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

      Templeton Emerging Markets Investment Trust PLC


2)   Name of shareholder having a major interest



     City of London Investment Management Company Limited



3)    Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

      as in 2)above

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

      Mellon UK Nominees Ltd A/C BSDTUSD (The Emerging Markets Country Fund) =
     19,270,568 Ordinary Shares



State Street Bank and Trust Company (Jap & Co) = 1,648,632 Ordinary Shares



State Street Bank and Trust Company (Airhorn & Co) = 4,121,579 Ordinary Shares



Mellon UK Nominees Ltd A/C BSDTUSD (Investable Emerging Markets Country Fund) =
13,640,162 Ordinary Shares



Mellon UK Nominees Ltd A/C BSDTUSD (Emerging (Free) Markets Country Fund) =
4,950,000 Ordinary Shares



Mellon UK Nominees Ltd A/C BSTDCAD (GFM Emerging Markets Country Fund) = 651,000
Ordinary Shares



Mellon UK Nominees Ltd A/C BSDTOMN (The Emerging World Fund, sub fund of World
Emerging Markets Umbrella Fund PLC) = 2,519,000 Ordinary Shares



State Street Bank and Trust Company (Monteray & Co) = 8,348,000 Ordinary Shares



Mellon UK Nominees Ltd A/C BSDTUSD (Barn) = 3,090,000 Ordinary Shares



The Northern Trust Co (The Focus Fund) = 860,000 Ordinary Shares




5)   Number of shares/amount of stock acquired

      Not disclosed

6)   Percentage of issued class

      Not disclosed


7)   Number of shares/amount of stock disposed

      Not Applicable

8)   Percentage of issued class

      Not Applicable

9)   Class of security

      Ordinary 25p Shares

10)  Date of transaction

      Not disclosed

11)  Date company informed

      5th July 2005


12)  Total holding following this notification

      59,098,941


13)  Total percentage holding of issued class following this notification

      11.03%

14)  Any additional information

      None

15)  Name of contact and telephone number for queries

      Sara MacIntosh- 0207 073 8500

16)  Name and signature of authorised company official responsible for
     making this notification



Sara MacIntosh,  Franklin Templeton Investment Management Limited, Secretaries
to Templeton Emerging Markets Investment Trust PLC

Date of notification 6th July 2005


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