Purchase of Own Securities

Templeton Emerging Markets IT PLC
22 August 2000

Templeton Emerging Markets Investment Trust PLC 
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Templeton Emerging Markets Investment Trust PLC announces that, on 22 August
2000, it bought for cancellation 425,000 ordinary shares in the market at a
price of 121.25p per ordinary share.  There remain 463,568,671 shares in
issue.