Transaction in Own Shares

Templeton Emerging Markets IT PLC
27 July 2007





Templeton Emerging Markets Investment Trust PLC


Templeton Emerging Markets Investment Trust PLC announces that, on 27th July
2007, it bought for cancellation 458,267 ordinary shares in the market at an
average price of GBP3.8501 per ordinary share. There remain 493,328,579 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



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