Transaction in Own Shares

Templeton Emerging Markets IT PLC
13 March 2008





                Templeton Emerging Markets Investment Trust PLC


Templeton Emerging Markets Investment Trust PLC announces that, on 13th March
2008, it bought for cancellation 300,000 ordinary shares in the market at an
average price of GBP4.004642 per ordinary share. There remain 474,075,662 shares
in issue.

For information please contact UBS (Corporate Broker) Joe Winkley or Mark
Reynolds on + 44 (0) 20 7567 8000.


END OF ANNOUNCEMENT




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