Transaction in Own Shares

Templeton Emerging Markets IT PLC
25 January 2008


                Templeton Emerging Markets Investment Trust PLC



Templeton Emerging Markets Investment Trust PLC announces that, on 25th January
2008, it bought for cancellation 50,000 ordinary shares in the market at an
average price of GBP4.01 per ordinary share. There remain 474,599,768 shares in
issue.


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



END OF ANNOUNCEMENT






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