RNS Number:7314K
Templeton Emerging Markets IT PLC
06 May 2003



           Templeton Emerging Markets Investment Trust PLC ("TEMIT")


1. On behalf of TEMIT, Franklin Templeton Investment Management
Limited reports the  unaudited net asset value ("NAV") of TEMIT Shares at 30th
April 2003 as follows: -


Undiluted NAV (Warrants unexercised)             132.07 pence (Cum-Income)
Fully diluted NAV (Warrants exercised)           132.23 pence (Cum-Income)
Undiluted NAV (Warrants unexercised)             130.37 pence (Ex-Income)
Fully diluted NAV (Warrants exercised)            130.82 pence (Ex-Income)



TEMIT's investment in emerging markets was: -


                                                           % of total assets
LATIN AMERICA
Brazil (including US listings)                             11.15
Mexico (including US listings)                             5.92
Argentina (including US listings)                          1.23

ASIA
South Korea                                                12.93
China (including HK listings)                              12.10
Thailand                                                   8.10
Taiwan                                                     4.95
India                                                      4.77
Hong Kong (including Singapore listings)                   3.01
Philippines                                                1.50
Singapore                                                  0.95
Indonesia                                                  0.86

EUROPE
Hungary                                                    6.36
Austria                                                    3.48
Poland                                                     2.15
Greece                                                     1.99
Russia (including US listings)                             1.61
Czech Republic                                             1.51
Croatia                                                    1.33
Portugal                                                   1.24

AFRICA (SUB-SAHARA)
South Africa                                                4.89


MIDDLE EAST

Turkey                                                     6.36
Israel                                                     0.83
Egypt                                                      0.45

OTHER



TEMIT's current total of liquid investments, cash and      0.33
other assets was:-

                                                           100.00
Date: 6th May 2003




           Templeton Emerging Markets Investment Trust PLC ("TEMIT")



1. On behalf of TEMIT, Franklin Templeton Investment Management Limited reports 
at 30th  April 2003, TEMIT's investment by industry class was: -


                                                                          % of total assets

Banks                                                                           18.08
Oil & Gas Refining & Marketing                                                  10.86
Electric Utilities                                                               7.80
Integrated Telecommunication Services                                            7.77
Integrated Oil & Gas                                                             6.10
Pharmaceuticals                                                                  4.59
Brewers                                                                          4.56
Tobacco                                                                          3.68
Construction Materials                                                           3.59
Marine Ports & Services                                                          2.70
Computer Storage & Peripherals                                                   2.49
Wireless Telecommunication Services                                              2.44
Industrial Conglomerates                                                         2.39
Food Retail                                                                      2.29
Construction & Engineering                                                       2.07
Packaged Foods                                                                   1.93
Consumer Finance                                                                 1.68
Paper Products                                                                   1.62
IT Consulting & Services                                                         1.49
Soft Drinks                                                                      1.36
Diversified Metals & Mining                                                      1.27
Automobile Manufacturers                                                         1.18
Commodity Chemicals                                                              1.15
Steel                                                                            1.02
Systems Software                                                                 0.83
Oil & Gas Exploration & Production                                               0.82
Multi-sector holdings                                                            0.74
Household Appliances                                                             0.69
Computer Hardware                                                                0.61
Metal & Glass Containers                                                         0.54
Real Estate Management & Development                                             0.47
Casinos & Gaming                                                                 0.26
Oil & Gas Equipment & Services                                                   0.20
Alternative Carriers                                                             0.20
Diversified Chemicals                                                            0.17
Diversified Financial Services                                                   0.03

TEMIT's current total of liquid investments, cash and other assets was:-         0.33
 

Date: 6th May 2003                                                              100.00




For information please contact David Bliss/Will Rogers at UBS Warburg Ltd 
(0207 567 8000).  No representation or warranty is made by UBS Warburg Ltd as 
to the accuracy or completeness of the information contained in this 
announcement and no liability will be accepted for any loss arising  from its 
use.  These figures have been prepared by Franklin Templeton Investments and are 
their  sole responsibility.


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