Transaction in Own Shares

Stock Exchange Announcement
Templeton Emerging Markets Investment Trust PLC ("the Company")
Transaction in Own Shares
Legal Entity Identifier 5493002NMTB70RZBXO96


The Company announces that, on 15 January 2021, it purchased for cancellation
13,272 Ordinary shares of 25 pence each in the Company ("Shares") at a price of
985.00 pence per Share.

Following this transaction, the Company's share capital consists of 236,457,014
Shares in issue and 20,765,179 Shares held in Treasury. Therefore, the total number
of voting rights in the Company is 236,457,014. In order to protect the interests of
existing shareholders, shares held in treasury will only be reissued at a price above
the prevailing NAV per share at the time of reissue.

This figure (236,457,014) may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their interest
in, or a change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.

For further information please e-mail CompanySecretarialEdinburgh@franklintempleton.com or contact
Franklin Templeton Client Dealer Services via e-mail at enquiries@franklintempleton.co.uk or via free phone
0800 305 306, +44 (0) 20 7073 8690 for overseas investors.