Replacement Announcement Transaction in Own Shares

CORRECTION ANNOUNCEMENT: Note that this is a correction announcement to
replace announcement released at 8:30 on 29 September 2021. The
announcement referred to "Ordinary shares of 25 pence each" the correct wording
is now shown below. No other changes were made.

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


The Company announces that, on 28 September 2021, it purchased for cancellation
175,000 Ordinary shares of 5 pence each in the Company ("Shares") at a price of
179.33 pence per Share.

Following this transaction, the Company's share capital consists of 1,181,053,655
Shares in issue and 103,825,895 Shares held in Treasury. Therefore, the total
number of voting rights in the Company is 1,181,053,655. 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 (1,181,053,655) 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.

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