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Russia-Ukraine Update

Operational Update9 March 2022TEMFinancials

STOCK EXCHANGE ANNOUNCEMENT
Templeton Emerging Markets Investment Trust plc (the "Company")


Legal Entity Identifier 5493002NMTB70RZBXO96


Update on the Company's holdings in Russian companies following recent

developments in Ukraine

Following Russia's invasion of Ukraine, our thoughts are first and foremost with the victims of

the humanitarian crisis that is unfolding, as we monitor the resulting economic and market

implications for the Company and its portfolio holdings.

The situation is fluid and changing rapidly from day to day, but it is clear that sanctions

impacting Russia and Russian companies will be in place for some time and that further

market volatility is to be expected.

As a result, we continue to review the Company's portfolio for direct and indirect exposure to

Russia.

In this regard, we can report that the Company held securities in the following Russian

companies as at 1 March 2022.

Holding % of TEMIT NAV

Lukoil PJSC 0.33

Yandex NV 0.25

VK Co Ltd 0.02

Sberbank of Russia PJSC 0.02

Gazprom PJSC 0.03

Russia 0.65

Source: FT Risk; Note: Weights as of 1 March 2022. For securities with halted trading or closed

stock exchanges, a fair value is determined by analysing various factors including security-

specific and market level proxies, in accordance with established Fair Value policies and

procedures.


All holdings in the above table are in foreign listed securities (either primary US listing or

ADRs/GDRs).


ENDS


For further information please contact:

Winterflood Investment Trusts (Corporate Broker) Neil Langford on + 44 (0) 20 3100 0000

Saira Khan, Franklin Templeton Investments on +44 20 7073 8550

or saira.khan@franklintempleton.co.uk

Company Secretarial Team temitcosec@franklintempleton.com

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.