Stock Exchange Announcement

Templeton Emerging Markets Investment Trust PLC (the "Company")

Update on the Company's holdings in Russian companies

Legal Entity Identifier 5493002NMTB70RZBXO96

Further to the announcement issued on 3 March 2022.

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 Company continues to hold securities in the following five Russian companies:

All holdings in the above table are in foreign listed securities (either primary US listing or ADRs/GDRs).

In accordance with established Fair Value policies and procedures each of these securities is currently valued at zero for the purposes of calculating the Company's Net Asset Value.

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