Nice to have a bot of diversification in the portfolio and one which is outperforming.

Templeton Emerging tem keeps hugging the uptrend line and through resistance at 395p for an attack on 425p again in the near future.

Could see 460p/480p fairly quickly.

Good to see volatilty falling on the stock as shown on the ATR lower indicator and RSI at a reasonable level.

One of the better emerging market I.T. plays

RNS Number : 6098G
Templeton Emerging Markets IT PLC
03 February 2010













Templeton Emerging Markets Investment Trust PLC ("TEMIT")



On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the unaudited net asset value ("NAV") of TEMIT Shares at 31st January 2010 as follows:-





NAV
527.2 pence (Cum-Income)

NAV
524.2 pence (Ex-Income)






TEMIT's investment in emerging markets was: -





% of total assets

LATIN AMERICA



Brazil
20.9

Mexico
2.0





ASIA


Hong Kong / China
20.9

India
13.4

Thailand
8.4

Indonesia
6.3

South Korea
5.6

Pakistan
1.4

Taiwan
0.3





EUROPE


Turkey
6.9

Russia
6.4

Poland
1.8

Hungary
1.3

Austria
1.0





AFRICA


South Africa
2.7





TEMIT's other current assets - 0.7












100.0






As at 31st January 2010 TEMIT did not have any holdings in other Investment Companies






Date 3rd February 2010






The securities used to calculate the above NAV and geographic percentages have been valued on a bid basis - the valuation of the assets is as at each local market close or, where appropriate, adjusted for changes in the fair value of these assets at US close.
























Templeton Emerging Markets Investment Trust PLC ("TEMIT")



On behalf of TEMIT, Franklin Templeton Investment Management Limited reports as at 31st January 2010, TEMIT's investment by industry class was: -



Sector
% of total assets






Financial
25.6

Materials
21.1

Energy
19.7

Consumer Discretionary
12.8

Utilities
5.9

Information Technology
4.3

Industrials
4.0

Telecommunication Services
3.0

Consumer Staples
2.9











TEMIT's other current assets -
0.7








100.0











Date 3rd February 2010











The securities used to calculate the above NAV and industry percentages have been valued on a bid basis - the valuation of the assets is as at each local market close or, where appropriate, adjusted for changes in the fair value of these assets at US close.






















Templeton Emerging Markets Investment Trust PLC ("TEMIT")



On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the Top Ten Holdings in TEMIT as at 31st January 2010 as follows: -





Country
Security
Industry
% of Total Net Assets

Brazil
Itau Unibanco Banco Multiplo SA, ADR
Financials
5.9










Brazil
Vale SA, ADR, pfd., A
Materials
5.9










India
Sesa Goa Ltd.
Materials
5.5










Turkey
Akbank TAS
Financials
4.7










Brazil
Banco Bradesco SA, ADR, pfd.
Financials
4.7










Brazil
Petroleo Brasileiro SA, ADR, pfd.
Energy
4.4










India
Tata Consultancy Services Ltd.
Information Technology
3.4










China
Denway Motors Ltd.
Consumer Discretionary
3.4










China
PetroChina Co Ltd., H
Energy
3.2










Hong Kong
VTech Holdings Ltd.
Telecommunication Services
3.0
















44.1

















For information please contact Client Dealer Services at Franklin Templeton Investment Management Limited on freephone 0800 305 306.





Date: 3rd February 2010.



End of Announcement.


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

END


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