Net Asset Value
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|
Templeton Emerging Markets Plc (TEM) | 8:24 am, Thursday 24 July 2008 | TEM | 6.300 |
 -0.100 |
(-1.56%) |
Templeton Emerging Markets Investment Trust PLC ("TEMIT")
On behalf of TEMIT, Franklin Templeton Investment Management
Limited reports the unaudited cum-income net asset value ("NAV") of TEMIT as
at 22nd July 2008 was ?1,393m, representing a NAV of
421.11 pence per share.
The unaudited ex-income NAV of TEMIT as at 22nd July 2008 was
?1,360m, representing a NAV of 411.14 pence per share.
In accordance with the Association of Investment Companies
recommendations, the cum-income NAV has been calculated based on
the total value of underlying assets, including accumulated or accrued
income, and using bid price information relating to the underlying assets.
The ex-income NAV has been calculated based on the total value of underlying
assets, excluding these income elements, and using bid price information
relating to the underlying assets.
The NAV of TEMIT is calculated daily at US close of markets using the latest
available closing bid prices in each market of investment.
However, where appropriate, these prices are adjusted to a fair value basis
having regard to a range of market triggers and proxies.
There was no material fair value adjustment of the assets as at US close to
report for today's NAVs.
For information please contact Client Dealer Services on freephone 0800 305
306 or Joe Winkley at UBS Limited (0207 567 8000). No representation or
warranty is made by UBS
Limited as to the accuracy or completeness of the information contained in
this announcement and no liability will be accepted for any loss arising from
its use. These figures have been prepared by Franklin Templeton Investment
and are their sole responsibility.
End of Announcement
