NTA as at 04th September 2008
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|
Templeton Emerging Markets Plc (TEM) | 8:34 am, Monday 8 September 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 4th September
2008 was ?1,339m, representing a NAV of 404.59 pence per share.
The unaudited ex-income NAV of TEMIT as at 4th September 2008 was ?1,322m,
representing a NAV of 399.46 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
