October 04, 2012 at 10:12 AM EDT
Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL -- (Marketwire) -- 10/04/12 -- The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of August 31, 2012:

  • Asset Allocation
  • Ten Largest Positions/Portfolio Characteristics
  • International Allocation/Net Currency Distribution
  • Industry Allocation/Country Distribution

To obtain a copy of the updates, please contact Fund Information at 1-800-342-5236.

Templeton closed-end Funds:

Templeton Emerging Markets Fund (NYSE: EMF)
Templeton Emerging Markets Income Fund (NYSE: TEI)
Templeton Global Income Fund (NYSE: GIM)

The Funds' investment managers are subsidiaries of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and approximately $731 billion in assets under management as of August 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.


                       TEMPLETON EMERGING MARKETS FUND
                            AS OF AUGUST 31, 2012
                       TOTAL NET ASSETS: $347,999,352
                      NET ASSET VALUE PER SHARE: $19.24

                   PERCENT OF                                     PERCENT OF
                   TOTAL NET                                      TOTAL NET
ASSET ALLOCATION     ASSETS    TEN LARGEST POSITIONS                ASSETS
-----------------------------  ---------------------------------------------
CASH & OTHER             0.7%  BRILLIANCE CHINA AUTOMOTIVE
                               HOLDINGS LTD                             8.9%
EQUITY*                 99.3%  DAIRY FARM INTERNATIONAL
                               HOLDINGS LTD                             5.0%
                  -----------
                       100.0%  VALE SA                                  4.5%
                               PT ASTRA INTERNATIONAL TBK               4.5%
                               AKBANK TAS                               4.5%
                               TATA CONSULTANCY SERVICES LTD            4.3%
                               PETROLEO BRASILEIRO SA
                               (PETROBRAS)                              4.0%
                               BANCO BRADESCO SA                        3.6%
                               BANK CENTRAL ASIA TBK                    3.5%
                               KASIKORNBANK PCL                         3.5%
                                                                 -----------
                                                                       46.3%

                   PERCENT OF                                     PERCENT OF
INTERNATIONAL      PORTFOLIO                                      PORTFOLIO
ALLOCATION         NET ASSETS  INDUSTRY ALLOCATION                NET ASSETS
-----------------------------  ---------------------------------------------
ASIA                    71.1%  CONSUMER DISCRETIONARY                  17.3%
-----------------------------  ---------------------------------------------
  CHINA                 18.3%    AUTOMOBILES & COMPONENTS              15.6%
  HONG KONG              7.9%    CONSUMER DURABLES & APPAREL            1.7%
                               ---------------------------------------------
  INDIA                  9.3%  CONSUMER STAPLES                         7.9%
                               ---------------------------------------------
  INDONESIA              8.6%    FOOD & STAPLES RETAILING               7.4%
  PAKISTAN               2.4%    HOUSEHOLD & PERSONAL PRODUCTS          0.5%
                               ---------------------------------------------
  SOUTH KOREA            5.7%  ENERGY                                  26.4%
                               ---------------------------------------------
  THAILAND              12.2%  FINANCIALS                              25.2%
                               ---------------------------------------------
  TURKEY                 6.7%    BANKS                                 24.3%
-----------------------------
EUROPE                  10.4%    REAL ESTATE                            1.0%
-----------------------------  ---------------------------------------------
  AUSTRIA                0.9%  INDUSTRIALS                              2.5%
                               ---------------------------------------------
  HUNGARY                1.0%    CAPITAL GOODS                          1.8%
  POLAND                 0.1%    TRANSPORTATION                         0.7%
                               ---------------------------------------------
  RUSSIA                 6.8%  INFORMATION TECHNOLOGY                   6.4%
                               ---------------------------------------------
  UNITED KINGDOM         1.6%    SOFTWARE & SERVICES                    4.3%
-----------------------------
                                 TECHNOLOGY HARDWARE &
LATIN AMERICA           17.5%    EQUIPMENT                              2.0%
-----------------------------  ---------------------------------------------
  BRAZIL                15.1%  MATERIALS                               14.3%
                               ---------------------------------------------
  MEXICO                 2.3%  TOTAL EQUITY*                          100.0%
-----------------------------  ---------------------------------------------
MID-EAST/AFRICA          1.0%
-----------------------------
  JORDAN                 0.3%
  SOUTH AFRICA           0.6%
-----------------------------
TOTAL EQUITY*          100.0%
-----------------------------

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. Since markets can go up and down, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The industry allocation uses MSCI's industry definitions for the convenience of comparison. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The Fund's portfolio is actively managed and investment allocations can be expected to change. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

* EQUITY INCLUDES CONVERTIBLE AND PREFERRED SECURITIES.


                   TEMPLETON EMERGING MARKETS INCOME FUND
                            AS OF AUGUST 31, 2012
                       TOTAL NET ASSETS: $759,035,154
                      NET ASSET VALUE PER SHARE: $15.91

                   PERCENT OF
                   TOTAL NET
ASSET ALLOCATION     ASSETS    PORTFOLIO CHARACTERISTICS
-----------------------------  ---------------------------------------------
CASH & OTHER             6.4%  WEIGHTED AVG. MATURITY            7.3123 yrs.
FIXED INCOME            93.6%  WEIGHTED AVG. DURATION            4.5474 yrs.
                  -----------
                       100.0%  WEIGHTED AVG. COUPON              7.9166%


                   PERCENT OF                                     PERCENT OF
NET CURRENCY       TOTAL NET                                      TOTAL NET
DISTRIBUTION         ASSETS    COUNTRY DISTRIBUTION                 ASSETS
-----------------------------  ---------------------------------------------
ASIA                    -3.3%  ASIA                                    12.4%
-----------------------------  ---------------------------------------------
  INDO RUPIAH            4.2%    INDIA                                  0.5%
  JAPANESE YEN         -11.0%    INDONESIA                              4.4%
  MALAYSI
  RINGGIT                0.7%    SRI LANKA                              3.5%
  SOUTH KOREAN
  WON                    0.8%    TURKEY                                 3.0%
  SRI LANKA
  RUPEE                  2.0%    VIETNAM                                1.0%
-----------------------------  ---------------------------------------------
EUROPE                   3.0%  EUROPE                                  35.7%
-----------------------------  ---------------------------------------------
  DEUTSCHE MARK          0.6%    BOSNIA AND HERZEGOVINA                 0.6%
  EURO MON UNIT         -2.6%    CROATIA                                1.1%
  POLAND ZLOTY           0.6%    GEORGIA                                0.5%
  SERBIAN DINAR          1.0%    HUNGARY                                2.6%
  UKRAINE
  HRYVNIA                3.4%    KAZAKHSTAN                             7.9%
-----------------------------
LATIN AMERICA           13.9%    LATVIA                                 1.6%
-----------------------------
  BRAZILIAN REAL         9.3%    LITHUANIA                              1.7%
  MEXICAN PESO           4.6%    ROMANIA                                1.0%
-----------------------------
MID-EAST/AFRICA          4.4%    RUSSIA                                 6.8%
-----------------------------
  GHANA CEDI NEW         3.3%    SERBIA                                 2.5%
  NIGERIAN NAIRA         1.1%    UKRAINE                                9.4%
-----------------------------  ---------------------------------------------
NORTH AMERICA           82.0%  LATIN AMERICA                           26.3%
-----------------------------  ---------------------------------------------
  US DOLLAR             82.0%    ARGENTINA                              5.6%
-----------------------------
TOTAL                  100.0%    BRAZIL                                 9.3%
-----------------------------
                                 COLOMBIA                               0.9%
                                 EL SALVADOR                            0.4%
                                 MEXICO                                 7.0%
                                 PERU                                   0.3%
                                 TRINIDAD AND TOBAGO                    0.8%
                                 VENEZUELA                              2.0%
                               ---------------------------------------------
                               MID-EAST/AFRICA                         17.7%
                               ---------------------------------------------
                                 GHANA                                  5.2%
                                 IRAQ                                   5.2%
                                 NIGERIA                                1.1%
                                 SOUTH AFRICA                           2.6%
                                 UNITED ARAB EMIRATES                   3.7%
                               ---------------------------------------------
                               OTHER                                    6.0%
                               ---------------------------------------------
                                 SUPRANATIONAL                          0.7%
                                 CASH                                   4.9%
                                 DERIVATIVES                            0.3%
                               ---------------------------------------------
                               NORTH AMERICA                            1.8%
                               ---------------------------------------------
                                 UNITED STATES                          1.8%
                               ---------------------------------------------
                               TOTAL                                  100.0%
                               ---------------------------------------------

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. Since markets can go up and down, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.


                        TEMPLETON GLOBAL INCOME FUND
                            AS OF AUGUST 31, 2012
                      TOTAL NET ASSETS: $1,208,791,027
                      NET ASSET VALUE PER SHARE: $9.08

                   PERCENT OF
                   TOTAL NET
ASSET ALLOCATION     ASSETS    PORTFOLIO CHARACTERISTICS
-----------------------------  ---------------------------------------------
CASH & OTHER             8.8%  WEIGHTED AVG. MATURITY            3.8293 yrs.
FIXED INCOME            91.2%  WEIGHTED AVG. DURATION            2.5280 yrs.
                  -----------
                       100.0%  WEIGHTED AVG. COUPON              5.4584%


                   PERCENT OF                                     PERCENT OF
NET CURRENCY        TOTAL NET                                      TOTAL NET
DISTRIBUTION           ASSETS  COUNTRY DISTRIBUTION                   ASSETS
-----------------------------  ---------------------------------------------
ASIA                    29.1%  ASIA                                    30.4%
-----------------------------  ---------------------------------------------
  INDIAN RUPEE           3.7%    INDONESIA                              4.6%
  INDO RUPIAH            4.6%    MALAYSIA                               4.9%
  JAPANESE YEN         -21.1%    PHILIPPINES                            0.2%
  MALAYSI
  RINGGIT               14.1%    SINGAPORE                              2.1%
  PHILIPPINE
  PESO                   4.8%    SOUTH KOREA                           15.5%
  SINGAPORE
  DOLLAR                 4.2%    SRI LANKA                              2.2%
  SOUTH KOREAN
  WON                   16.6%    VIETNAM                                0.8%
                               ---------------------------------------------
  SRI LANKA
  RUPEE                  2.2%  AUSTRALIA/NEW ZEALAND                    6.9%
-----------------------------  ---------------------------------------------
AUSTRALIA/NEW
ZEALAND                  9.3%    AUSTRALIA                              6.9%
-----------------------------  ---------------------------------------------
  AUSTRALIAN
  DOLLAR                 9.3%  EUROPE                                  31.9%
-----------------------------  ---------------------------------------------
EUROPE                  -2.3%    HUNGARY                                3.7%
-----------------------------
  EURO MON UNIT        -32.0%    ICELAND                                0.3%
  HUNGARY FORINT         1.0%    IRELAND                                8.0%
  NORWEGIAN
  KRONE                  4.4%    LITHUANIA                              2.4%
  POLAND ZLOTY          11.3%    POLAND                                10.6%
  SWEDISH KRONA         13.0%    RUSSIA                                 0.6%
-----------------------------
LATIN AMERICA           28.1%    SWEDEN                                 4.9%
-----------------------------
  BRAZILIAN REAL         9.0%    UKRAINE                                1.5%
                               ---------------------------------------------
  CHILEAN PESO           7.7%  LATIN AMERICA                           18.4%
                               ---------------------------------------------
  MEXICAN PESO           7.6%    BRAZIL                                 9.0%
  PERU NUEVO SOL         3.9%    MEXICO                                 5.0%
-----------------------------
MID-EAST/AFRICA          4.3%    PERU                                   3.9%
-----------------------------
  ISRAELI SHEKEL         4.3%    VENEZUELA                              0.6%
-----------------------------  ---------------------------------------------
NORTH AMERICA           31.5%  MID-EAST/AFRICA                          2.5%
-----------------------------  ---------------------------------------------
  US DOLLAR             31.5%    ISRAEL                                 2.5%
-----------------------------  ---------------------------------------------
TOTAL                  100.0%  NORTH AMERICA                           -0.7%
-----------------------------  ---------------------------------------------
                                 UNITED STATES                         -0.7%
                               ---------------------------------------------
                               OTHER                                   10.6%
                               ---------------------------------------------
                                 SUPRANATIONAL                          2.4%
                                 CASH                                   6.6%
                                 DERIVATIVES                            1.7%
                               ---------------------------------------------
                               TOTAL                                  100.0%
                               ---------------------------------------------

You may request a copy of the Fund's current Report to Shareholders by contacting Franklin Templeton's Fund Information Department at 1-800/DIAL BEN® (1-800-342-5236) or by visiting franklintempleton.com. Since markets can go up and down, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change. This press release contains statistical data regarding the Fund's portfolio. The Fund's complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Fund's Annual and Semi-Annual Reports to Shareholders filed with the U.S. Securities and Exchange Commission. These documents may be found at sec.gov. For portfolio management discussions, including information regarding the Fund's investment strategies, please view the most recent Annual or Semi-Annual Report to Shareholders which can be found at franklintempleton.com or sec.gov.

For more information, please contact
Franklin Templeton Investments
1-800-342-5236

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