Templeton Releases Closed-End Fund's Portfolio Allocation Update

• Press Release
• Source: Franklin Templeton
• On 9:48 am EDT, Wednesday August 19, 2009

FORT LAUDERDALE, FL--(Marketwire - 08/19/09) - The Templeton closed-end Fund referenced below, which trades on the New York Stock Exchange, today released a portfolio allocation update containing the following information as of July 31, 2009:

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--  Asset Allocation
--  Portfolio Characteristics
--  Net Currency Distribution
--  Country Distribution
    

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

Templeton closed-end Fund:

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                Templeton Global Income Fund (NYSE: GIM)

The Fund's investment manager is a subsidiary of Franklin Resources, Inc. (NYSE:BEN - News), 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 over $482 billion in assets under management as of July 31, 2009. For more information, please call 1-800/DIAL BEN� or visit franklintempleton.com.

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                       TEMPLETON GLOBAL INCOME FUND
                            AS OF JULY 31, 2009
                     TOTAL NET ASSETS: $1,166,761,611
                     NET ASSET VALUE PER SHARE: $8.89



                        PERCENT OF
                        TOTAL NET
ASSET ALLOCATION         ASSETS      PORTFOLIO CHARACTERISTICS
----------------       ----------    ---------------------------- --------
CASH & OTHER                  1.8%   WEIGHTED AVG. CREDIT QUALITY       A-
FIXED INCOME                 98.2%   WEIGHTED AVG. MATURITY      9.34 yrs.
                       ----------    WEIGHTED AVG. DURATION     6.327 yrs.
                            100.0%   WEIGHTED AVG. COUPON           6.672%



                          PERCENT OF                             PERCENT OF
                           TOTAL NET                              TOTAL NET
NET CURRENCY DISTRIBUTION   ASSETS   COUNTRY DISTRIBUTION          ASSETS
-------------------------  --------  --------------------------   --------
ASIA                           38.0% ASIA                             26.1%
  CHINESE YUAN                  8.9%   INDONESIA                      10.2%
  INDIAN RUPEE                  4.5%   MALAYSIA                        0.6%
  INDO RUPIAH                   9.7%   PHILIPPINES                     0.1%
  JAPANESE YEN                 -0.1%   SOUTH KOREA                    15.1%
  MALAYSI RINGGIT              14.9% AUSTRALIA/NEW ZEALAND             8.5%
  SOUTH KOREAN WON             13.6%   AUSTRALIA                       7.4%
  SINGAPORE DOLLAR            -13.9%   NEW ZEALAND                     1.1%
  VIETNAM DONG                  0.5% EUROPE                           25.6%
AUSTRALIA/NEW ZEALAND          -8.3%   FRANCE                          3.0%
  AUSTRALIAN DOLLAR             3.0%   HUNGARY                         2.3%
  NEW ZEALAND DOLLAR          -11.3%   POLAND                          9.3%
EUROPE                         12.4%   RUSSIA                          6.3%
  EURO                        -12.1%   SWEDEN                          4.7%
  KAZAKHSTAN TENGE              0.4% LATIN AMERICA                    21.2%
  NORWEGIAN KRONE               1.7%   ARGENTINA                       3.3%
  POLAND ZLOTY                  8.6%   BRAZIL                          7.4%
  RUSSIAN RUBLE                 2.5%   MEXICO                          4.7%
  SWEDISH KRONA                11.0%   PERU                            3.6%
  SWISS FRANC                   0.3%   VENEZUELA                       2.2%
LATIN AMERICA                  19.4% MID-EAST/AFRICA                   5.7%
  BRAZILIAN REAL                6.6%   EGYPT                           1.0%
  CHILEAN PESO                  5.6%   QATAR                           1.0%
  MEXICAN PESO                  3.7%   SOUTH AFRICA                    2.8%
  PERU NUEVO SOL                3.6%   UNITED ARAB EMIRATES            1.0%
MID-EAST/AFRICA                 1.0% NORTH AMERICA                     6.6%
  EGYPTIAN POUND                1.0%   CANADA                          1.3%
NORTH AMERICA                  37.5%   UNITED STATES                   5.3%
  US DOLLAR                    37.5% OTHER                             6.3%
TOTAL                         100.0%   SUPRANATIONAL                   4.3%
                                       CASH                            2.5%
                                       DERIVATIVES                    -0.5%
                                     TOTAL                           100.0%

You may request a copy of the Fund's current Report to Shareholders by contacting Fund Information at 1-800/DIAL BEN� (1-800-342-5236). Since markets can go down as well as up, 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.

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