Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL--(Marketwired - Jul 2, 2013) - 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 May 31, 2013:

  • 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, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $846 billion in assets under management as of May 31, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

TEMPLETON EMERGING MARKETS FUND

AS OF MAY 31, 2013

TOTAL NET ASSETS: $380,151,166

NET ASSET VALUE PER SHARE: $21.07

OUTSTANDING SHARES: 18,039,115



ASSET ALLOCATION

PERCENT OF TOTAL NET ASSETS



TEN LARGEST POSITIONS

PERCENT OF TOTAL NET ASSETS

CASH & CASH EQUIVALENTS

1.0%

BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD

9.1%

EQUITY*

99.0%

DAIRY FARM INTERNATIONAL HOLDINGS LTD

5.4%

100.0%

TATA CONSULTANCY SERVICES LTD

4.3%

KIATNAKIN BANK PUBLIC CO LTD

4.2%

PT ASTRA INTERNATIONAL TBK

4.2%

KASIKORNBANK PCL

3.8%

BANCO BRADESCO SA

3.5%

VALE SA

3.4%

AKBANK TAS

3.4%

PETROLEO BRASILEIRO SA (PETROBRAS)

3.3%

44.6%



INTERNATIONAL ALLOCATION

PERCENT OF PORTFOLIO NET ASSETS



INDUSTRY ALLOCATION

PERCENT OF PORTFOLIO NET ASSETS

ASIA

71.1%

CONSUMER DISCRETIONARY

18.4%

CHINA

19.8%

AUTOMOBILES & COMPONENTS

16.4%

HONG KONG

9.1%

CONSUMER DURABLES & APPAREL

2.0%

INDIA

9.3%

CONSUMER STAPLES

8.3%

INDONESIA

6.5%

FOOD & STAPLES RETAILING

7.8%

PAKISTAN

3.1%

HOUSEHOLD & PERSONAL PRODUCTS

0.5%

SOUTH KOREA

5.1%

ENERGY

25.7%

THAILAND

12.4%

FINANCIALS

24.6%

TURKEY

5.8%

BANKS

23.3%

EUROPE

10.4%

REAL ESTATE

1.2%

AUSTRIA

1.2%

INDUSTRIALS

3.2%

HUNGARY

0.9%

CAPITAL GOODS

2.2%

POLAND

0.2%

TRANSPORTATION

1.0%

RUSSIA

6.8%

INFORMATION TECHNOLOGY

7.0%

UNITED KINGDOM

1.2%

SOFTWARE & SERVICES

4.8%

LATIN AMERICA

17.5%

TECHNOLOGY HARDWARE & EQUIPMENT

2.2%

BRAZIL

13.3%

MATERIALS

12.8%

MEXICO

2.4%

TOTAL EQUITY*

100.0%

PERU

1.9%

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 MAY 31, 2013

TOTAL NET ASSETS: $749,854,738

NET ASSET VALUE PER SHARE: $15.64

OUTSTANDING SHARES: 47,959,695



ASSET ALLOCATION

PERCENT OF TOTAL NET ASSETS



PORTFOLIO CHARACTERISTICS

CASH & CASH EQUIVALENTS

4.0%

WEIGHTED AVG. MATURITY

6.5120 yrs.

DERIVATIVES

1.1%

WEIGHTED AVG. DURATION

4.2246 yrs.

FIXED INCOME

94.9%

WEIGHTED AVG. COUPON

7.7098%

100.0%



NET CURRENCY DISTRIBUTION

PERCENT OF TOTAL NET ASSETS



COUNTRY DISTRIBUTION

PERCENT OF TOTAL NET ASSETS

ASIA

-0.4%

ASIA

13.4%

INDO RUPIAH

4.2%

INDIA

0.6%

JAPANESE YEN

-8.7%

INDONESIA

4.2%

MALAYSI RINGGIT

0.7%

SRI LANKA

4.0%

SOUTH KOREAN WON

0.9%

TURKEY

3.6%

SRI LANKA RUPEE

2.4%

VIETNAM

1.0%

EUROPE

0.5%

EUROPE

35.9%

EURO MON UNIT

-2.0%

BOSNIA AND HERZEGOVINA

0.7%

POLAND ZLOTY

0.7%

CROATIA

1.2%

SERBIAN DINAR

1.6%

GEORGIA

0.5%

UKRAINE HRYVNIA

0.2%

HUNGARY

4.9%

LATIN AMERICA

13.7%

KAZAKHSTAN

8.0%

BRAZILIAN REAL

8.9%

LATVIA

1.6%

MEXICAN PESO

4.8%

LITHUANIA

0.6%

MID-EAST/AFRICA

5.4%

ROMANIA

1.1%

GHANA CEDI NEW

4.2%

RUSSIA

6.9%

NIGERIAN NAIRA

1.2%

SERBIA

3.2%

NORTH AMERICA

81.0%

SLOVENIA

0.4%

US DOLLAR

81.0%

UKRAINE

6.8%

TOTAL

100.0%

LATIN AMERICA

24.0%

ARGENTINA

4.0%

BRAZIL

8.9%

EL SALVADOR

0.4%

MEXICO

7.6%

PERU

0.3%

TRINIDAD AND TOBAGO

0.8%

VENEZUELA

2.1%

MID-EAST/AFRICA

19.7%

GHANA

5.8%

IRAQ

3.3%

NIGERIA

1.2%

SOUTH AFRICA

2.9%

UNITED ARAB EMIRATES

4.0%

ZAMBIA

2.5%

OTHER

5.9%

SUPRANATIONAL

0.7%

CASH

4.0%

DERIVATIVES

1.2%

NORTH AMERICA

1.1%

UNITED STATES

1.1%

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 MAY 31, 2013

TOTAL NET ASSETS: $1,202,032,293

NET ASSET VALUE PER SHARE: $8.97

OUTSTANDING SHARES: 134,074,032



ASSET ALLOCATION

PERCENT OF TOTAL NET ASSETS



PORTFOLIO CHARACTERISTICS

CASH & CASH EQUIVALENTS

6.7%

WEIGHTED AVG. MATURITY

3.6513 yrs.

DERIVATIVES

2.6%

WEIGHTED AVG. DURATION

2.4054 yrs.

FIXED INCOME

90.6%

WEIGHTED AVG. COUPON

5.2454%

100.0%



NET CURRENCY DISTRIBUTION

PERCENT OF TOTAL NET ASSETS



COUNTRY DISTRIBUTION

PERCENT OF TOTAL NET ASSETS

ASIA

33.5%

ASIA

31.3%

INDIAN RUPEE

3.6%

INDONESIA

4.5%

INDO RUPIAH

4.5%

MALAYSIA

4.5%

JAPANESE YEN

-16.5%

PHILIPPINES

0.3%

MALAYSI RINGGIT

15.8%

SINGAPORE

2.1%

PHILIPPINE PESO

2.0%

SOUTH KOREA

16.3%

SINGAPORE DOLLAR

4.1%

SRI LANKA

2.7%

SOUTH KOREAN WON

17.2%

VIETNAM

0.9%

SRI LANKA RUPEE

2.7%

AUSTRALIA/NEW ZEALAND

3.8%

AUSTRALIA/NEW ZEALAND

3.8%

AUSTRALIA

3.8%

AUSTRALIAN DOLLAR

3.8%

EUROPE

34.8%

EUROPE

-2.8%

HUNGARY

4.2%

EURO MON UNIT

-29.4%

ICELAND

0.3%

HUNGARY FORINT

1.1%

IRELAND

9.6%

NORWEGIAN KRONE

0.8%

LITHUANIA

2.4%

POLAND ZLOTY

11.6%

POLAND

10.8%

SWEDISH KRONA

13.0%

RUSSIA

0.5%

LATIN AMERICA

28.8%

SERBIA

0.6%

BRAZILIAN REAL

8.5%

SLOVENIA

0.4%

CHILEAN PESO

7.3%

SWEDEN

4.3%

MEXICAN PESO

9.2%

UKRAINE

1.6%

PERU NUEVO SOL

3.7%

LATIN AMERICA

17.5%

MID-EAST/AFRICA

1.7%

BRAZIL

8.5%

ISRAELI SHEKEL

1.7%

MEXICO

4.8%

NORTH AMERICA

35.1%

PERU

3.7%

US DOLLAR

35.1%

VENEZUELA

0.5%

TOTAL

100.0%

MID-EAST/AFRICA

1.7%

ISRAEL

1.7%

NORTH AMERICA

-0.4%

UNITED STATES

-0.4%

OTHER

11.3%

SUPRANATIONAL

1.4%

CASH

6.7%

DERIVATIVES

3.2%

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.

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