Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL--(Marketwired - Apr 24, 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 March 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 Dragon Fund, Inc. (NYSE: TDF)
Templeton Global Income Fund (NYSE: GIM)
Templeton Russia and East European Fund, Inc. (NYSE: TRF)

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 $823 billion in assets under management as of March 31, 2013. For more information, please call 1-800/DIAL BEN^® or visit franklintempleton.com.

TEMPLETON DRAGON FUND, INC.
AS OF MARCH 31, 2013
TOTAL NET ASSETS: $1,161,951,288
NET ASSET VALUE PER SHARE: $30.96
OUTSTANDING SHARES: 37,531,042
ASSET ALLOCATION		PERCENT OF TOTAL NET ASSETS		TEN LARGEST POSITIONS		PERCENT OF TOTAL NET ASSETS
CASH & OTHER		1.6%		DAIRY FARM INTERNATIONAL HOLDINGS LTD		18.9%
EQUITY*		98.4%		CHINA PETROLEUM & CHEMICAL CORP (SINOPEC)		9.6%
		100.0%		CNOOC LTD		6.4%
				PETROCHINA CO LTD		6.0%
				TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD		4.5%
				CHINA MOBILE LTD		4.1%
				CHEUNG KONG INFRASTRUCTURE HOLDINGS LTD		3.5%
				CHINA CONSTRUCTION BANK		3.3%
				CHINA SHENHUA ENERGY CO LTD		2.3%
				BANK OF CHINA LTD		2.3%
						60.9%

INTERNATIONAL ALLOCATION			PERCENT OF TOTAL NET ASSETS		INDUSTRY ALLOCATION			PERCENT OF TOTAL NET ASSETS
ASIA			100.0%		CONSUMER DISCRETIONARY			9.1%
	CHINA		60.7%			AUTOMOBILES & COMPONENTS		6.7%
	HONG KONG		28.1%			CONSUMER DURABLES & APPAREL		0.3%
	TAIWAN		11.2%			CONSUMER SERVICES		0.4%
TOTAL EQUITY*			100.0%			RETAILING		1.7%
					CONSUMER STAPLES			23.2%
						FOOD & STAPLES RETAILING		20.8%
						FOOD BEVERAGE & TOBACCO		2.3%
					ENERGY			27.0%
					FINANCIALS			11.5%
						BANKS		8.8%
						INSURANCE		0.7%
						REAL ESTATE		2.0%
					HEALTH CARE			0.6%
						PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		0.6%
					INDUSTRIALS			5.5%
						CAPITAL GOODS		4.2%
						TRANSPORTATION		1.4%
					INFORMATION TECHNOLOGY			9.9%
						SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		5.3%
						SOFTWARE & SERVICES		1.0%
						TECHNOLOGY HARDWARE & EQUIPMENT		3.5%
					MATERIALS			4.5%
					TELECOMMUNICATION SERVICES			4.8%
					UTILITIES			3.8%
					TOTAL NET ASSETS			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 GLOBAL INCOME FUND
AS OF MARCH 31, 2013
TOTAL NET ASSETS: $1,227,416,111
NET ASSET VALUE PER SHARE: $9.16
OUTSTANDING SHARES: 134,040,990
ASSET ALLOCATION		PERCENT OF TOTAL NET ASSETS		PORTFOLIO CHARACTERISTICS
CASH & OTHER		11.3%		WEIGHTED AVG. MATURITY		3.8276 yrs.
FIXED INCOME		88.7%		WEIGHTED AVG. DURATION		2.5620 yrs.
		100.0%		WEIGHTED AVG. COUPON		5.3799%

NET CURRENCY DISTRIBUTION			PERCENT OF TOTAL NET ASSETS		COUNTRY DISTRIBUTION			PERCENT OF TOTAL NET ASSETS
ASIA			33.1%		ASIA			30.9%
	INDIAN RUPEE		3.7%			INDONESIA		4.5%
	INDO RUPIAH		4.5%			MALAYSIA		4.9%
	JAPANESE YEN		-17.3%			PHILIPPINES		0.3%
	MALAYSI RINGGIT		15.9%			SINGAPORE		2.1%
	PHILIPPINE PESO		3.0%			SOUTH KOREA		15.7%
	SOUTH KOREAN WON		16.6%			SRI LANKA		2.5%
	SINGAPORE DOLLAR		4.1%			VIETNAM		0.9%
	SRI LANKA RUPEE		2.5%		AUSTRALIA/NEW ZEALAND			4.0%
AUSTRALIA/NEW ZEALAND			4.0%			AUSTRALIA		4.0%
	AUSTRALIAN DOLLAR		4.0%		EUROPE			33.7%
EUROPE			-1.4%			HUNGARY		3.8%
	EURO		-28.9%			ICELAND		0.3%
	HUNGARY FORINT		1.0%			IRELAND		8.9%
	NORWEGIAN KRONE		1.8%			LITHUANIA		2.4%
	POLAND ZLOTY		11.7%			POLAND		10.9%
	SWEDISH KRONA		13.0%			RUSSIA		0.6%
LATIN AMERICA			29.8%			SERBIA		0.5%
	BRAZILIAN REAL		9.2%			SLOVENIA		0.3%
	CHILEAN PESO		7.6%			SWEDEN		4.4%
	MEXICAN PESO		9.1%			UKRAINE		1.5%
	PERU NUEVO SOL		4.0%		LATIN AMERICA			18.5%
MID-EAST/AFRICA			1.7%			BRAZIL		9.2%
	ISRAELI SHEKEL		1.7%			MEXICO		4.9%
NORTH AMERICA			32.8%			PERU		4.0%
	US DOLLAR		32.8%			VENEZUELA		0.5%
TOTAL			100.0%		MID-EAST/AFRICA			1.7%
						ISRAEL		1.7%
					NORTH AMERICA			-0.5%
						UNITED STATES		-0.5%
					OTHER			11.8%
						SUPRANATIONAL		2.5%
						CASH		5.7%
						DERIVATIVES		3.6%
					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 RUSSIA AND EAST EUROPEAN FUND, INC.
AS OF MARCH 31, 2013
TOTAL NET ASSETS: $92,064,560
NET ASSET VALUE PER SHARE: $16.20
OUTSTANDING SHARES: 5,682,174
ASSET ALLOCATION		PERCENT OF TOTAL NET ASSETS		TEN LARGEST POSITIONS		PERCENT OF TOTAL NET ASSETS
CASH & OTHER		5.5%		SBERBANK OF RUSSIA		16.9%
EQUITY*		94.5%		GLOBALTRANS INVESTMENT PLC		8.6%
		100.0%		MHP SA		7.3%
				VEROPHARM		5.2%
				LUKOIL HOLDINGS		5.1%
				CTC MEDIA INC		4.9%
				PHOSAGRO OAO		4.9%
				GAZPROM		4.6%
				KCELL JSC		4.5%
				MMC NORILSK NICKEL OJSC		4.4%
						66.4%

INTERNATIONAL ALLOCATION			PERCENT OF TOTAL NET ASSETS		INDUSTRY ALLOCATION			PERCENT OF TOTAL NET ASSETS
EUROPE			99.0%		CONSUMER DISCRETIONARY			5.2%
	GEORGIA		2.8%			MEDIA		5.2%
	HUNGARY		5.1%		CONSUMER STAPLES			14.2%
	KAZAKHSTAN		7.0%			FOOD & STAPLES RETAILING		5.4%
	RUSSIA		75.3%			FOOD BEVERAGE & TOBACCO		8.8%
	UKRAINE		8.8%		ENERGY			21.0%
MID-EAST/AFRICA			1.0%		FINANCIALS			21.7%
	TURKMENISTAN		1.0%			BANKS		21.7%
TOTAL EQUITY*			100.0%		HEALTH CARE			8.5%
						PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		8.5%
					INDUSTRIALS			9.1%
						TRANSPORTATION		9.1%
					MATERIALS			13.5%
					TELECOMMUNICATION SERVICES			6.8%
					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.