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Templeton Releases Closed-End Funds' Portfolio Allocation Updates

BEN, EMF, TEI, SABA
Templeton Releases Closed-End Funds' Portfolio Allocation Updates
http://media.marketwire.com/attachments/201102/36092_franklogo.jpghttp://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=999273&ProfileId=051205&sourceType=1

FORT LAUDERDALE, FL -- (Marketwire) -- 03/21/13 -- 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 February 28, 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 $813 billion in assets under management as of February 28, 2013. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.


                      TEMPLETON EMERGING MARKETS FUND
                          AS OF FEBRUARY 28, 2013
                       TOTAL NET ASSETS: $404,016,923
                     NET ASSET VALUE PER SHARE: $22.38
                       OUTSTANDING SHARES: 18,051,115

                  PERCENT                                          PERCENT
                  OF TOTAL                                         OF TOTAL
                    NET                                              NET
ASSET ALLOCATION   ASSETS   TEN LARGEST POSITIONS                   ASSETS
--------------------------- ------------------------------------------------
                            BRILLIANCE CHINA AUTOMOTIVE HOLDINGS
CASH & OTHER           2.0% LTD                                        10.3%
EQUITY*               98.0% DAIRY FARM INTERNATIONAL HOLDINGS LTD       5.3%
                 ----------
                     100.0% PT ASTRA INTERNATIONAL TBK                  4.5%
                            VALE SA                                     4.4%
                            TATA CONSULTANCY SERVICES LTD               4.3%
                            KIATNAKIN BANK PUBLIC CO LTD                4.1%
                            KASIKORNBANK PCL                            4.1%
                            BANCO BRADESCO SA                           3.4%
                            AKBANK TAS                                  3.3%
                            PETROCHINA CO LTD                           3.1%
                                                                  ----------
                                                                       46.6%



                  PERCENT                                          PERCENT
                     OF                                               OF
                 PORTFOLIO                                        PORTFOLIO
INTERNATIONAL       NET                                              NET
 ALLOCATION        ASSETS   INDUSTRY ALLOCATION                     ASSETS
--------------------------- ------------------------------------------------
ASIA                  71.9% CONSUMER DISCRETIONARY                     18.9%
--------------------------- ------------------------------------------------
  CHINA               20.3%   AUTOMOBILES & COMPONENTS                 17.3%
  HONG KONG            8.1%   CONSUMER DURABLES & APPAREL               1.6%
                            ------------------------------------------------
  INDIA                8.8% CONSUMER STAPLES                            8.2%
                            ------------------------------------------------
  INDONESIA            8.2%   FOOD & STAPLES RETAILING                  7.8%
  PAKISTAN             2.4%   HOUSEHOLD & PERSONAL PRODUCTS             0.4%
                            ------------------------------------------------
  SOUTH KOREA          5.5% ENERGY                                     26.5%
                            ------------------------------------------------
  THAILAND            12.9% FINANCIALS                                 25.4%
                            ------------------------------------------------
  TURKEY               5.7%   BANKS                                    24.2%
---------------------------
EUROPE                11.2%   REAL ESTATE                               1.3%
--------------------------- ------------------------------------------------
  AUSTRIA              1.1% INDUSTRIALS                                 2.9%
                            ------------------------------------------------
  HUNGARY              0.9%   CAPITAL GOODS                             2.0%
  POLAND               0.2%   TRANSPORTATION                            0.9%
                            ------------------------------------------------
  RUSSIA               7.6% INFORMATION TECHNOLOGY                      6.0%
                            ------------------------------------------------
  UNITED KINGDOM       1.4%   SOFTWARE & SERVICES                       4.3%
---------------------------
LATIN AMERICA         16.1%   TECHNOLOGY HARDWARE & EQUIPMENT           1.7%
--------------------------- ------------------------------------------------
  BRAZIL              13.7% MATERIALS                                  12.0%
                            ------------------------------------------------
  MEXICO               2.4% TOTAL EQUITY*                             100.0%
--------------------------- ------------------------------------------------
MID-EAST/AFRICA        0.8%
---------------------------
  JORDAN               0.3%
  SOUTH AFRICA         0.5%
---------------------------
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 FEBRUARY 28, 2013
                       TOTAL NET ASSETS: $768,873,837
                      NET ASSET VALUE PER SHARE: $16.04
                       OUTSTANDING SHARES: 47,923,245

                             PERCENT OF
                             TOTAL NET  PORTFOLIO
ASSET ALLOCATION               ASSETS   CHARACTERISTICS
--------------------------------------- ------------------------------------
CASH & OTHER                       6.6% WEIGHTED AVG. MATURITY   6.8699 yrs.
FIXED INCOME                      93.4% WEIGHTED AVG. DURATION   4.4070 yrs.
                            -----------
                                 100.0% WEIGHTED AVG. COUPON     7.6567%

                             PERCENT OF                           PERCENT OF
                             TOTAL NET                            TOTAL NET
NET CURRENCY DISTRIBUTION      ASSETS   COUNTRY DISTRIBUTION        ASSETS
--------------------------------------- ------------------------------------
ASIA                              -1.0% ASIA                           13.3%
--------------------------------------- ------------------------------------
  INDO RUPIAH                      4.4%   INDIA                         0.6%
  JAPANESE YEN                    -9.2%   INDONESIA                     4.4%
  MALAYSI RINGGIT                  0.7%   SRI LANKA                     3.8%
  SOUTH KOREAN WON                 0.9%   TURKEY                        3.6%
  SRI LANKA RUPEE                  2.2%   VIETNAM                       1.0%
--------------------------------------- ------------------------------------
EUROPE                             0.3% EUROPE                         35.1%
--------------------------------------- ------------------------------------
  EURO MON UNIT                   -2.1%   BOSNIA AND HERZEGOVINA        0.6%
  POLAND ZLOTY                     0.7%   CROATIA                       1.2%
  SERBIAN DINAR                    1.6%   GEORGIA                       0.5%
  UKRAINE HRYVNIA                  0.2%   HUNGARY                       4.7%
---------------------------------------
LATIN AMERICA                     14.7%   KAZAKHSTAN                    8.0%
---------------------------------------
  BRAZILIAN REAL                   9.9%   LATVIA                        1.6%
  MEXICAN PESO                     4.8%   LITHUANIA                     0.6%
---------------------------------------
MID-EAST/AFRICA                    4.7%   ROMANIA                       1.0%
---------------------------------------
  GHANA CEDI NEW                   3.5%   RUSSIA                        6.9%
  NIGERIAN NAIRA                   1.2%   SERBIA                        3.2%
---------------------------------------
NORTH AMERICA                     81.2%   UKRAINE                       6.8%
--------------------------------------- ------------------------------------
  US DOLLAR                       81.2% LATIN AMERICA                  25.3%
--------------------------------------- ------------------------------------
TOTAL                            100.0%   ARGENTINA                     3.8%
---------------------------------------
                                          BRAZIL                        9.9%
                                          EL SALVADOR                   0.4%
                                          MEXICO                        8.0%
                                          PERU                          0.3%
                                          TRINIDAD AND TOBAGO           0.8%
                                          VENEZUELA                     2.0%
                                        ------------------------------------
                                        MID-EAST/AFRICA                19.1%
                                        ------------------------------------
                                          GHANA                         5.3%
                                          IRAQ                          3.3%
                                          NIGERIA                       1.2%
                                          SOUTH AFRICA                  2.8%
                                          UNITED ARAB EMIRATES          3.9%
                                          ZAMBIA                        2.7%
                                        ------------------------------------
                                        OTHER                           5.9%
                                        ------------------------------------
                                          SUPRANATIONAL                 0.7%
                                          CASH                          4.7%
                                          DERIVATIVES                   0.5%
                                        ------------------------------------
                                        NORTH AMERICA                   1.3%
                                        ------------------------------------
                                          UNITED STATES                 1.3%
                                        ------------------------------------
                                        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 FEBRUARY 28, 2013
                      TOTAL NET ASSETS: $1,230,672,054
                      NET ASSET VALUE PER SHARE: $9.19
                       OUTSTANDING SHARES: 134,007,303

                             PERCENT OF
                             TOTAL NET  PORTFOLIO
ASSET ALLOCATION               ASSETS   CHARACTERISTICS
--------------------------------------- ------------------------------------
CASH & OTHER                      10.3% WEIGHTED AVG. MATURITY   3.9358 yrs.
FIXED INCOME                      89.7% WEIGHTED AVG. DURATION   2.5942 yrs.
                            -----------
                                 100.0% WEIGHTED AVG. COUPON     5.3823%

                             PERCENT OF                           PERCENT OF
                             TOTAL NET                            TOTAL NET
NET CURRENCY DISTRIBUTION      ASSETS   COUNTRY DISTRIBUTION        ASSETS
--------------------------------------- ------------------------------------
ASIA                              33.2% ASIA                           31.2%
--------------------------------------- ------------------------------------
  INDIAN RUPEE                     3.7%   INDONESIA                     4.6%
  INDO RUPIAH                      4.6%   MALAYSIA                      4.8%
  JAPANESE YEN                   -17.5%   PHILIPPINES                   0.3%
  MALAYSI RINGGIT                 15.8%   SINGAPORE                     2.1%
  PHILIPPINE PESO                  3.0%   SOUTH KOREA                  16.1%
  SINGAPORE DOLLAR                 4.1%   SRI LANKA                     2.5%
  SOUTH KOREAN WON                17.0%   VIETNAM                       0.9%
                                        ------------------------------------
  SRI LANKA RUPEE                  2.5% AUSTRALIA/NEW ZEALAND           3.9%
--------------------------------------- ------------------------------------
AUSTRALIA/NEW ZEALAND              3.9%   AUSTRALIA                     3.9%
--------------------------------------- ------------------------------------
  AUSTRALIAN DOLLAR                3.9% EUROPE                         34.3%
--------------------------------------- ------------------------------------
EUROPE                            -1.4%   HUNGARY                       4.0%
---------------------------------------
  EURO MON UNIT                  -29.2%   ICELAND                       0.3%
  HUNGARY FORINT                   1.0%   IRELAND                       9.2%
  NORWEGIAN KRONE                  1.9%   LITHUANIA                     2.4%
  POLAND ZLOTY                    11.9%   POLAND                       11.0%
  SWEDISH KRONA                   13.1%   RUSSIA                        0.5%
---------------------------------------
LATIN AMERICA                     29.7%   SERBIA                        0.6%
---------------------------------------
  BRAZILIAN REAL                   9.4%   SLOVENIA                      0.3%
  CHILEAN PESO                     7.6%   SWEDEN                        4.4%
  MEXICAN PESO                     8.8%   UKRAINE                       1.6%
                                        ------------------------------------
  PERU NUEVO SOL                   4.0% LATIN AMERICA                  18.6%
--------------------------------------- ------------------------------------
MID-EAST/AFRICA                    1.6%   BRAZIL                        9.4%
---------------------------------------
  ISRAELI SHEKEL                   1.6%   MEXICO                        4.7%
---------------------------------------
NORTH AMERICA                     32.9%   PERU                          4.0%
---------------------------------------
  US DOLLAR                       32.9%   VENEZUELA                     0.5%
--------------------------------------- ------------------------------------
TOTAL                            100.0% MID-EAST/AFRICA                 1.6%
--------------------------------------- ------------------------------------
                                          ISRAEL                        1.6%
                                        ------------------------------------
                                        NORTH AMERICA                  -0.5%
                                        ------------------------------------
                                          UNITED STATES                -0.5%
                                        ------------------------------------
                                        OTHER                          10.9%
                                        ------------------------------------
                                          SUPRANATIONAL                 2.4%
                                          CASH                          5.6%
                                          DERIVATIVES                   2.9%
                                        ------------------------------------
                                        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