Templeton Releases Closed-End Funds' Portfolio Allocation Updates

FORT LAUDERDALE, FL--(Marketwired - Mar 23, 2015) - 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, 2015:

• 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 to retail, institutional and sovereign wealth clients in over 150 countries. Through specialized teams, the company has expertise across all asset classes -- including equity, fixed income, alternative and custom solutions. The company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and over $894 billion in assets under management as of February 28, 2015. For more information, please visit franklintempleton.com.

This press release contains statistical data regarding the Funds' portfolios. The Funds' complete portfolio holdings are publicly available on a quarterly basis on Form N-Q, as well as in the Funds' 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 Funds' 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 EMERGING MARKETS FUND
AS OF FEBRUARY 28, 2015
TOTAL NET ASSETS: $315,984,656
NET ASSET VALUE PER SHARE: $17.55
OUTSTANDING SHARES: 18,009,460
ASSET ALLOCATION	PERCENT OF TOTAL NET ASSETS		TEN LARGEST POSITIONS	PERCENT OF TOTAL NET ASSETS
CASH & CASH EQUIVALENTS	1.6%		BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD	9.9%
EQUITY*	98.4%		KASIKORNBANK PCL	4.8%
	100.0%		HYUNDAI DEVELOPMENT CO	4.5%
			DAIRY FARM INTERNATIONAL HOLDINGS LTD	3.8%
			TATA CONSULTANCY SERVICES LTD	3.9%
			ASTRA INTERNATIONAL TBK PT	3.7%
			MCB BANK LTD	3.6%
			UNILEVER PLC	3.6%
			SIAM COMMERCIAL BANK PCL	3.5%
			PETROCHINA CO LTD	3.4%
				44.7%

INTERNATIONAL ALLOCATION			PERCENT OF PORTFOLIO NET ASSETS		INDUSTRY ALLOCATION			PERCENT OF PORTFOLIO NET ASSETS
ASIA			70.9%		CONSUMER DISCRETIONARY			20.2%
	CHINA		22.8%			AUTOMOBILES & COMPONENTS		16.6%
	HONG KONG		8.7%			CONSUMER DURABLES & APPAREL		2.2%
	INDIA		6.6%			RETAILING		1.4%
	INDONESIA		5.5%		CONSUMER STAPLES			8.7%
	PAKISTAN		3.6%			FOOD & STAPLES RETAILING		4.5%
	SINGAPORE		0.4%			FOOD BEVERAGE & TOBACCO		4.2%
	SOUTH KOREA		6.4%		ENERGY			21.9%
	THAILAND		16.8%		FINANCIALS			26.1%
EUROPE			13.5%			BANKS		25.1%
	AUSTRIA		0.9%			REAL ESTATE		1.0%
	RUSSIA		4.6%		INDUSTRIALS			6.3%
	TURKEY		4.3%			CAPITAL GOODS		4.9%
	UNITED KINGDOM		3.6%			TRANSPORTATION		1.4%
LATIN AMERICA			12.1%		INFORMATION TECHNOLOGY			7.6%
	BRAZIL		9.8%			SOFTWARE & SERVICES		5.0%
	PERU		2.3%			TECHNOLOGY HARDWARE & EQUIPMENT		2.6%
MID-EAST/AFRICA			3.6%		MATERIALS			9.2%
	JORDAN		0.1%		TOTAL EQUITY*			100.0%
	SOUTH AFRICA		3.5%
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. All investments involve risks, including possible loss of principal. Special risks are associated with foreign investing, including currency volatility, economic instability, and social and political developments of countries where the Fund invests. Emerging markets are subject to all of the risks of foreign investing generally and involve heightened risks due to these markets' smaller size and lesser liquidity, and lack of established legal, political, business and social frameworks to support securities markets. Some of these heightened risks may include political and social uncertainty (for example, regional conflicts and risk of war); pervasiveness of corruption and crime in these countries' economic systems; delays in settling portfolio securities transactions; risk of loss arising out of the system of share registration and custody used in these countries; greater sensitivity to interest rate changes; currency and capital controls; currency exchange rate volatility; and inflation, deflation or currency devaluation. The Fund may invest a portion of its assets in Russian securities. The U.S. and other nations have imposed and could impose additional sanctions on certain issuers in Russia due to regional conflicts. These sanctions could result in the devaluation of Russia's currency, a downgrade in Russian issuers' credit ratings, or a decline in the value and liquidity of Russian stocks or other securities. The Fund may be prohibited from investing in securities issued by companies subject to such sanctions. In addition, if the Fund holds the securities of an issuer that is subject to such sanctions, an immediate freeze of that issuer's securities could result, impairing the ability of the Fund to buy, sell, receive or deliver those securities. There is also the risk that countermeasures could be taken by Russia's government, which could involve the seizure of the Fund's assets. Such sanctions could adversely affect Russia's economy, possibly forcing the economy into a recession. These risks could affect the value of the Fund's portfolio The Fund is actively managed and investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. 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.

* Equity includes convertible and preferred securities.

TEMPLETON EMERGING MARKETS INCOME FUND
AS OF FEBRUARY 28, 2015
TOTAL NET ASSETS: $606,353,050
NET ASSET VALUE PER SHARE: $12.63
OUTSTANDING SHARES: 47,998,418
ASSET ALLOCATION		PERCENT OF TOTAL NET ASSETS		PORTFOLIO CHARACTERISTICS
CASH & CASH EQUIVALENTS		11.1%		WEIGHTED AVG. MATURITY		6.781 yrs.
DERIVATIVES		0.0%		WEIGHTED AVG. DURATION		1.8486 yrs.
FIXED INCOME		88.9%		WEIGHTED AVG. COUPON		7.3786%
		100.0%

NET CURRENCY DISTRIBUTION			PERCENT OF TOTAL NET ASSETS		COUNTRY DISTRIBUTION			PERCENT OF TOTAL NET ASSETS
ASIA			1.7%		ASIA			13.6%
	INDIAN RUPEE		1.2%			INDIA		1.9%
	INDO RUPIAH		4.0%			INDONESIA		4.0%
	JAPANESE YEN		-9.0%			KAZAKHSTAN		1.7%
	MALAYSI RINGGIT		0.7%			MONGOLIA		1.0%
	SOUTH KOREAN WON		1.1%			SRI LANKA		4.9%
	SRI LANKA RUPEE		3.6%		EUROPE			23.9%
EUROPE			-3.4%			BOSNIA AND HERZEGOVINA		0.5%
	EURO MON UNIT		-6.2%			CROATIA		1.5%
	POLAND ZLOTY		0.7%			GEORGIA		0.6%
	SERBIAN DINAR		2.1%			HUNGARY		4.0%
LATIN AMERICA			15.1%			LITHUANIA		0.3%
	BRAZILIAN REAL		9.5%			POLAND		1.1%
	MEXICAN PESO		5.6%			REPUBLIC OF ETHIOPIA		1.7%
MID-EAST/AFRICA			4.1%			REPUBLIC OF SERBIA		4.3%
	GHANA CEDI NEW		3.6%			RUSSIA		3.7%
	NIGERIAN NAIRA		0.6%			SLOVENIA		0.7%
NORTH AMERICA			82.6%			TURKEY		1.7%
	US DOLLAR		82.6%			UKRAINE		3.9%
TOTAL			100.0%		LATIN AMERICA/CARIBBEAN			24.7%
						BRAZIL		9.5%
						CHILE		2.1%
						COSTA RICA		2.7%
						EQUADOR		5.0%
						EL SALVADOR		0.5%
						MEXICO		4.3%
						PERU		0.3%
						TRINIDAD AND TOBAGO		0.4%
					MID-EAST/AFRICA			24.9%
						GHANA		6.5%
						IRAQ		3.8%
						KENYA		1.1%
						NIGERIA		4.0%
						SENEGAL		1.1%
						SOUTH AFRICA		2.1%
						UNITED ARAB EMIRATES		2.6%
						ZAMBIA		3.6%
					NORTH AMERICA			1.3%
						CANADA		1.6%
						UNITED STATES		-0.2%
					OTHER			11.5%
						CASH		9.4%
						DERIVATIVES		1.3%
						SUPRANATIONAL		0.8%
					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. All investments involve risks, including possible loss of principal. Changes in interest rates will affect the value of the Fund's portfolio and its share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a rise in interest rates, the Fund's share price may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments of countries where the Fund invests. The Fund's investments in emerging market countries are subject to all of the risks of foreign investing generally, and have additional heightened risks due to these markets' smaller size and lesser liquidity and lack of established legal, political, business and social frameworks to support securities markets, including: delays in settling portfolio securities transactions; currency and capital controls; greater sensitivity to interest rate changes; pervasiveness of corruption and crime; currency exchange rate volatility; and inflation, deflation or currency devaluation. The Fund's use of foreign currency techniques involves special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the Fund. Also, as a nondiversified investment company, the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. 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.

TEMPLETON GLOBAL INCOME FUND
AS OF FEBRUARY 28, 2015
TOTAL NET ASSETS: $1,074,146,077
NET ASSET VALUE PER SHARE: $8.01
OUTSTANDING SHARES: 134,144,158
ASSET ALLOCATION		PERCENT OF TOTAL NET ASSETS		PORTFOLIO CHARACTERISTICS
CASH & CASH EQUIVALENTS		25.9%		WEIGHTED AVG. MATURITY		3.6868 yrs.
DERIVATIVES		-5.0%		WEIGHTED AVG. DURATION		0.9613 yrs.
FIXED INCOME		79.1%		WEIGHTED AVG. COUPON		4.5673%
		100.0%

NET CURRENCY DISTRIBUTION			PERCENT OF TOTAL NET ASSETS		COUNTRY DISTRIBUTION			PERCENT OF TOTAL NET ASSETS
ASIA			24.9%		ASIA			30.7%
	INDIAN RUPEE		6.0%			INDIA		2.3%
	INDO RUPIAH		3.1%			INDONESIA		3.1%
	JAPANESE YEN		-24.0%			MALAYSIA		4.0%
	MALAYSI RINGGIT		15.0%			PHILIPPINES		0.9%
	PHILIPPINE PESO		0.9%			SINGAPORE		2.2%
	SINGAPORE DOLLAR		4.3%			SOUTH KOREA		14.7%
	SOUTH KOREAN WON		16.0%			SRI LANKA		3.6%
	SRI LANKA RUPEE		3.6%		EUROPE			27.5%
EUROPE			-20.4%			HUNGARY		4.5%
	EURO MON UNIT		-33.1%			ICELAND		0.4%
	HUNGARY FORINT		1.1%			IRELAND		3.4%
	POLAND ZLOTY		11.5%			LITHUANIA		1.1%
LATIN AMERICA			31.8%			POLAND		10.7%
	BRAZILIAN REAL		8.7%			PORTUGAL		2.9%
	CHILEAN PESO		6.8%			REPUBLIC OF SERBIA		0.7%
	MEXICAN PESO		12.9%			RUSSIA		0.5%
	PERU NUEVO SOL		3.4%			SLOVENIA		1.1%
NORTH AMERICA			63.7%			UKRAINE		2.3%
	US DOLLAR		63.7%		LATIN AMERICA			20.6%
TOTAL			100.0%			BRAZIL		8.7%
						MEXICO		8.5%
						PERU		3.4%
					NORTH AMERICA			-0.8%
						UNITED STATES		-0.8%
					OTHER			22.0%
						CASH		14.9%
						DERIVATIVES		5.7%
						SUPRANATIONAL		1.4%
					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. All investments involve risks, including possible loss of principal. Changes in interest rates will affect the value of the Fund's portfolio and its share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a rise in interest rates, the Fund's share price may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments of countries where the Fund invests. Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. The Fund's use of foreign currency techniques involves special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the Fund. Also, as a nondiversified investment company, the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed and investment allocations can be expected to change, but there is no guarantee that the manager's investment decisions will produce the desired results. 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.

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