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Templeton Emerging Markets Income Fund (“TEI”) Announces Distribution

From Franklin Resources, Inc.
contact Franklin Templeton Investments
Telephone (800) 342-5236

Fort Lauderdale, Florida, December 10, 2009. Templeton Emerging Markets Income Fund (NYSE: TEI) today announced its regular quarterly dividend from net investment income of $0.25 per share, an additional year-end distribution from net investment income of $0.05 per share, short-term capital gains distribution of $0.0042 per share and long-term capital gains distribution of $0.0706 per share, payable on December 31, 2009 to shareholders of record on December 16, 2009 (Ex-Dividend Date: December 14, 2009).

The Fund’s investment manager is a wholly owned subsidiary 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, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $539 billion in assets under management as of November 30, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.