Templeton Global Income Fund (GIM) Announces Dividend and Portfolio Management Addition

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

Fort Lauderdale, Florida, January 3, 2011. Templeton Global Income Fund (NYSE: GIM) today announced its regular monthly dividend from net investment income of $0.045 per share, payable on January 31, 2011, to shareholders of record on January 14, 2011 (Ex-Dividend Date: January 12, 2011).

The Fund also announced that Sonal Desai, Ph.D., will join Michael Hasenstab, Ph.D., as a portfolio manager of Templeton Global Income Fund.  Desai joined the firm as Director of Research for Franklin Templeton Fixed Income Group’s international bond department in October 2009 and has 16 years of industry experience.  Hasenstab, who has been a member of the Fund’s management team since 2002, will continue as lead manager of the Fund.

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 $642 billion in assets under management as of November 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.