Templeton Emerging Markets Income Fund (“TEI”) Announces Revised Dividend Characterization

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

Fort Lauderdale, Florida, October 8, 2015. Templeton Emerging Markets Income Fund (NYSE: TEI) today announced a revision to the quarterly dividend characterization from net investment income of $0.20 per share previously announced on June 15, 2015. The revised characterization is comprised of net investment income of $0.1937 per share and a long-term capital gains distribution of $0.0063 per share, which was payable on July 15, 2015, to shareholders of record on June 30, 2015 (Ex-Dividend Date: June 26, 2015).

The Fund’s investment manager, Franklin Advisers, Inc., 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 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 approximately $806 billion in assets under management as of August 31, 2015. For more information, please visit franklintempleton.com.