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

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

Fort Lauderdale, Florida, July 2, 2018.  Templeton Emerging Markets Income Fund (NYSE: TEI) today announced a monthly distribution from net investment income of $0.0719 per share, payable on July 31, 2018, to shareholders of record on July 13, 2018 (Ex-Dividend Date: July 12, 2018).

As previously disclosed, the Fund implemented a change to its distribution frequency from a quarterly variable distribution to a monthly variable distribution, effective June 30, 2018. This change may offer shareholders a more frequent income stream. Given the effective date of the change, shareholders may receive two distributions in July, provided they were shareholders of record for both the June 28, 2018 record date, as well as the July 13, 2018 record date.

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 170 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 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network.  With offices in more than 30 countries, the California–based company has over 70 years of investment experience and over $732 billion in assets under management as of May 31, 2018. For more information, please visit franklintempleton.com.