Templeton Emerging Markets Fund ("EMF") Announces Distribution

Fort Lauderdale, Florida, December 3, 2018.  Templeton Emerging Markets Fund (NYSE: EMF) today announced a total distribution of $0.7808, comprised of net investment income of $0.2034 per share, short-term capital gains of $0.0660 per share and long-term capital gains of $0.5114 per share, payable on December 31, 2018 to shareholders of record on December 17, 2018 (Ex-Dividend Date: December 14, 2018).

The Fund’s investment manager, Templeton Asset Management Ltd., is an indirect, 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 $682 billion in assets under management as of October 31, 2018.  For more information, please visit franklintempleton.com.