]> Templeton Releases Closed-End Funds' Portfolio Allocation Updates
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Templeton Releases Closed-End Funds' Portfolio Allocation Updates

From: Franklin Templeton Investments
Contact: Franklin Templeton Investments
Telephone:(800) 342-5236

Fort Lauderdale, Florida, December 29, 2006.   The Templeton closed-end Funds referenced below, which trade on the New York Stock Exchange, today released portfolio allocation updates containing the following information as of November 30, 2006:

  • Asset Allocation
  • Ten Largest Positions/Portfolio Characteristics
  • International Allocation/Net Currency Distribution
  • Industry Allocation/Country Distribution

To obtain a copy of the updates, please contact Fund Information at 1-800-342-5236.

Templeton closed-end Funds:

            Templeton Emerging Markets Fund (NYSE: EMF)

            Templeton Emerging Markets Income Fund (NYSE: TEI)

            Templeton Global Income Fund (NYSE: GIM)

The Funds' investment managers are subsidiaries 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 and Fiduciary Trust investment teams. The San Mateo, CA-based company has more than 50 years of investment experience and over $541 billion in assets under management as of November 30, 2006. For more information, please call1-800/DIAL BEN® (1-800-342-5236) or visit franklintempleton.com.

 

TEMPLETON EMERGING MARKETS FUND
AS OF NOVEMBER 30, 2006
TOTAL NET ASSETS: $347,876,747
NET ASSET VALUE PER SHARE: $19.25

 

 

ASSET ALLOCATION

PERCENT OF TOTAL NET ASSETS

 

 

 

TEN LARGEST POSITIONS

PERCENT OF TOTAL NET ASSETS

CASH & OTHER

0.8%

 

SAMSUNG ELECTRONICS CO LTD

4.9%

EQUITY*

99.2%

 

PETROCHINA CO LTD

4.3%

 

100.0%

 

PETROLEO BRASILEIRO SA (PETROBRAS)

4.1%

 

 

 

LUKOIL HOLDINGS

3.5%

 

 

 

AKBANK

3.5%

 

 

 

GAZPROM OAO

3.1%

 

 

 

CIA VALE DO RIO DOCE

3.0%

 

 

 

REMGRO LTD

2.7%

 

 

 

ALUMINUM CORP OF CHINA LTD

2.3%

 

 

 

BANCO BRADESCO SA

2.3%

 

 

 

 

33.7%

 

 

 

INTERNATIONAL ALLOCATION

PERCENT OF PORTFOLIO NET ASSETS

 

 

 

INDUSTRY ALLOCATION

PERCENT OF PORTFOLIO NET ASSETS

ASIA

58.2%

 

CONSUMER DISCRETIONARY

6.8%

  CHINA

12.6%

 

  AUTOMOBILES & COMPONENTS

1.8%

  HONG KONG

0.5%

 

  CONSUMER DURABLES & APPAREL

1.3%

  INDIA

2.5%

 

  CONSUMER SERVICES

1.8%

  INDONESIA

0.9%

 

  RETAILING

1.8%

  MALAYSIA

2.1%

 

CONSUMER STAPLES

5.1%

  PAKISTAN

0.5%

 

  FOOD & STAPLES RETAILING

1.0%

  SOUTH KOREA

16.8%

 

  FOOD BEVERAGE & TOBACCO

1.2%

  TAIWAN

8.8%

 

  HOUSEHOLD & PERSONAL PRODUCTS

2.9%

  THAILAND

6.0%

 

ENERGY

30.4%

  TURKEY

7.7%

 

FINANCIALS

23.1%

EUROPE

18.1%

 

  BANKS

15.9%

  AUSTRIA

0.7%

 

  DIVERSIFIED FINANCIALS

5.4%

  HUNGARY

3.6%

 

  INSURANCE

1.7%

  POLAND

1.5%

 

HEALTH CARE

0.9%

  RUSSIA

  SWEDEN

9.9%

1.0%

 

  PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

0.9%

  UNITED KINGDOM

1.4%

 

INDUSTRIALS

2.9%

LATIN AMERICA

16.2%

 

  CAPITAL GOODS

2.4%

  BRAZIL

13.0%

 

  TRANSPORTATION

0.5%

  MEXICO

2.9%

 

INFORMATION TECHNOLOGY

10.5%

  PANAMA

0.3%

 

  SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

9.0%

MID-EAST/AFRICA

7.5%

 

  TECHNOLOGY HARDWARE & EQUIPMENT

1.5%

  SOUTH AFRICA

7.5%

 

MATERIALS

8.7%

TOTAL EQUITY*

100.0%

 

TELECOMMUNICATION SERVICES

9.5%

 

 

 

UTILITIES

2.1%

 

 

 

TOTAL EQUITY*

100.0%