]> Templeton Closed-End Funds' Confirm Filing of Annual Reports

Templeton Closed-End Funds' Confirm Filing of Annual Reports

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

Fort Lauderdale, Florida, November 7, 2006.  Each of the Templeton closed-end Funds referenced below, which trades on the New York Stock Exchange, today announced that it has filed with the U.S. Securities and Exchange Commission ("SEC") its Annual Report with audited financial statements on Form N-CSR for the fiscal year ended August 31, 2006.

Additionally, these reports will be available on-line at:

www.franklintempleton.com/retail/jsp_app/products/closed_end_fund_home.jsp as soon as reasonably practical after they are electronically filed with the SEC.  Shareholders may also request, free-of-charge, a copy of the complete audited financial statements by calling 1-800/DIAL BEN® (1-800-342-5236) or by writing to the Funds at 100 Fountain Parkway, St. Petersburg, FL 33716.

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 advisers 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 $511 billion in assets under management as of September 30, 2006. For more information, please call 1-800/DIAL BEN® (1-800-342-5236) or visit franklintempleton.com.