]> Templeton Emerging Markets Income Fund (“TEI”) Announces Dividend
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Templeton Emerging Markets Income Fund (“TEI”) Announces Dividend

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

Fort Lauderdale, Florida, September 14, 2007.  Templeton Emerging Markets Income Fund (NYSE: TEI) today announced its quarterly dividend from net investment income of $0.25 per share, payable on October 12, 2007 to shareholders of record on September 28, 2007 (Ex-Dividend Date: September 26, 2007).

The Fund’s investment manager 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 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 $617 billion in assets under management as of August 31, 2007. For more information, please call 1-800/DIAL BEN® (1-800-342-5236) or visit franklintempleton.com.