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

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

Fort Lauderdale, Florida, March 14, 2008.  Templeton Emerging Markets Income Fund (NYSE: TEI) today announced its quarterly dividend from net investment income of $0.25 per share, payable on April 15, 2008 to shareholders of record on March 31, 2008 (Ex-Dividend Date: March 27, 2008).

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 60 years of investment experience and over $600 billion in assets under management as of February 29, 2008. For more information, please call 1-800/DIAL BEN® (1-800-342-5236) or visit franklintempleton.com.