]> Press Release - Closed-End Funds - Asset Allocation
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Templeton Global Income Fund ("GIM") Announces Dividend

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

Fort Lauderdale, Florida, September 4, 2008. Templeton Global Income Fund (NYSE: GIM) today announced its regular monthly dividend from net investment income of $0.042 per share, payable on September 30, 2008 to shareholders of record on September 16, 2008 (Ex-Dividend Date: September 12, 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, Fiduciary Trust, Darby and Bissett investment teams.  The San Mateo, CA-based company has more than 60 years of investment experience and over $570 billion in assets under management as of July 31, 2008.  For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.