]> Templeton Global Income Fund (“GIM”) Announces Dividend
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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, 2012. Templeton Global Income Fund (NYSE: GIM) today announced its regular monthly dividend from net investment income of $0.035 per share, payable on September 28, 2012, to shareholders of record on September 14, 2012 (Ex-Dividend Date: September 12, 2012).

Beginning with the September dividend, the Fund’s monthly dividend will be adjusted from $0.045 to $0.035 per share. Dividends may vary based on the Fund’s net investment income. Past dividends are not indicative of future trends. Over the past few years, interest rates around the globe have decreased in response to the slow growth economic environment. The Fund’s dividend adjustment reflects the current environment of historically low interest rates and reduced yields available in government bonds.

The Fund’s investment team continues to believe that the current period of accommodative monetary policy by developed country central banks will eventually need to end, resulting in rising interest rates from current record low levels. This poses downside risk for bond prices, so the Fund has been positioned in very low duration and short maturity bonds to mitigate downside risk when interest rates rise. In general, shorter duration and maturity bonds have lower yields than longer duration/maturity bonds.

The Fund’s investment team has continued to look for attractive yields in short-maturity government bonds around the world. However, as bond yields have declined globally, the Fund’s investment team have been reinvesting at lower yields as these positions mature. As a result, the Fund’s distribution yield needs to be adjusted downwards accordingly.

While the Fund’s distribution yield has been adjusted down, it is still relatively high given the current low interest rate environment. Furthermore, the Fund is well positioned in low duration exposure to protect against price erosion when interest rates shift to a rising rate cycle.

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 $718 billion in assets under management as of July 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.