FORT LAUDERDALE, FL--(Marketwire - 11/17/09) - The Templeton closed-end Fund referenced below, which trades on the New York Stock Exchange, today released a portfolio allocation update containing the following information as of October 31, 2009:

 
--  Asset Allocation
--  Portfolio Characteristics
--  Net Currency Distribution
--  Country Distribution
    

To obtain a copy of the update, please contact Fund Information at 1-800-342-5236.

Templeton closed-end Fund:

Templeton Global Income Fund (NYSE:GIM - News)

The Fund's investment manager is a subsidiary of Franklin Resources, Inc. (NYSE:BEN - News), 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 $523 billion in assets under management as of October 31, 2009. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

 
                           TEMPLETON GLOBAL INCOME FUND
                               AS OF OCTOBER 31, 2009
                         TOTAL NET ASSETS: $1,196,783,107
                         NET ASSET VALUE PER SHARE: $9.12


                        PERCENT
                        OF TOTAL
                          NET
ASSET ALLOCATION        ASSETS     PORTFOLIO CHARACTERISTICS
--------------------------------  ----------------------------------------
CASH & OTHER                 0.2% WEIGHTED AVG. CREDIT QUALITY  A-
FIXED INCOME                99.8% WEIGHTED AVG. MATURITY        8.36 yrs.
                           100.0% WEIGHTED AVG. DURATION        5.884 yrs.
                                  WEIGHTED AVG. COUPON          6.850%

                          PERCENT                                 PERCENT
                         OF TOTAL                                OF TOTAL
NET CURRENCY               NET                                     NET
 DISTRIBUTION             ASSETS    COUNTRY DISTRIBUTION          ASSETS
----------------------------------  --------------------------------------
ASIA                          49.9% ASIA                              29.5%
  CHINESE YUAN                 6.5%   INDONESIA                       10.5%
  INDIAN RUPEE                 6.5%   MALAYSIA                         0.6%
  INDO RUPIAH                  9.4%   PHILIPPINES                      0.1%
  JAPANESE YEN                -9.5%   SOUTH KOREA                     16.1%
  MALAYSI RINGGIT             15.0%   SRI LANKA                        2.2%
  PHILIPPINE PESO              5.1% AUSTRALIA/NEW ZEALAND              8.9%
  SOUTH KOREAN WON            14.6%   AUSTRALIA                        7.7%
  SRI LANKA RUPEE              2.2%   NEW ZEALAND                      1.2%
AUSTRALIA/NEW ZEALAND         -5.5% EUROPE                            25.1%
  AUSTRALIAN DOLLAR            6.4%   HUNGARY                          2.6%
  NEW ZEALAND DOLLAR         -11.9%   LITHUANIA                        1.3%
EUROPE                         9.1%   NORWAY                           1.5%
  EURO                       -18.1%   POLAND                           9.1%
  NORWEGIAN KRONE              6.1%   RUSSIA                           4.8%
  POLAND ZLOTY                 8.4%   SWEDEN                           5.9%
  RUSSIAN RUBLE                0.1% LATIN AMERICA                     20.9%
  SWEDISH KRONA               12.6%   ARGENTINA                        2.6%
LATIN AMERICA                 19.0%   BRAZIL                           7.8%
  BRAZILIAN REAL               9.1%   MEXICO                           4.7%
  CHILEAN PESO                 5.0%   PERU                             3.6%
  MEXICAN PESO                 1.4%   VENEZUELA                        2.1%
  PERU NUEVO SOL               3.6% MID-EAST/AFRICA                    4.8%
MID-EAST/AFRICA                2.4%   QATAR                            1.0%
  ISRAELI SHEKEL               2.4%   SOUTH AFRICA                     2.8%
NORTH AMERICA                 25.1%   UNITED ARAB EMIRATES             1.0%
  US DOLLAR                   25.1% NORTH AMERICA                      5.5%
------------------------ ---------    CANADA                           1.4%
TOTAL                        100.0%   UNITED STATES                    4.1%
                                    OTHER                              5.4%
                                      SUPRANATIONAL                    4.6%
                                      CASH                             1.7%
                                      DERIVATIVES                     -0.9%
                                    ---------------------------- ---------
                                    TOTAL                            100.0%

You may request a copy of the Fund's current Report to Shareholders by contacting Fund Information at 1-800/DIAL BEN® (1-800-342-5236). Since markets can go down as well as up, investment return and principal value will fluctuate with market conditions, currency volatility, and the economic, social and political climates of countries where the Fund invests. Emerging markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. You may have a gain or loss when you sell your shares. The information provided is as of the date shown and comes from sources considered reliable, but the Fund makes no representation or warranty as to its completeness or accuracy. The weightings do not include the impact of currency forwards within the country weightings. The Fund's portfolio is actively managed and investment allocations can be expected to change.

 
For more information, please contact
Franklin Templeton Investments
1-800-342-5236