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[2] Templeton Emerging Markets Income Fund, Inc. Announces Dividend.


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 15, 1999--

Templeton Emerging Markets Income Fund, Inc. (NYSE NYSE

See: New York Stock Exchange
:TEI 1. (communications) TEI - Terminal Endpoint Identifier.
2. (text, project) TEI - Text Encoding Initiative.
), today announced its regular quarterly dividend from net investment income of $0.3100 per share, payable on January 13, 2000 to shareholders of record on December 30, 1999 (Ex-Dividend Date: December 28, 1999).

The Fund's investment adviser is Templeton Investment Counsel, Inc., through its Templeton Global Bond Managers division. Templeton Investment Counsel, Inc. is a subsidiary of Franklin Resources, Inc. (NYSE: BEN). Franklin's main business is the Franklin Templeton Group with approximately $224 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  as of November 30, 1999. Franklin's headquarters are located at 777 Mariners Island Blvd., San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south.  94404.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 16, 1999
Words:112
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