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TEMPLETON GLOBAL GOVERNMENTS INCOME TRUST REPORTS ON SHAREHOLDERS MEETING

 TEMPLETON GLOBAL GOVERNMENTS INCOME TRUST
 REPORTS ON SHAREHOLDERS MEETING
 ST. PETERSBURG, Fla., Oct. 30 /PRNewswire/ -- Templeton Global Governments Income Trust (the "trust") (NYSE: TGG) announced today that the shareholders of the trust met on Oct. 30, 1992, in St. Petersburg, Fla., and (1) approved the slate of trustees for election, and (2) approved the new investment management agreement (the "agreement") between the trust and Templeton Global Bond Managers, Inc. The agreement is to become effective upon the consummation of the merger between the trust's current investment manager, Templeton, Galbraith & Hansberger Ltd., and Franklin Resources, Inc., the fifth largest mutual fund manager in the United States and listed on the New York Stock Exchange (NYSE: BEN).
 -0- 10/30/92
 /CONTACT: Thomas M. Mistele, secretary of Templeton Global Governments Income Trust, 800-237-0738, ext. 7660/
 (TGG BEN) CO: Templeton Global Governments Income Trust ST: Florida IN: FIN SU:


AW-JB -- FL008 -- 7283 10/30/92 16:21 EST
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Publication:PR Newswire
Date:Oct 30, 1992
Words:155
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