<SEC-DOCUMENT>0000828803-14-000019.txt : 20141029
<SEC-HEADER>0000828803-14-000019.hdr.sgml : 20141029
<ACCEPTANCE-DATETIME>20141029143203
ACCESSION NUMBER:		0000828803-14-000019
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20140831
FILED AS OF DATE:		20141029
DATE AS OF CHANGE:		20141029
EFFECTIVENESS DATE:		20141029

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEMPLETON GLOBAL INCOME FUND
		CENTRAL INDEX KEY:			0000828803
		IRS NUMBER:				222864496
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05459
		FILM NUMBER:		141179678

	BUSINESS ADDRESS:	
		STREET 1:		300 S.E. 2ND STREET
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33301-1923
		BUSINESS PHONE:		9545277500

	MAIL ADDRESS:	
		STREET 1:		300 S.E. 2ND STREET
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33301-1923

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEMPLETON GLOBAL INCOME FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>ncsr-gim083114.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>ncsr-gim083114.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<A name="page_1"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader1"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, DC 20549</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">FORM N-CSR</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Investment Company Act file number </FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">811-05459</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Templeton Global Income Fund</FONT></U></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(Exact name of registrant as specified in charter)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">300 S.E. 2<SUP>nd</SUP> Street, Fort Lauderdale, FL 33301-1923</FONT></U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"><BR>(Address of principal executive offices)&nbsp;&nbsp; (Zip code)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Craig S. Tyle, One Franklin Parkway, San Mateo, CA&nbsp; 94403-1906</FONT></U></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(Name and address of agent for service)</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Registrant's telephone number, including area code: </FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(954) 527-7500</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Date of fiscal year end: _</FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">8/31</FONT></U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">__</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Date of reporting period: </FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;8/31/14</FONT></U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">__</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Item 1. Reports to Stockholders.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<a name="_bclFooter1"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>


<!--$$/page=-->
<A name="page_2"></A><BR>

<a name="_bclPageBorder2"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<IMG src="tlgim_a1014x1x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Annual Report</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times,serif">August 31, 2014</FONT></P>
<P style="text-align: left;">
<FONT size=6 face="Times New Roman,Times,serif">Templeton Global Income Fund</FONT></P>
<IMG src="tlgim_a1014x1x2.jpg" border=0>
<BR>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_3"></A><BR>

<a name="_bclPageBorder3"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=6 face="MinionPro-Regular,Times New Roman,Times,serif">Franklin Templeton Investments</FONT></P>
<P style="text-align: left;">
<FONT size=3 face="MinionPro-Regular,Times New Roman,Times,serif">Gain From Our Perspective</FONT><FONT size=1 face="MinionPro-Regular,Times New Roman,Times,serif">&#174;</FONT></P>
<P style="text-align: left;">
<FONT color="#404040" size=4 face="MinionPro-Regular,Times New Roman,Times,serif">At Franklin Templeton Investments, we&#146;re dedicated to one goal: delivering exceptional asset management for our clients. By bringing together multiple, world-class investment teams in a single firm, we&#146;re able to offer specialized expertise across styles and asset classes, all supported by the strength and resources of one of the world&#146;s largest asset managers. This has helped us to become a trusted partner to individual and institutional investors across the globe.</FONT></P>
<P style="text-align: left;">
<FONT color="#004adb" size=4 face="MinionPro-Regular,Times New Roman,Times,serif">Focus on Investment Excellence</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="MinionPro-Regular,Times New Roman,Times,serif">At the core of our firm, you&#146;ll find multiple independent investment teams&#151;each with a focused area of expertise&#151;from traditional to alternative strategies and multi-asset solutions. And because our portfolio groups operate autonomously, their strategies can be combined to deliver true style and asset class diversification.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="MinionPro-Regular,Times New Roman,Times,serif">All of our investment teams share a common commitment to excellence grounded in rigorous, fundamental research and robust, disciplined risk management. Decade after decade, our consistent, research-driven processes have helped Franklin Templeton earn an impressive record of strong, long-term results.</FONT></P>
<P style="text-align: left;">
<FONT color="#004adb" size=4 face="MinionPro-Regular,Times New Roman,Times,serif">Global Perspective Shaped by Local Expertise</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="MinionPro-Regular,Times New Roman,Times,serif">In today&#146;s complex and interconnected world, smart investing demands a global perspective. Franklin Templeton pioneered international investing over 60 years ago, and our expertise in emerging markets spans more than a quarter of a century. Today, our investment professionals are on the ground across the globe, spotting investment ideas and potential risks firsthand. These locally based teams bring in-depth understanding of local companies, economies and cultural nuances, and share their best thinking across our global research network.</FONT></P>
<P style="text-align: left;">
<FONT color="#004adb" size=4 face="MinionPro-Regular,Times New Roman,Times,serif">Strength and Experience</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="MinionPro-Regular,Times New Roman,Times,serif">Franklin Templeton is a global leader in asset management serving clients in over 150 countries.</FONT><SUP><FONT size=2 face="MinionPro-Regular,Times New Roman,Times,serif">1 </FONT></SUP><FONT size=2 face="MinionPro-Regular,Times New Roman,Times,serif">We run our business with the same prudence we apply to asset management, staying focused on delivering relevant investment solutions, strong long-term results and reliable, personal service. This approach, focused on putting clients first, has helped us to become one of the most trusted names in financial services.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=100%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1. As of 12/31/13. Clients are represented by the total number of shareholder accounts.</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.020401pt">
<B><FONT size=2 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Not FDIC Insured | May Lose Value | No Bank Guarantee</FONT></B></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_4"></A><BR>

<a name="_bclPageBorder4"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=86%></TD>
     <TD width=13%></TD></TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=5 face="Times New Roman,Times,serif">Contents</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=2>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=2 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Annual Report</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Templeton Global Income Fund</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">1</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Performance Summary</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">5</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Important Notice to Shareholders</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">6</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Financial Highlights and Statement</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">of Investments</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">7</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Financial Statements</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">19</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Notes to Financial Statements</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">22</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Report of Independent Registered</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Public Accounting Firm</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">32</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Tax Information</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">33</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Annual Meeting of Shareholders</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">34</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Dividend Reimbursement and Cash</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Purchase Plan</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">35</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Board Members and Officers</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">37</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">Shareholder Information</FONT></TD>
	<TD align=right>
<FONT size=2 face="Arial Narrow,Arial,Helvetica,sans-serif">42</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=6 face="Times New Roman,Times,serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times,serif">Templeton Global Income Fund</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Dear Shareholder:</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">We are pleased to bring you Templeton Global Income Fund&#146;s annual report for the fiscal year ended August 31, 2014.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Your Fund&#146;s Goals and Main Investments</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Templeton Global Income Fund seeks high, current income, with a secondary goal of capital appreciation. Under normal market conditions, the Fund invests at least 80% of its net assets in income-producing securities, including debt securities of U.S. and foreign issuers, including emerging markets.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Performance Overview</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">For the 12 months under review, Templeton Global Income Fund delivered cumulative total returns of +7.04% based on market price and +11.85% based on net asset value. For comparison, the global government bond market, as measured by the J.P. Morgan (JPM) Global Government Bond Index (GGBI), posted cumulative total returns of +6.49% in local currency terms and +5.36% in U.S. dollar terms for the same period.</FONT><SUP><FONT size=2 face="Times New Roman,Times,serif">1 </FONT></SUP><FONT size=2 face="Times New Roman,Times,serif">You can find the Fund&#146;s long-term performance data in the Performance Summary on page 5.</FONT></P>
<P style="text-align: left;">
<I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Performance data represent past performance, which does not guarantee future results. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown.</FONT></I></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Economic and Market Overview</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Global financial market volatility was elevated at the beginning of the period, as the U.S. federal government partially shut down and the U.S. Treasury approached its debt ceiling. Market volatility quickly subsided with the end of the shutdown. Fears of possible reductions in stimulative government policies contributed to periods of risk aversion, when credit spreads widened and assets perceived as risky sold off. However, these periods of risk aversion alternated with periods of healthy risk appetite, when spreads narrowed and investors again favored risk assets. Against this backdrop, extensive liquidity creation continued, in particular from the Bank of Japan&#146;s (BOJ&#146;s) commitment to increase inflation, as well as from the European Central Bank&#146;s (ECB&#146;s) interest rate cuts. Economic data among the largest economies appeared inconsistent with some predictions of a severe global economic slowdown.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1. Source: &#169; 2014 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">losses arising from any use of this information.</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The index is unmanaged and includes reinvested interest. One cannot invest directly in an index, and an index is</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">not representative of the Fund&#146;s portfolio.</FONT><BR>
<BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">The dollar value, number of shares or principal amount, and names of all portfolio holdings are listed in the</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Fund&#146;s Statement of Investments (SOI). The SOI begins on page 8.</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">1</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_5"></A><BR>

<a name="_bclPageBorder5"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<IMG src="tlgim_a1014x4x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In the U.S., the Federal Reserve Board (Fed) said it would begin to reduce the size of its quantitative easing (QE) program in 2014. Pessimism about this policy affected emerging markets as market participants became concerned about potentially diminished global liquidity. Global financial market volatility increased at the beginning of 2014 amid concerns that economic growth was slowing, particularly in emerging markets. However, market volatility eventually began to subside and risk assets in a number of emerging markets rebounded.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Despite concerns surrounding Fed tapering, we did not believe there was a strong risk of a global liquidity problem, given the BOJ&#146;s massive QE. In our assessment, the BOJ&#146;s QE program has more than enough potential to offset the impact of the Fed&#146;s reduced buying. If the BOJ continued on its current path, it would be on pace to contribute more liquidity than the Fed would remove through tapering.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Also on investors&#146; minds during the period was the moderation in China&#146;s growth rate. Despite negative headline news and skeptical investor attitudes, we did not believe China faced a &#147;hard landing&#148; scenario. Economic data during the period revealed overinvestment in certain sectors, decreasing industrial production, and rising nonperforming loans in the banking sector, but we believed these trends did not reflect the full picture. In fact, recent deceleration was a welcome and healthy development, in our view. Although the pace of China&#146;s growth has slowed, we believe recent reforms have improved its quality.</FONT></P>
<IMG src="tlgim_a1014x4x2.jpg" border=0>
<BR>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">During much of the second half of the period, global financial markets appeared more broadly influenced by the pickup in growth in the U.S. and economic stabilization in China than by escalating geopolitical tensions, in our assessment. We continued to see differentiation among specific emerging market economies; some have healthy current account and fiscal balances and large international reserves, while others struggle with deficits and economic imbalances. We believe that economies with healthier balances and stronger growth prospects are likely to experience currency appreciation over the long term, while those with imbalances are more likely to face currency weakness and economic strains.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Investment Strategy</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">We invest selectively in bonds around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risks. We seek to manage the Fund&#146;s exposure to various currencies and may use currency forward contracts.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=100%></TD></TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">What is a currency forward contract?</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">A currency forward contract is an agreement between the Fund</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">and a counterparty to buy or sell a foreign currency at a specific</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">exchange rate on a future date.</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Manager&#146;s Discussion</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s total return was influenced by various factors, including interest rate developments, currency movements and exposure to sovereign debt markets. During the period under review, the Fund&#146;s positive absolute performance was primarily attributable to interest rate strategies, followed by currency positions and sovereign credit exposures. The Fund&#146;s outperformance relative to the JPM GGBI arose primarily from currency positions followed by credit exposures. Interest rate strategies had a largely neutral effect on relative performance.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=5%></TD>
     <TD width=2%></TD>
     <TD width=44%></TD>
     <TD width=47%></TD></TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2</FONT></TD>
	<TD align=left>
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">|</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_6"></A><BR>

<a name="_bclPageBorder6"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Interest Rate Strategy</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">As part of the Fund&#146;s interest rate strategy, we used interest rate swaps to manage duration. During the period, we maintained the portfolio&#146;s defensive duration posture as monetary policy remained highly accommodative in the U.S., eurozone, Japan and the U.K. Select underweighted duration exposures in Europe detracted from relative performance as the ECB expanded its accommodative monetary policies. Overweighted duration exposures in Latin America contributed to performance while underweighted duration exposure in the U.S. detracted. Select duration exposures in Europe and in Latin America contributed to absolute return. The Fund maintained little duration exposure in emerging markets, except in a few countries where rates were already quite high.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=100%></TD></TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">What is an interest rate swap?</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">An interest rate swap is an agreement between two parties to</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">exchange interest rate obligations, generally one based on an</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">interest rate fixed to maturity and the other based on an interest</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">rate that changes in accordance with changes in a designated</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">benchmark (for example, LIBOR, prime, commercial paper</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">or other benchmarks).</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=100%></TD></TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">What is duration?</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Duration is a measure of a bond&#146;s price sensitivity to interest rate</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">changes. In general, a portfolio of securities with a lower duration</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">can be expected to be less sensitive to interest rate changes than</FONT></TD>
</TR>
<TR valign="bottom">
	<TD bgcolor="#e5e5e5" align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">a portfolio with a higher duration.</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Currency Strategy</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s diversified currency exposure contributed to absolute performance. The Fund utilized currency forward contracts to hedge or gain exposure to various currencies during the review period. The U.S. dollar strengthened against its major trading partners during the period; the trade-weighted U.S. dollar appreciated 1.28%.</FONT><SUP><FONT size=2 face="Times New Roman,Times,serif">2 </FONT></SUP><FONT size=2 face="Times New Roman,Times,serif">The euro depreciated 0.11% and the Japanese yen depreciated 5.55% against the U.S. dollar during the period.</FONT><SUP><FONT size=2 face="Times New Roman,Times,serif">3</FONT></SUP></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=64%></TD>
     <TD width=29%></TD>
     <TD width=5%></TD></TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000183pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency Breakdown*</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">8/31/14</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=center>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of Total</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Assets</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Americas</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">82.2</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">U.S. Dollar</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">53.7</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.4</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Brazilian Real</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8.9</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6.6</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Peruvian Nuevo Sol</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3.6</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Asia Pacific</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">24.9</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">16.0</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">15.7</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.5</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Singapore Dollar</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">4.3</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Sri Lankan Rupee</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3.2</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Indonesian Rupiah</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">2.8</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Philippine Peso</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.9</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">-23.5</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Europe</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">-7.1</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">%</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Polish Zloty</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">11.9</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.8</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Hungarian Forint</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1.1</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000183pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">-29.9</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*Weightings may be negative or may not total 100% due to rounding, use of any</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">derivatives, unsettled trades or other factors.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s currency positions in Asia ex-Japan contributed to absolute return and relative performance. The Fund&#146;s net-negative exposure to the Japanese yen against the U.S. dollar, achieved through the use of currency forward contracts, also added to absolute and relative performance.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Global Sovereign Debt Strategy</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In addition to purchasing global government bonds, the Fund also invested in sovereign credit. As an asset class, such investments may compensate for greater credit risk by offering higher yields relative to U.S. Treasury and European benchmark bonds. The Fund&#146;s sovereign credit positioning contributed to absolute return and relative performance during the period.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=70%></TD>
     <TD width=29%></TD></TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">2. Source: Federal Reserve H.10 Report.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">3. Source: FactSet. 2014 FactSet Research Systems Inc. All Rights Reserved. The information contained herein: (1) is proprietary to FactSet Research Systems Inc. and/or</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither FactSet Research Systems Inc. nor its</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">content providers are responsible for any damages or losses arising from any use of this information.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=2>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=2>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">3</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_7"></A><BR>

<a name="_bclPageBorder7"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Thank you for your continued participation in Templeton Global Income Fund. We look forward to serving your future investment needs.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Sincerely,</FONT></P>
<IMG src="tlgim_a1014x6x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<I><FONT size=2 face="ArialNarrow-Italic,Arial,Helvetica,sans-serif">The foregoing information reflects our analysis, opinions and portfolio holdings as of August 31, 2014, the end of the reporting period. The way we implement our main investment strategies and the resulting portfolio holdings may change depending on factors such as market and economic conditions. These opinions may not be relied upon as investment advice or an offer for a particular security. The information is not a complete analysis of every aspect of any market, country, industry, security or the Fund. Statements of fact are from sources considered reliable, but the investment manager makes no representation or warranty as to their completeness or accuracy. Although historical performance is no guarantee of future results, these insights may help you understand our investment management philosophy.</FONT></I></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">4 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_8"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><B><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=5 face="Times New Roman,Times,serif">Performance Summary as of August 31, 2014</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times,serif">Your dividend income will vary depending on dividends or interest paid by securities in the Fund&#8217;s portfolio, adjusted for operating expenses. Capital gain distributions are net profits realized from the sale of portfolio securities. Total return reflects reinvestment of the Fund&#8217;s dividends and capital gain distributions, if any, and any unrealized gains or losses. Total returns do not reflect any sales charges paid at inception or brokerage commissions paid on secondary market purchases. The performance table does not reflect any taxes that a shareholder would pay on Fund dividends, capital gain distributions, if any, or any realized gains on the sale of Fund shares.</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="29%"></TD>

   <TD width="3%"></TD>

   <TD width="24%"></TD>

   <TD width="3%"></TD>

   <TD width="22%"></TD>

   <TD width="3%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=3 face=ArialNarrow-Bold,Arial,Helvetica,sans-serif>Share Prices</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Symbol: GIM</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>8/31/14</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>8/31/13</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Change</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net Asset Value (NAV)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8.72</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8.38</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>0.34</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Market Price (NYSE)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7.96</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8.03</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>-$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>0.07</FONT></TD></TR>

<TR>

   <TD colSpan=7>&nbsp;</TD></TR>

<TR>

   <TD colSpan=7>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=3 face=ArialNarrow-Bold,Arial,Helvetica,sans-serif>Distributions</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Dividend</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Short-Term</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Income</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Capital Gain</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Total</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>9/1/13&#8211;8/31/14</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>0.6166</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>0.0033</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>0.6199</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="13%"></TD>

   <TD width="2%"></TD>

   <TD width="10%"></TD>

   <TD width="2%"></TD>

   <TD width="2%"></TD>

   <TD width="11%"></TD>

   <TD width="2%"></TD>

   <TD width="2%"></TD>

   <TD width="9%"></TD>

   <TD width="2%"></TD>

   <TD width="2%"></TD>

   <TD width="10%"></TD>

   <TD width="2%"></TD>

   <TD width="2%"></TD>

   <TD width="9%"></TD>

   <TD width="2%"></TD>

   <TD width="2%"></TD>

   <TD width="8%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=3 face=ArialNarrow-Bold,Arial,Helvetica,sans-serif>Performance</FONT></B><B><SUP><FONT size=3 face=ArialNarrow-Bold,Arial,Helvetica,sans-serif>1</FONT></SUP></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD colSpan=4 align=center><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Average Annual</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Cumulative Total Return</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>2</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Average Annual Total Return</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>2</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Total Return (9/30/14)</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>3</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Based on</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Based on</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Based on</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Based on</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Based on</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Based on</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>NAV</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>4</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>market price</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>5</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>NAV</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>4</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>market price</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>5</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>NAV</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>4</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>market price</FONT></B><B><SUP><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>5</FONT></SUP></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>1-Year</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>11.85</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7.04</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>11.85</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7.04</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6.99</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2.57</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>5-Year</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>56.13</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>37.65</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9.32</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6.60</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8.18</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6.20</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>10-Year</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>167.64</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>154.06</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>10.35</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9.77</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9.90</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>+</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9.55</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>%</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Performance data represent past performance, which does not guarantee future results. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may differ from figures shown.</FONT></I></P>

<P style="TEXT-ALIGN: left"><B><FONT size=1 face=ArialNarrow-Bold,Arial,Helvetica,sans-serif>All investments involve risks, including possible loss of principal. Changes in interest rates will affect the value of the Fund&#8217;s portfolio and its share price and yield. Bond prices generally move in the opposite direction of interest rates. Thus, as prices of bonds in the Fund adjust to a rise in interest rates, the Fund&#8217;s share price may decline. Special risks are associated with foreign investing, including currency fluctuations, economic instability and political developments of countries where the Fund invests. Investments in developing markets involve heightened risks related to the same factors, in addition to those associated with their relatively small size and lesser liquidity. The Fund&#8217;s use of foreign currency techniques involves special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the Fund. Also, as a nondiversified investment company, the Fund may invest in a relatively small number of issuers and, as a result, be subject to a greater risk of loss with respect to its portfolio securities. The Fund is actively managed but there is no guarantee that the manager&#8217;s investment decisions will produce the desired results.</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1. The Fund has a fee waiver associated with its investments in a Franklin Templeton money fund, contractually guaranteed through at least its current fiscal year-end. Fund investment results reflect the fee waiver, to the extent applicable; without this reduction, the results would have been lower.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">2. Total return calculations represent the cumulative and average annual changes in value of an investment over the periods indicated. 3. In accordance with SEC rules, we provide standardized average annual total return information through the latest calendar quarter. 4. Assumes reinvestment of distributions based on net asset value.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">5. Assumes reinvestment of distributions based on the dividend reinvestment and cash purchase plan.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>5</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_9"></A><BR>

<a name="_bclPageBorder9"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times,serif">Important Notice to Shareholders</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Share Repurchase Program</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s Board previously authorized the Fund to repurchase up to 10% of the Fund&#146;s outstanding shares in open-market transactions, at the discretion of management. This authorization remains in effect.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In exercising its discretion consistent with its portfolio management responsibilities, the investment manager will take into account various other factors, including, but not limited to, the level of the discount, the Fund&#146;s performance, portfolio holdings, dividend history, market conditions, cash on hand, the availability of other attractive investments and whether the sale of certain portfolio securities would be undesirable because of liquidity concerns or because the sale might subject the Fund to</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">adverse tax consequences. Any repurchases would be made on a national securities exchange at the prevailing market price, subject to exchange requirements, Federal securities laws and rules that restrict repurchases, and the terms of any outstanding leverage or borrowing of the Fund. If and when the Fund&#146;s 10% threshold is reached, no further repurchases could be completed until authorized by the Board. Until the 10% threshold is reached, Fund management will have the flexibility to commence share repurchases if and when it is determined to be appropriate in light of prevailing circumstances.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In the Notes to Financial Statements section, please see note 2 (Shares of Beneficial Interest) for additional information regarding shares repurchased.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_10"></A><BR>

<a name="_bclPageBorder10"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=34%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=10>
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Financial Highlights</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=7 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Year Ended August 31,</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2014</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2013</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2012</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2011</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2010</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Per share operating performance</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">(for a share outstanding throughout the year)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Net asset value, beginning of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.08</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">10.13</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.94</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8.84</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Income from investment operations:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:5.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net investment income</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.35</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.38</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.41</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.54</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.56</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:5.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net realized and unrealized gains (losses)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.61</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.07</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.30</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.61</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1.06</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total from investment operations</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.96</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.31</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.11</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1.15</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1.62</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Less distributions from:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:5.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net investment income and net foreign currency gains</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.62</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.72</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.82</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.93</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.52</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:5.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net realized gains</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.29</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.34</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.03</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total distributions</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.62</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(1.01</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(1.16</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.96</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(0.52</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net asset value, end of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8.72</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8.38</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.08</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">10.13</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.94</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Market value, end of year</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">7.96</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8.03</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9.53</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">11.30</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">10.55</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total return (based on market value per share)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7.04</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(5.97</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(4.40</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17.54</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21.72</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Ratios to average net assets</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Expenses</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">d</FONT></SUP></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.73</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.75</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.74</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.74</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000214pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net investment income</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4.05</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4.21</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4.55</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5.37</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5.87</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR>
	<TD colspan=16>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000214pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Supplemental data</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000214pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net assets, end of year (000&#146;s)</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,169,318</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,124,611</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,209,287</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,338,948</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,307,675</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000214pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Portfolio turnover rate</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">45.61</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18.16</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">38.60</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">20.61</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15.42</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Based on average daily shares outstanding.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Amount rounds to less than &#36;0.01 per share.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Based on the last sale on the New York Stock Exchange.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Benefit of waiver and payments by affiliates and expense reduction rounds to less than 0.01%.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">The accompanying notes are an integral part of these financial statements. | Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">7</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_11"></A><BR>

<a name="_bclPageBorder11"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=55%></TD>
     <TD width=21%></TD>
     <TD width=4%></TD>
     <TD width=2%></TD>
     <TD width=15%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Statement of Investments, August 31, 2014</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Value</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Foreign Government and Agency Securities 82.4%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Brazil 8.7%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Letra Tesouro Nacional, Strip, 1/01/15</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,380</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,318,825</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Nota Do Tesouro Nacional,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:11.722397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">10.00%, 1/01/17</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">54,900</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,876,079</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.500000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Index Linked, 6.00%, 5/15/15</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">20,602</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,012,568</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.500000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Index Linked, 6.00%, 8/15/16</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,112</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,346,358</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.500000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Index Linked, 6.00%, 5/15/17</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">231</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">261,032</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.500000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Index Linked, 6.00%, 8/15/18</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,055</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">13,568,883</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.500000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Index Linked, 6.00%, 5/15/45</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,625</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">BRL</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">27,918,470</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">102,302,215</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Hungary 4.4%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of Hungary,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">7.75%, 8/24/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">56,780,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001587pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">250,821</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.50%, 2/12/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">238,600,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,044,946</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.50%, 12/22/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">101,230,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001587pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">449,639</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">4.00%, 4/25/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">206,520,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">883,449</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">6.50%, 6/24/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">481,650,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,262,892</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">7.50%, 11/12/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15,300,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">76,273</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">A, 8.00%, 2/12/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">111,800,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001587pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">479,485</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">A, 6.75%, 11/24/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">829,080,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,849,267</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">A, 5.50%, 12/20/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">112,900,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">510,098</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">A, 7.00%, 6/24/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">189,970,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001587pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">940,317</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">A, 6.00%, 11/24/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">106,510,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">500,718</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">B, 6.75%, 2/24/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">236,530,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001587pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,078,972</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">B, 5.50%, 6/24/25</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">119,210,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001587pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HUF</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">539,682</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 6.25%, 1/29/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,535,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,001,178</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 6.375%, 3/29/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,020,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,590,337</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:10.375000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">senior note, Reg S, 3.50%, 7/18/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">905,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.102203pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,241,798</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:10.375000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">senior note, Reg S, 4.375%, 7/04/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,435,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.098206pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,264,235</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:10.375000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">senior note, Reg S, 5.75%, 6/11/18</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,690,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.100586pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,965,260</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:10.375000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">senior note, Reg S, 3.875%, 2/24/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,700,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.098206pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3,817,529</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">51,746,896</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Iceland 0.3%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.108002pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Government of Iceland, 144A, 5.875%, 5/11/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,450,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3,945,006</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">India 2.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of India,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 7.80%, 5/03/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">231,200,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003204pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,666,041</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 8.28%, 9/21/27</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">69,900,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003998pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,106,203</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 8.60%, 6/02/28</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">239,800,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003204pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,924,942</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 7.28%, 6/03/19</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.005615pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">141,054</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 8.12%, 12/10/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">173,600,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003998pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,787,037</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 8.35%, 5/14/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">68,200,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003998pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,101,658</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 7.16%, 5/20/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">42,900,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003998pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">640,073</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 8.83%, 11/25/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">579,400,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003998pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">INR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9,643,295</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,010,303</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Indonesia 2.8%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of Indonesia,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">FR31, 11.00%, 11/15/20</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">141,798,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">IDR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">13,840,889</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">FR34, 12.80%, 6/15/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">64,492,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">IDR</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,875,376</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">FR35, 12.90%, 6/15/22</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">37,356,000,000</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.002380pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">IDR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">4,039,192</FONT></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">8 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_12"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="56%"></TD>

   <TD width="20%"></TD>

   <TD width="6%"></TD>

   <TD width="2%"></TD>

   <TD width="13%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Amount*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Value</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.736pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Foreign Government and Agency Securities </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Indonesia </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 6.999pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Indonesia, (continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 12.999pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>FR36, 11.50%, 9/15/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>32,651,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,189,800</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 12.999pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>FR43, 10.25%, 7/15/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,826,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>459,936</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 12.999pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, FR53, 8.25%, 7/15/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>29,878,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,576,511</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 12.999pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 8.50%, 10/15/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>19,302,000,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>IDR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,683,700</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>32,665,404</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Ireland 8.4%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Ireland,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>5.90%, 10/18/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,886,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,444,825</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>4.50%, 4/18/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,901,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,150,523</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>5.00%, 10/18/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>28,162,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>45,965,899</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 4.50%, 10/18/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,303,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,993,228</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 5.40%, 3/13/25</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>21,783,580</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>EUR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>37,919,683</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>98,474,158</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Lithuania 2.3%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>d</FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Lithuania, 144A,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>6.75%, 1/15/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>15,000,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>15,342,750</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>7.375%, 2/11/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8,825,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>10,808,507</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>6.125%, 3/09/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,160,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,363,081</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>27,514,338</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Malaysia 3.3%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Malaysia,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>3.741%, 2/27/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>24,130,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7,679,105</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>3.835%, 8/12/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>11,765,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,754,385</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>4.72%, 9/30/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,770,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,536,919</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>3.197%, 10/15/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>21,885,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,939,590</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 4.262%, 9/15/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>23,980,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7,733,027</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 3.172%, 7/15/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>35,170,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>MYR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>11,113,899</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>38,756,925</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Mexico 4.8%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Mexico,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>9.50%, 12/18/14</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>835,400</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>e </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,510,045</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>6.00%, 6/18/15</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>55,520</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>e </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>434,393</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>8.00%, 12/17/15</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,131,300</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>e </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9,191,229</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>6.25%, 6/16/16</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>354,030</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>e </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,844,211</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>7.25%, 12/15/16</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,702,400</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>e </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>30,568,350</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.555pt" align=left><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>f</FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>Mexican Udibonos, Index Linked,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>4.50%, 12/18/14</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>103,695</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>g </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>801,759</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>5.00%, 6/16/16</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>265,566</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>g </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,216,349</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>3.50%, 12/14/17</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>205,503</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>g </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,713,743</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>4.00%, 6/13/19</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>119,507</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>g </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,028,451</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>2.50%, 12/10/20</FONT></TD>

   <TD colSpan=2 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>94,245</FONT><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>g </FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>749,268</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>56,057,798</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Peru 3.5%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 7pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Peru,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>9.91%, 5/05/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,500,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>PEN</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,385,026</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 13pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 7.84%, 8/12/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>93,349,000</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>PEN</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>38,102,604</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px double" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>40,487,630</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=center><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD colSpan=3 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Annual Report </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>9</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_13"></A><BR>

<a name="_bclPageBorder13"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=58%></TD>
     <TD width=21%></TD>
     <TD width=4%></TD>
     <TD width=6%></TD>
     <TD width=9%></TD></TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Value</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Foreign Government and Agency Securities </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Philippines 0.1%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of the Philippines,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 7.00%, 1/27/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,250,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.004028pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=left style="TEXT-INDENT:22.843994pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">102,506</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 9.125%, 9/04/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,270,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.005615pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">57,439</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 1.625%, 4/25/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">51,390,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.004028pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,165,655</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,325,600</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Poland 11.1%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of Poland,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.50%, 4/25/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,200,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,248,157</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">6.25%, 10/24/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">29,604,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,660,576</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.00%, 4/25/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">32,530,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,605,815</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">4.75%, 10/25/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">210,985,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">69,372,179</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.75%, 9/23/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">60,500,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">22,500,842</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:10.285706pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">h</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">FRN, 2.69%, 1/25/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">22,569,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003296pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,058,733</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:10.000000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">h</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">FRN, 2.69%, 1/25/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">22,894,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003235pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PLN</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">7,081,968</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">129,528,270</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Portugal 1.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of Portugal,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">144A, 5.125%, 10/15/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,090,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,512,806</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, Reg S, 4.95%, 10/25/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">92,700</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.092010pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">139,606</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">senior note, Reg S, 5.65%, 2/15/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">232,100</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.100830pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">364,790</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">12,017,202</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Russia 0.4%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.108002pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Government of Russia, senior bond, 144A, 7.50%, 3/31/30</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,680,605</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">5,210,566</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Serbia 0.6%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.108002pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Government of Serbia, senior note, 144A,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.25%, 11/21/17</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,930,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,014,438</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">7.25%, 9/28/21</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,140,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">4,768,307</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6,782,745</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Singapore 0.0%</FONT></B><SUP><FONT size=2 face="Arial,Helvetica,sans-serif">&#134;</FONT></SUP></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Government of Singapore, senior note, 1.125%, 4/01/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">300,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.052002pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">SGD</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">242,920</FONT></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Slovenia 1.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:3.108002pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Government of Slovenia, senior note, 144A,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.50%, 10/26/22</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,460,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,162,719</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">5.85%, 5/10/23</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,710,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">4,210,201</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">11,372,920</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">South Korea 14.6%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:7.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Korea Monetary Stabilization Bond,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 2.47%, 4/02/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,986,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001617pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,947,224</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 2.80%, 8/02/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,216,010,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,037,892</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior bond, 2.81%, 10/02/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,004,000,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.003235pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,931,545</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.76%, 6/02/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,144,700,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,025,790</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.66%, 6/09/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,120,900,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">13,960,712</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.90%, 12/02/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">41,563,400,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001617pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">41,251,911</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.78%, 2/02/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15,212,670,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15,083,600</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.80%, 4/02/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,684,690,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.000793pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,539,852</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.79%, 6/02/16</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,443,800,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.001617pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,425,071</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:13.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">senior note, 2.46%, 8/02/16</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">279,200,000</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.001617pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">KRW</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">275,460</FONT></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">10 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_14"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="2%"></TD>

   <TD width="54%"></TD>

   <TD width="20%"></TD>

   <TD width="6%"></TD>

   <TD width="2%"></TD>

   <TD width="12%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Amount*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Value</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.557pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Foreign Government and Agency Securities </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>South Korea </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Korea Treasury Bond,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 5.25%, 9/10/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,000,000,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,058,811</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 4.00%, 3/10/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>621,000,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>626,885</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 4.50%, 3/10/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>310,500,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>309,615</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 3.25%, 6/10/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,121,500,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,113,687</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 4.00%, 9/10/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,635,500,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,639,367</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 2.75%, 12/10/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,768,900,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.004pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,724,611</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 2.75%, 6/10/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>14,048,300,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>13,931,160</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 3.00%, 12/10/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>12,595,000,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>KRW</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>12,564,298</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>170,447,491</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Sri Lanka 3.2%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Sri Lanka,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>8.25%, 3/01/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>32,710,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>257,133</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>10.60%, 7/01/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>260,430,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,228,293</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>10.60%, 9/15/19</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>437,300,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,739,900</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>11.20%, 7/01/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>55,890,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>492,957</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 11.75%, 3/15/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,880,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>54,273</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 6.50%, 7/15/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>194,620,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,493,708</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 11.00%, 8/01/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,103,400,000</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8,803,858</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 8.50%, 11/01/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>115,700,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>906,077</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 6.40%, 8/01/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>87,600,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>667,759</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 5.80%, 1/15/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>88,200,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>657,633</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 7.50%, 8/15/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>20,760,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>159,409</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 8.00%, 11/15/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>413,650,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,220,660</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>A, 9.00%, 5/01/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>702,230,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>5,584,354</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>B, 6.40%, 10/01/16</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>96,500,000</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>731,086</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>B, 8.50%, 7/15/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>119,270,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>948,871</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>C, 8.50%, 4/01/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>359,370,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,852,084</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>D, 8.50%, 6/01/18</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>515,850,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>LKR</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>4,087,447</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>36,885,502</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 1.592pt" align=left><SUP><FONT size=2 face=Arial,Helvetica,sans-serif>i</FONT></SUP><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Supranational 1.4%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Inter</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>-American Development Bank, senior note, 7.50%, 12/05/24</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>185,000,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.028pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>MXN</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>16,566,823</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Sweden 3.2%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Sweden, 4.50%, 8/12/15</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>248,660,000</FONT></TD>

   <TD style="TEXT-INDENT: 0.09pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>SEK</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>37,039,421</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Ukraine 4.4%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>d</FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Ukraine,</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>144A, 9.25%, 7/24/17</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>49,890,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>46,054,706</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior bond, 144A, 7.80%, 11/28/22</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,240,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,957,200</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 144A, 7.95%, 2/23/21</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>350,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>308,000</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 9.891pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>senior note, 144A, 7.50%, 4/17/23</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,290,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>2,806,781</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>51,126,687</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Vietnam 0.9%</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD align=left><SUP><FONT size=1 face=Arial,Helvetica,sans-serif>d</FONT></SUP><FONT size=1 face=Arial,Helvetica,sans-serif>Government of Vietnam, 144A, 6.75%, 1/29/20</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9,270,000</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>10,550,280</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD style="TEXT-INDENT: 3.891pt" align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Total Foreign Government and Agency Securities</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right>&nbsp;</TD>

   <TD align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>(Cost $916,812,296)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>964,057,100</FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>Annual Report</FONT></P>

<P style="TEXT-ALIGN: left"><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>11</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_15"></A><BR>

<a name="_bclPageBorder15"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=54%></TD>
     <TD width=22%></TD>
     <TD width=6%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD></TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Value</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Short Term Investments 14.3%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Foreign Government and Agency Securities 4.3%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Malaysia 0.8%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.044693pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">j</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Bank of Negara Monetary Notes, 9/09/14 - 8/11/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">30,175,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.065613pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">MYR</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9,361,657</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Philippines 0.8%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.044693pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">j</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Philippine Treasury Bills, 9/03/14 - 8/05/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">417,690,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.005615pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">PHP</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9,555,112</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Singapore 2.1%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.044693pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">j</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Monetary Authority of Singapore Treasury Bills,</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.199997pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">10/10/14</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">26,170,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002411pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">SGD</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">20,945,994</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.199997pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">9/30/14 - 1/20/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,080,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">SGD</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">4,065,859</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">25,011,853</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Sweden 0.6%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.044693pt">
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">j</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Sweden Treasury Bills, 9/17/14 - 12/17/14</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">45,580,000</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.082397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">SEK</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6,518,920</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Total Foreign Government and Agency Securities</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:16.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">(Cost &#36;50,863,287)</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">50,447,542</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Total Investments before Money Market Funds</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:16.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">(Cost &#36;967,675,583)</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,014,504,642</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Money Market Funds (Cost &#36;116,081,751) 10.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">United States 10.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">k,l</FONT></SUP><FONT size=1 face="Arial,Helvetica,sans-serif">Institutional Fiduciary Trust Money Market Portfolio</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">116,081,751</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">116,081,751</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Total Investments (Cost &#36;1,083,757,334) 96.7%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,130,586,393</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Other Assets, less Liabilities 3.3%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">38,731,197</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.199997pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Assets 100.0%</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,169,317,590</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*The principal amount is stated in U.S. dollars unless otherwise indicated.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">&#134;</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Rounds to less than 0.1% of net assets.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 1,000 Brazilian Real Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Redemption price at maturity is adjusted for inflation. See Note 1(f).</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">c</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Security was purchased pursuant to Regulation S under the Securities Act of 1933, which exempts from registration securities offered and sold outside of the United States.</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Such a security cannot be sold in the United States without either an effective registration statement filed pursuant to the Securities Act of 1933, or pursuant to an exemption</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">from registration. These securities have been deemed liquid under guidelines approved by the Fund&#146;s Board of Trustees. At August 31, 2014, the aggregate value of these</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">securities was &#36;30,793,218, representing 2.63% of net assets.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">d</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">or in a public offering registered under the Securities Act of 1933. These securities have been deemed liquid under guidelines approved by the Fund&#146;s Board of Trustees. At</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">August 31, 2014, the aggregate value of these securities was &#36;128,015,348, representing 10.95% of net assets.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">e</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 100 Mexican Peso Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">f</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount of security is adjusted for inflation. See Note 1(f).</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">g</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Principal amount is stated in 100 Unidad de Inversion Units.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">h</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The coupon rate shown represents the rate at period end.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">i</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">A supranational organization is an entity formed by two or more central governments through international treaties.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">j</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">The security is traded on a discount basis with no stated coupon rate.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">k</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Non-income producing.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">l</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">See Note 3(c) regarding investments in the Institutional Fiduciary Trust Money Market Portfolio.</FONT><BR>
<BR>
<FONT size=1 face="Arial,Helvetica,sans-serif">12 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_16"></A><BR>

<a name="_bclPageBorder16"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund had the following forward exchange contracts outstanding. See Note 1(c).</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=11%></TD>
     <TD width=5%></TD>
     <TD width=12%></TD>
     <TD width=10%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Forward Exchange Contracts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date Appreciation Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">947,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,247,388</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/03/14</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,138</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">947,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,254,112</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,862</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">71,050,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,188,654</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(15,792</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">71,050,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,175,741</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,879</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">139,262,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,311,806</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,058</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(14,990</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">139,262,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,296,916</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,959</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,256,815,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,961,858</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/05/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(118,224</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,495,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,612,976</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/05/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">20,235</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,166,790,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,047,719</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/08/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(61,107</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">82,460,700</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,181,462</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/10/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">117,662</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Singapore Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,461,270</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,463,100</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/15/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">111,603</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,298,030,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,945,116</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/17/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(35,816</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">370,478</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">494,959</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/19/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,149</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">73,333,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,204,406</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/23/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,498</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">899,632</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,217,886</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/24/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">35,734</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">108,491,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,780,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/26/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,023</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,107,150,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,114,900</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(233,772</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">208,232,400</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,413,265</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,772</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">73,333,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,211,115</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(6,684</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">130,931,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,327,867</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">69,271</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">150,288,486</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">16,392,187 EUR 10/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(44,607</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,176,260,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,096,720</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/06/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(99,154</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">173,786,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,871,903</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/07/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(20,240</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">110,524,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,813,192</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/15/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,501</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">45,098,000</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,869,011 EUR 10/16/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">51,390</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">237,003,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,886,601</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/17/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,707</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">219,208,545</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">421,312</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(49,472</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,729,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15,928,334</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">513,090</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,080,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,879,385</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">43,704</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">67,596,340</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,154,124</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/21/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(4,379</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">33,196,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">543,662</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/22/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(18</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">146,100,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,498,154</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/22/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">93,510</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,989,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,426,353</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/22/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">49,023</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">62,150,960</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,722,717</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/22/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,869</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,771,590</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,641,157</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/23/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17,269</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,027,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,323,227</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/24/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">401,797</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,263,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,565,751</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/24/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">47,188</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,510,477</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,701,815</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/24/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">40,716</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">47,431,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">90,742</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/27/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(10,332</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,780,907</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,845,194</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/27/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">190,100</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">94,814,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">180,529</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/29/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(19,818</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">45,098,000</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,918,154 EUR 10/29/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(13,989</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">153,987,100</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,531,642</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(12,659</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">397,766,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,541,688</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(34,872</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">89,650,000</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,776,978 EUR 10/30/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(28,202</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,646,550</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,273,902</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/31/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">109,688</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">153,987,100</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,520,825</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/31/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,268</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">54,730,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">896,097</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/31/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(953</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,507,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,722,014</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10/31/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,703</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">29,978,900</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3,304,152 EUR 10/31/14</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(55,127</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=3>
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">13</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_17"></A><BR>

<a name="_bclPageBorder17"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=19%></TD>
     <TD width=15%></TD>
     <TD width=5%></TD>
     <TD width=12%></TD>
     <TD width=10%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date Appreciation Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">111,459</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">153,373</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/03/14</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,869</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">71,050,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,164,754</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,275</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">139,262,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,276,267</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/03/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">298</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">783,291</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,059,323</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/05/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">29,731</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">104,080,747</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,058,699</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/10/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">57,909</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">517,652</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">690,258</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/12/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,797</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">29,570,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">472,723</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/12/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,934</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">286,780,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,908,519</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/12/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">150,944</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">74,630,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,203,778</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/13/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,168</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">102,242,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,033,896</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/13/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">50,767</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">73,333,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,198,722</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/14/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,145</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">245,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,465,682</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/14/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">109,818</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">398,651</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">535,875</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/17/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,822</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">183,499,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,853,151</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/17/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">88,632</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">103,657,300</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,045,797</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/17/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">49,033</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">817,802</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,101,498</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/19/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">26,427</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">159,192,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,560,971</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/19/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">34,382</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">733,240,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,339,887</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/19/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">288,989</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">592,373,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,926,100</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/19/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">229,791</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,266,040</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,615,994</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/19/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">46,759</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,056,324</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,844,301</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">197,283</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">823,639,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,264,489</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">344,255</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">154,574,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,550,220</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">63,814</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">532,106,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,335,446</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">218,636</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,175,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">975,123</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/20/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">27,327</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">68,380,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,110,227</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/21/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,216</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">28,384,373</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,098,392 EUR 11/26/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(13,678</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">91,000,000</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,938,187 EUR 11/26/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(50,127</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,650,520,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,900,228</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/28/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(110,067</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">820,797</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,112,180</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/28/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">33,099</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">108,491,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,770,212</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11/28/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(4,156</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">497,300,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">872,303</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/01/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(31,822</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,548,865</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,844,200</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/09/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">178,222</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,325,806</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,811,223</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/09/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">68,079</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">16,656,368</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,059,343</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/17/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">191,259</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">186,830,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,821,514</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/22/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">24,379</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">187,120,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,821,545</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/22/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,620</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">132,990,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,282,511</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/26/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,215</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">207,460,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,000,667</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12/26/14</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,007</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">69,178,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">667,027</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/08/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,479</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,824,400</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,033,916</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/08/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">114,531</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,602,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,075,116</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/08/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">59,017</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,937,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">578,485</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/09/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">31,282</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,432,600,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,597,407</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(183,906</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">581,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">173,692</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,174</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15,057,111</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">20,462,764</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">660,905</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">94,950,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">907,831</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(5,712</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,459,575</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,358,304</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/14/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">123,652</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,792,783</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,184,734</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/14/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">196,745</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">237,550,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,290,656</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/15/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,069</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">372,780,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,584,423</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/15/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,280</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">154,420,000</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,488,895</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1/15/15</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3,143</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">14 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=3>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_18"></A><BR>

<a name="_bclPageBorder18"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=18%></TD>
     <TD width=15%></TD>
     <TD width=5%></TD>
     <TD width=11%></TD>
     <TD width=9%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=5>
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=5>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date Appreciation Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">95,240,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">921,377</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/16/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,016</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">219,020,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,119,771</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,448</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,392,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">419,416</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,603</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,052,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,433,876</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/21/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">50,292</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,459,575</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,342,255</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">107,414</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,968,980,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,557,326</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/23/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(242,953</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,792,880,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,947,091</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(246,921</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,351,556</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,954,604</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">231,214</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">631,276,974</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,182,928</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">108,273</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">817,266,455</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,986,109</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">121,713</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">338,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">461,286</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">16,721</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,048,520,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,849,894</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/04/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(86,531</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,651,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,965,484</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/04/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">125,018</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">170,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">52,682</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/09/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">735</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">726,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,249,269</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(28,527</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,294,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,562,672</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">283,634</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,393,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,413,389</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">373,356</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,662,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,421,163</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">342,677</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">152,232,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,499,409</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">34,311</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,054,254,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,542,159</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">385,442</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17,259,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,467,062</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">764,652</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,630,490,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,832,679</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(92,241</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">110,363,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,080,909</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,741</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,873,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,403,776</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">362,931</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,019,520,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,532,482</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/17/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(139,469</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">606,970,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,056,335</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/17/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(36,559</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,653,630,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,829,862</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(51,794</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">85,279,140</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">839,651</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">18,847</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">100,450,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">989,236</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">22,414</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,428,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17,043,946</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">695,256</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,108,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,818,940</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">99,181</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">332,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">569,323</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/20/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(11,318</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">801,470,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,403,134</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/23/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(57,188</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,210,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,545,892</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/23/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">376,570</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,128,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,976,174</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/24/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(82,015</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">187,760,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,840,387</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/24/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">33,100</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,174,700,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,048,836</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/25/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(76,406</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,097,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">16,586,197</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/25/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">672,230</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">187,900,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,833,869</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/25/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">25,215</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,047,180,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,823,085</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(64,895</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,618,433</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,343,023</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">267,274</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,685,912</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,928,363</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">501,669</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">726,500,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,103,953</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">110,861</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">696,345,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,815,019</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">112,191</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,471,272</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,011,670</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">76,128</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,039,070</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">19,243,353</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">774,159</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">62,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,553,634</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">131,111</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">117,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,573,941</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">266,626</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,082,945,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,869,080</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/03/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(51,469</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">416,700,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,092,221</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/03/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">80,945</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">196,900,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,929,446</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/04/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">34,007</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,348,368</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,852,995</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3/09/15</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">78,959</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=3>
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">15</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_19"></A><BR>

<a name="_bclPageBorder19"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=19%></TD>
     <TD width=14%></TD>
     <TD width=5%></TD>
     <TD width=11%></TD>
     <TD width=9%></TD>
     <TD width=3%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=right colspan=3>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date Appreciation Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,610,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,567,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/09/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">607,519</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,285,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,766,567</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/09/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">75,904</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">192,016,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,877,756</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/09/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">29,219</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,817,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,666,848</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">329,101</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,640,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,041,309</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">252,145</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,135,180,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,929,299</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(25,330</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">296,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">410,206</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">20,733</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Singapore Dollar</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,787,381</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17,245,721</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/17/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">199,202</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">220,552,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,172,626</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">49,131</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">311,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,082,104</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">85,841</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">670,400,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,137,235</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/20/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(13,356</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">125,158,380</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,226,562</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/25/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,441</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,130,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">336,530</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17,464</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7,909,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">10,903,941</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">494,747</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,130,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">339,288</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,488</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,955,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,466,720</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">261,306</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,144,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,357,741</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/14/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">219,691</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">146,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,442,310</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/15/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">36,164</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,695,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,519,524</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">339,962</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,365,740</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,583,234</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">25,934</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">19,607,841</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,930,090</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/21/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">204,539</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,026,945</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,583,198</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">282,174</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,683,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,248,336</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">450,912</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,107,651</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,692,629</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/05/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">285,089</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">730,900,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,247,483</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(26,555</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">152,233,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,503,209</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">36,569</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">560,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">771,680</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">34,405</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">203,561,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,005,330</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">44,163</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">152,158,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,500,276</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/13/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">34,341</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,688,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,325,119</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/14/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">102,738</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">152,157,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,496,886</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/14/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">30,944</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">705,633,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,950,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">151,323</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">704,526,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,960,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">171,914</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">706,440,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,960,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">153,472</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">705,604,100</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,960,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">161,526</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">707,007,200</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,960,000</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/19/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">148,007</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,278,980,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,009,465</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(205,431</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">39,025,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,940,179</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(9,284</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">454,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">617,751</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/01/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">19,899</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,898,900,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,341,369</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/04/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(174,873</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">521,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">914,236</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/05/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(44,181</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">153,700,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,504,915</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/09/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,525</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">230,100,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,252,724</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/09/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">34,976</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,495,500</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,775,902</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">172,218</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">474,230,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,644,419</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">73,615</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">496,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,858,110</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">69,768</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">505,050,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,948,099</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">80,241</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">167,200,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,636,969</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">25,405</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">467,930,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,580,274</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">70,111</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Polish Zloty</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,203,000</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,243,666</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(36,184</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Polish Zloty</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">26,670,000</FONT></TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,367,283</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(175,860</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">3,756,000</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">5,090,770</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6/15/15</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">143,631</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">16 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=3>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_20"></A><BR>

<a name="_bclPageBorder20"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=18%></TD>
     <TD width=14%></TD>
     <TD width=4%></TD>
     <TD width=11%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=6%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=7>
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=5>
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=3>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Contract Settlement</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date Appreciation Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">230,997,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,270,642</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/17/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">43,927</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">197,300,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,939,629</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/17/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">37,738</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">187,160,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,837,965</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">33,657</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,077,292</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,675,378</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/24/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">88,724</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,516,266</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,375,401</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">31,679</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">894,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,221,079</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">43,021</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,228,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,676,662</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/16/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">58,480</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,276,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,094,791</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/17/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">95,575</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,403,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,902,089</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/20/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">53,193</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,759,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,199,410</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/20/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">138,526</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">772,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,046,755</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">29,370</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">905,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,225,135</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">32,475</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">75,842,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,318,063</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">280,767</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,019,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,498,583</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/22/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">135,876</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">701,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">949,631</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/23/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">25,800</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">178,564,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,766,876</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/24/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">44,442</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">275,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,719,676</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/24/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">67,017</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,802,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,430,105</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">55,152</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,428,470</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">56,153</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">95,800,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">947,952</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,812</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">117,760,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">36,411,985</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">219,257</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,167,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,247,673</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">126,602</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,739,030,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,992,909</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(105,282</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,235,940,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,126,568</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(74,313</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">960,795</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,296,045</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">29,743</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,683,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,018,842</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">210,825</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">596,880,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,025,743</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(34,791</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">48,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,842,301</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">86,296</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,167,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,248,418</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">EUR</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/30/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">124,657</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">561,810,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">966,056</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(33,401</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,683,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,985,026</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">176,615</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,687,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">519,365</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,283</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,765,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,699,249</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">26,616</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,123,610,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,905,716</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/04/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(41,006</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,684,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,970,095</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/04/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">159,841</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,094,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,503,462</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/05/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">107,035</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">893,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,200,513</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/05/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,423</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">170,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">52,013</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/06/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">837</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">851,902</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,139,283</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/10/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">16,282</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,775,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,378,420</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">38,529</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,248,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,010,915</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">47,492</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">613,483,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,021,919</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/11/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">102,317</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">727,600,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,229,469</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(22,723</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,183,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,588,461</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">28,950</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,400,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,035,228</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,412</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,324,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">804,515,493</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPY</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/12/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">343,266</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">617,690,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,040,846</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(16,869</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">687,444,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,740,407</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">106,303</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">980,000,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">942,670</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/18/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,540</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">332,400,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">560,303</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/20/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(9,353</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,286,140,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">12,584,540</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/20/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">172,337</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">926,943,000</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">9,074,243</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8/20/15</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">128,557</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=12>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=3>
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">17</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_21"></A><BR>

<a name="_bclPageBorder21"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">STATEMENT OF INVESTMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=11%></TD>
     <TD width=5%></TD>
     <TD width=13%></TD>
     <TD width=8%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=9%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Forward Exchange Contracts </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Contract</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Settlement</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a </FONT></SUP><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Type</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Quantity</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount*</FONT></B></TD>
	<TD align=right colspan=5 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date Appreciation Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,920,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,641,579</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/21/15</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,915</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">307,053,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,984,313</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/24/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">20,810</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">303,441,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,934,405</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/25/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,710</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">608,984,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,892,443</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/25/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">14,765</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,464,790</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,949,086</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">17,697</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">860,890,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8,336,626</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">27,499</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">612,179,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,923,988</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/26/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">15,367</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,106,070,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,845,603</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(13,304</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,821,732</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,061,788</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">22,594</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">509,728,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,920,606</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">730</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">980,688,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9,467,745</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,182</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">450,908,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,358,557</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/27/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,410</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Chilean Peso</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Buy</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">364,500,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">608,311</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/28/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(4,532</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">577,980</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">764,448</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,299</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">304,127,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,940,201</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">8/31/15</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,565</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sell</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">947,000</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,251,442</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">9/02/15</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">2,651</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:12.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,637,777</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">Net unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">19,798,603</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="TEXT-INDENT:0.000107pt">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">May be comprised of multiple contracts with the same counterparty, currency and settlement date.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000412pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*In U.S. dollars unless otherwise indicated.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=36%></TD>
     <TD width=13%></TD>
     <TD width=8%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=8%></TD>
     <TD width=2%></TD>
     <TD width=9%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:0.000107pt">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund had the following interest rate swap contracts outstanding. See Note 1(c).</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=10>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Interest Rate Swap Contracts</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty/ Expiration</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Notional</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Description</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Exchange</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Date</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=3 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amount Appreciation</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Depreciation</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Centrally Cleared Swaps</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712112pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 2.731%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">LCH</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">7/07/24</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">11,090,000</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(283,493</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:6.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Centrally Cleared Swaps unrealized</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:8.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(283,493</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">OTC Swaps</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 3.558%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/04/21</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,160,000</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(126,964</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 3.523%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/28/21</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,970,000</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(417,153</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 4.215%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1/11/41</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,030,000</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(684,711</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 4.347%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/25/41</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,980,000</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,723,268</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 4.349%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/25/41</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,980,000</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,726,815</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 4.320%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2/28/41</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,230,000</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,272,034</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Receive Floating rate 3-month USD BBA LIBOR</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:2.712006pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Pay Fixed rate 4.299%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3/01/41</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,740,000</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(448,830</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:11.779709pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">OTC Swaps unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(6,399,775</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:15.995712pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total Interest Rate Swaps unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(6,683,268</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">Net unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(6,683,268</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR>
	<TD colspan=10>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">See Abbreviations on page 31.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=10>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">18 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report | The accompanying notes are an integral part of these financial statements.</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=3>
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_22"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="49%"></TD>

   <TD width="2%"></TD>

   <TD width="44%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=3 face=ArialNarrow-Bold,Arial,Helvetica,sans-serif>Financial Statements</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Statement of Assets and Liabilities</FONT></B></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>August 31, 2014</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=4>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Assets:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investments in securities:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Cost - Unaffiliated issuers</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>967,675,583</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.898pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Cost - Sweep Money Fund (Note 3c)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>116,081,751</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.753pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Total cost of investments</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,083,757,334</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.897pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Value - Unaffiliated issuers</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,014,504,642</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.898pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Value - Sweep Money Fund (Note 3c)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>116,081,751</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.753pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Total value of investments</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,130,586,393</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.898pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Restricted cash (Note 1d)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7,967,800</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Foreign currency, at value (cost $9,214,141)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>9,206,098</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Receivables:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Interest</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>16,074,610</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Due from brokers</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,652,357</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Variation margin</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>12,956</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Unrealized appreciation on forward exchange contracts</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>23,436,380</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,188,936,594</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Liabilities:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Payables:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Management fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>612,872</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.754pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Transfer agent fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>22,790</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Due to brokers</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>7,967,800</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Unrealized depreciation on forward exchange contracts</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>3,637,777</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Unrealized depreciation on OTC swap contracts</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,399,775</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Deferred tax</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>584,491</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.007pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Accrued expenses and other liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>393,499</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>19,619,004</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net assets, at value</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,169,317,590</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net assets consist of:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Paid-in capital</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,114,225,731</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Distributions in excess of net investment income</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>(4,277,302</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net unrealized appreciation (depreciation)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>59,023,786</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.007pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Accumulated net realized gain (loss)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>345,375</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=center><FONT size=1 face=Arial,Helvetica,sans-serif>Net assets, at value</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,169,317,590</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Shares outstanding</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>134,144,158</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net asset value per share</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8.72</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>The accompanying notes are an integral part of these financial statements. | Annual Report </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>19</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_23"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR><FONT size=1 face="Times New Roman,Times,serif">FINANCIAL STATEMENTS</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Statement of Operations</FONT></B><BR><FONT size=1 face=Arial,Helvetica,sans-serif>for the year ended August 31, 2014</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="67%"></TD>

   <TD width="2%"></TD>

   <TD width="26%"></TD>

   <TD width="2%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investment income:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Interest (net of foreign taxes of $1,103,063)</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>54,723,590</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Expenses:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Management fees (Note 3a)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>6,165,937</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.007pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Administrative fees (Note 3b)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>1,059,090</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.305pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Transfer agent fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>240,407</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.45pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Custodian fees (Note 4)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>526,160</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.45pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Reports to shareholders</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>102,123</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.45pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Registration and filing fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>121,997</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.45pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Professional fees</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>68,656</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.306pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustees&#8217; fees and expenses</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>98,169</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Other</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>29,127</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total expenses</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8,411,666</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 26.695pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Expense reductions (Note 4)</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>(43</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 26.695pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Expenses waived/paid by affiliates (Note 3c)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>(88,006</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net expenses</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8,323,617</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net investment income</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>46,399,973</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Realized and unrealized gains (losses):</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.45pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net realized gain (loss) from:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investments</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>21,849,027</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Foreign currency transactions</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>889,282</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.898pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Swap contracts</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>(1,143,489</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 44.492pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net realized gain (loss)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>21,594,820</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net change in unrealized appreciation (depreciation) on:</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.899pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investments</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>33,167,432</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 8.754pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Translation of other assets and liabilities denominated in foreign currencies</FONT></TD>

   <TD align=right>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>26,666,873</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 4.449pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Change in deferred taxes on unrealized appreciation</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>33,479</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 44.492pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net change in unrealized appreciation (depreciation)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>59,867,784</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net realized and unrealized gain (loss)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>81,462,604</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Net increase (decrease) in net assets resulting from operations</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>127,862,577</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>20 </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>Annual Report | The accompanying notes are an integral part of these financial statements.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_24"></A><BR>

<a name="_bclPageBorder24"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">FINANCIAL STATEMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=63%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Statements of Changes in Net Assets</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=7>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=4 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Year Ended August 31,</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2014</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2013</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Increase (decrease) in net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Operations:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:8.899200pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net investment income</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">46,399,973</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">51,259,249</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:8.899200pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net realized gain (loss) from investments, foreign currency transactions and swap contracts</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">21,594,820</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">48,036,014</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:8.899200pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net change in unrealized appreciation (depreciation) on investments, translation of other assets</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.570297pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">and liabilities denominated in foreign currencies and deferred taxes</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">59,867,784</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(57,107,407</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:26.695297pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net increase (decrease) in net assets resulting from operations</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">127,862,577</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">42,187,856</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.448898pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Distributions to shareholders from:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:8.898499pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net investment income and net foreign currency gains</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(82,713,288</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(96,713,653</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:8.898407pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net realized gains</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(442,676</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(38,439,049</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.304703pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total distributions to shareholders</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(83,155,964</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(135,152,702</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449203pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Capital share transactions (Note 2)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">8,288,993</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:26.695602pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net increase (decrease) in net assets</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">44,706,613</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(84,675,853</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449203pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Beginning of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,124,610,977</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,209,286,830</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449203pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">End of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,169,317,590</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,124,610,977</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Undistributed net investment income (distributions in excess of net investment income) included in</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449997pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">net assets:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449203pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">End of year</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(4,277,302</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">11,822,110</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com The accompanying notes are an integral part of these financial statements. | Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">21</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_25"></A><BR>

<a name="_bclPageBorder25"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Notes to Financial Statements</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">1. Organization and Significant Accounting Policies</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Templeton Global Income Fund (Fund) is registered under the Investment Company Act of 1940, as amended, (1940 Act) as a closed-end management investment company.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The following summarizes the Fund&#146;s significant accounting policies.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">a. Financial Instrument Valuation</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s investments in financial instruments are carried at fair value daily. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Fund calculates the net asset value (NAV) per share at the close of the New York Stock Exchange (NYSE), generally at 4 p.m. Eastern time (NYSE close) on each day the NYSE is open for trading. Under compliance policies and procedures approved by the Fund&#146;s Board of Trustees (the Board), the Fund&#146;s administrator has responsibility for oversight of valuation, including leading the cross-functional Valuation and Liquidity Oversight Committee (VLOC). The VLOC provides administration and oversight of the Fund&#146;s valuation policies and procedures, which are approved annually by the Board. Among other things, these procedures allow the Fund to utilize independent pricing services, quotations from securities and financial instrument dealers, and other market sources to determine fair value.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Debt securities generally trade in the over-the-counter (OTC) market rather than on a securities exchange. The Fund&#146;s pricing services use multiple valuation techniques to determine fair value. In instances where sufficient market activity exists, the pricing services may utilize a market-based approach through which quotes from market makers are used to determine fair value. In instances where sufficient market activity may not exist or is limited, the pricing services also utilize proprietary valuation models which may consider market characteristics such as benchmark yield curves, credit spreads, estimated default rates, anticipated market interest rate volatility, coupon rates, anticipated timing of principal repayments, underlying collateral, and other unique security features in order to estimate the relevant cash flows, which are then discounted to calculate the fair value. Securities denominated in a foreign currency are converted into their U.S. dollar equivalent at the foreign exchange rate in effect at the NYSE close on the date that the values of the foreign debt securities are determined. Investments in open-end mutual funds are valued at the closing net asset value.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Derivative financial instruments (derivatives) listed on the exchange are valued at the official closing price of the day. Certain derivatives trade in the OTC market. The Fund&#146;s pricing services use various techniques including industry standard option pricing models and proprietary discounted cash flow models to determine the fair value of those instruments. The Fund&#146;s net benefit or obligation under the derivative contract, as measured by the fair value of the contract, is included in net assets.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund has procedures to determine the fair value of financial instruments for which market prices are not reliable or readily available. Under these procedures, the VLOC convenes on a regular basis to review such financial instruments and considers a number of factors, including significant unobservable valuation inputs, when arriving at fair value. The VLOC primarily employs a market-based approach which may use related or comparable assets or liabilities, recent transactions, market multiples, book values, and other relevant information for the investment to determine the fair value of the investment. An income-based valuation approach may also be used in which the anticipated future cash flows of the investment are discounted to calculate fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Due to the inherent uncertainty of valuations of such investments, the fair values may differ significantly from the values that would have been used had an active market existed. The VLOC employs various methods for calibrating these valuation approaches including a regular review of key inputs and assumptions, transactional back-testing or disposition analysis, and reviews of any related market activity.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Trading in securities on foreign securities stock exchanges and OTC markets may be completed before the daily NYSE close. In addition, trading in certain foreign markets may not take place on every NYSE business day. Occasionally, events occur between the time at which trading in a foreign security is completed and the close of the NYSE that might call into question the reliability of the value of a portfolio security held by the Fund. As a result, differences may arise between the value of the Fund&#146;s portfolio securities as determined at the foreign market close and the latest indications of value at the close of the NYSE. In order to minimize the potential for these differences, the VLOC monitors price movements following the close of trading in foreign stock markets through a series of country specific market proxies (such as baskets of American Depositary Receipts, futures contracts and exchange traded</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">22 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: center;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_26"></A><BR>

<a name="_bclPageBorder26"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">funds). These price movements are measured against established trigger thresholds for each specific market proxy to assist in determining if an event has occurred that may call into question the reliability of the values of the foreign securities held by the Fund. If such an event occurs, the securities may be valued using fair value procedures, which may include the use of independent pricing services.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Also, when the last day of the reporting period is a non-business day, certain foreign markets may be open on those days that the NYSE is closed, which could result in differences between the value of the Fund&#146;s portfolio securities on the last business day and the last calendar day of the reporting period. Any significant security valuation changes due to an open foreign market are adjusted and reflected by the Fund for financial reporting purposes.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">b. Foreign Currency Translation</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based on the exchange rate of such currencies against U.S. dollars on the date of valuation. The Fund may enter into foreign currency exchange contracts to facilitate transactions denominated in a foreign currency. Purchases and sales of securities, income and expense items denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date. Portfolio securities and assets and liabilities denominated in foreign currencies contain risks that those currencies will decline in value relative to the U.S. dollar. Occasionally, events may impact the availability or reliability of foreign exchange rates used to convert the U.S. dollar equivalent value. If such an event occurs, the foreign exchange rate will be valued at fair value using procedures established and approved by the Board.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund does not separately report the effect of changes in foreign exchange rates from changes in market prices on securities held. Such changes are included in net realized and unrealized gain or loss from investments on the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions and the difference between the recorded amounts of dividends, interest, and foreign withholding taxes and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains and losses arise from changes in foreign exchange rates on foreign denominated assets and liabilities</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">other than investments in securities held at the end of the reporting period.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">c. Derivative Financial Instruments</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund invested in derivatives in order to manage risk or gain exposure to various other investments or markets. Derivatives are financial contracts based on an underlying or notional amount, require no initial investment or an initial net investment that is smaller than would normally be required to have a similar response to changes in market factors, and require or permit net settlement. Derivatives contain various risks including the potential inability of the counterparty to fulfill their obligations under the terms of the contract, the potential for an illiquid secondary market, and/or the potential for market movements which expose the Fund to gains or losses in excess of the amounts shown on the Statement of Assets and Liabilities. Realized gain and loss and unrealized appreciation and depreciation on these contracts for the period are included in the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Derivative counterparty credit risk is managed through a formal evaluation of the creditworthiness of all potential counterparties. The Fund attempts to reduce its exposure to counterparty credit risk on OTC derivatives, whenever possible, by entering into International Swaps and Derivatives Association (ISDA) master agreements with certain counterpar-ties. These agreements contain various provisions, including but not limited to collateral requirements, events of default, or early termination. Termination events applicable to the counter-party include certain deteriorations in the credit quality of the counterparty. Termination events applicable to the Fund include failure of the Fund to maintain certain net asset levels and/or limit the decline in net assets over various periods of time. In the event of default or early termination, the ISDA master agreement gives the non-defaulting party the right to net and close-out all transactions traded, whether or not arising under the ISDA agreement, to one net amount payable by one coun-terparty to the other. However, absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset in the Statement of Assets and Liabilities. Early termination by the counterparty may result in an immediate payment by the Fund of any net liability owed to that counterparty under the ISDA agreement.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Collateral requirements differ by type of derivative. Collateral or initial margin requirements are set by the broker or exchange clearing house for exchange traded and centrally cleared derivatives. Initial margin deposited is held at the exchange and can be</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">23</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_27"></A><BR>

<a name="_bclPageBorder27"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">1. Organization and Significant Accounting</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Policies </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">c. Derivative Financial Instruments </FONT></B><I><FONT size=1 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">(continued)</FONT></I></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">in the form of cash and/or securities. For OTC derivatives traded under an ISDA master agreement, posting of collateral is required by either the fund or the applicable counterparty if the total net exposure of all OTC derivatives with the applicable counterparty exceeds the minimum transfer amount, which typically ranges from &#36;100,000 to &#36;250,000, and can vary depending on the counterparty and the type of the agreement. Generally, collateral is determined at the close of fund business each day and any additional collateral required due to changes in derivative values may be delivered by the fund or the counterparty within a few business days. Collateral pledged and/or received by the fund for OTC derivatives, if any, is held in segregated accounts with the fund&#146;s custodian/counterparty broker and can be in the form of cash and/or securities. Unrestricted cash may be invested according to the Fund&#146;s investment objectives.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund entered into OTC forward exchange contracts primarily to manage and/or gain exposure to certain foreign currencies. A forward exchange contract is an agreement between the Fund and a counterparty to buy or sell a foreign currency at a specific exchange rate on a future date.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund entered into interest rate swap contracts primarily to manage interest rate risk. An interest rate swap is an agreement between the Fund and a counterparty to exchange cash flows based on the difference between two interest rates, applied to a notional amount. These agreements may be privately negotiated in the over-the-counter market (&#147;OTC interest rate swaps&#148;) or may be executed on a registered exchange (&#147;centrally cleared interest rate swaps&#148;). For centrally cleared interest rate swaps, required initial margins are pledged by the Fund, and the daily change in fair value is accounted for as a variation margin payable or receivable on the Statement of Assets and Liabilities. Over the term of the contract, contractually required payments to be paid and to be received are accrued daily and recorded as unrealized depreciation and appreciation until the payments are made, at which time they are realized.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">See Note 9 regarding other derivative information.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">d. Restricted Cash</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund received restricted cash in connection with investments in certain derivative securities. Restricted cash is held in a segregated account with the Fund&#146;s custodian / counterparty broker and is reflected in the Statement of Assets and Liabilities.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">e. Income and Deferred Taxes</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">It is the Fund&#146;s policy to qualify as a regulated investment company under the Internal Revenue Code. The Fund intends to distribute to shareholders substantially all of its taxable income and net realized gains to relieve it from federal income and excise taxes. As a result, no provision for U.S. federal income taxes is required.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund may be subject to foreign taxation related to income received, capital gains on the sale of securities and certain foreign currency transactions in the foreign jurisdictions in which it invests. Foreign taxes, if any, are recorded based on the tax regulations and rates that exist in the foreign markets in which the Fund invests. When a capital gain tax is determined to apply the Fund records an estimated deferred tax liability in an amount that would be payable if the securities were disposed of on the valuation date.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund recognizes the tax benefits of uncertain tax positions only when the position is &#147;more likely than not&#148; to be sustained upon examination by the tax authorities based on the technical merits of the tax position. As of August 31, 2014, and for all open tax years, the Fund has determined that no liability for unrecognized tax benefits is required in the Fund&#146;s financial statements related to uncertain tax positions taken on a tax return (or expected to be taken on future tax returns). Open tax years are those that remain subject to examination and are based on each tax jurisdiction statute of limitation.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">f. Security Transactions, Investment Income, Expenses and Distributions</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Security transactions are accounted for on trade date. Realized gains and losses on security transactions are determined on a specific identification basis. Interest income and estimated expenses are accrued daily. Amortization of premium and accretion of discount on debt securities are included in interest</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">24 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_28"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times,serif">income. Distributions to shareholders are recorded on the ex-dividend date and are determined according to income tax regulations (tax basis). Distributable earnings determined on a </FONT><FONT size=2 face="Times New Roman,Times,serif">tax basis may differ from earnings recorded in accordance with accounting principles generally accepted in the United States of America. These differences may be permanent or temporary. Permanent differences are reclassified among capital accounts to reflect their tax character. These reclassifications have no impact on net assets or the results of operations. Temporary differences are not reclassified, as they may reverse in subsequent periods.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times,serif">Inflation-indexed bonds are adjusted for inflation through periodic increases or decreases in the security&#8217;s interest accruals, face amount, or principal redemption value, by amounts corresponding to the rate of inflation as measured by an index. Any increase or decrease in the face amount or principal redemption value will be included as interest income on the Statement of Operations.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">g. Accounting Estimates</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times,serif">The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the amounts of income and expenses during the reporting period. Actual results could differ from those estimates.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">h. Guarantees and Indemnifications</FONT></B></P>

<P style="TEXT-ALIGN: left"><FONT size=2 face="Times New Roman,Times,serif">Under the Fund&#8217;s organizational documents, its officers and trustees are indemnified by the Fund against certain liabilities arising out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts with service providers that contain general indemnification clauses. The Fund&#8217;s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred. Currently, the Fund expects the risk of loss to be remote.</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="42%"></TD>

   <TD width="20%"></TD>

   <TD width="10%"></TD>

   <TD width="10%"></TD>

   <TD width="2%"></TD>

   <TD width="12%"></TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>2. Shares of Beneficial Interest</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=6 align=left><FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, there were an unlimited number of shares authorized (without par value). Transactions in the Fund&#8217;s shares</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=2 face="Times New Roman,Times,serif">were as follows:</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Year Ended August 31,</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 66.349pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>2014</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>2013</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Shares</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Amount</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Shares</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Amount</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Shares issued in reinvestment of distributions</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 47.986pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&#8212;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$ &#8212;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>909,848</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>$</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>8,288,993</FONT></TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=6 align=left><FONT size=2 face="Times New Roman,Times,serif">The Board previously authorized an open-market share repurchase program pursuant to which the Fund may purchase, from time</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=6 align=left><FONT size=2 face="Times New Roman,Times,serif">to time, Fund shares in open-market transactions, at the discretion of management. This authorization remains in effect. Since the</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=6 align=left><FONT size=2 face="Times New Roman,Times,serif">inception of the program, the Fund had repurchased a total of 11,210,400 shares. During the years ended August 31, 2014 and</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=2 face="Times New Roman,Times,serif">August 31, 2013, there were no shares repurchased.</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=2 face=Arial-BoldMT,Arial,Helvetica,sans-serif>3. Transactions with Affiliates</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=6 align=left><FONT size=2 face="Times New Roman,Times,serif">Franklin Resources, Inc. is the holding company for various subsidiaries that together are referred to as Franklin Templeton</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=6 align=left><FONT size=2 face="Times New Roman,Times,serif">Investments. Certain officers and trustees of the Fund are also officers and/or directors of the following subsidiaries:</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Subsidiary</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Affiliation</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Franklin Advisers, Inc. (Advisers)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.741pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investment manager</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Franklin Templeton Services, LLC (FT Services)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.735pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Administrative manager</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com Annual Report </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>25</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_29"></A><BR>

<a name="_bclPageBorder29"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">3. Transactions with Affiliates </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">a. Management Fees</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund pay an investment management fee to Advisers based on the average daily net assets of the Fund as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=22%></TD>
     <TD width=2%></TD>
     <TD width=74%></TD></TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Annualized Fee Rate</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.006393pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Assets</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.700</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Up to and including &#36;200 million</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.635</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;200 million, up to and including &#36;700 million</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.600</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;700 million, up to and including &#36;1 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.580</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;1 billion, up to and including &#36;5 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.560</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;5 billion, up to and including &#36;10 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.540</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;10 billion, up to and including &#36;15 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.520</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;15 billion, up to and including &#36;20 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.500</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">In excess of &#36;20 billion</FONT></TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<FONT size=2 face="Times New Roman,Times,serif">Effective June 1, 2014, the Fund combined its investment management and administration agreements as approved by the Board.</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<FONT size=2 face="Times New Roman,Times,serif">The fees paid under the combined agreement do not exceed the aggregate fees that were paid under the separate agreements.</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<FONT size=2 face="Times New Roman,Times,serif">Prior to June 1, 2014, the Fund paid fees to Advisers based on the average daily net assets of the Fund as follows:</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Annualized Fee Rate</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.004791pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Assets</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.550</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Up to and including &#36;200 million</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.500</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;200 million, up to and including &#36;1 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.480</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;1 billion, up to and including &#36;5 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.460</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;5 billion, up to and including &#36;10 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.440</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;10 billion, up to and including &#36;15 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.420</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;15 billion, up to and including &#36;20 billion</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.400</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">In excess of &#36;20 billion</FONT></TD>
</TR>
<TR>
	<TD colspan=3>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">b. Administrative Fees</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<FONT size=2 face="Times New Roman,Times,serif">Effective June 1, 2014, under an agreement with Advisers, FT Services provides administrative services to the Fund. The fee is paid</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<FONT size=2 face="Times New Roman,Times,serif">by Advisers based on the Fund&#146;s average daily net assets, and is not an additional expense of the Fund.</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Prior to June 1, 2014, the Fund paid FT Services for administrative services. The Fund paid administrative fees to FT Services based on daily net assets as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=32%></TD>
     <TD width=4%></TD>
     <TD width=62%></TD></TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Annualized Fee Rate</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.004791pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Assets</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.150</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Up to and including &#36;200 million</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.135</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Over &#36;200 million, up to and including &#36;700 million</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.100</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">In excess of &#36;700 million</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">c. Investments in Institutional Fiduciary Trust Money Market Portfolio</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund invests in the Institutional Fiduciary Trust Money Market Portfolio (Sweep Money Fund), an affiliated open-end management investment company. Management fees paid by the Fund are waived on assets invested in the Sweep Money Fund, as noted on the Statement of Operations, in an amount not to exceed the management and administrative fees paid directly or indirectly by the Sweep Money Fund. Prior to September 1, 2013, the waiver was accounted for as a reduction to management fees.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">26 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_30"></A><BR>

<a name="_bclPageBorder30"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">4. Expense Offset Arrangement</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund has entered into an arrangement with its custodian whereby credits realized as a result of uninvested cash balances are used to reduce a portion of the Fund&#146;s custodian expenses. During the year ended August 31, 2014, the custodian fees were reduced as noted in the Statement of Operations.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">5. Income Taxes</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">For tax purposes, capital losses may be carried over to offset future capital gains, if any.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">During the year ended August 31, 2014, the Fund utilized &#36;801,095 of capital loss carryforwards.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The tax character of distributions paid during the years ended August 31, 2014 and 2013, was as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=42%></TD>
     <TD width=4%></TD>
     <TD width=34%></TD>
     <TD width=4%></TD>
     <TD width=15%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2014</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">2013</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Distributions paid from:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Ordinary income</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">83,155,964</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">97,391,877</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.448898pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Long term capital gain</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">37,760,825</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">83,155,964</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">135,152,702</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the cost of investments and net unrealized appreciation (depreciation) and undistributed ordinary income for income tax purposes were as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=66%></TD>
     <TD width=15%></TD>
     <TD width=13%></TD>
     <TD width=4%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Cost of investments</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.097595pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,090,748,097</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=4>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Unrealized appreciation</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.072815pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">61,629,477</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Unrealized depreciation</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(21,791,181</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Net unrealized appreciation (depreciation)</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.027222pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">39,838,296</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=4>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Distributable earnings - undistributed ordinary income</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">30,113,851</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Differences between income and/or capital gains as determined on a book basis and a tax basis are primarily due to differing treatments of foreign currency transactions and bond discounts and premiums.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">6. Investment Transactions</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Purchases and sales of investments (excluding short term securities) for the year ended August 31, 2014, aggregated &#36;434,324,967 and &#36;431,936,667, respectively.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">7. Credit Risk</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund had 14.96% of its portfolio invested in high yield or other securities rated below investment grade. These securities may be more sensitive to economic conditions causing greater price volatility and are potentially subject to a greater risk of loss due to default than higher rated securities.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">8. Concentration of Risk</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Investing in foreign securities may include certain risks and considerations not typically associated with investing in U.S. securities, such as fluctuating currency values and changing local and regional economic, political and social conditions, which may result in greater market volatility. In addition, certain foreign securities may not be as liquid as U.S. securities.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">27</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_31"></A><BR>

<a name="_bclPageBorder31"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=19%></TD>
     <TD width=2%></TD>
     <TD width=22%></TD>
     <TD width=2%></TD>
     <TD width=1%></TD>
     <TD width=9%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">9. Other Derivative Information</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=12>
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund&#146;s investments in derivative contracts are reflected on the Statement of Assets and Liabilities as follows:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Asset Derivatives</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=center colspan=4 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Liability Derivatives</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Derivative Contracts</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Not Accounted for as</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Statement of Assets and</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=3>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Statement of Assets and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Hedging Instruments</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.002304pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Liabilities Location</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.888092pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Fair Value</FONT></B></TD>
	<TD align=left colspan=3 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.019104pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Liabilities Location</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Fair Value</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Interest rate</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">contracts</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.040710pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Variation margin / Net assets</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left colspan=3 style="TEXT-INDENT:0.041504pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Unrealized depreciation on</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">6,683,268</FONT></TD>
	<TD align=left>
<SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">consist of: net unrealized</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=3 style="TEXT-INDENT:4.441895pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">swap contracts / Due from</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:4.447510pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">appreciation</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=3 style="TEXT-INDENT:4.440277pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Brokers / Variation margin /</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=3 style="TEXT-INDENT:4.450684pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net assets consist of: net</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=3 style="TEXT-INDENT:4.450684pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">unrealized depreciation</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Foreign exchange</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449997pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">contracts</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.041107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Unrealized appreciation on</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.262115pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
	<TD align=left colspan=3 style="TEXT-INDENT:0.001892pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Unrealized depreciation on</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,637,777</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:4.448303pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">forward exchange contracts</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=3 style="TEXT-INDENT:4.441895pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">forward exchange contracts</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=12>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Includes cumulative appreciation (depreciation) of centrally cleared swaps as reported in the Statement of Investments. Initial margin is included as a receivable due from</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=7 style="TEXT-INDENT:0.000305pt">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">brokers and current day&#146;s variation margin is separately reported within the Statement of Assets and Liabilities.</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=12>
<FONT size=2 face="Times New Roman,Times,serif">For the year ended August 31, 2014, the effect of derivative contracts on the Fund&#146;s Statement of Operations was as follows:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Change in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Unrealized</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Derivative Contracts</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Realized Gain</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Appreciation</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Not Accounted for as</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">(Loss) for</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">(Depreciation)</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Hedging Instruments</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left colspan=4 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:12.002304pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Statement of Operations Locations</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">the Year</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">for the Year</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Interest rate contracts</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left colspan=5 style="TEXT-INDENT:12.024033pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net realized gain (loss) from swap contracts / Net change in</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,143,489</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,509,127</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left colspan=5 style="TEXT-INDENT:18.892700pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">unrealized appreciation (depreciation) on investments</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Foreign exchange contracts</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left colspan=5 style="TEXT-INDENT:11.998383pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net realized gain (loss) from foreign currency transactions /</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">796,980</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">26,690,810</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left colspan=5 style="TEXT-INDENT:18.892700pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Net change in unrealized appreciation (depreciation) on</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left colspan=5 style="TEXT-INDENT:18.892700pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">translation of other assets and liabilities denominated</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:18.892700pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">in foreign currencies</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=12>
<FONT size=2 face="Times New Roman,Times,serif">For the year ended August 31, 2014, the average month end fair value of derivatives represented 3.34% of average month end net</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=7>
<FONT size=2 face="Times New Roman,Times,serif">assets. The average month end number of open derivative contracts for the year was 300.</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=7>
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund&#146;s OTC derivative assets and liabilities, are as follows:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left colspan=4 style="TEXT-INDENT:72.432007pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Gross and Net Amounts of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center colspan=4>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Assets and Liabilities Presented</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left colspan=5 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:44.864014pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">in the Statement of Assets and Liabilities</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Assets</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Liabilities</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Derivatives</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Forward exchange contracts</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=left colspan=2 style="TEXT-INDENT:9.279999pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">3,637,777</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:4.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Swap Contracts</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:98.726303pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6,399,775</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">Total</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=left colspan=2 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:9.773590pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">10,037,552</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=13>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=12>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset in the Statement of Assets and Liabilities.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">28 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_32"></A><BR>

<a name="_bclPageBorder32"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund&#146;s OTC derivative assets which may be offset against the Fund&#146;s OTC derivative liabilities and collateral received from the counterparty, is as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=15%></TD>
     <TD width=2%></TD>
     <TD width=22%></TD>
     <TD width=3%></TD>
     <TD width=9%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=1%></TD>
     <TD width=8%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=9%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=center colspan=7>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amounts Not Offset in the</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=8 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Statement of Assets and Liabilities</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Gross and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Amounts of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Assets Presented in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Cash</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Amount</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">the Statement of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Available for</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">(Not less</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Assets and Liabilities</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Offset</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Received </FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a,b</FONT></SUP></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Received</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">b</FONT></SUP></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">than zero)</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=center>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">399,365</FONT></TD>
	<TD align=left style="TEXT-INDENT:2.955078pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(349,021</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">50,344</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,318,049</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(313,466</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,680,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">324,583</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,663,066</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,954,105</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(708,961</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">5,044,785</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,430,705</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,160,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">454,080</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">912,770</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(810,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">102,770</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,251,846</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(79,209</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(4,172,637</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,527,299</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,527,299</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">805,385</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(777,090</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(28,295</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,513,815</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,280,000</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">233,815</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:36.546600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:2.820862pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">( 9,081,874</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(5,230,619</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">( 7,958,295</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,165,592</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">At August 31, 2014, the Fund received United Kingdom Treasury Bonds and U.S. Treasury Bonds and Notes as collateral for derivatives.</FONT><BR>
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">b</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">In some instances, the collateral amounts disclosed in the table above were adjusted due to the requirement to limit the collateral amounts to avoid the effect of</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">overcollateralization. Actual collateral received and/or pledged may be more than the amounts disclosed herein.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=15%></TD>
     <TD width=2%></TD>
     <TD width=14%></TD>
     <TD width=8%></TD>
     <TD width=2%></TD>
     <TD width=3%></TD>
     <TD width=9%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=13%></TD>
     <TD width=2%></TD>
     <TD width=1%></TD>
     <TD width=7%></TD>
     <TD width=2%></TD>
     <TD width=2%></TD>
     <TD width=9%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=16 style="TEXT-INDENT:0.000107pt">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, the Fund&#146;s OTC derivative liabilities which may be offset against the Fund&#146;s OTC derivative assets and</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="TEXT-INDENT:0.000107pt">
<FONT size=2 face="Times New Roman,Times,serif">collateral pledged to the counterparty, is as follows:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left colspan=4 style="TEXT-INDENT:32.556427pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Amounts Not Offset in the</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=7 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Statement of Assets and Liabilities</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Gross and</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Amounts of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Financial</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Liabilities Presented in</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Instruments</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Cash</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Net Amount</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">the Statement of</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Available for</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Collateral</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">(Not less</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Assets and Liabilities</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Offset</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Pledged</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Pledged</FONT></B><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">than zero)</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=center>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">BOFA</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:5.276001pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.863464pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">BZWS</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">313,466</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(313,466</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">CITI</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1,954,105</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(1,954,105</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">DBAB</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,430,705</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(2,430,705</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">GSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBK</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">79,209</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(79,209</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">JPHQ</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">4,432,850</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(3,527,299</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right colspan=2>
<FONT size=1 face="Arial,Helvetica,sans-serif">(905,551</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">MSCO</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">777,090</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">(777,090</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">SCNY</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:12.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">UBSW</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">50,127</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(20,000</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">30,127</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:34.101700pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">10,037,552</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(9,081,874</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">(925,551</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">)</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">30,127</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">In some instances, the collateral amounts disclosed in the table above were adjusted due to the requirement to limit the collateral amounts to avoid the effect of overcollateralization. Actual collateral received and/or pledged may be more than the amounts disclosed herein.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">See Note 1(c) regarding derivative financial instruments.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">29</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_33"></A><BR>

<a name="_bclPageBorder33"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">10. Fair Value Measurements</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund follows a fair value hierarchy that distinguishes between market data obtained from independent sources (observable inputs) and the Fund&#146;s own market assumptions (unobservable inputs). These inputs are used in determining the value of the Fund&#146;s financial instruments and are summarized in the following fair value hierarchy:</FONT></P>
<UL>
<LI>
<FONT size=2 face="Times New Roman,Times,serif">Level 1 &#150; quoted prices in active markets for identical financial instruments</FONT></LI>
<LI>
<FONT size=2 face="Times New Roman,Times,serif">Level 2 &#150; other significant observable inputs (including quoted prices for similar financial instruments, interest rates,</FONT> <FONT size=2 face="Times New Roman,Times,serif">prepayment speed, credit risk, etc.)</FONT></LI>
<LI>
<FONT size=2 face="Times New Roman,Times,serif">Level 3 &#150; significant unobservable inputs (including the Fund&#146;s own assumptions in determining the fair value of</FONT> <FONT size=2 face="Times New Roman,Times,serif">financial instruments)</FONT></LI>
</UL>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The input levels are not necessarily an indication of the risk or liquidity associated with financial instruments at that level.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">For movements between the levels within the fair value hierarchy, the Fund has adopted a policy of recognizing the transfers as of the date of the underlying event which caused the movement.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">A summary of inputs used as of August 31, 2014, in valuing the Fund&#146;s assets and liabilities carried at fair value, is as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=37%></TD>
     <TD width=2%></TD>
     <TD width=16%></TD>
     <TD width=2%></TD>
     <TD width=14%></TD>
     <TD width=2%></TD>
     <TD width=9%></TD>
     <TD width=2%></TD>
     <TD width=11%></TD></TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Level 1</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Level 2</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Level 3</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Total</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000092pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Assets:</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.000092pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Investments in Securities:</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.000092pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Foreign Government and Agency Securities</FONT><SUP><FONT size=1 face="Arial,Helvetica,sans-serif">a</FONT></SUP></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">964,057,100</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">964,057,100</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:15.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Short Term Investments</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">116,081,751</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">50,447,542</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">166,529,293</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:27.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total Investments in Securities</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">116,081,751</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,014,504,642</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,130,586,393</FONT></TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Other Financial Instruments</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Forward Exchange Contracts</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">23,436,380</FONT></TD>
</TR>
<TR>
	<TD colspan=9>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Liabilities:</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:9.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Other Financial Instruments</FONT></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Forward Exchange Contracts</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,637,777</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,637,777</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:13.449600pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Swap Contracts</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6,683,268</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">6,683,268</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:27.000397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total Other Financial Instruments</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">10,321,045</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#151;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">10,321,045</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">a</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">For detailed categories, see the accompanying Statement of Investments.</FONT><BR>
<BR>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">11. New Accounting Pronouncements</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In June 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-08, Investment Companies (Topic 946): Amendments to the Scope, Measurement, and Disclosure Requirements. The ASU modifies the criteria used in defining an investment company under U.S. Generally Accepted Accounting Principles and also sets forth certain measurement and disclosure requirements. Under the ASU, an entity that is registered under the 1940 Act automatically qualifies as an investment company. The ASU is effective for interim and annual reporting periods beginning after December 15, 2013. Management has reviewed the requirements and believes the adoption of this ASU will not have a material impact on the financial statements.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In June 2014, the FASB issued ASU No. 2014-11, Transfers and Servicing (Topic 860), Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures. The ASU changes the accounting for certain repurchase agreements and expands disclosure requirements related to repurchase agreements, securities lending, repurchase-to-maturity and similar transactions. The ASU is effective for interim and annual reporting periods beginning after December 15, 2014. Management is currently evaluating the impact, if any, of applying this provision.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">30 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_34"></A><BR>

<a name="_bclPageBorder34"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">NOTES TO FINANCIAL STATEMENTS</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">12. Subsequent Events</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund has evaluated subsequent events through the issuance of the financial statements and determined that no events have occurred that require disclosure.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=7%></TD>
     <TD width=30%></TD>
     <TD width=10%></TD>
     <TD width=22%></TD>
     <TD width=28%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Abbreviations</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Counterparty/Exchange</FONT></B></TD>
	<TD align=left colspan=2 style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Currency</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Selected Portfolio</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">BOFA</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Bank of America Corp.</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">BRL</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Brazilian Real</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.050720pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">FRN </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">Floating Rate Note</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">BZWS</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Barclays Bank PLC</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">EUR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Euro</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">CITI</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Citigroup, N.A.</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">HUF</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Hungarian Forint</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">DBAB</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Deutsche Bank AG</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">IDR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indonesian Rupiah</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">GSCO</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Goldman Sachs Group, Inc.</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">INR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Indian Rupee</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">HSBK</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">HSBC Bank PLC</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">JPY</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Japanese Yen</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">JPHQ</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">JPMorgan Chase N.A.</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">KRW</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">South Korean Won</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">LCH</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">London Clearing House</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">LKR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Sri Lankan Rupee</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">MSCO</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Morgan Stanley and Co. Inc.</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">MXN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Mexican Peso</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">SCNY</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Standard Chartered Bank</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">MYR</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Malaysian Ringgit</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">UBSW</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">UBS AG</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">PEN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Peruvian Nuevo Sol</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">PHP</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Philippine Peso</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">PLN</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Polish Zloty</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">SEK</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Swedish Krona</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.336197pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">SGD</FONT></B></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Singapore Dollar</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">31</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_35"></A><BR>

<a name="_bclPageBorder35"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Report of Independent Registered Public Accounting Firm</FONT></B></P>
<P style="text-align: left;">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">To the Board of Trustees and Shareholders of Templeton Global Income Fund</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In our opinion, the accompanying statement of assets and liabilities, including the statement of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Templeton Global Income Fund (the &#147;Fund&#148;) at August 31, 2014, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as &#147;financial statements&#148;) are the responsibility of the Fund&#146;s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at August 31, 2014 by correspondence with the custodian, transfer agent and brokers, provide a reasonable basis for our opinion.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">PricewaterhouseCoopers LLP</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">San Francisco, California</FONT><BR>
<FONT size=2 face="Times New Roman,Times,serif">October 17, 2014</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">32 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_36"></A><BR>

<a name="_bclPageBorder36"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Tax Information (unaudited)</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Under Section 871(k)(2)(C) of the Internal Revenue Code (Code), the Fund hereby reports the maximum amount allowable but no less than &#36;442,676 as a short term capital gain dividend for purposes of the tax imposed under Section 871(a)(1)(A) of the Code for the fiscal year ended August 31, 2014.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At August 31, 2014, more than 50% of the Fund&#146;s total assets were invested in securities of foreign issuers. In most instances, foreign taxes were withheld from income paid to the Fund on these investments. As shown in the table below, the Fund hereby reports to shareholders the foreign source income and foreign taxes paid, pursuant to Section 853 of the Code. This written statement will allow shareholders of record on August 15, 2014, to treat their proportionate share of foreign taxes paid by the Fund as having been paid directly by them. The shareholder shall consider these amounts as foreign taxes paid in the tax year in which they receive the Fund distribution.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The following table provides a detailed analysis of foreign tax paid, and foreign source income, and foreign qualified dividends as reported by the Fund to shareholders of record.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=3%></TD>
     <TD width=25%></TD>
     <TD width=3%></TD>
     <TD width=35%></TD>
     <TD width=32%></TD></TR>
<TR valign="bottom">
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Foreign Tax Paid</FONT></B></TD>
	<TD align=right>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Foreign Source</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Foreign Source Qualified</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Per Share</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Income Per Share</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Dividends Per Share</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.0085</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36;</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.4095</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#36; &#151;</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Foreign Tax Paid Per Share (Column 1) is the amount per share available to you, as a tax credit (assuming you held your shares in the Fund for a minimum of 16 days during the 31-day period beginning 15 days before the ex-dividend date of the Fund&#146;s distribution to which the foreign taxes relate), or, as a tax deduction.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Foreign Source Income Per Share (Column 2) is the amount per share of income dividends attributable to foreign securities held by the Fund, plus any foreign taxes withheld on these dividends. The amounts reported include foreign source qualified dividends that have not been adjusted for the rate differential applicable to such dividend income.</FONT><SUP><FONT size=2 face="Times New Roman,Times,serif">1</FONT></SUP></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Foreign Source Qualified Dividends Per Share (Column 3) is the amount per share of foreign source qualified dividends, plus any foreign taxes withheld on these dividends. These amounts represent the portion of the Foreign Source Income reported to you in column 2 that were derived from qualified foreign securities held by the Fund.</FONT><SUP><FONT size=2 face="Times New Roman,Times,serif">1</FONT></SUP></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">By mid-February 2015, shareholders will receive Form 1099-DIV which will include their share of taxes paid and foreign source income distributed during the calendar year 2014. The Foreign Source Income reported on Form 1099-DIV has not been adjusted for the rate differential on foreign source qualified dividend income. Shareholders are advised to check with their tax advisors for information on the treatment of these amounts on their 2014 individual income tax returns.</FONT></P>
<P style="text-align: left;">
<SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">1</FONT></SUP><FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Qualified dividends are taxed at reduced long term capital gains tax rates. In determining the amount of foreign tax credit that may be applied against the U.S. tax liability of individuals receiving foreign source qualified dividends, adjustments may be required to the foreign tax credit limitation calculation to reflect the rate differential applicable to such dividend income. The rules however permit certain individuals to elect not to apply the rate differential adjustments for capital gains and/or dividends for any taxable year. Please consult your tax advisor and the instructions to Form 1116 for more information.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">33</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_37"></A><BR>

<a name="_bclPageBorder37"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times,serif">Annual Meeting of Shareholders, February 28, 2014 (unaudited)</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Annual Meeting of Shareholders of the Fund was held at the Fund&#146;s offices, 300 S.E. 2</FONT><SUP><FONT size=2 face="Times New Roman,Times,serif">nd </FONT></SUP><FONT size=2 face="Times New Roman,Times,serif">Street, Fort Lauderdale, Florida, on February 28, 2014. The purpose of the meeting was to elect five Trustees of the Fund and to ratify the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund for the fiscal year ending August 31, 2014. At the meeting, the following persons were elected by the shareholders to serve as Trustees of the Fund: Edith E. Holiday, J. Michael Luttig, Frank A. Olson, Constantine D. Tseretopoulos and Rupert H. Johnson, Jr.* Shareholders also ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund for the fiscal year ending August 31, 2014. No other business was transacted at the meeting.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The results of the voting at the Annual Meeting are as follows:</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=21%></TD>
     <TD width=12%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD>
     <TD width=12%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=11%></TD>
     <TD width=2%></TD>
     <TD width=10%></TD>
     <TD width=2%></TD></TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000397pt">
<FONT size=2 face="Times New Roman,Times,serif">1. Election of five Trustees:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Outstanding</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Present and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Outstanding</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Present and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Term Expiring 2017</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">For</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Voting</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Withheld</FONT></B></TD>
	<TD align=center style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Voting</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Edith E. Holiday</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">113,238,256</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">84.42</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">97.68</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,687,424</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.00</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.32</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">J. Michael Luttig</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">113,396,343</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">84.53</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">97.82</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,529,337</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1.89</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.18</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Frank A. Olson</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">112,915,451</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">84.18</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">97.40</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">3,010,230</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.24</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.60</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Constantine D. Tseretopoulos</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">113,212,224</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">84.40</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">97.66</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,713,457</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.02</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.34</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Term Expiring 2016</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Rupert H. Johnson, Jr.</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">113,273,094</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">84.44</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">97.71</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=center>
<FONT size=1 face="Arial,Helvetica,sans-serif">2,652,587</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">1.98</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">2.29</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5>
<FONT size=2 face="Times New Roman,Times,serif">There were approximately 500 uncast votes received with respect to this item.</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=11>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=10>
<FONT size=2 face="Times New Roman,Times,serif">2. Ratification of the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Fund</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2>
<FONT size=2 face="Times New Roman,Times,serif">for the fiscal year ending August 31, 2014:</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=27%></TD>
     <TD width=34%></TD>
     <TD width=16%></TD>
     <TD width=3%></TD>
     <TD width=14%></TD>
     <TD width=3%></TD></TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">% of Shares</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Outstanding</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=right>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Present and</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Voted</FONT></B></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Shares</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Voting</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">For</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">114,008,690</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">84.99</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">98.34</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">Against</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">818,234</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.61</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right>
<FONT size=1 face="Arial,Helvetica,sans-serif">0.71</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Abstain</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">1,099,257</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.82</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">0.95</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Total</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">115,926,181</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">86.42</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
	<TD align=right style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">100.00</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<FONT size=1 face="Arial,Helvetica,sans-serif">%</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*Harris J. Ashton, Ann Torre Bates, Frank J. Crothers, Gregory E. Johnson, David W. Niemiec, Larry D. Thompson and Robert E. Wade are Trustees of the Fund who are</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">currently serving and whose terms of office continued after the Annual Meeting of Shareholders.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">34 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_38"></A><BR>

<a name="_bclPageBorder38"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times,serif">Dividend Reinvestment and Cash Purchase Plan</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund offers a Dividend Reinvestment and Cash Purchase Plan (the &#147;Plan&#148;) with the following features:</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Shareholders must affirmatively elect to participate in the Plan. If you decide to use this service, share dividends and capital gains distributions will be reinvested automatically in shares of the Fund for your account. Computershare Shareowner Services, LLC, P.O. Box 30170, College Station, TX, 77842-3170, will provide additional Plan information upon request.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Whenever the Fund declares dividends in either cash or shares of the Fund, if the market price is equal to or exceeds net asset value at the valuation date, the participant will receive the dividends entirely in new shares at a price equal to the net asset value, but not less than 95% of the then current market price of the Fund&#146;s shares. If the market price is lower than net asset value or if dividends and/or capital gains distributions are payable only in cash, the participant will receive shares purchased on the New York Stock Exchange or otherwise on the open market.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">A participant has the option of submitting additional cash payments to the Plan Administrator, in any amounts of at least &#36;100, up to a maximum of &#36;5,000 per month, for the purchase of Fund shares for his or her account. These payments can be made by check payable to Computershare Trust Company, N.A. (formerly, The Bank of New York Mellon) (the &#147;Plan Administrator&#148;) and sent to Computershare Shareowner Services, LLC, P.O. Box 30170, College Station, TX, 77842-3170, Attention: Templeton Global Income Fund. The Plan Administrator will apply such payments (less a &#36;5.00 service charge and less a pro rata share of trading fees) to purchases of Fund shares on the open market.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The automatic reinvestment of dividends and/or capital gains does not relieve the participant of any income tax that may be payable on dividends or distributions.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Whenever shares are purchased on the New York Stock Exchange or otherwise on the open market, each participant will pay a pro rata portion of trading fees. Trading fees will be deducted from amounts to be invested. The Plan Administrator&#146;s fee for a sale of shares through the Plan is &#36;15.00 per transaction plus a &#36;0.12 per share trading fee.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">A participant may withdraw from the Plan without penalty at any time by written notice to the Plan Administrator sent to Computershare Shareowner Services, LLC, P.O. Box 30170, College Station, TX, 77842-3170. Upon withdrawal, the participant will receive, without charge, share certificates issued in the participant&#146;s name for all full shares held by the Plan Administrator; or, if the participant wishes, the Plan Administrator will sell the shares and send the proceeds to the participant, less a service charge of &#36;15.00 and less trading fees of &#36;0.12 per share. The Plan Administrator will convert any fractional shares held at the time of withdrawal to cash at current market price and send a check to the participant for the net proceeds.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">35</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_39"></A><BR>

<a name="_bclPageBorder39"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Transfer Agent</FONT></B><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">Computershare Shareowner Services, LLC</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">P.O. Box 30170</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">College Station, TX 77842-3170</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">Overnight Address:</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">211 Quality Circle, Suite 210</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">College Station, TX 77845</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">(800) 416-5585</FONT><BR>
<BR>
<FONT size=2 face="Times New Roman,Times,serif">www.computershare.com/Investor</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Direct Deposit Service for Registered Shareholders</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Cash distributions can now be electronically credited to a checking or savings account at any financial institution that participates in the Automated Clearing House (&#147;ACH&#148;) system. The Direct Deposit service is provided for registered shareholders at no charge. To enroll in the service, access your account online by going to www.computershare.com/Investor or dial (800) 416-5585 (toll free) and follow the instructions. Direct Deposit will begin with the next scheduled distribution payment date following enrollment in the service.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Direct Registration</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">If you are a registered shareholder of the Fund, purchases of shares of the Fund can be electronically credited to your Fund account at Computershare Shareowner Services, LLC through Direct Registration. This service provides shareholders with a convenient way to keep track of shares through book-entry transactions, electronically move book-entry shares between broker-dealers, transfer agents and DRS eligible issuers, and eliminate the possibility of lost certificates. For additional information, please contact Computershare Shareowner Services, LLC at (800) 416-5585.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Shareholder Information</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Shares of Templeton Global Income Fund are traded on the New York Stock Exchange under the symbol &#147;GIM.&#148; Information about the net asset value and the market price is published each Monday in the </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Wall Street Journal</FONT></I><FONT size=2 face="Times New Roman,Times,serif">, weekly in </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Barron&#146;s </FONT></I><FONT size=2 face="Times New Roman,Times,serif">and each Saturday in </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">The New York Times </FONT></I><FONT size=2 face="Times New Roman,Times,serif">and other newspapers. Daily market prices for the Fund&#146;s shares are published in the &#147;New York Stock Exchange Composite Transactions&#148; section of newspapers.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">For current information about distributions and shareholder accounts, call (800) 416-5585. Registered shareholders can access their Fund account on-line with the </FONT><I><FONT size=2 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Investor ServiceDirect</FONT></I><FONT size=2 face="Times New Roman,Times,serif">&#153; website. For information go to Computershare Shareowner Services, LLC&#146;s web site at www.computershare.com/Investor and follow the instructions.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The daily closing net asset value as of the previous business day may be obtained when available by calling Franklin Templeton Fund Information after 7 a.m. Pacific time any business day at (800) DIAL BEN/342-5236. The Fund&#146;s net asset value and dividends are also listed on the NASDAQ Stock Market, Inc.&#146;s Mutual Fund Quotation Service (&#147;NASDAQ MFQS&#148;).</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">Shareholders not receiving copies of reports to shareholders because their shares are registered in the name of a broker or a custodian can request that they be added to the Fund&#146;s mailing list by writing Templeton Global Income Fund, 100 Fountain Parkway, P.O. Box 33030, St. Petersburg, FL, 33733-8030.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">36 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_40"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="23%"></TD>

   <TD width="12%"></TD>

   <TD width="14%"></TD>

   <TD width="21%"></TD>

   <TD width="28%"></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=left><FONT size=5 face="Times New Roman,Times,serif">Board Members and Officers</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=2 face="Times New Roman,Times,serif">The name, year of birth and address of the officers and board members, as well as their affiliations, positions held with the Trust,</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=2 face="Times New Roman,Times,serif">principal occupations during at least the past five years and number of portfolios overseen in the Franklin Templeton Investments</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=2 face="Times New Roman,Times,serif">fund complex are shown below. Generally, each board member serves until that person&#8217;s successor is elected and qualified.</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=2 align=left><B><FONT size=3 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Independent Board Members</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Number of Portfolios in</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Name, Year of Birth</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Length of</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.005pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Fund Complex Overseen</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Other Directorships Held</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>and Address</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Position</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.009pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Time Served</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.006pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>by Board Member*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>During at Least the Past 5 Years</FONT></B></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Harris J. Ashton (1932)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.573pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 1992</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>138</FONT></TD>

   <TD style="TEXT-INDENT: 0.249pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Bar-S Foods (meat packing company)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.249pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(1981-2010).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director of various companies; and f</FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>ormerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Director, RBC Holdings, Inc. (bank holding company) (until 2002); and President, Chief</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Executive Officer and Chairman of the Board, General Host Corporation (nursery and craft centers) (until 1998).</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Ann Torre Bates (1958)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2008</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>36</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Navient Corporation (loan</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>management, servicing and asset</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>recovery) (May 2014), Ares Capital</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Corporation (specialty finance</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>company) (2010-present), United</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Natural Foods, Inc. (distributor of</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>natural, organic and specialty foods)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(2013-present), Allied Capital</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Corporation (financial services)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(2003-2010) and SLM Corporation</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(Sallie Mae) (1997-2014).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director of various companies; and </FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Executive Vice President and Chief Financial Officer, NHP Incorporated (manager of multifamily</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>housing) (1995-1997); and Vice President and Treasurer, US Airways, Inc. (until 1995).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Frank J. Crothers (1944)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 1999</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>26</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Talon Metals Corp. (mining</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>exploration), Fortis, Inc. (utility holding</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>company) and AML Foods Limited</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(retail distributors).</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director and Vice Chairman, Caribbean Utilities Company, Ltd.; director of various other private business and nonprofit organizations; and</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Chairman, Atlantic Equipment and Power Ltd. (1977-2003).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Edith E. Holiday (1952)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Lead</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee since</FONT></TD>

   <TD style="TEXT-INDENT: 0.138pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>138</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Hess Corporation (exploration and</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Independent</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>1996 and Lead</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>refining of oil and gas), H.J. Heinz</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Independent</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Company (processed foods and allied</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee since 2007</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>products) (1994-2013), RTI Interna-</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>tional Metals, Inc. (manufacture and</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>distribution of titanium), Canadian</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>National Railway (railroad) and White</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Mountains Insurance Group, Ltd.</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(holding company).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director or Trustee of various companies and trusts; and </FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Assistant to the President of the United States and Secretary of the</FONT></TD></TR>

<TR vAlign=bottom>

   <TD colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Cabinet (1990-1993); General Counsel to the United States Treasury Department (1989-1990); and Counselor to the Secretary and Assistant</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=4 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Secretary for Public Affairs and Public Liaison &#8211; United States Treasury Department (1988-1989).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>franklintempleton.com Annual Report </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>37</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_41"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="22%"></TD>

   <TD width="2%"></TD>

   <TD width="9%"></TD>

   <TD width="13%"></TD>

   <TD width="22%"></TD>

   <TD width="28%"></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=3 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Independent Board Members </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Number of Portfolios in</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Name, Year of Birth</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Length of</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.005pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Fund Complex Overseen</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.002pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Other Directorships Held</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>and Address</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Position</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.009pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Time Served</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.006pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>by Board Member*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>During at Least the Past 5 Years</FONT></B></TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>J. Michael Luttig (1954)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2009</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>138</FONT></TD>

   <TD style="TEXT-INDENT: 0.249pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Boeing Capital Corporation</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.249pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(aircraft financing) (2006-2013).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Executive Vice President, General Counsel and member of the Executive Council, The Boeing Company (aerospace company); and </FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly,</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Federal Appeals Court Judge, U.S. Court of Appeals for the Fourth Circuit (1991-2006).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>David W. Niemiec (1949)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2005</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>33</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Emeritus Corporation (assisted</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>living) (1999-2010) and OSI</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Pharmaceuticals, Inc. (pharmaceutical</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>products) (2006-2010).</FONT></TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Advisor, Saratoga Partners (private equity fund); and </FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Managing Director, Saratoga Partners (1998-2001) and SBC Warburg Dillon</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Read (investment banking) (1997-1998); Vice Chairman, Dillon, Read &amp; Co. Inc. (investment banking) (1991-1997); and Chief Financial</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=3 align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Officer, Dillon, Read &amp; Co. Inc. (1982-1997).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Frank A. Olson (1932)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2003</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>138</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Hess Corporation (exploration and</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>refining of oil and gas) (1998-2013).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director of various companies; and </FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Chairman of the Board, The Hertz Corporation (car rental) (1980-2000) and Chief Executive</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Officer (1977-1999); and Chairman of the Board, President and Chief Executive Officer, UAL Corporation (airlines) (June-December 1987).</FONT></TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Larry D. Thompson (1945)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2005</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>138</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Cbeyond, Inc. (business communi-</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>cations provider) (2010-2012), The</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Southern Company (energy company)</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(2010-2012) and Graham Holdings</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Company (formerly, The Washington</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Post Company) (education and media</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>organization).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Executive Vice President &#8211; Government Affairs, General Counsel and Corporate Secretary, PepsiCo, Inc. (consumer products) (2012-present);</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>and </FONT><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>John A. Sibley Professor of Corporate and Business Law, University of Georgia School of Law (2011-2012); Senior Vice</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>President &#8211; Government Affairs, General Counsel and Secretary, PepsiCo, Inc. (2004-2011); Senior Fellow of The Brookings Institution</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(2003-2004); Visiting Professor, University of Georgia School of Law (2004); and Deputy Attorney General, U.S. Department of Justice</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>(2001-2003).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD colSpan=3 align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Constantine D. Tseretopoulos </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 1999</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>26</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>None</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>(1954</FONT></B></TD>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Physician, Chief of Staff, owner and operator of the Lyford Cay Hospital (1987-present); director of various nonprofit organizations; and</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=6 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>formerly, </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>Cardiology Fellow, University of Maryland (1985-1987); and Internal Medicine Resident, Greater Baltimore Medical Center</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=right><FONT size=1 face=Arial,Helvetica,sans-serif>(1982-1985).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=6>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Robert E. Wade (1946)</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Trustee</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2006</FONT></TD>

   <TD style="TEXT-INDENT: 0.131pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>43</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>El Oro Ltd (investments).</FONT></TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=right><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Attorney at law engaged in private practice (1972-2008) and member of various boards.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>38 </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>Annual Report franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_42"></A><BR>

<a name="_bclPageBorder42"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=12%></TD>
     <TD width=14%></TD>
     <TD width=21%></TD>
     <TD width=27%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=3>
<B><FONT size=3 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Interested Board Members and Officers</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Number of Portfolios in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Name, Year of Birth</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Length of</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:0.005646pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Fund Complex Overseen</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:0.003204pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Other Directorships Held</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">and Address</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Position</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.009598pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Time Served</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.006439pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">by Board Member*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">During at Least the Past 5 Years</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">**Gregory E. Johnson (1961)</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Trustee</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.001572pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Since 2006</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.131195pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">148</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">None</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Chairman of the Board, Member &#150; Office of the Chairman, Director, President and Chief Executive Officer, Franklin Resources, Inc.; officer</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">and/or director or trustee, as the case may be, of some of the other subsidiaries of Franklin Resources, Inc. and of 44 of the investment</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">companies in Franklin Templeton Investments; and Chairman, Investment Company Institute.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">**Rupert H. Johnson, Jr. (1940) </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">Chairman of</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.002365pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Chairman of the</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.138397pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">138</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">None</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">the Board and</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.002365pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Board and Trustee</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Trustee and</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.002365pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">since 2013, and</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.002365pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:1.002365pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">since 1996</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice Chairman, Member &#150; Office of the Chairman and Director, Franklin Resources, Inc.; Director, Franklin Advisers, Inc.; Senior Vice</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">President, Franklin Advisory Services, LLC; and officer and/or director or trustee, as the case may be, of some of the other subsidiaries of</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Franklin Resources, Inc. and of 41 of the investment companies in Franklin Templeton Investments.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Alison E. Baur (1964)</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.995972pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Since 2012</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.125610pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Deputy General Counsel, Franklin Templeton Investments; and officer of some of the other subsidiaries of Franklin Resources, Inc. and of 46</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">of the investment companies in Franklin Templeton Investments.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Laura F. Fergerson (1962)</FONT></B></TD>
	<TD align=left colspan=2 style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Chief Executive Since 2009</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.131989pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Officer &#150;</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Finance and</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Administration</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Senior Vice President, Franklin Templeton Services, LLC; and officer of 46 of the investment companies in Franklin Templeton Investments.</FONT></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Aliya S. Gordon (1973)</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.995972pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Since 2009</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.125610pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Senior Associate General Counsel, Franklin Templeton Investments; officer of 46 of the investment companies in Franklin Templeton</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="border-bottom:1px solid #000000;" style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Investments; and </FONT><B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">formerly, </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">Litigation Associate, Steefel, Levitt &amp; Weiss, LLP (2000-2004).</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Steven J. Gray (1955)</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:1.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.995972pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Since 2009</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.125610pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left style="TEXT-INDENT:1.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">One Franklin Parkway</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">San Mateo, CA 94403-1906</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:1.000000pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Senior Associate General Counsel, Franklin Templeton Investments; Vice President, Franklin Templeton Distributors, Inc. and Franklin</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:1.000000pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Alternative Strategies Advisers, LLC; and officer of 46 of the investment companies in Franklin Templeton Investments.</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">39</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<!--$$/page=--><A name="page_43"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: left"><FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>

<DIV align=left>

<TABLE border=0 cellSpacing=0>



<TR>

   <TD width="23%"></TD>

   <TD width="12%"></TD>

   <TD width="12%"></TD>

   <TD width="23%"></TD>

   <TD width="28%"></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=4 align=left><B><FONT size=3 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Interested Board Members and Officers </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>(continued)</FONT></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Number of Portfolios in</FONT></B></TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Name, Year of Birth</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Length of</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.005pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Fund Complex Overseen</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.003pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Other Directorships Held</FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>and Address</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Position</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.013pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Time Served</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0.006pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>by Board Member*</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>During at Least the Past 5 Years</FONT></B></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Selena L. Holmes (1965)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD style="TEXT-INDENT: 0.006pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2012</FONT></TD>

   <TD style="TEXT-INDENT: 0.132pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>100 Fountain Parkway</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>&#8211; AML</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>St. Petersburg, FL 33716-1205</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Compliance</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director, Global Compliance Monitoring; Chief Compliance Officer, Franklin Alternative Strategies Advisers, LLC; Vice President, Franklin</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Templeton Companies, LLC; and officer of 46 of the investment companies in Franklin Templeton Investments.</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=2 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Christopher J. Molumphy (1962) </FONT></B><FONT size=1 face=Arial,Helvetica,sans-serif>President and</FONT></TD>

   <TD style="TEXT-INDENT: 0.006pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2002</FONT></TD>

   <TD style="TEXT-INDENT: 0.132pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Chief Executive</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Officer &#8211;</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investment</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD align=left>&nbsp;</TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Management</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director and Executive Vice President, Franklin Advisers, Inc.; Executive Vice President, Franklin Templeton Institutional, LLC; and officer of</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>some of the other subsidiaries of Franklin Resources, Inc. and of 22 of the investment companies in Franklin Templeton Investments.</FONT></TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Kimberly H. Novotny (1972)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2013</FONT></TD>

   <TD style="TEXT-INDENT: 0.125pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Associate General Counsel, Franklin Templeton Investments; Vice President and Secretary, Fiduciary Trust International of the South; Vice</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>President, Templeton Investment Counsel, LLC; Assistant Secretary, Franklin Resources, Inc.; and officer of 46 of the investment companies</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=2 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>in Franklin Templeton Investments.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Robert C. Rosselot (1960)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Chief</FONT></TD>

   <TD style="TEXT-INDENT: 0.006pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2013</FONT></TD>

   <TD style="TEXT-INDENT: 0.132pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>300 S.E. 2nd Street</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Compliance</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Fort Lauderdale, FL 33301-1923</FONT></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Officer</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Director, Global Compliance, Franklin Templeton Investments; Vice President, Franklin Templeton Companies, LLC; officer of 46 of the</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>investment companies in Franklin Templeton Investments; and formerly, Senior Associate General Counsel, Franklin Templeton Investments</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=4 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>(2007-2013); and Secretary and Vice President, Templeton Group of Funds (2004-2013).</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Karen L. Skidmore (1952)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD style="TEXT-INDENT: 0.001pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2009</FONT></TD>

   <TD style="TEXT-INDENT: 0.127pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Senior Associate General Counsel, Franklin Templeton Investments; and officer of 46 of the investment companies in Franklin Templeton</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Investments.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Craig S. Tyle (1960)</FONT></B></TD>

   <TD style="TEXT-INDENT: 0.572pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Vice President</FONT></TD>

   <TD align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Since 2005</FONT></TD>

   <TD style="TEXT-INDENT: 0.125pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD>

   <TD style="TEXT-INDENT: 0.248pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Not Applicable</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>One Franklin Parkway</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" align=left><FONT size=1 face=Arial,Helvetica,sans-serif>San Mateo, CA 94403-1906</FONT></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR>

   <TD colSpan=5>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=3 align=left><B><FONT size=1 face=Arial-BoldMT,Arial,Helvetica,sans-serif>Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>

   <TD align=left>&nbsp;</TD>

   <TD align=left>&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD style="TEXT-INDENT: 0pt" colSpan=5 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>General Counsel and Executive Vice President, Franklin Resources, Inc.; and officer of some of the other subsidiaries of Franklin Resources,</FONT></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 0pt" colSpan=4 align=left><FONT size=1 face=Arial,Helvetica,sans-serif>Inc. and of 46 of the investment companies in Franklin Templeton Investments.</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>&nbsp;</TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: left"><FONT size=1 face=Arial,Helvetica,sans-serif>40 </FONT><FONT color=#808080 size=3 face=Arial,Helvetica,sans-serif>| </FONT><FONT size=1 face=Arial,Helvetica,sans-serif>Annual Report franklintempleton.com</FONT></P></DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_44"></A><BR>

<a name="_bclPageBorder44"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: right;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=23%></TD>
     <TD width=11%></TD>
     <TD width=13%></TD>
     <TD width=22%></TD>
     <TD width=28%></TD></TR>
<TR valign="bottom">
	<TD align=left colspan=4 style="TEXT-INDENT:0.000107pt">
<B><FONT size=3 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Interested Board Members and Officers </FONT></B><FONT size=1 face="Arial,Helvetica,sans-serif">(continued)</FONT></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Number of Portfolios in</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Name, Year of Birth</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Length of</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:0.005646pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Fund Complex Overseen</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:0.003113pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Other Directorships Held</FONT></B></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">and Address</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Position</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.009705pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Time Served</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;" style="TEXT-INDENT:0.006531pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">by Board Member*</FONT></B></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">During at Least the Past 5 Years</FONT></B></TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Lori A. Weber (1964)</FONT></B></TD>
	<TD align=left style="TEXT-INDENT:0.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Secretary and</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002472pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Secretary since</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.138489pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.248718pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Not Applicable</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">300 S.E. 2nd Street</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.572769pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Vice President</FONT></TD>
	<TD align=left style="TEXT-INDENT:0.002472pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">2013 and Vice</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Fort Lauderdale, FL 33301-1923</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002472pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">President since</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left style="TEXT-INDENT:0.002472pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">2011</FONT></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR>
	<TD colspan=5>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=3 style="TEXT-INDENT:0.000107pt">
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Principal Occupation During at Least the Past 5 Years:</FONT></B></TD>
	<TD align=left>
&nbsp;</TD>
	<TD align=left>
&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Senior Associate General Counsel, Franklin Templeton Investments; Assistant Secretary, Franklin Resources, Inc.; Vice President and</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=5 style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">Secretary, Templeton Investment Counsel, LLC; Vice President, Fiduciary Trust International of the South; and officer of 46 of the investment</FONT></TD>
</TR>
<TR valign="bottom">
	<TD align=left colspan=2 style="TEXT-INDENT:0.000107pt">
<FONT size=1 face="Arial,Helvetica,sans-serif">companies in Franklin Templeton Investments.</FONT></TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
	<TD align=left style="border-bottom:1px solid #000000;">
&nbsp;</TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
<P style="text-align: left;">
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">*We base the number of portfolios on each separate series of the U.S. registered investment companies within the Franklin Templeton Investments fund complex. These</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">portfolios have a common investment manager or affiliated investment managers.</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">**Gregory E. Johnson is considered to be an interested person of the Fund under the federal securities laws due to his position as an officer and director of Franklin</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Resources, Inc. (Resources), which is the parent company of the Fund&#146;s investment manager. Rupert H. Johnson, Jr. is considered to be an interested person of the Fund</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">under the federal securities laws due to his position as officer and director and major shareholder of Resources.</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Note 1: Rupert H. Johnson, Jr. is the uncle of Gregory E. Johnson.</FONT><BR>
<FONT size=1 face="Arial Narrow,Arial,Helvetica,sans-serif">Note 2: Officer information is current as of the date of this report. It is possible that after this date, information about officers may change.</FONT><BR>
<BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">The Sarbanes-Oxley Act of 2002 and Rules adopted by the U.S. Securities and Exchange Commission require the Fund to disclose whether the Fund&#146;s Audit</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Committee includes at least one member who is an audit committee financial expert within the meaning of such Act and Rules. The Fund&#146;s Board has deter-</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">mined that there is at least one such financial expert on the Audit Committee and has designated each of Ann Torre Bates and David W. Niemiec as an audit</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">committee financial expert. The Board believes that Ms. Bates and Mr. Niemiec qualify as such an expert in view of their extensive business background and</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">experience. Ms. Bates has served as a member of the Fund Audit Committee since 2008. She currently serves as a director of Navient Corporation (May 2014),</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Ares Capital Corporation and United National Foods Inc. and was formerly a director of SLM Corporation from 1997 to 2014 and Allied Capital Corporation from</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">2003 to 2010, Executive Vice President and Chief Financial Officer of NHP Incorporated and Vice President and Treasurer of US Airways, Inc. Mr. Niemiec has</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">served as a member of the Fund Audit Committee since 2005, currently serves as an Advisor to Saratoga Partners and was formerly its Managing Director</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">from 1998 to 2001. Mr. Niemiec was formerly a director of Emeritus Corporation from 1999 to 2010 and OSI Pharmaceuticals, Inc. from 2006 to 2010, Managing</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Director of SBC Warburg Dillon Read from 1997 to 1998, and was Vice Chairman from 1991 to 1997 and Chief Financial Officer from 1982 to 1997 of Dillon, Read</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">&amp; Co. Inc. As a result of such background and experience, the Board believes that Ms. Bates and Mr. Niemiec have each acquired an understanding of generally</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">accepted accounting principles and financial statements, the general application of such principles in connection with the accounting estimates, accruals and</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">reserves, and analyzing and evaluating financial statements that present a breadth and level of complexity of accounting issues generally comparable to</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">those of the Fund, as well as an understanding of internal controls and procedures for financial reporting and an understanding of audit committee functions.</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Ms. Bates and Mr. Niemiec are independent Board members as that term is defined under the applicable U.S. Securities and Exchange Commission Rules</FONT></B><BR>
<B><FONT size=1 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">and Releases or the listing standards applicable to the Fund.</FONT></B></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com Annual Report </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">41</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_45"></A><BR>

<a name="_bclPageBorder45"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=5 face="Times New Roman,Times,serif">Shareholder Information</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Board Review of Investment Management Agreement</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At a meeting held May 15, 2014, the Board of Trustees (Board), including a majority of non-interested or independent Trustees, approved renewal of the investment management agreement for the Fund. In reaching this decision, the Board took into account information furnished throughout the year at regular Board meetings, as well as information prepared specifically in connection with the annual renewal review process. Information furnished and discussed throughout the year included investment performance reports and related financial information for the Fund, as well as periodic reports on expenses, shareholder services, legal and compliance matters, pricing, brokerage commissions and execution and other services provided by the Investment Manager (Manager) and its affiliates. Information furnished specifically in connection with the renewal process included a report for the Fund prepared by Lipper, Inc. (Lipper), an independent organization, as well as additional material, including a Fund profitability analysis prepared by management. The Lipper report compared the Fund&#146;s investment performance and expenses with those of other funds deemed comparable to the Fund as selected by Lipper. The Fund profitability analysis discussed the profitability to Franklin Templeton Investments from its overall U.S. fund operations, as well as on an individual fund-by-fund basis. Additional material accompanying such profitability analysis included information on a fund-by-fund basis listing portfolio managers and other accounts they manage, as well as information on management fees charged by the Manager and its affiliates to U.S. funds and other accounts, including management&#146;s explanation of differences where relevant. Such material also included a memorandum prepared by management describing project initiatives and capital investments relating to the services provided to the Fund by the Franklin Templeton Investments organization, as well as a memorandum relating to economies of scale.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In considering such materials, the independent Trustees received assistance and advice from and met separately with independent counsel. In approving continuance of the investment management agreement for the Fund, the Board, including a majority of independent Trustees, determined that the existing management fee structure was fair and reasonable and that continuance of the investment management agreement was in the best interests of the Fund and its shareholders. While attention was given to all information furnished, the following discusses some primary factors relevant to the Board&#146;s decision.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">NATURE, EXTENTAND QUALITY OF SERVICES.</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Board was satisfied with the nature and quality of the overall services provided by the Manager and its affiliates to the Fund and its shareholders. In addition to investment performance and expenses discussed later, the Board&#146;s opinion was based, in part, upon periodic reports furnished it showing that the investment policies and restrictions for the Fund were consistently complied with as well as other reports periodically furnished the Board covering matters such as the compliance of portfolio managers and other management personnel with the code of ethics adopted throughout the Franklin Templeton fund complex, the adherence to fair value pricing procedures established by the Board, and the accuracy of net asset value calculations. Favorable consideration was given to management&#146;s continual efforts and expenditures in establishing back-up systems and recovery procedures to function in the event of a natural disaster, it being noted that such systems and procedures had functioned well during the Florida hurricanes and blackouts experienced in previous years, and that those operations in the New York/New Jersey area ran smoothly during the period of the 2012 Hurricane Sandy. Consideration was also given to the experience of the Fund&#146;s portfolio management team, the number of accounts managed and general method of compensation. In this latter respect, the Board noted that a primary factor in management&#146;s determination of a portfolio manager&#146;s bonus compensation was the relative investment performance of the funds he or she managed and that a portion of such bonus was required to be invested in a predesignated list of funds within such person&#146;s fund management area so as to be aligned with the interests of shareholders. Particular attention was given to management&#146;s conservative approach and diligent risk management procedures, including continual monitoring of counterparty credit risk and attention given to derivatives and other complex instruments including expanded collateralization requirements. The Board also took into account, among other things, the strong financial position of the Manager&#146;s parent company and its commitment to the fund business as evidenced by its subsidization of money market funds.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">INVESTMENT PERFORMANCE. </FONT></B><FONT size=2 face="Times New Roman,Times,serif">The Board placed significant emphasis on the investment performance of the Fund in view of its importance to shareholders. While consideration was given to performance reports and discussions with portfolio managers at Board meetings during the year, particular attention in assessing performance was given to the Lipper reports furnished for the agreement renewal. The Lipper report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">42 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_46"></A><BR>

<a name="_bclPageBorder46"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: center;">
<FONT size=1 face="Times New Roman,Times,serif">SHAREHOLDER INFORMATION</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">for the Fund showed its investment performance for the one-year period ended February 28, 2014, as well as the previous 10 years ended that date in respect to a performance universe consisting of the Fund and all closed-end non-leveraged global income funds as selected by Lipper. Such universe consisted of four funds during the one-year period, three funds during the annualized previous three- and five-year periods, and two funds during the annualized previous 10-year period. The Lipper report considered both the Fund&#146;s income return and total return on a net asset value basis without regard to market discounts or premiums to accurately reflect investment performance. The Lipper report showed the Fund&#146;s income return to be the second lowest among the four funds composing its Lipper performance universe for the one-year period, and on an annualized basis to be the highest or second highest among the funds constituting such universe for the previous three-, five- and 10-year periods. The Lipper report showed the Fund&#146;s total return to be the second highest among the four funds composing its Lipper performance universe for the one-year period, and on an annualized basis to be the highest or second highest among the funds constituting such universe for the previous three-, five- and 10-year periods. The Board was satisfied with such comparative investment performance, noting that the Fund&#146;s income return for the one-year period as shown in the Lipper report was 7.99% and exceeded the average income return of the expense group for such period.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">COMPARATIVE EXPENSES. </FONT></B><FONT size=2 face="Times New Roman,Times,serif">Consideration was given to a comparative analysis of the management fee and total expense ratio of the Fund compared with an expense group consisting of the Fund and two other closed-end funds as selected by Lipper. Lipper expense data is based upon information taken from each fund&#146;s most recent annual report, which reflects historical asset levels that may be quite different from those currently existing, particularly in a period of market volatility. While recognizing such inherent limitation and the fact that expense ratios generally increase as assets decline and decrease as assets grow, the Board believed the independent analysis conducted by Lipper to be an appropriate measure of comparative expenses. In reviewing comparative costs, Lipper provides information on each Fund&#146;s contractual investment management fee rate in comparison with the contractual investment management fee rate that would have been charged by the other funds within the Lipper expense group assuming they were similar in size to the Fund, as well as the actual total expense rate of the Fund in comparison with those of the other funds. The Lipper contractual investment management fee analysis considers administrative fees to be part of management fees, and the results of such expense comparison</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">showed both the Fund&#146;s contractual investment management fee rate and total actual expense rate to be the lowest in its Lipper expense group. The Board was satisfied with the Fund&#146;s comparative expenses as shown in the Lipper report.</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MANAGEMENT PROFITABILITY. </FONT></B><FONT size=2 face="Times New Roman,Times,serif">The Board also considered the level of profits realized by the Manager and its affiliates in connection with the operation of the Fund. In this respect, the Board reviewed the Fund profitability analysis that addresses the overall profitability of Franklin Templeton&#146;s U.S. fund business, as well as its profits in providing management and other services to each of the individual funds during the 12-month period ended September 30, 2013, being the most recent fiscal year-end for Franklin Resources, Inc., the Manager&#146;s parent. In reviewing the analysis, the Board recognized that allocation methodologies are inherently subjective and various allocation methodologies may be reasonable while producing different results. In this respect, the Board noted that while management continually makes refinements to its methodologies in response to organizational and product related changes, the overall approach as defined by the primary drivers and activity measurements has remained consistent with that used in the Fund&#146;s profitability report presentations from prior years. Additionally, the Fund&#146;s independent registered public accounting firm had been engaged by the Manager to periodically review the reasonableness of the allocation methodologies to be used solely by the Fund&#146;s Board in reference to the profitability analysis. In reviewing and discussing such analysis, management discussed with the Board its belief that costs incurred in establishing the infrastructure necessary for the type of fund operations conducted by the Manager and its affiliates may not be fully reflected in the expenses allocated to the Fund in determining its profitability, as well as the fact that the level of profits, to a certain extent, reflected operational cost savings and efficiencies initiated by management. In addition, the Board considered a third-party study comparing the profitability of the Manager&#146;s parent on an overall basis to other publicly held managers broken down to show profitability from management operations exclusive of distribution expenses, as well as profitability including distribution expenses. The Board also considered the extent to which the Manager and its affiliates might derive ancillary benefits from fund operations. Based upon its consideration of all these factors, the Board determined that the level of profits realized by the Manager and its affiliates from providing services to the Fund was not excessive in view of the nature, quality and extent of services provided.</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">43</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_47"></A><BR>

<a name="_bclPageBorder47"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">TEMPLETON GLOBAL INCOME FUND</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Times New Roman,Times,serif">SHAREHOLDER INFORMATION</FONT></P>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ECONOMIES OF SCALE. </FONT></B><FONT size=2 face="Times New Roman,Times,serif">The Board also considered whether the Manager realizes economies of scale as the Fund grows larger and the extent to which any such benefit is shared with the Fund and its shareholders. The Board believed that a manager&#146;s ability to realize economies of scale and the sharing of such benefit is a more relevant consideration in the case of an open-end fund whose size increases as a result of the continuous sale of its shares. A closed-end investment company such as the Fund does not continuously offer shares, and growth following its initial public offering will primarily result from market appreciation, which benefits its shareholders. While believing economies of scale to be less of a factor in the context of a closed-end fund, the Board believes at some point an increase in size may lead to economies of scale that should be shared with the Fund and its shareholders. In this respect, the Board noted the Fund is charged a management advisory fee at the rate of 0.55% on its first &#36;200 million of net assets; 0.500% on the next &#36;800 million of net assets; 0.48% on the next &#36;4 billion of net assets; and 0.46% on the next &#36;5 billion of net assets with decreasing breakpoints continuing through the &#36;20 billion net asset level. The Fund also pays a separate fee for administrative services that starts at 0.150% on the first &#36;200 million of Fund net assets, 0.135% on the next &#36;500 million of Fund net assets, and 0.100% thereafter. The Fund&#146;s asset size was approximately &#36;1.1 billion on December 31, 2013, and the Board believed such fee schedule provides a sharing of benefits with the Fund and its shareholders.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">At the May 15, 2014, Board meeting, the Board eliminated the separate investment management and administrative agreements and approved a new form of investment management agreement for the Fund combining such services. In approving the new form of investment management agreement, the Board took into account that the types of services would be the same as that charged under the previous separate agreements and that the aggregate fee, including breakpoints, would be the same as that charged under the previous separate agreements. The Board also noted that combining such services was consistent with Lipper&#146;s methodology of considering contractual investment management fees to include any separately charged administrative fee.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">copies of the Policies free of charge by calling the Proxy Group collect at (954) 527-7678 or by sending a written request to: Franklin Templeton Companies, LLC, 300 S.E. 2nd Street, Fort Lauderdale, FL 33301, Attention: Proxy Group. Copies of the Fund&#146;s proxy voting records are also made available online at franklintempleton.com and posted on the U.S. Securities and Exchange Commission&#146;s website at sec.gov and reflect the most recent 12-month period ended June 30.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Quarterly Statement of Investments</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund files a complete statement of investments with the U.S. Securities and Exchange Commission for the first and third quarters for each fiscal year on Form N-Q. Shareholders may view the filed Form N-Q by visiting the Commission&#146;s website at sec.gov. The filed form may also be viewed and copied at the Commission&#146;s Public Reference Room in Washington, DC. Information regarding the operations of the Public Reference Room may be obtained by calling (800) SEC-0330.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Certifications</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s Chief Executive Officer &#150; Finance and Administration is required by the New York Stock Exchange&#146;s Listing Standards to file annually with the Exchange a certification that she is not aware of any violation by the Fund of the Exchange&#146;s Corporate Governance Standards applicable to the Fund. The Fund has filed such certification.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">In addition, the Fund&#146;s Chief Executive Officer &#150; Finance and Administration and Chief Financial Officer and Chief Accounting Officer are required by the rules of the U.S. Securities and Exchange Commission to provide certain certifications with respect to the Fund&#146;s Form N-CSR and Form N-CSRS (which include the Fund&#146;s annual and semi-annual reports to shareholders) that are filed annually with the Commission. The Fund has filed such certifications with its Form N-CSRS for the six months ended February 28, 2014. Additionally, the Fund expects to file, on or about October 30, 2014, such certifications with its Form N-CSR for the year ended August 31, 2014.</FONT></P>
<P style="text-align: left;">
<B><FONT size=3 face="ArialNarrow-Bold,Arial,Helvetica,sans-serif">Proxy Voting Policies and Procedures</FONT></B></P>
<P style="text-align: left;">
<FONT size=2 face="Times New Roman,Times,serif">The Fund&#146;s investment manager has established Proxy Voting Policies and Procedures (Policies) that the Fund uses to determine how to vote proxies relating to portfolio securities. Shareholders may view the Fund&#146;s complete Policies online at franklintempleton.com. Alternatively, shareholders may request</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">44 </FONT><FONT color="#808080" size=3 face="Arial,Helvetica,sans-serif">| </FONT><FONT size=1 face="Arial,Helvetica,sans-serif">Annual Report</FONT></P>
<P style="text-align: left;">
<FONT size=1 face="Arial,Helvetica,sans-serif">franklintempleton.com</FONT></P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>

<!--$$/page=-->
<A name="page_49"></A><BR>

<a name="_bclPageBorder49"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<IMG src="tlgim_a1014x48x1.jpg" border=0>
<BR>
<P style="text-align: left;">
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Annual Report</FONT></B><BR>
<B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Templeton Global Income Fund</FONT></B><BR>
<BR>
<B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Investment Manager</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times,serif">Franklin Advisers, Inc.</FONT><BR>
<BR>
<B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Transfer Agent</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times,serif">Computershare Shareowner Services, LLC</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">P. O. Box 30170</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">College Station, TX 77842-3170</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">Toll free number: (800) 416-5585</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">Hearing Impaired phone number: (800) 231-5469</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">Foreign Shareholders phone number: (201) 680-6578</FONT><BR>
<FONT size=1 face="Times New Roman,Times,serif">www.computershare.com/investor</FONT><BR>
<BR>
<B><FONT size=1 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Fund Information</FONT></B><BR>
<FONT size=1 face="Times New Roman,Times,serif">(800) DIAL BEN</FONT><SUP><FONT size=1 face="Times New Roman,Times,serif">&#174; </FONT></SUP><FONT size=1 face="Times New Roman,Times,serif">/ 342-5236</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Arial,Helvetica,sans-serif">Investors should be aware that the value of investments made for the Fund may go down as well as up. Like any investment in securities, the value of the Fund&#146;s portfolio will be subject to the risk of loss from market, currency, economic, political and other factors. The Fund and its investors are not protected from such losses by the investment manager. Therefore, investors who cannot accept this risk should not invest in shares of the Fund.</FONT></P>
<P style="text-align: left;">
<FONT size=2 face="Arial,Helvetica,sans-serif">To help ensure we provide you with quality service, all calls to and from our service areas are monitored and/or recorded.</FONT></P>
<DIV align="left">
<TABLE border=0 cellspacing=0>
<TR>
     <TD width=61%></TD>
     <TD width=38%></TD></TR>
<TR valign="bottom">
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">&#169; 2014 Franklin Templeton Investments. All rights reserved.</FONT></TD>
	<TD align=left>
<FONT size=1 face="Arial,Helvetica,sans-serif">TLGIM A 10/14</FONT></TD>
</TR>
</TABLE>
</DIV>
<P style="MARGIN:0px">&nbsp;</P>
</DIV>

<HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_50"></a><a name="_bclPageBorder50"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader50"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Item 2. Code of Ethics.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:27.0pt;text-indent:-27.0pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(a) The
Registrant has adopted a code of ethics that applies to its principal executive
officers and principal financial and accounting officer.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(c) N/A</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(d) N/A</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:22.5pt;text-indent:-22.5pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(f)</font><b><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;"> </font></b><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Pursuant
to Item 12(a)(1), the Registrant is attaching as an exhibit a copy of its code
of ethics that applies to its principal executive officers and principal
financial and accounting officer.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Item 3. Audit Committee
Financial Expert. </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:40.5pt;text-indent:-40.5pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(a)(1) The
Registrant has an audit committee financial expert serving on its audit
committee.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:45.0pt;text-indent:-27.0pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(2) The
audit committee financial expert is David W. Niemiec and he is &quot;independent&quot;
as defined under the relevant Securities and Exchange Commission Rules and
Releases.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Item 4. </font></b><b><font face="courier new" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Principal Accountant Fees
and Services.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">(a)&#160;&#160; Audit Fees</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">The
aggregate fees paid to the principal accountant for professional services
rendered by the principal accountant for the audit of the registrant&#8217;s annual
financial statements or for services that are normally provided by the
principal accountant in connection with statutory and regulatory filings or
engagements were $53,634 for the fiscal year ended August 31, 2014 and $54,721
for the fiscal year ended August 31, 2013.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">(b)&#160;&#160; Audit-Related Fees</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">There were no fees paid to the principal accountant for assurance and related services rendered by the principal accountant to the registrant that are reasonably related to the performance of the audit of the registrant's financial statements and are not reported under paragraph (a) of Item 4.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">There were no fees paid to the principal accountant for assurance and related services rendered by the principal accountant to the registrant's investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant that are reasonably related to the performance of the audit of their financial statements.&#160; </font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">(c)&#160;&#160; Tax Fees</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">There were no fees paid to the principal accountant for professional services rendered by the principal accountant to the registrant for tax compliance, tax advice and tax planning.</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">The aggregate fees paid to the principal accountant for professional services rendered by the principal accountant to the registrant&#8217;s investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant for tax </font><font face="courier new" lang=EN-US style="font-size:10.0pt;">compliance, tax advice and tax planning were $3,830 for the fiscal year ended August 31, 2014 and $6,100 for the fiscal year ended August 31, 2013. The services for which these fees were paid included technical tax consultation for capital gain tax and withholding tax reporting for foreign governments and requirements on local country&#8217;s self-certification forms.</font></p>
<a name="_bclFooter50"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_51"></a><a name="_bclPageBorder51"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader51"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">(d)&#160;&#160; All Other Fees</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">The aggregate fees paid to the principal accountant for products and services rendered by the principal accountant to the registrant, other than the services reported in paragraphs (a)-(c) of Item 4 were $335 for the fiscal year ended August 31, 2014 and $0 for the fiscal year ended August 31, 2013. The services for which these fees were paid included review of materials provided to the fund Board in connection with the investment management contract renewal process.</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">The aggregate fees paid to the principal accountant for products and services rendered by the principal accountant to the registrant&#8217;s investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant, other than the services reported in paragraphs (a)-(c) of Item 4 were $159,401 for the fiscal year ended August 31, 2014 and $0 for the fiscal year ended August 31, 2013. The services for which these fees were paid included review of materials provided to the fund Board in connection with the investment management contract renewal process.&#160; </font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">(e) (1) The registrant&#8217;s
audit committee is directly responsible for approving the services to be
provided by the auditors, including:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; (i)&#160;&#160; pre-approval of
all audit and audit related services;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; (ii)&#160; pre-approval of
all non-audit related services to be provided to the Fund by the auditors;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; (iii) pre-approval of
all non-audit related services to be provided to the registrant by the auditors
to the registrant&#8217;s investment adviser or to any entity that controls, is
controlled by or is under common control with the registrant&#8217;s investment
adviser and that provides ongoing services to the registrant where the
non-audit services relate directly to the operations or financial reporting of
the registrant; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; (iv)&#160; establishment by
the audit committee, if deemed necessary or appropriate, as an alternative to
committee pre-approval of services to be provided by the auditors, as required
by paragraphs (ii) and (iii) above, of policies and procedures to permit such
services to be pre-approved by other means, such as through establishment of
guidelines or by action of a designated member or members of the committee;
provided the policies and procedures are detailed as to the particular service
and the committee is informed of each service and such policies and procedures
do not include delegation of audit committee responsibilities, as contemplated
under the Securities Exchange Act of 1934, to management; subject, in the case
of (ii) through (iv), to any waivers, exceptions or exemptions that may be
available under applicable law or rules.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">(e) (2) None of the services provided to the registrant described in paragraphs (b)-(d) of Item 4 were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of regulation S-X.</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p><p style="margin:0in;margin-bottom:.0001pt;"><font face="courier new" lang=EN-US style="font-size:10.0pt;">(f) No disclosures are required by this Item 4(f).</font></p>
<a name="_bclFooter51"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Courier New" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div>
<A name="page_52"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader52"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">(g) The aggregate non-audit fees paid to the principal accountant for services rendered by the principal accountant to the registrant and the registrant&#8217;s investment adviser and any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the registrant were $163,566 for the fiscal year ended August 31, 2014 and $6,100 for the fiscal year ended August 31, 2013.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">(h) The registrant&#8217;s audit committee of the board has considered whether the provision of non-audit services that were rendered to the registrant&#8217;s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant&#8217;s independence.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new">Item 5. Audit Committee of Listed Registrants</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US face="courier new">Members of the Audit Committee are:&nbsp; Ann Torre Bates, Frank J. Crothers, David W. Niemiec, and Constantine D. Tseretopoulos.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US face="courier new"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new">Item 6. Schedule of Investments.</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">N/A</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new">Item 7</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">. </FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. </FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">The board of trustees of the Fund has delegated the authority to vote proxies related to the portfolio securities held by the Fund to the Fund's investment manager </FONT><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Franklin Advisers, Inc.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">in accordance with the Proxy Voting Policies and Procedures (Policies) adopted by the investment manager.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The investment manager has delegated its administrative duties with respect to the voting of proxies for equity securities to the Proxy Group within Franklin Templeton Companies, LLC (Proxy Group), an affiliate and wholly owned subsidiary of Franklin Resources, Inc. All proxies received by the Proxy Group will be voted based upon the investment manager&#8217;s instructions and/or policies. The investment manager votes proxies solely in the best interests of the Fund and its shareholders.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">To assist it in analyzing proxies, the investment manager subscribes to Institutional Shareholder Services, Inc. (ISS), an unaffiliated third-party corporate governance research service that provides in-depth analyses of shareholder meeting agendas, vote recommendations, vote execution services, ballot reconciliation services, recordkeeping and vote disclosure services. In addition, the investment manager subscribes to Glass, Lewis &amp; Co., LLC (Glass Lewis), an unaffiliated third-party analytical research firm, to receive analyses and vote recommendations on the shareholder meetings of publicly held U.S. companies, as well as a limited subscription to its international research. Although ISS&#8217; and/or Glass Lewis&#8217; analyses are thoroughly reviewed and considered in making a final voting decision, the investment manager does not consider recommendations from ISS, Glass Lewis or any other third party to be determinative of the investment manager&#8217;s ultimate decision. Rather, the </FONT>


<FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">investment manager exercises its independent judgment in making voting decisions. As a matter of policy, the officers, directors/trustees and employees of the investment manager and the Proxy Group will not be influenced by outside sources whose interests conflict with the interests of the Fund and its shareholders. Efforts are made to resolve all conflicts in the best interests of the investment manager&#8217;s clients. Material conflicts of interest are identified by the Proxy Group based upon analyses of client, distributor, broker-dealer and vendor lists, information periodically gathered from directors and officers, and information derived from other sources, including public filings. In situations where a material conflict of interest is identified, the Proxy Group may defer to the voting recommendation of ISS, Glass Lewis or those of another independent third-party provider of proxy services; or send the proxy directly to the Fund's board or a committee of the board with the investment manager's recommendation regarding the vote for approval.</FONT></P>

<a name="_bclFooter52"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_53"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader53"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>




<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Where a material conflict of interest has been identified, but the items on which the investment manager&#8217;s vote recommendations differ from Glass Lewis, ISS, or another independent third-party provider of proxy services relate specifically to (1) shareholder proposals regarding social or environmental issues, (2) &#8220;Other Business&#8221; without describing the matters that might be considered, or (3) items the investment manager wishes to vote in opposition to the recommendations of an issuer&#8217;s management, the Proxy Group may defer to the vote recommendations of the investment manager rather than sending the proxy directly to the Fund's board or a board committee for approval.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">To avoid certain potential conflicts of interest, the investment manager will employ echo voting, if possible, in the following instances: (1) when the Fund invests in an underlying fund in reliance on any one of Sections 12(d) (1) (E), (F), or (G) of the 1940 Act, the rules thereunder, or pursuant to a SEC exemptive order thereunder; (2) when the Fund invests uninvested cash in affiliated money market funds pursuant to the rules under the 1940 Act or any exemptive orders thereunder (&#8220;cash sweep arrangement&#8221;); or (3) when required pursuant to the Fund&#8217;s governing documents or applicable law. Echo voting means that the investment manager will vote the shares in the same proportion as the vote of all of the other holders of the underlying fund's shares.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The recommendation of management on any issue is a factor that the investment manager considers in determining how proxies should be voted. However, the investment manager does not consider recommendations from management to be determinative of the investment manager&#8217;s ultimate decision. As a matter of practice, the votes with respect to most issues are cast in accordance with the position of the company's management. Each issue, however, is considered on its own merits, and the investment manager will not support the position of the company's management in any situation where it deems that the ratification of management&#8217;s position would adversely affect the investment merits of owning that company&#8217;s shares.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Investment manager&#8217;s proxy voting policies and principles</FONT></B><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; The investment manager has adopted general proxy voting guidelines, which are summarized below. These guidelines are not an exhaustive list of all the issues that may arise and the investment manager cannot anticipate all future situations. In all cases, each proxy will be considered based on the relevant facts and circumstances.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Board of directors.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; The investment manager supports an independent board of directors, and prefers that key committees such as audit, nominating, and </FONT>


<FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">compensation committees be comprised of independent directors. The investment manager will generally vote against management efforts to classify a board and will generally support proposals to declassify the board of directors. The investment manager will consider withholding votes from directors who have attended less than 75% of meetings without a valid reason. While generally in favor of separating Chairman and CEO positions, the investment manager will review this issue as well as proposals to restore or provide for cumulative voting on a case-by-case basis, taking into consideration factors such as the company&#8217;s corporate governance guidelines or provisions and performance. The investment manager generally will support non-binding shareholder proposals to require a majority vote standard for the election of directors; however, if these proposals are binding, the investment manager will give careful review on a case-by-case basis of the potential ramifications of such implementation.</FONT></P>

<a name="_bclFooter53"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_54"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader54"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>




<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">In the event of a contested election, the investment manager will review a number of factors in making a decision including management&#8217;s track record, the company&#8217;s financial performance, qualifications of candidates on both slates, and the strategic plan of the dissidents.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Ratification of auditors of portfolio companies.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; The investment manager will closely scrutinize the independence, role and performance of auditors. On a case-by-case basis, the investment manager will examine proposals relating to non-audit relationships and non-audit fees. The investment manager will also consider, on a case-by-case basis, proposals to rotate auditors, and will vote against the ratification of auditors when there is clear and compelling evidence of a lack of independence, accounting irregularities or negligence. The investment manager may also consider whether the ratification of auditors has been approved by an appropriate audit committee that meets applicable composition and independence requirements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Management and director compensation.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; A company&#8217;s equity-based compensation plan should be in alignment with the shareholders&#8217; long-term interests. The investment manager believes that executive compensation should be directly linked to the performance of the company. The investment manager evaluates plans on a case-by-case basis by considering several factors to determine whether the plan is fair and reasonable, including the ISS quantitative model utilized to assess such plans and/or the Glass Lewis evaluation of the plans. The investment manager will generally oppose plans that have the potential to be excessively dilutive, and will almost always oppose plans that are structured to allow the repricing of underwater options, or plans that have an automatic share replenishment &#8220;evergreen&#8221; feature. The investment manager will generally support employee stock option plans in which the purchase price is at least 85% of fair market value, and when potential dilution is 10% or less.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Severance compensation arrangements will be reviewed on a case-by-case basis, although the investment manager will generally oppose &#8220;golden parachutes&#8221; that are considered to be excessive. The investment manager will normally support proposals that require a percentage of directors&#8217; compensation to be in the form of common stock, as it aligns their interests with those of shareholders.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The investment manager will review non-binding say-on-pay proposals on a case-by-case basis, and will generally vote in favor of such proposals unless compensation is misaligned with performance and/or shareholders&#8217; interests, the company has not provided reasonably clear disclosure regarding its compensation practices, or there are concerns with the company&#8217;s remuneration practices.</FONT></P>

<a name="_bclFooter54"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_55"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader55"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Anti-takeover mechanisms and related issues.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp; The investment manager generally opposes anti-takeover measures since they tend to reduce shareholder rights. However, as with all proxy issues, the investment manager conducts an independent review of each anti-takeover proposal. On occasion, the investment manager may vote with management when the research analyst has concluded that the proposal is not onerous and would not harm the Fund or its shareholders&#8217; interests. The investment manager generally supports proposals that require shareholder rights&#8217; plans (&#8220;poison pills&#8221;) to be subject to a shareholder vote and will closely evaluate such plans on a case-by-case basis to determine whether or not they warrant support. In addition, the investment manager will generally vote against any proposal to issue stock that has unequal or subordinate voting rights. The investment manager generally opposes any supermajority voting requirements as well as the payment of &#8220;greenmail.&#8221; The investment manager generally supports &#8220;fair price&#8221; provisions and confidential voting. The investment manager will review a company&#8217;s proposal to reincorporate to a different state or country on a case-by-case basis taking into consideration financial benefits such as tax treatment as well as comparing corporate governance provisions and general business laws that may result from the change in domicile.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Changes to capital structure.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; The investment manager realizes that a company's financing decisions have a significant impact on its shareholders, particularly when they involve the issuance of additional shares of common or preferred stock or the assumption of additional debt. The investment manager will review, on a case-by-case basis, proposals by companies to increase authorized shares and the purpose for the increase. The investment manager will generally not vote in favor of dual-class capital structures to increase the number of authorized shares where that class of stock would have superior voting rights. The investment manager will generally vote in favor of the issuance of preferred stock in cases where the company specifies the voting, dividend, conversion and other rights of such stock and the terms of the preferred stock issuance are deemed reasonable. The investment manager will review proposals seeking preemptive rights on a case-by-case basis.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Mergers and corporate restructuring.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; Mergers and acquisitions will be subject to careful review by the research analyst to determine whether they would be beneficial to shareholders. The investment manager will analyze various economic and strategic factors in making the final decision on a merger or acquisition. Corporate restructuring proposals are also subject to a thorough examination on a case-by-case basis.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Environment, social and governance issues.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; The investment manager will generally give management discretion with regard to social, environmental and ethical issues, although the investment manager may vote in favor of those that are believed to have significant economic benefits or implications for the Fund and its shareholders. The investment manager generally supports the right of shareholders to call special meetings and act by written consent. However, the investment manager will review such shareholder proposals on a case-by-case basis in an effort to ensure that such proposals do not disrupt the course of business or require a disproportionate or inappropriate use of company resources. The investment manager will consider supporting a shareholder proposal seeking disclosure and greater board oversight of lobbying and corporate political contributions if the investment manager believes that there is evidence of inadequate oversight by the company&#8217;s board, if the company&#8217;s current disclosure is significantly deficient, or if the disclosure is notably lacking in comparison to the company&#8217;s peers. The investment manager will consider on a case-by-case basis any well-drafted and reasonable proposals for </FONT>


<FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">proxy access considering such factors as the size of the company, ownership thresholds and holding periods, responsiveness of management, intentions of the shareholder proponent, company performance, and shareholder base.</FONT></P>

<a name="_bclFooter55"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_56"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader56"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>




<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Global corporate governance.</FONT></I><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> &nbsp; Many of the tenets discussed above are applied to the investment manager's proxy voting decisions for international investments. However, the investment manager must be flexible in these worldwide markets. Principles of good corporate governance may vary by country, given the constraints of a country&#8217;s laws and acceptable practices in the markets. As a result, it is on occasion difficult to apply a consistent set of governance practices to all issuers. As experienced money managers, the investment manager's analysts are skilled in understanding the complexities of the regions in which they specialize and are trained to analyze proxy issues germane to their regions.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT size=2 face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The investment manager will generally attempt to process every proxy it receives for all domestic and foreign securities. However, there may be situations in which the investment manager may be unable to vote a proxy, or may choose not to vote a proxy, such as where: (i) the proxy ballot was not received from the custodian bank; (ii) a meeting notice was received too late; (iii) there are fees imposed upon the exercise of a vote and it is determined that such fees outweigh the benefit of voting; (iv) there are legal encumbrances to voting, including blocking restrictions in certain markets that preclude the ability to dispose of a security if the investment manager votes a proxy or where the investment manager is prohibited from voting by applicable law or other regulatory or market requirements, including but not limited to, effective Powers of Attorney; (v) the investment manager held shares on the record date but has sold them prior to the meeting date; (vi) proxy voting service is not offered by the custodian in the market; (vii) the investment manager believes it is not in the best interest of the Fund or its shareholders to vote the proxy for any other reason not enumerated herein; or (viii) a security is subject to a securities lending or similar program that has transferred legal title to the security to another person. In some foreign jurisdictions, even if the investment manager uses reasonable efforts to vote a proxy on behalf of the Fund, such vote or proxy may be rejected because of (a) operational or procedural issues experienced by one or more third parties involved in voting proxies in such jurisdictions; (b) changes in the process or agenda for the meeting by the issuer for which the investment manager does not have sufficient notice; and (c) the exercise by the issuer of its discretion to reject the vote of the investment manager. The investment manager or its affiliates may, on behalf of one or more of the proprietary registered investment companies advised by the investment manager or its affiliates, determine to use its best efforts to recall any security on loan where the investment manager or its affiliates (a) learn of a vote on a material event that may affect a security on loan and (b) determine that it is in the best interests of such proprietary registered investment companies to recall the security for voting purposes.</FONT></P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: both; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Shareholders may view the complete Policies online at franklintempleton.com. Alternatively, shareholders may request copies of the Policies free of charge by calling the Proxy Group collect at (954) 527-7678 or by sending a written request to: Franklin Templeton Companies, LLC, 300 S.E. 2nd Street, Fort Lauderdale, FL 33301-1923, Attention: Proxy Group. Copies of the Fund&#8217;s proxy voting records are available online at franklintempleton.com and posted on the SEC website at www.sec.gov. The proxy voting records are updated each year by August 31 to reflect the most recent 12-month period ended June 30.</FONT></P>

<P style="TEXT-INDENT: -45pt; MARGIN: 0in 0in 0pt 45pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<a name="_bclFooter56"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_57"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader57"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: -45pt; MARGIN: 0in 0in 0pt 45pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -45pt; MARGIN: 0in 0in 0pt 45pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Item 8. Portfolio Managers of Closed-End Management Investment Companies.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(a)(1)&nbsp; As of October 24, 2014, the portfolio manager of the Fund is as follows:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">MICHAEL HASENSTAB,</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> </FONT><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Ph.D.</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">, </FONT><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Senior Vice President of Franklin Advisers, Inc.</FONT></I></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Dr. Hasenstab has been a portfolio manager of the Fund since 2002.&nbsp; He has final authority over all aspects of the Fund's investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio risk assessment, and the management of daily cash balances in accordance with anticipated management requirements. The degree to which he may perform these functions, and the nature of these functions, may change from time to time.</FONT><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"> </FONT><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;He first joined Franklin Templeton Investments in 1995, rejoining again in 2001 after a three-year leave to obtain his PH.D.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">SONAL DESAI, PH.D., </FONT></B><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Portfolio Manager of Franklin Advisers, Inc.</FONT></I></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Dr. Desai has been a portfolio manager of the Fund since 2011, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. She joined Franklin Templeton Investments in 2009. Prior to joining Franklin Templeton Investments, she was part of the Global Credit team at Thames River Capital in London, where she was responsible for shaping the team's top-down global view on macroeconomic and market developments covering both G10 and global emerging markets.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(a)(2)&nbsp; This section reflects information about the portfolio managers as of the fiscal year ended August 31, 2014.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The following table shows the number of other accounts managed by each portfolio manager and the total assets in the accounts managed within each category:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 545.45pt; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT>&nbsp;</P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="courier new">Name</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Number of Other Registered Investment Companies Managed<SUP>1</SUP></FONT></P>

   <P style="LINE-HEIGHT: normal; MARGIN: 0in"><FONT style="DISPLAY: none" face="courier new"><FONT style="FONT-SIZE: 9pt" face="courier new"></FONT></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Assets of Other Registered Investment Companies Managed</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">(x $1 million)<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Number of Other Pooled Investment Vehicles Managed<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Assets of Other Pooled Investment Vehicles Managed</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">(x $1 million)<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Number of Other Accounts Managed<SUP>1</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Assets of Other Accounts Managed</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">(x $1 million)<SUP>1</SUP></FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Michael Hasenstab</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">18</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">96,149.3</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 9pt" face="Courier New">42<SUP>2</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 9pt" face="Courier New">98,183.4</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 9pt" face="Courier New">16<SUP>2</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: char; FONT-SIZE: 9pt" face="Courier New">5,284.1</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Sonal Desai</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">7</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">86,655.1</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">10</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">79,898.9</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">1</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">353.3</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="DISPLAY: none"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></FONT>&nbsp;</P>

<P style="LINE-HEIGHT: normal; TEXT-INDENT: -19.2pt; MARGIN: 0in 0in 0pt 37.2pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="courier new">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face="courier new">The various pooled investment vehicles and accounts listed are managed by a team of investment professionals.&nbsp; Accordingly, the individual managers listed would not be solely responsible for managing such listed amounts.</FONT></P>

<P style="LINE-HEIGHT: normal; TEXT-INDENT: -19.2pt; MARGIN: 0in 0in 0pt 37.2pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="courier new">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 8pt" lang=EN-US face="courier new">Dr. Hasenstab manages a Pooled Investment Vehicle and Other Accounts with $979.8 in total assets with a performance fee.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Portfolio managers that provide investment services to the Fund may also provide services to a variety of other investment products, including other funds, institutional accounts and private accounts.&nbsp; The advisory fees for some of such other products and accounts may be different than that charged to the Fund and may include performance based compensation (as noted, in the chart above, if any).&nbsp; This may result in fees that are higher (or lower) than the advisory fees paid by the Fund. As a matter of policy, each fund or account is managed solely for the benefit of the beneficial owners thereof. As discussed below, the separation of the trading execution function from the portfolio </FONT>


<FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">management function and the application of objectively based trade allocation procedures help to mitigate potential conflicts of interest that may arise as a result of the portfolio managers managing accounts with different advisory fees.</FONT></P>

<a name="_bclFooter57"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_58"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader58"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>




<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Conflicts.&nbsp; </FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The management of multiple funds, including the Fund, and accounts may also give rise to potential conflicts of interest if the funds and other accounts have different objectives, benchmarks, time horizons, and fees as the portfolio manager must allocate his or her time and investment ideas across multiple funds and accounts. The investment manager seeks to manage such competing interests for the time and attention of portfolio managers by having portfolio managers focus on a particular investment discipline.&nbsp; Most other accounts managed by a portfolio manager are managed using the same investment strategies that are used in connection with the management of the Fund.&nbsp; Accordingly, portfolio holdings, position sizes, and industry and sector exposures tend to be similar across similar portfolios, which may minimize the potential for conflicts of interest. As noted above, the separate management of the trade execution and valuation functions from the portfolio management process also helps to reduce potential conflicts of interest. However, securities selected for funds or accounts other than the Fund may outperform the securities selected for the Fund. Moreover, if a portfolio manager identifies a limited investment opportunity that may be suitable for more than one fund or other account, the Fund may not be able to take full advantage of that opportunity due to an allocation of that opportunity across all eligible funds and other accounts. The investment manager seeks to manage such potential conflicts by using procedures intended to provide a fair allocation of buy and sell opportunities among funds and other accounts.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The structure of a portfolio manager&#8217;s compensation may give rise to potential conflicts of interest. A portfolio manager&#8217;s base pay and bonus tend to increase with additional and more complex responsibilities that include increased assets under management.&nbsp; As such, there may be an indirect relationship between a portfolio manager&#8217;s marketing or sales efforts and his or her bonus.&nbsp; </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Finally, the management of personal accounts by a portfolio manager may give rise to potential conflicts of interest.&nbsp; While the funds and the manager have adopted a code of ethics which they believe contains provisions reasonably necessary to prevent a wide range of prohibited activities by portfolio managers and others with respect to their personal trading activities, there can be no assurance that the code of ethics addresses all individual conduct that could result in conflicts of interest.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">The manager and the Fund have adopted certain compliance procedures that are designed to address these, and other, types of conflicts.&nbsp; However, there is no guarantee that such procedures will detect each and every situation where a conflict arises.</FONT></P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">Compensation.</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">&nbsp; The investment manager seeks to maintain a compensation program that is competitively positioned to attract, retain and motivate top-quality investment professionals. Portfolio managers receive a base salary, a cash incentive bonus opportunity, an equity compensation opportunity, and a benefits package. Portfolio manager compensation is reviewed annually and the level of compensation is based on individual performance, the salary range for a portfolio manager&#8217;s level of responsibility and Franklin Templeton guidelines. Portfolio managers are provided no financial incentive to favor one fund or </FONT>


<FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">account over another. Each portfolio manager&#8217;s compensation consists of the following three elements:</FONT></P>

<a name="_bclFooter58"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_59"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader59"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>




<P style="MARGIN-LEFT: 18.75pt; MARGIN-RIGHT: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">Base salary</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">&nbsp; Each portfolio manager is paid a base salary.</FONT></P>

<P style="MARGIN-LEFT: 18.75pt; MARGIN-RIGHT: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">Annual bonus</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">&nbsp; Annual bonuses are structured to align the interests of the portfolio manager with those of the Fund&#8217;s shareholders. Each portfolio manager is eligible to receive an annual bonus. Bonuses generally are split between cash (50% to 65%) and restricted shares of Resources stock (17.5% to 25%) and mutual fund shares (17.5% to 25%). The deferred equity-based compensation is intended to build a vested interest of the portfolio manager in the financial performance of both Resources and mutual funds advised by the investment manager. The bonus plan is intended to provide a competitive level of annual bonus compensation that is tied to the portfolio manager achieving consistently strong investment performance, which aligns the financial incentives of the portfolio manager and Fund shareholders. The Chief Investment Officer of the investment manager and/or other officers of the investment manager, with responsibility for the Fund, have discretion in the granting of annual bonuses to portfolio managers in accordance with Franklin Templeton guidelines. The following factors are generally used in determining bonuses under the plan:</FONT></P>

<UL style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in" type=disc>

<LI style="MARGIN: 7.5pt 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Investment performance.</FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> Primary consideration is given to the historic investment performance of all accounts managed by the portfolio manager over the 1, 3 and 5 preceding years measured against risk benchmarks developed by the fixed income management team. The pre-tax performance of each fund managed is measured relative to a relevant peer group and/or applicable benchmark as appropriate.</FONT>

<LI style="MARGIN: 7.5pt 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Non-investment performance.</FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> The more qualitative contributions of the portfolio manager to the investment manager&#8217;s business and the investment management team, including business knowledge, productivity, customer service, creativity, and contribution to team goals, are evaluated in determining the amount of any bonus award.</FONT>

<LI style="MARGIN: 7.5pt 0in 0pt"><I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Responsibilities.</FONT></I><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> The characteristics and complexity of funds managed by the portfolio manager are factored in the investment manager&#8217;s appraisal.</FONT> </LI></UL>

<P style="MARGIN-LEFT: 18.75pt; MARGIN-RIGHT: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">Additional long-term equity-based compensation</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new"> &nbsp; Portfolio managers may also be awarded restricted shares or units of Resources stock or restricted shares or units of one or more mutual funds. Awards of such deferred equity-based compensation typically vest over time, so as to create incentives to retain key talent.</FONT></P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">Portfolio managers also participate in benefit plans and programs available generally to all employees of the investment manager.</FONT></P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new">Ownership of Fund shares.</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new"> &nbsp; The investment manager has a policy of encouraging portfolio managers to invest in the funds they manage. Exceptions arise when, for example, a fund is closed to new investors or when tax considerations or jurisdictional constraints cause such an investment to be inappropriate for the portfolio manager. The following is the dollar range of Fund shares beneficially owned by the portfolio manager (such amounts may change from time to time):</FONT></P>

<P style="MARGIN-LEFT: 0in; MARGIN-RIGHT: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT>&nbsp;</P>

<a name="_bclFooter59"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_60"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader60"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 303.799pt; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 41.4pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" face="Courier New"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" face="Courier New">Portfolio Manager</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BACKGROUND: #a6a6a6; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" face="Courier New">Dollar Range of Fund Shares Beneficially Owned</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" face="Courier New">Michael Hasenstab</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="courier new">$10,001 - $50,000 </FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 9pt" face="Courier New">Sonal Desai</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="55%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="courier new">None</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; N/A</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Item 10. Submission of Matters to a Vote of Security Holders.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">There have been no changes to the procedures by which shareholders may recommend nominees to the Registrant's Board of Trustees that would require disclosure herein.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Item 11. Controls and Procedures.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(a)</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> </FONT><B><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Evaluation of Disclosure Controls and Procedures</FONT></U></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">.&nbsp; The Registrant maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in the Registrant&#8217;s filings under the Securities Exchange Act of 1934 and the Investment Company Act of 1940 is recorded, processed, summarized and reported within the periods specified in the rules and forms of the Securities and Exchange Commission.&nbsp; Such information is accumulated and communicated to the Registrant&#8217;s management, including its principal executive officer and principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.&nbsp; The Registrant&#8217;s management, including the principal executive officer and the principal financial officer, recognizes that any set of controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Within 90 days prior to the filing date of this Shareholder Report on Form N-CSR, the Registrant had carried out an evaluation, under the supervision and with the participation of the Registrant&#8217;s management, including the Registrant&#8217;s principal executive officer and the Registrant&#8217;s principal financial officer, of the effectiveness of the design and operation of the Registrant&#8217;s disclosure controls and procedures.&nbsp; Based on such evaluation, the Registrant&#8217;s principal executive officer and principal financial officer concluded that the Registrant&#8217;s disclosure controls and procedures are effective.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(b) </FONT></B><B><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Changes in Internal Controls</FONT></U></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">.&nbsp; There have been no changes in the Registrant&#8217;s internal controls or in other factors that could materially affect the internal controls over financial reporting subsequent to the date of their evaluation in connection with the preparation of this Shareholder Report on Form N-CSR.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Item 12. Exhibits.</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(a)(1) </FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Code of Ethics</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(a)(2)</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Laura F. Fergerson, Chief Executive Officer - Finance and Administration, and Mark H. Otani, Chief Financial Officer and Chief Accounting Officer</FONT></P>

<a name="_bclFooter60"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_13"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader61"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">(b)</FONT></B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"> Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Laura F. Fergerson, Chief Executive Officer - Finance and Administration, and Mark H. Otani, Chief Financial Officer and Chief Accounting Officer</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">SIGNATURES</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">TEMPLETON GLOBAL INCOME FUND</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">By </FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">/s/ LAURA F. FERGERSON</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Laura F. Fergerson </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Chief Executive Officer &#8211; </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Finance and Administration</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Date:&nbsp; October 24, 2014</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="courier new"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">By </FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">/s/ LAURA F. FERGERSON</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Laura F. Fergerson </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Chief Executive Officer &#8211; </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Finance and Administration</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Date:&nbsp; October 24, 2014</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">By </FONT><U><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">/s/ MARK H. OTANI</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Mark H. Otani </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Chief Financial Officer and</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">&nbsp;&nbsp; Chief Accounting Officer</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New">Date:&nbsp; October 24, 2014</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 10pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV>

<a name="_bclFooter61"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LAYOUT-GRID-MODE: line; FONT-SIZE: 12pt" lang=EN-US face="Courier New"></FONT>&nbsp;</P></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE ETH
<SEQUENCE>2
<FILENAME>ncsr_code1209amd1212.txt
<TEXT>

                                                               Exhibit 12(a)(1)



CODE OF ETHICS FOR PRINCIPAL EXECUTIVES & SENIOR FINANCIAL OFFICERS
------------------------------------------------------------------------------

PROCEDURES   Revised December 18, 2009
-------------------------------------------------------------------------------

                            FRANKLIN TEMPLETON FUNDS
                   CODE OF ETHICS FOR PRINCIPAL EXECUTIVE AND
                            SENIOR FINANCIAL OFFICERS

I.  Covered Officers and Purpose of the Code

     This  code of  ethics  (the  "Code")  applies  to the  Principal  Executive
Officers,  Principal  Financial  Officer and Principal  Accounting  Officer (the
"Covered  Officers,"  each of whom is set forth in Exhibit A) of each investment
company advised by a Franklin  Resources  subsidiary and that is registered with
the United States Securities & Exchange  Commission ("SEC")  (collectively,  "FT
Funds") for the purpose of promoting:

     o Honest and ethical conduct, including the ethical resolution of actual or
       apparent conflicts of  interest between personal and  professional
       relationships;

     o Full, fair, accurate, timely and understandable disclosure in reports and
       documents that a registrant files with, or submits to, the SEC and in
       other public communications made by or on behalf of the FT Funds;

     o Compliance with applicable laws and governmental rules and regulations;

     o The prompt internal reporting of violations of the Code to an appropriate
       person or persons identified in the Code; and

     o Accountability for adherence to the Code.

     Each  Covered  Officer  will be  expected  to adhere to a high  standard of
business ethics and must be sensitive to situations that may give rise to actual
as well as apparent conflicts of interest.

II.  Other Policies and Procedures

     This  Code  shall be the sole  code of  ethics  adopted  by the  Funds  for
purposes  of  Section  406 of the  Sarbanes-Oxley  Act and the  rules  and forms
applicable to registered investment companies thereunder.

     Franklin  Resources,  Inc.  has  separately  adopted the CODE OF ETHICS AND
BUSINESS  CONDUCT  ("Business  Conduct"),  which is  applicable to all officers,
directors and employees of Franklin Resources, Inc., including Covered Officers.
It  summarizes  the values,  principles  and business  practices  that guide the
employee's business conduct and also provides a set of basic principles to guide
officers,  directors and employees  regarding the minimum  ethical  requirements
expected of them. It supplements  the values,  principles  and business  conduct
identified in the Code and other existing employee policies.

     Additionally, the Franklin Templeton Funds have separately adopted the CODE
OF ETHICS AND POLICY STATEMENT ON INSIDER TRADING governing personal  securities
trading and other related  matters.  The Code for Insider  Trading  provides for
separate  requirements  that  apply to the  Covered  Officers  and  others,  and
therefore is not part of this Code.

     Insofar as other  policies or procedures of Franklin  Resources,  Inc., the
Funds, the Funds' adviser,  principal  underwriter,  or other service  providers
govern or purport to govern the behavior or activities  of the Covered  Officers
who are  subject to this Code,  they are  superceded  by this Code to the extent
that they overlap or conflict with the  provisions  of this Code.  Please review
these other  documents or consult with the Legal  Department  if have  questions
regarding the applicability of these policies to you.

III. Covered Officers Should Handle Ethically Actual and Apparent Conflicts of
Interest

     OVERVIEW.  A "conflict of interest" occurs when a Covered Officer's private
interest  interferes  with the  interests  of, or his or her  service to, the FT
Funds. For example, a conflict of interest would arise if a Covered Officer,  or
a member of his  family,  receives  improper  personal  benefits  as a result of
apposition with the FT Funds.

     Certain  conflicts  of  interest  arise  out of the  relationships  between
Covered  Officers  and the FT Funds and  already  are  subject  to  conflict  of
interest  provisions in the Investment Company Act of 1940 ("Investment  Company
Act") and the Investment  Advisers Act of 1940 ("Investment  Advisers Act"). For
example,  Covered Officers may not individually  engage in certain  transactions
(such as the purchase or sale of securities or other property) with the FT Funds
because of their status as "affiliated  persons" of the FT Funds.  The FT Funds'
and the investment  advisers' compliance programs and procedures are designed to
prevent, or identify and correct, violations of these provisions. This Code does
not, and is not intended to,  repeat or replace these  programs and  procedures,
and such conflicts fall outside of the parameters of this Code.

     Although  typically not  presenting an  opportunity  for improper  personal
benefit,  conflicts arise from, or as a result of, the contractual  relationship
between the FT Funds,  the  investment  advisers and the fund  administrator  of
which the Covered  Officers are also  officers or employees.  As a result,  this
Code  recognizes  that the Covered  Officers will, in the normal course of their
duties (whether formally for the FT Funds, for the adviser,  the  administrator,
or for all  three),  be  involved  in  establishing  policies  and  implementing
decisions that will have different effects on the adviser, administrator and the
FT Funds.  The  participation  of the  Covered  Officers in such  activities  is
inherent in the contractual  relationship between the FT Funds, the adviser, and
the administrator and is consistent with the performance by the Covered Officers
of their duties as officers of the FT Funds.  Thus,  if performed in  conformity
with the  provisions of the Investment  Company Act and the Investment  Advisers
Act, such activities will be deemed to have been handled ethically. In addition,
it is  recognized  by the FT Funds'  Boards  of  Directors  ("Boards")  that the
Covered  Officers  may  also be  officers  or  employees  of one or  more  other
investment companies covered by this or other codes.

     Other conflicts of interest are covered by the Code, even if such conflicts
of interest are not subject to provisions in the Investment  Company Act and the
Investment  Advisers Act. The following  list provides  examples of conflicts of
interest  under the Code,  but Covered  Officers  should keep in mind that these
examples  are not  exhaustive.  The  overarching  principle is that the personal
interest  of a Covered  Officer  should  not be  placed  improperly  before  the
interest of the FT Funds.

Each Covered Officer must:

     o Not use his or her personal influence  or  personal  relationships
       improperly to influence investment decisions orfinancial reporting by
       the FT Funds whereby the Covered Officer would benefit personally to the
       detriment of the FT Funds;

     o Not cause the FT Funds to take action, or fail to take  action, for the
       individual personal benefit of the Covered Officer rather than the
       benefit the FT Funds;

     o Not retaliate against any other Covered Officer or any employee of the FT
       Funds or their affiliated persons for reports of potential  violations
       that are made in good faith;

     o Report  at  least   annually  the  following  affiliations  or other
       relationships:/1

          o all directorships for public companies and all companies that are
            required to file reports with the SEC;
          o any direct or indirect  business relationship  with any independent
            directors of the FT Funds;
          o any direct or indirect  business relationship with any independent
            public  accounting  firm (which are not related to the routine
            issues related to the firm's service as the Covered Persons
            accountant); and
          o any direct or indirect interest in any transaction with any FT Fund
            that will benefit the officer (not including benefits derived from
            the advisory, sub-advisory, distribution or service agreements with
            affiliates of Franklin Resources).

     These reports will be reviewed by the Legal  Department for compliance with
the Code.

     There are some  conflict  of  interest  situations  that  should  always be
approved  in writing by Franklin  Resources  General  Counsel or Deputy  General
Counsel, if material. Examples of these include/2:

     o Service as a director on the board of any public or private Company;

     o The  receipt  of any gifts in excess  of $100 from any  person,  from any
       corporation or association

     o The receipt of any entertainment from any Company with which the FT Funds
       has current or prospective  business dealings unless such entertainment
       is business related, reasonable in cost, appropriate as to time and
       place, and not so frequent as to raise any question of  impropriety.
       Notwithstanding the foregoing, the Covered Officers must obtain prior
       approval from the Franklin Resources General Counsel for any
       entertainment  with a value in excess of $1000.

     o Any ownership  interest in, or any consulting or employment relationship
       with, any of the FT Fund's service providers, other than an investment
       adviser, principal underwriter, administrator or any affiliated person
       thereof;

     o A direct or  indirect  financial  interest  in  commissions,  transaction
       charges or spreads paid by the FT Funds for   effecting   portfolio
       transactions or for selling or redeeming shares  other than an interest
       arising from the Covered Officer's employment, such as compensation  or
       equity ownership.

     Franklin Resources General Counsel or Deputy General Counsel will provide a
report to the FT Funds  Audit  Committee  of any  approvals  granted at the next
regularly scheduled meeting.

IV. Disclosure and Compliance

     o Each Covered  Officer  should  familiarize  himself  with the  disclosure
       requirements generally applicable to the FT Funds;

     o Each Covered Officer should not knowingly misrepresent, or cause others
       to  misrepresent, facts about the FT Funds to others, whether within or
       outside the FT Funds, including to the FT Funds' directors and auditors,
       and to governmental regulators and self-regulatory organizations;

     o Each Covered Officer should, to the extent appropriate within his or her
       area of responsibility, consult with other officers and employees of the
       FT Funds, the FT Fund's adviser and the administrator with the goal of
       promoting full, fair, accurate, timely and understandable disclosure in
       the reports and documents the FT Funds file with, or submit to, the SEC
       and in other public communications made by the FT Funds; and

     o It is the  responsibility  of each Covered Officer to promote compliance
       with the standards and restrictions imposed by applicable laws, rules and
       regulations.

V. Reporting and Accountability

Each Covered Officer must:

     o Upon becoming a covered officer affirm in writing to the Board that he or
       she has received, read, and understands the Code (see Exhibit B);

     o Annually  thereafter  affirm to the Board that he has  complied  with the
       requirements of the Code; and

     o Notify  Franklin  Resources'  General  Counsel or Deputy General Counsel
       promptly if he or she knows of any violation of this Code. Failure to do
       so is itself is a violation of this Code.

     Franklin Resources' General Counsel and Deputy General Counsel  are
responsible for applying this Code to specific situations in which questions are
presented under  it and have  the  authority  to  interpret  this  Code in any
particular  situation./3 However, the Independent Directors of the respective FT
Funds will consider any  approvals or waivers/4  sought by any Chief  Executive
Officers of the Funds.

     The FT Funds will follow these  procedures in  investigating  and enforcing
this Code:

     o Franklin  Resources General Counsel or Deputy General Counsel will take
       all appropriate action to investigate any potential  violations reported
       to the Legal Department;

     o If,  after such  investigation,  the  General Counsel or Deputy General
       Counsel believes that no violation has occurred, The General Counsel is
       not required to take any further action;

     o Any matter that the General Counsel or Deputy General Counsel believes is
       a  violation  will  be  reported  to  the  Independent   Directors  of
       the appropriate FT Fund;

     o If the Independent Directors concur that a violation has occurred, it
       will inform and make a recommendation to the Board of the appropriate
       FT Fund or Funds, which will consider appropriate action, which may
       include review of, and appropriate modifications to, applicable policies
       and procedures; notification to appropriate personnel of the investment
       adviser or its board; or a recommendation to dismiss the Covered Officer;

     o The Independent Directors will be responsible for granting  waivers, as
       appropriate; and

     o Any changes to or waivers of this Code will, to the extent required, are
       disclosed as provided by SEC rules./5

VI. Other Policies and Procedures

     This Code shall be the sole code of ethics adopted by the FT Funds for
purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms
applicable to registered investment companies thereunder. Insofar as other
policies or procedures of the FT Funds, the FT Funds' advisers, principal
underwriter, or other service providers govern or purport to govern the behavior
or activities of the Covered Officers who are subject to this Code, they are
superseded by this Code to the extent that they overlap or conflict with the
provisions of this Code. The FT Code of Ethics and Policy Statement On Insider
Trading, adopted by the FT Funds, FT investment advisers and FT Fund's principal
underwriter pursuant to Rule 17j-1 under the Investment Company Act, the Code of
Ethics and Business Conduct and more detailed policies and procedures set forth
in FT's Employee Handbook are separate requirements applying to the Covered
Officers and others, and are not part of this Code.

VII. Amendments

     Any  amendments to this Code,  other than  amendments to Exhibit A, must be
approved  or  ratified  by a majority  vote of the FT Funds'  Board  including a
majority of independent directors.

VIII. Confidentiality

     All reports and records  prepared or maintained  pursuant to this Code will
be considered  confidential  and shall be maintained and protected  accordingly.
Except as  otherwise  required by law or this Code,  such  matters  shall not be
disclosed to anyone other than the FT Funds' Board and their counsel.

IX. Internal Use

     The Code is intended  solely for the  internal use by the FT Funds and does
not  constitute an admission,  by or on behalf of any FT Funds,  as to any fact,
circumstance, or legal conclusion.

X. Disclosure on Form N-CSR

     Item 2 of Form N-CSR requires a registered management investment company to
disclose annually whether, as of the end of the period covered by the report, it
has  adopted  a code  of  ethics  that  applies  to the  registrant's  principal
executive officer,  principal financial officer, principal accounting officer or
controller, or persons performing similar functions, regardless of whether these
officers are employed by the registrant or a third party.  If the registrant has
not adopted such a code of ethics, it must explain why it has not done so.

     The  registrant  must also:  (1) file with the SEC a copy of the code as an
exhibit  to its  annual  report;  (2) post the text of the code on its  Internet
website and  disclose,  in its most recent  report on Form N-CSR,  its  Internet
address and the fact that it has posted the code on its Internet website; or (3)
undertake  in its most  recent  report on Form  N-CSR to  provide  to any person
without charge, upon request, a copy of the code and explain the manner in which
such  request may be made.  Disclosure  is also  required of  amendments  to, or
waivers  (including  implicit  waivers)  from,  a  provision  of the code in the
registrant's  annual report on Form N-CSR or on its website.  If the  registrant
intends to satisfy the requirement to disclose amendments and waivers by posting
such  information  on its website,  it will be required to disclose its Internet
address and this intention.

     The Legal Department shall be responsible for ensuring that:

     o a copy of the Code is filed  with the SEC as an exhibit to each Fund's
       annual report; and

     o any  amendments to, or waivers (including implicit waivers) from, a
       provision  of the Code is disclosed in the  registrant's annual report
       on Form N-CSR.

     In the event that the  foregoing  disclosure is omitted or is determined to
be incorrect, the Legal Department shall promptly file such information with the
SEC as an amendment to Form N-CSR.

     In such an event, the Fund Chief  Compliance  Officer shall review the Code
and propose such changes to the Code as are necessary or  appropriate to prevent
reoccurrences.



EXHIBIT A

                 Persons Covered by the Franklin Templeton Funds
                                 Code of Ethics
                                  December 2012

FRANKLIN GROUP OF FUNDS

Edward B. Jamieson        President and Chief Executive Officer - Investment
                          Management
Charles B. Johnson        President and Chief Executive Officer - Investment
                          Management
Rupert H. Johnson, Jr.    President and Chief Executive Officer - Investment
                          Management
William J. Lippman        President and Chief Executive Officer - Investment
                          Management
Christopher Molumphy      President and Chief Executive Officer - Investment
                          Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Gaston R. Gardey          Chief Financial Officer and Chief Accounting Officer


FRANKLIN MUTUAL SERIES FUNDS

Peter Langerman           Chief Executive Officer-Investment Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Robert G. Kubilis         Chief Financial Officer and Chief Accounting Officer


TEMPLETON GROUP OF FUNDS

Mark Mobius               President and Chief Executive Officer - Investment
                          Management
Christopher J. Molumphy   President and Chief Executive Officer - Investment
                          Management
Norman Boersma            President and Chief Executive Officer - Investment
                          Management
Donald F. Reed            President and Chief Executive Officer - Investment
                          Management
Laura Fergerson           Chief Executive Officer - Finance and Administration
Mark H. Otani             Chief Financial Officer and Chief Accounting Officer





                                    EXHIBIT B

                               ACKNOWLEDGMENT FORM
                                    DECEMBER

                    FRANKLIN TEMPLETON FUNDS CODE OF ETHICS
             FOR PRINCIPAL EXECUTIVE AND SENIOR FINANCIAL OFFICERS

INSTRUCTIONS:
1. Complete all sections of this form.
2. Print the completed form, sign, and date.
3. Submit completed form to FT's General Counsel c/o Code of Ethics
   Administration within 10 days of becoming a Covered Officer and by February
   15th of each subsequent year.

INTER-OFFICE MAIL: Code of Ethics Administration, Global Compliance  SM-920/2
Fax: 		   (650) 312-5646
E-MAIL:            Preclear-Code of Ethics (internal address);
                   lpreclear@frk.com (external address)

------------------------------------------------------------------------------
COVERED OFFICER'S NAME:
------------------------------------------------------------------------------
TITLE:
------------------------------------------------------------------------------
DEPARTMENT:
------------------------------------------------------------------------------
LOCATION:
------------------------------------------------------------------------------
CERTIFICATION FOR YEAR ENDING:
------------------------------------------------------------------------------

TO: Franklin Resources General Counsel, Legal Department

I acknowledge receiving, reading and understanding the Franklin Templeton Fund's
Code of Ethics for Principal Executive Officers and Senior Financial Officers
(the "Code"). I will comply fully with all provisions of the Code to the extent
they apply to me during the period of my employment. I further understand and
acknowledge that any violation of the Code may subject me to disciplinary
action, including termination of employment.




       ----------------------------       ----------------------
                Signature                     Date signed






-----------------------------

1. Reporting of these affiliations or other relationships shall be made by
completing the annual Directors and Officers Questionnaire and returning the
questionnaire to Franklin Resources Inc, General Counsel or Deputy General
Counsel.

2. Any activity or relationship that would present a conflict for a Covered
Officer may also present a conflict for the Covered Officer if a member of the
Covered Officer's immediate family engages in such an activity or has such a
relationship. The Cover Person should also obtain written approval by FT's
General Counsel in such situations.

3. Franklin Resources General Counsel and Deputy General Counsel are authorized
to consult, as appropriate, with members of the Audit Committee, counsel to the
FT Funds and counsel to the Independent Directors, and are encouraged to do so.

4. Item 2 of Form N-CSR defines "waiver" as "the approval by the registrant of
a material departure from a provision of the code of ethics" and "implicit
waiver," which must also be disclosed, as "the registrant's failure to take
action within a reasonable period of time regarding a material departure from
a provision of the code of ethics that has been made known to an executive
officer" of the registrant. See Part X.

5. See Part X.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>3
<FILENAME>gim-302certs.htm
<DESCRIPTION>302 CERTS
<TEXT>

<HTML>
<HEAD>
   <TITLE>gim-302certs.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader1"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Exhibit
12 (a) (2)</font></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Laura F. Fergerson, certify
that:</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1. I have reviewed this report on
Form N-CSR of </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.
Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report; </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">3. Based on my
knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">4.
The registrant's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c)
under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of
1940) for the registrant and have:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a) Designed such
disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this report is being prepared;</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b) Designed such internal control over financial reporting, or caused
such internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(c) Evaluated the effectiveness of the registrant's disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation; and</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(d) Disclosed in this report any change in the registrant&#8217;s internal
control over financial reporting that occurred during the second fiscal quarter
of the period covered by this report that has materially affected, or is reasonably
likely to materially affect, the registrant&#8217;s internal control over financial
reporting; and&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">5.
The registrant's other certifying officer(s) and I have disclosed to the
registrant's auditors and the audit committee of the registrant's board of
directors (or persons performing the equivalent functions):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a)
All significant deficiencies and material weaknesses in the design or operation
of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize, and
report financial information; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b)
Any fraud, whether or not material, that involves management or other employees
who have a significant role in the registrant's internal control over financial
reporting.</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" style="line-height:50%;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">10/24/2014</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="line-height:50%;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="line-height:50%;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="line-height:50%;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">S\LAURA F. FERGERSON</font></p>

<p style="line-height:12.0pt;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Laura F. Fergerson</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Executive Officer - Finance and Administration </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></p>









<a name="_bclFooter1"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader2"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Mark H. Otani, certify that:</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1. I have reviewed this report on
Form N-CSR of </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.
Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report; </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">3. Based on my
knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash flows (if the
financial statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">4.
The registrant's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c)
under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of
1940) for the registrant and have:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a) Designed such
disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this report is being prepared;</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b) Designed such internal control over financial reporting, or caused
such internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(c) Evaluated the effectiveness of the registrant's disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation; and</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(d) Disclosed in this report any change in the registrant&#8217;s internal
control over financial reporting that occurred during the second fiscal quarter
of the period covered by this report that has materially affected, or is reasonably
likely to materially affect, the registrant&#8217;s internal control over financial
reporting; and&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">5.
The registrant's other certifying officer(s) and I have disclosed to the
registrant's auditors and the audit committee of the registrant's board of
directors (or persons performing the equivalent functions):</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(a)
All significant deficiencies and material weaknesses in the design or operation
of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize, and
report financial information; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-top:6.0pt;text-align:justify;text-indent:.25in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">(b)
Any fraud, whether or not material, that involves management or other employees
who have a significant role in the registrant's internal control over financial
reporting.</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="times new roman" style="line-height:50%;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">10/24/2014</font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="line-height:50%;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="line-height:50%;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="line-height:50%;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="line-height:50%;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">S\MARK H. OTANI</font></p>

<p style="line-height:12.0pt;margin:0in;margin-bottom:.0001pt;text-align:justify;"><b><font color=black face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Mark H. Otani</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Financial Officer and Chief Accounting Officer </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>



</div>
<a name="_bclFooter2"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>4
<FILENAME>gim-906certs.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>gim-906certs.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader1"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;font-weight:normal;">Exhibit 12 (b)</font></p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;font-weight:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">AS ADOPTED
PURSUANT TO SECTION 906</font></b></p>

<h1 style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;">OF THE SARBANES-OXLEY ACT OF 2002</font></b></h1>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Laura F. Fergerson, Chief Executive Officer of the </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton
Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> (the &#8220;Registrant&#8221;), certify, pursuant to 18 U.S.C.
Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that, to my knowledge:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The periodic report on Form N-CSR of the Registrant for the period ended
8/31/2014 (the &#8220;Form N-CSR&#8221;) fully complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The information contained in the Form N-CSR fairly presents, in all
material respects, the financial condition and results of operations of the
Registrant.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Dated:&#160; 10/24/2014</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; S\LAURA F.
FERGERSON</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Laura F.
Fergerson </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:2.0in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Executive Officer - Finance
and Administration</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:2.0in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></p>









<a name="_bclFooter1"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="WIDTH: 100%; PADDING-RIGHT: 0%; PADDING-LEFT: 0%">

<a name="_bclHeader2"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">CERTIFICATION PURSUANT TO 18 U.S.C.
SECTION 1350</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">AS ADOPTED
PURSUANT TO SECTION 906</font></b></p>

<h1 style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" style="font-size:12.0pt;">OF THE SARBANES-OXLEY ACT OF 2002</font></b></h1>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">I, Mark H. Otani, Chief Financial Officer of the </font><b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Templeton
Global Income Fund</font></b><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;"> (the &#8220;Registrant&#8221;), certify, pursuant to 18 U.S.C.
Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, that, to my knowledge:</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">1.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The periodic report on Form N-CSR of the Registrant for the period ended
8/31/2014 (the &#8220;Form N-CSR&#8221;) fully complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934; and</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:.75in;text-indent:-.5in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">2.</font><font face="times new roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">The information contained in the Form N-CSR fairly presents, in all
material respects, the financial condition and results of operations of the
Registrant.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Dated:&#160; 10/24/2014</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; S\MARK H.
OTANI</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Mark H.
Otani </font></p>

<p style="margin:0in;margin-bottom:.0001pt;margin-left:2.0in;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">Chief Financial Officer and Chief
Accounting Officer</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>



</div>
<a name="_bclFooter2"></a><DIV>


<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tlgim_a1014x1x1.jpg
<TEXT>
begin 644 tlgim_a1014x1x1.jpg
M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP.
M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@`
M9`#+`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D*
M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(!
M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P#
M`0`"$0,1`#\`]`HHHH`****`"BBB@`HHHH`***H:E??9QY,)'G,,Y/1!ZG_/
M^%`$US>Q6YV$EI#_``+R?Q]*H?;+ZZC4VR!=QX*@,`/<G`/X5)8Z>"OFW(+$
M\['[^[>I]N@^O-,GU5WNEM=/C61_XG8G:H]?>@!_V?5,9^U+G_/;%1F[U"U1
MC<*&"\EG4`$>Q'`_'%3>3>D[FOG^BQJ!^H-)]LDML"X99(^[`88?AWH`GM=0
MBN&$;`Q2GHK?Q<9X/>KE95[IZ2QB2V7WVIP#WROH?Y_K2Z7J!D?[-<-^]QE&
MQC>/\1_CZ&@#4HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M".:5887D;)"C.!U/L*Q]+C^U7;7,RDL?GYZ>@Q^I^FWTJ3Q)-(EDL4+8D<Y'
MX<#_`,>*U<TU/+M?;<<?0<#]`*`*_B"X:#2W"$!Y"$7/YG]`:SO#15_M$[`;
MR0I'<`<?SS5#Q'JD5W<K&K-Y,.<.O=O7]/UJWX2B58+G!W!F&.>AZX_44`=#
M-(J1_,P&>@S63?X:$MN"YZ9-,N].EN9LW$2.I.5ZD@_R_/-0ZY:K&;*-%!C)
M9-K?=X`_PH`T/#<QDL&0N'\MR`0<\=?\:AUJW$3BXCD\EL[]V,X(QD_ES]%/
MK3/"T8C-XJKL`9<+Z=:U[]$:V)D4,JD$@^F>?TS0`MC<B\M(YP,%LAE_NL#@
MC\"#5BL+PY.Q:XMVZ)@@^I!*-_Z"#^-;M`!1110`4444`%%%%`!1110`4444
M`%%%%`!1110`444UG"<MG'TH`Y_Q#)C4K)#]T/'^L@S_`"%:#2!=!E<L%Q"_
M)['FL?Q0LTV^YMUWK`%7*G.&!#?UJ2^DW:++&IRIE#]?X'&X'\"?TH`RKB[M
MVTF/RD#$$*H/?Z_C70Z);-;6B(V`Q.XXXY.:Y=[6TDB%QY_E1MAI(>N#CH*V
M_#[-';*K%@757&\Y)XZ_0C'ZTP-^5L*2"`Q'4]JYW6IY]UO$PC*>9NW(2<?7
M]:VOW<XVL%8J>5-8VLPLLNX8"\8`[4@&Z#=E-=:`XVS0\?4$D?IFNAU,XTVX
M_P"N9KBM,<2:W!/&29%E"*OJO0G]2:['5)56*.)C@2.,GT4?,WZ"@#'T)O\`
MB<S@=/,N%_\`'T/^-=-7)^'R\;QWLJ[(YI)`"W!)=E(Q[8!KJ5E5GVC.<$]/
M3_\`70`^BBB@`HHHH`****`"BBB@`HHHH`****`"BD)"@DD`#J34#7MNO\>?
M<*2*`+%4]1D$2QF0@1,=A)[$]#^?'XU'=7J&/=!(=ZG.TJPW#TSCBL:]NXYB
M!(\W!&Y)(-V/I\N#^=`%^+[66N5(!8JK1OP<L"1R/P'M6?JT*W%D'A0QJP^=
M/0`Y((]`W\_2E6\C@`:!W,8&#%.K*Q]PQX!^G%3I<07"AHYB",_),,,,^A/4
M>HYS3`X^:2**)S%!(">%+<8KK/#US#>:=%:R'#QC,3^H]/P]*RM1T];B.4QX
M1E7=)'G[GNOJ..G45C:;=O;RNF\C!YP?N_[0I`=?J;S6W$F0O\,BG'ZUS=[?
M2N'\VX!'W1CM_D5I?V_*D0AO"S`C`F0`D_[PZ5!%`;MS<[T^S*I4[CSDX'"C
MI^-,";P3"8[^60)NC$1!E[#D$#/KUK?>X2XEEN)%W6\:[5&,[QD9/T)P/P-8
M6F126D'E/,PBG.](`<!_J>PY&>Y[5J/-#;Y9Y@`<?+",N0.G3.T>@XI`69%N
M-MN0N)!N=F)^Z3@<>O!(%3Z:Z3W$K1G*0#RMV<Y;@M_[+62;U)P6F9Q'@@11
M*S/]2P[_`%I+.YCAD/EO.%+<)';[21[_`"X_6@#J:*PK@F]T^1)YFC>3&$VL
MP4#U..O?/8@=<<V]+:*SL8K=IB[+G+;&`Z^]`&E135974,C!E/0@Y%.H`***
M*`"BBB@#.37-,<92[0C=MR`<`^F<4Z;6-/@G>&6Y5)$&64@Y`]>G3WKG]"2]
MD@OX[>&"2!M482AS\VW<N[`QCI[TNK7%S:>*KN:TMUGD7322I;&!O&3TY^E`
M'50317$*S02+)&XRK*<@TV*YAFEEBCD5GA(611_"2,UC>'I+73?"4=Q',98D
MC:5CT.>I7'UXK-T@W&F>)8Q=PRPC4XLN9&4@S#DXP3QS@9QUH`Z;[;93736+
M2QM.!DPMU(^AZU`9-)%V;0QP>>`6\ORN<#OTK-US2WU'56>UE,-[;VZ20.#C
MG<V0?8T[P_J1U34II)H3%=00+%,A'W6#-G%`%Q+S1)(99D^S&.'_`%C>7PO;
MGBEDNM%BMDN)!;K#(<*YBX/Z5REI=/:R3&\C#Z0VIRB;'4/QMW#NO0X]OH*W
M_&;*V@*RD%3-&00>",T`:KQ6"6QN&@A$07<6,0X'Y55^VZ)]E^U9MO(SM\SR
M_ES]<5?N)(]KQ%U\PQLP7/)`X)_45S6DA3\.@'QM,4@Y_P!]J`-R=M*M[9;F
M9+=8&`(D\L$8/OBG^7I_V3[5Y,'D[/,W>6/NXSGI7+WIF\/0W&E3AI=.N5;[
M+(>?+;KL/^?ZX[*6-)HGBD4,CJ593W!ZB@#*&H:$<`&WR5W@>3SM]<8Z4YKS
M1$2!F^SJ+A0T68OO@],<55<`>/(0!@#3N`/]\U%X@C\C4]!CM5C3;,P16^Z.
M!0!I+-I#P2SJEN8XCB1O*^Z??BI[>/3[JW6>"*WDB895U08-4+AY8='U8WGD
M"Z\J1R(^Z[2%)[]L<^E9-DLUA=W7AH;MD[AX7'\,3<OS]`0/<T`;L=SHTMK)
M=1BW:"/[T@CR!^E%O<Z+=2I%";5GD&478!N'MD<UD>'P!X+O1@!0)_Y&H]'T
MZZU"VT.9DCAM[(;P^[+2'T`QP.*`-V"72;BZ:VA2W>9/O((N5^O%)<S:1:3K
M#<+;QR/]U3%RWTXYJEI?_(XZY_NP_P#H`J'793+KOA^2T>-BQF*,QRI^5?2@
M#535-,AMA)',BP^;Y7R(?OXSC`'7%`US32P472D^8(_NGAB<8Z=>:-/B+[Q>
MI`;M)C,1'VSE5;_OD8YK-\-Q1S2:TDJ!U_M&0X/J""/U%`&O<ZG9VLIBEF_>
M*NYE52Q4>I`!Q2MJ=DMD+PW,9MCTD!R/TK&\&L734S/_`,??VQO.SUZ#'X=:
MH6H*1^+$CP+4*^T#H'VMG'Z?I0!U4E_:Q68NWF7[.0")!R,'OQ4L$T=Q"DT+
M!XW&58=Q7&ZCYOAJWO;%MTFEWD4@MVZ^2Y4_+]/_`-?K7:@```#`'0"@"GI^
ME6>F^9]CC>,2'<P,KL"?7!)Y]Z0:39C4#?[)/M)XW^<_3TQG&/;I5ZB@#+_X
M1_3!#)"MNR12.':-)G52PZ'`./\`]0]*FO-(LKXP-<QR.T'^K/G."I]>#U]^
MM7J*`*7]G6<%Z^HD.DVW#R-,V-H'<9QC_P#73$DTOSKB[CGMP\BJLTBR@<=L
MD'CZU?(R,'D5RWAV*-O#NIJT:E3/-D$<=*`-2/2]'MK*?`46MR,R&2=F1\]\
MDXS[]:KMI_AZ2TBLVFC:W!RD7VQL9/MNY_\`UUCQ32>'[8V-X3+IEY"3!(W/
MEL5Y4^V?\?6KFN68M]#T[4;6)1)I_ER8`ZIQD?Y]Z`-0V6D6\LT;S;9I4V/O
MNW+E>N,EL@?2H%LO#YL1IZSQ&V+;A$+QL9_[Z]^GK4^G>3J.H3:F@5XPBPP-
MCJ.K'\SC_@-86BQ/+#J$`T^.>W?46620M@H,KG`Z\=<YXH`Z._CTQ;1+34)(
MA$2-@GFY)'3!)R3^-3RW]G"X26[@C8J'`:0#(/0_3BL#5_M>GZK<:K#!'?V;
MQ"*XBS\T8`SQ[8.?Q_&K-Q#8S>&KB]M8SM;3C'&7Y*HJM@<]^30!/Y.BSZE]
MM6Y1[I%W;UNV^50?0-@+D].G-37&G:;J[QW,A,YB/R/'<,`I]MIP#[U!X>M(
M#I.G7.P"46H3<.ZG!(/KT%8&BWDFAEK?!9;^W2XM%/0RL`-OXDC\!0!T#Z=H
MLD=U!)('W8:X#73EOEZ;B6S@9^E2Q'2"ZK'=0M*8S`K?:<R;2>@;.[K[YK,\
M(VX@GU>%CYA6YVLS=6XY)^M4?#*2/IT$9L(WMA>%FG+<IM.0<=L$#G-`&]:Z
M7I"V]S86QS&Y_?1)<N<=CGYLCT/KWJ6S;3--@>VM[B-$BRS(TY8H!UZDD`8Z
M5C:O8W(UJYU+2SB[M8XV,0'$RG=N!]3P/R^E2:1-9>(+O4)A$-LUM%'(,892
M2^X9_`?I0!.;+PZ999OM2!YA^\87[@N/?Y^14MW8:%BTDN94C$:`6Q-TR`#`
MQM^8>W(JJEO"WCB6(Q)Y9T[&S:,??':H-1@N=&OGOK6W2^L4MUMYH2V7B50/
MTQ@GZ\^M`'06MA:VZ2F`/^_P7<S,[-Q@'<23T]Z98Z39Z?+)):I(C2DE\S.P
M8GN021GWZT_2Y8)M,M7M`P@,2B,-U``P`:MT`49])LYKHW.QXYV&&>&1HRP]
M#M(S0^CV#V'V$V^VV)R41F7<?<@Y/XU>HH`JRZ=:SV'V*:,RV^,;7=F/YDY_
M6K5%%`!1110`4444`-=2R,H8J2,!AC(]^:S+?08+>QN+.*YNA%<$L_SC.3UP
M<=Z**`)I=)MY]*_LZX9YH=NT,Y&X8Z'..HJPUK&]D;1P6B,?ED'N,8HHH`;9
MV4=EI\=G;LR)&FU6XW?7IC/?I6?%X<@AAN(8[R\6.X8M*`Z_,3U_AHHH`FFT
M:*229H[FX@6=`DL<97:X`QW!(XXXQ4\^FP2Z9_9Z%X;?9Y>(R`=N,8R0:**`
M&P::D&F?8$N)_*V[%;<-ZKZ`XID&C6T/V/<9)6LLB%I""5!&,<#FBB@!+/1H
M[*2ZDANKG?<DM(25/S?WA\O!JO!X;MH+,VD=U=BV8Y:/>,'U[9HHH`NPZ<L.
MH37BW$Y>8`.C,"N!G``QQC)I;33+:RO+JYMU*/=%3(O\.1GD#WSS110!$ND1
MKJQU(7%QY[+L(RNW9G.W&.GZT7.D)///*MU<PBX4+*D;+M<`8[@D<<9&***`
=+EO!%:V\<$"!(XU"JH["I:**`"BBB@`HHHH`_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>tlgim_a1014x1x2.jpg
<TEXT>
begin 644 tlgim_a1014x1x2.jpg
M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP.
M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@"
M/P,7`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D*
M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(!
M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P#
M`0`"$0,1`#\`]`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"DI:*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`***2@!:*2@D"@!:2FF0>M1M.!WIV"Y-155KD#O3#=KZT^5D
M\R+N:,U0^U@GK3A<9HY&',B[15+[0:>MQ1RL.9%JBHEF!IX<&IL4/HI,T4`+
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%)TH`*0L!U-1R3!1UJC/
M>JH/-4HMB;2+KSA>]59;Q1WK(N=2'.":SY;YG.,FNB%!LYIUU$W);]?6JSWV
M3Q6?"CS<Y/YUI0V.>2!5N,8F:G*6Q%]H=J%=W-7#9\8P*6*T*GFES1"TA(8F
M/6K2Q8%2HF`.*DVUA*H;Q@5C'0(C5G;2[:GG*Y"``BG;B!4FRD,='-<JS!9*
ME64&H"I'%-Y!I:!=ET$&EJJLA%3)(&%*Q5R2BDI:0PHHHH`****`"BBB@`HH
MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BDHH`6BDI"P'>@!U%,\Q:3S10!)14?F
MBCS5IV`DHI@D6E#`]Z0#J*3-%`"T444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4E%(S!1DT`!8`<U5N+E5!YIES=!0>
M17/ZAJ(&X!JUA3<C.=111:O-1`X#5BW%^7/WJI37#N>M0@$GFN^%)(\^IB+[
M%AIRW>A&.ZHPM3P1-)(``>M:V21QN3DS8TT%OSKH8DPHK+L+9HP.*V(A7GUI
M7>AZM&+2U#9FCR^:F"T[%<]V=/*1!>*<%I^*,4AV&;:7%.HI#&XI#3C3:!"8
M%,9,U)UZ4F*8$#*12*Q!JP1FHV2G<5B1)/6I0<U4'!J9'H&344@/%+2&%%%%
M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`44E%`"TE(6`[U7GNEC!.132N!8+`=:KRW
M:1]ZR[G557/SBLF?4#*X`:M8TF]S.51(Z+[8&Z&E\UCTJC8@,`35PNBGK0U9
MV!.X_+&CYO6D$B]S399E4=14ZC'9/K369O6J$]^J'EJ@_M6/^^*T4&3S(UE=
MJ=YK#K69!J4<C8#BM&-TD7@BI<6MQIW'BZ([U(EXIZFH7A!%5)H67)&:2287
M:-A9T;H14@(-<\DTL3<]*NPWW8D4G3:V&I7-2EJ".='Z$5,#698M%%%`!111
M0`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%(>*`$)P,U2NKC:IJ2Y
MF"J>:YW4K[JH/ZUM2IN3,:M505V1:E?Y)536*[,YY-2.2S9-,Q7I0@HH\>I6
M<W<8$Q3@M2*FX\5:2PD8`XJFTMR$I2V(K:V:9P!70V&F!<'%,TRTV$`BMZ-0
MHKBK57LCT</025V1K$%'2I8UYH/)IZ"N1L[4AV**6BI+$HI:*`$-)2TAH`*3
M%.I#UI`,P0:6ES10(2F$5)330!$PI,X-28IC"J0$J/4G6JH;!J=&S18$R2BD
MI:0PHHHH`****`"BBB@`HHHH`***2@!:*2B@!:*2B@!:*2EH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBD)Q0`9ICN!39),57=MU-(38Z23/2LO4
M2PC8@UH<!<FL76;Q4B901DUM35V9S=EJ<[<2MYI&:B$C*<@TTL68GUHKT$>>
MUU-VQU15CP>M3K?F67`Z>M<V.*NVDNW%9RIK<TA6;T9T#7#*F:KK=><^TU3$
MK2D(H/-7X[0HH?O6326YOS-[$XL%F7/7-9>H:4T:LR"M>TNP'V$UH2Q+-&>.
MU9\\H,MPC)'`JTD#]P0:V],U7+!6ZU!K-F8VW*OY52T^VDEG4@$`&NE\LXW9
MRKFIRLCMX91(H-2%01S4%I$4B&?2AG;S,5P-:Z';ZA)`K=JI3VY096M-<GK3
M9(]RU2E831B)J!ADVMQ6Q:Z@K@<UB:E8DY8`Y%9D-S+;R;3FMO9J:NC+VC@[
M,[Y)`PX-.KGK'4PV`QQ6W#,LBC!KFE!Q.A23)Z*2EJ"@HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`2HII-J]:D8[1FLR^N`JDYJHQNR92LKE'4KL*I^:
MN=E<NQ)J>[G,LAYXJJ37J4H<J/#KUO:2\A***2M3`N:>@>7!KJ(;5=@X%<QI
MA_?@5V%M]P5Q8AM,]+!Q3B"0A.@J49Q3\"@+7'S7/04;"*M2CI3>E+2;*2L.
MHI**0PHHHH`****`"BBBD`TTE*:0T`&:;110(*:U/Q36&10!`U21-32*`"*L
ME;EI3FEJ)&J45)8M%%%`!1124`%%(SJH^9@*JRWJ@X09II-BN6S4;3QKU<5E
MSW5P5+;6"^M9[W3$GDU:IW(<[&\]_$O0YJ!]3`Z8K(C?S&(>0)QWI$B>4D(Z
MG'7FKY$3SLTFU-NQQ2+J$S_=#'Z"J.'4;$?>1UVKG%:]A\UNAQSC!RN*320T
MVV53J$Z]5/XBC^U)`>>/PK2\L'J!3)+:%Q\R`U-UV'9]RFFJ,>N*O17(=<FH
MC:1"-E1`,]ZQ[R&:R(!?*GI@TTE+8&W'<Z,2*>]*&'K7+Q7TL?1OSJ_:ZEYC
M!''/M2=-H%43-JBJ:W<8.W>`?0\58693W&/45%B[DE+2`@]*6D,****`"BBB
M@`HHHH`***0G%``3@5!))V!I99.U5B<FJ2$V*QS2"BASL0G-405KZ<0Q')Q7
M&WUR;F9CG@'BM'7;TLWEJW?FL85VTH65SDJRN[`!BC![48-68(2QK;8YW)RT
M0R"W>5P`#71:?HN0&9:@T^W"R`D5U-IM\L8KFK56MCJHT4MS/3240@[>E/F1
M4C(K3<?*:Q;V1A)CM7/%N3.AI1*<%I)]JW@<9K?BCP@S5&UE0=<5HQN''%.H
MVQ021G:C9B5#Q5'3[0QR<J*Z`H&'-,$"@\4E4LK#<+NX@&%QBF^6"<XJ4BDK
M,H;MQ2$4XTAH`@GB$BGBL#4+#JRKS725!<0B13Q6D)N+(G#F1RD3F-L'@BM:
MQU`(VUFJ*YT_!)`K)N/,MGYS]:Z;*9AS.F=W!.LB@@U/7+:3J8;"EN:Z2&4.
MH.:Y)P<6=<9*2NB:BDI:S*"BBB@`HHHH`****`"BBB@`HHHH`2BBD8X%`$%R
M^U37-:I<\E0>U:^H3;$8YKEKF7S)2:[</"^IY^,J\JLBN33:4FFFNX\I"TE%
M3V]K),PPIP>]#:6Y23>B+>DPEYMV.E==`N%K+T^S\I1Q6P@P*\VO/F9Z^&I\
MD=1PIPI**Y3K'4M-H!H&.S0:2DI@.I,TVEI`+FC-)10`N:,TE%`"FFD4M%`#
M<48IU(:`"D-*:::`8TBDQ2YI,TQ`IP:G4\57[U)&:!DM%%0SW"0K\QYHW`F)
M`&2<53N+Y8^%P36=>:B6X#8%9DE[LRV>:UC3;W,I5$C8S)<DLQV)ZFI(S`K!
M%F7)_'-8=J+K4V*QOA5ZDFIVTFY601PX''S2$]:MQ2T;(4F]4B]<21/,8OM2
M(F.0.]9MTL=N0(YEF<]%49I]AH<LC%[HE%!Z=S6D?L&EH>%4]NY-%TG9:A9R
M5WH4;?3KB[CWR$Q`]B.:I7?F6\OE.NU1V'>K=WKQ=62!2N>-Q/-8QD=R2^2?
M<UI%2>YG.45HC5LM46!PIC&SZUTR8*JR]",BN+M98TG5I8RZCJ*[&UE6:W1T
M&U2.!CI6556-:3;):,$4M,>5(V57."QP*Q-AD\OE*I(X)`Z5EZX6^SH?+/'4
MUIR74".$>10WH36/K.J%3Y,14J1AN]:03NM#.;23,=9*>LN#D'!JH30&Q758
MY.8V+:[$LBQW&"AXR>HK8CM#'S'*=OH:Y$25LZ;K/E`17&2O0-Z5E.#W1M3J
M+9F\C%.M3)(&%9T^IVT04EMP?H14EM=Q3@F-NG:L'%G0I(T*6H4D&:E!S4%"
MT444`%%%)0`5%*^*>[8%49Y<FFD)BLV325&K9IX:J)'$X&:R]5U!88F&1GTI
M^IWH@B/-<A=7+7$I8GBNBE3OJS&I.VB$FE,TA8]Z;313J[$<D]$2PIDUJ6B#
MBL^W(Q5Z&0#O43"DEN:L0`K0MIBA`[5DPNS=*LK(1UXKFE&YUIF[Y@*9]JQ[
MM@TAIPNL+C-597W<U$(V94I7(W8KT-7+&]VD*:H`%VQFK<5@P`?&36DDK:D)
MN^AN)('7(I]9]K-M8(<U?'(S7,U8W3N(:2E-)2`0U&X-2$TF*`(UI6'%.Q1V
MH`H7#@=:P=6*,AZ9Q7074'F`XK$OM/<Q'CFNFDT8U$VC!@E:%PRFNNT>^\U!
MDBN.=&C<JPP16MHSNK#'2NBK%2B<]&3C*QW:-N7-.JG9R[E&35NO-:LST1:*
M**0!1110`4444`%%%%`!1110`E1SMA*DJM=MA336XGL86J2DJ5'4UC_97(SB
MMJ:/S)>?6IA;#9T[5WQJ*"L>94H^UE=G+.I4\TBKN;%:&IVY0[@*IVQ`E&?6
MNE2NKG"X<LN5EZSTXR,"1D5NVEDL>,*!2:>J[1BM-5Q7!5JMNQZU&A&*N-2/
M;4H%(*=7*W<ZTK!12&ES2&+1110`44E%`!12$T`T`.HI,T4`+1110`44E(30
M`ZDIM&:`N.IIHS030`PTF:&IIIB%)IR'FH^U-+=LTP'75ZL*\<U@WM^6+9)S
MZ5M,01@`'ZUE!$LVDN[U-TK-A$'>M861E-MF//,P/S=2.E3:=ILM^VYCMC]3
M6@FD_;9Q<3*8U;GRQ6Y%&D4:HBA57H!6DJEE9&4:3;O+8@L[*.S39$`/4]S3
M+W4;>R!WG+_W1UJU*LAB81'#XX)K#B\/2S/YES,=S<G')K*-GK)FTKK2**%Q
MK%Y,Y*N8Q_=7@559I)3ND8L?4UT!\.IN^61L>XIC:'(CD)\R]C6RG!;&#IS>
MYBK$<<"KEGIDETV`,#WKH++3(H8B)%#,>3[5>C147"KM'I42K=C2-'N9,&@Q
M(0SMD^E:RH%4*H``Z`4_%%8N3>YLHI;#<4A4'M3ZJWEVMO'D89NPI+4;T.9U
M3+7LAVA3GMWK.D4YR>:TKEVFE9W.6/>JDB\5V1T1QS5RJ3CK3<YITBX-1]*T
M1@]!V30'Q3"<TE.Q-R<2$C!)Q5BWNW@;*MQZ=JH`XIV:3B6IM'5VEX+O:8VV
M2*.5[,*U(+@,=IX/H:X:WG:*0,IP1W%=983I?6JN2-Z]<=<US5(6.NE4YC6!
MS15*"5U?RWZ]CZU=!R*P:L;IW%I#2TQVP*0R"ZEVK64TVY^M6KQRRD5EQDB3
MFMHQT(DS2B7/-3;<#-,@((`J9ON&I$<GXBDY"Y[U@BM?Q#_Q\"LBO0IJT4<D
MG>3'`T^HQ3P:LB2'JQ4U,DI'>J]&<4]SGUBS>L;A2.:M/(#TKGX)]G>K27H]
M:QE#4Z8U5;4T3-BHVG[#K6?)=!NAYK2T>U>9]\BD4G'E5V4I\SLA;83>9NV\
M5OVK%DP14T5O&J@;:E557H*Y9S4CHC%HA%LH?=4X&!1FFDXK)NYIL*:*0&@T
M`-/6E[449H`*2C-%`"$5%+$'4Y%34UNE,#D]8LT0E@`#2Z/&-HJ7Q"CF,D`]
M:HZ-/C*GM7:KNF<FBJ'3V\@C8#-:L;AA7*3W>QQ@UM:=<"11S7+.&ESJC*[L
M:E+2"EK$T"BBB@`HHHH`****`"BBB@!*HW;=:O'I6?<]ZJ.XI;%-%R]747Y:
MKPKS5Q!Q529G!&9?VOF(1BN;E@>*0\<9KM9$W"J,MDKGD"NBE6LM3DKX?GU1
M!I$A:-0?2MQ3P*H6ML(<8J^HP!6-5IO0Z:*<8V8ZBDHK$V%I*:6I0<T`.I**
M*0#A1FD'2DH`7O2TVB@!<TH.:;2B@!U%%%`PIII:#TH`;0>!1FF,:!"YH)J,
MMBHVEQ32"Y*33,BH&F%`D&W=Z5?*3<DEDV\#J:A\S;QWJ%YN2W?M2Q#=R>].
M,>H-]"PG(I)+9)Y8Y)!NV'*@]*<@XJ0#BF(>F`.!3Q3!4@Z5)0N*<!QQ313Z
MD9%<RF&W:0*6*C@"JNEW$TV1+@X[XK0`!X-"HJYV@#Z4[JUA6=QPHI,XILVY
MH7V'#8X^M24/IK2*IP>M1VS%H%SPV,$>AJM.K(QY)]Z:0FQ;JY/*)QQUK)GY
M&.M6I&QS5*5B">:VBK&4F5V&*@<<5)(]5W?)-;(Q;(91R:KM4TK9-5R<FM$<
M\F(:`:#335$#LT9IN:,T`/!J]IM^UE,&!^4GYAZBL\4H.3BDTFK,J+:=T=H;
MF*[B#0.-X^8#O5R"<$`YZ]:QK/3$-I%*K[)\9&#P:U$A*Y8GD@9'O7%)+9'H
M1;W9H`Y&:@N&P#4<$NW*L?I3+Q\"H2U-+Z%*9\U0DDV-TJSORU-N(1(G`K>.
MFYD]22TG#8JZ\G[H\UC1`P-@]*FFGQ#0X:Z"4M-3#UU"TX/:LBMZ_P`R(QQV
MK"/WC79#8YG\04X&D`&*4K5$.2O8`:<#FHZ4'%`[7'TH--W4L:-(VU1DFG<S
ME#0U-(L?M,JN>1FNQMK=85`%9>A6A@@7=UK:KAK3O*QV4::C$=129HKG-Q:3
MZT&B@`I,TM(*`"DQ2FB@!**4TE`"4&BD-,15N[99D((K&_LY8"Q48KH&JM<<
MJ:N-1QT)<%)W.2OY2LH2M?1;GH,UBZH,7.:GTN;9(*[)+F@<T6XU&=[$VY:D
MJG9/NC%6Z\YJS.\6BBBD`4444`%%%%`!1110`UNE4+CO5]NE4)NIIH3V&1"K
M2]*KQ=:LCI38D(W2H\\U*PRM0XIH3)E%/`IL8XIXJ6-!B@CBE%+4E$!7FGHN
M!3L49`XJKDV%[44`YI:DH;BDI])@4`-HI2*"*!"#K2TE**`%HHI!0`G>E)P*
M0G'6H7>FD`YGQ4$DN.],EE"@UGS3\GFM8PN9RG8N/<55EN.N35.2Y'K52:YS
MG!K>-(YYUTC0%P6;`J:XG$,83/UK.L6VQO</T'05"\C2ON)I3C>5BJ<_=YNY
MH12;N3WJ]`V165&:T;<_**F2+B[E]#4@&:BCZ5.M9,U0HI12T"I&*!3A2"EI
M#'=J3)%!JO>W'V>$E5W.>%'O0M0>A,SJ!N<@`=S2HP=0RG(/3%<U,9KJ7-Q(
M<>G3]*MVVZW.P2N5()Y[>U6X:$*=V:X1(79RQP><&L^ZN8WD;:YYJA=:K(S-
M"6&W@@XY!]*KN<G(-7&'5DRFMD7)901D\^E5)9/[U5Y)'5>&'XBH3*2OS&M%
M$R<QTK@YYJN[XILC`GBHF:M4C"4AS-QBHC29H+51G>X$TV@FDH$%&:#24#%S
M2YIN:6@"]::E-!)"-YV1G@5UEKJ%O=C]T^3Z5PH-3VT[P2!T."*SG34C:G6<
M=SMI@0I(X]*J7,Q,7)Y%265VM[9JX^\.&'O4-VGRD#N*YXK6S.N]UH4(Y<R=
M:OHXVUB"3;*03BM&U?=U-;SCI<PC+6Q8GB\R/@5GR"3&RM<;=F*KNHWU$)%S
MC<J/;DVIR*YB5=LK"NV4`H1VKE]8A6.X)3C-;TI7;1E-<MF9X.!5JUM);IL(
M./6J@ZUUV@QHD"DCG%:3ERJYFHJ<K&.^A7"KD8S48T:YQT'YUVS,N.@IH*^E
M<WMY&_L5W.!FLYH3\R'%;WAZP1L2,O)]:V[NVCDB/RBH=-7RWVXP*<JO-'02
MIVEJ:2($&`*6@TF:Y#H%I:2B@!:***`"@444#`T4G>EH`*#244`)3:?330(C
M:H)5W"K)%-*\4#..UN+;)FJ=J^V05I^(1CFL6)L,#7I4]8(X*CM,[W2I=R"M
M85SFB294<UT2\BO/J*TCT(.Z'4445F4%%%%`!1110`4444`-;I5"<<FK[=*I
M7'>FA,CB-65Z55B/-6EZ4V)#STJ%N*FJ.53C-"$QT;=JE%4E?#5;5\KFG)!%
MBDXJ,R#.,U!<7&P=:S!?[YMJG/-5&FV1.JHZ&X&R*:<YIELVX#-38%0]&:+5
M7!.E/I`*6I*"BDHH`6BDHS2`,4F<4&DS@4"'<4PL*8TE5Y)@,U2B)LEDE`[U
M3EGQGFJ\]S@<FLZ6\&>M=$*39A.LHENXN>HS69/<$G@\5%-/O/6H':NN%.QP
M5*]]@>4YZTU2TCA1WXIIJ>T7:6G/1*TDU%'/!.<K%BZD"A8%.%4<_6HE?:N>
MM5G8NV3U)S4J?=`/6N91LCOYKO0T;<[@#6G;C@5GVR?*!6G;IP*RD=$"Y&*F
M6HT6I0.*P9LAU**2EZ"D4+2U7N+J&V*B5PI?[H[FIP<=30`DDJ1IN=E4>I.*
MYG6;[-\WD3EBN``IZ>HK)O;V6ZE8NQ.2>,\"K/A]%?4D#+NP"1GUQ71&ER+F
M9R2K<[Y42RR2V\JK)*78J"P)Z9ITM^R@",_B:H7J20W4GF9W$]ZA$A/7-:**
M:N9NHTVBZP,GSD\YZT9(ZOQ53SB!Q3"^>]5RB<T6G<#JV34$DF1@5&3FFTTK
M$.5Q22332:6DJB!#2=:7O24@$HH-)0,6DP2>!110`+C<`>AISKM8KGI3!1FD
M`M.!IF:4&F!LZ'=/',T0_B7@>XK=F^>/=CJ,URFFL1>Q;>N:ZT+)(IWL,'L!
M7/45G<ZZ+O&QS.J)Y4HD7HU26-S@<FK&MV_^C,0.AS7.QRLAX.*Z8>_`YZEZ
M<[HZDW1QP:8+@EN36+%=D#FGI>9DYZ4O96'[=,W4GP,9K#UAMT@JT+E2.M5;
MP+(,YYHA&S'.=XZ&:O!KJ--G"VZX]*Y@C%:=C<(D0!;D5<XW1$)VE<Z(3D]:
MFBDSWK%^V)C[PJY;7`;D&N:4+(Z8S3-E"'7!I8XE1LBJ7FE1D58MYPW!ZUBT
M[&MT6NM)0*6LR@HHQ10`4M%%`PI!2T4""DI:2@!:**3-`PZTF*6@T"&XIK=*
M?4;F@9S/B%,H3BN>CKL-7A#PMQVKD,;6(KT*#O$X:ZM(Z?0GY`KJX_N"N.T,
MX<5U\)R@KDK_`!'92^$EHHHK`U"BBB@`HHHH`****`$-4[@5<JO<#BF@*,9P
MV*MH>.*I='JS&W%-DHLK0PRM,5JD!I#*,JE33X7.W%3RQ!NU1JFVM+W1GRM,
MI7\;O&=M9-E;2+<9(Z&NC901R*9'#&&X`K6-2T;&$Z2E),6%MJBGB0YZT[RL
M#BA8N]8NS-TFB2,GO3F;%"KBDD7(K-%C#*!2&=14,D;&J%R)4!VYK:,$S*4W
M$U1.I[TY7!KFOMTZ-@@U?MKMWZU4J#1$<0I.QL%A4+O4*SDCFHI93@UFH6-G
M()9\'@UG7%UMSDTMQ-C/-9$\Q=SSQ732I7..O7Y$$]RSD\FJY8GO2$TTUV))
M'EN3D[L<332:2BJ$%69/W=G&G>0Y-5U&Y@/6I[P8D/I&H`K&H]D=-!;LJDY:
MKEI&97SZ<U2')K6TU,1LWKQ64G9'335Y&A;IR*TH$P!52V3@5HQ#Y:YI,[8H
MD44ZD%**R-!:H:KJ:Z=$I`W2/T%7ZJW5C;7#B:9-Y0<9/'Y4U:^HI7MH<Y+/
M<7&IVDMXI"L044^F:ZY@#D'H1BN&N;F66^$DF?E;Y1Z"MN[\0I$@6'#OMY;W
MK:<&[6,*<U&]SG[M8UNY$B^Z&(%;VA6ZVEA)?2#DJ2/8"N?,P,QE*+DG.,<5
M-+J5Q)&8RY"$8VC@8K646U8PA*,6Y,9>W+7=T\S'[QJO245HE96,F[N[%S24
M4E`API#24H!8X'6@!,TH!9MJ]:NWE@+.UC,I(F?G;Z"J2L48$=123NKHIKE=
MF.FA:%]KCFHZDFD:5R['DU&?P_"F@=N@4TTM(:!"N06)``SV%-I:2D`F:E2W
M>2-Y%'RIUJ(U)'*ZQNBGAAR*&-6ZD=+@\'L:.U&20!G@=*!%JP.VZ1NRG)KK
M[5]Z#O7&V;[9""<`C%=5IK#[,#G.!655=3IH/H.U&(20,",Y%</*A25E]#7>
MW1S"2*XO5$V7C8&`>:K#O6P8A:7*P-&:2BNPX1XD/K2M(3WJ.FDT!8DSFEY%
M1@T\'/%(-A\9)<5M6>Y0,5B89><5N:4?,45G4V-:5N;0VK4AQAJ?);LK`ITI
ML";2,5?09&*X9.ST.]*Z&PEEC^?M34NE9]HZU.5!7%01VBK)O[U.A6I9%&*4
M<"BH&%%%%`!BDI:*`$HI:*`$H%%&*`$HI<48H`8:C;FI6J,T#*EZFZ`_2N+N
MHRERPQ7:W#C8037-WT2O)D"NFA-+0PK0<E<MZ(OS"NMA'R"N9T:/!%=/%PHK
M*L[LVIJR)****Q-`HHHH`****`"BBB@!*CE&5J2D89%`&5,NULTZ)NE37*=:
MJH=IJB2ZIJ135=&J8&D,EI"N12`TZ@"%E-,7@U9.,56D.#3N0U;4L*<BG=*@
MBDR<5..:DM.X9HI"<4R24**:5P;L/.WIWJ*2)6'2J<MX@?!/-3PW`<=:OEDM
M3/GB]"%[)"V2HIPME7H*LNPQFHQ*"<4^:3)Y8ID3)M/2JLQP*OL<U0N1UJHN
M[%)61BWLIW$50)JS=C$AJH37HP5D>-6;E,,TE+251F%!HH-`$EL,SIGUJ2Z^
M9)#ZFFV:[K@?0U+*ORXKFJ/WSOPZ_=LH+6Q92`1*/4UER(5-7;0'R0WO2EJC
M2GI(Z6&/`&*M1C`Q4=OS$A]14X%<;.]`>E.7D>])BE6I&&*JZG++!8R2PC+*
M/R]ZH:IKD<$XBB);!PY&/RJI>Z\D]DT:*0S#!S6D82T9G*I'5&+<7<MP3YF,
MYSG%0$\YH_G0.F:[$K'GMM[BFDI>^*2@04G>G`9-.BB::98D&6)[4`D,Q0!7
M0OX<(A7:X+GK[&G?\(WB`?O!OK/VL3;V$SG*FLY5@NDD89"G.*?>V,EG)M<>
MXJL#CI5Z-&>L7J=/>6\.L1K*D@68#&W/6N=G@:%RLG!%3Z7.8KM-SX7-:FO-
M:SC?#@R#J:S5XOEZ&[M4CS=3GC2&EQ28K4YQ*0TIHH`::*4TE(!#244"@`[T
M4Y:",=*!@.M;>B7+"7RF)*/Q]#6+M(-7+!F2Y3'K2DKHJ#M)'6.O[K'M7)ZZ
MF)D8=Q77(0T`/K7,>(%^6,^YK*B[3.JJO<9B"EI.E`KO/.%-(13J0T`F,J1.
M"*9BGIUH!FCL$MOD#FKVAJRN0P[U'IZ94`]*U8(!&<J*YYRT:.BE#52-6*/%
M3@8JI!,1PU61(I'6N)IG:AXYIPJ,2IGK4@YJ1A12T4AA1110`4E+10`8I*6B
M@!*7%%%`!24M)0`TU7F?:M3NV*S+R;@@5,G8J*NRC>7!)P#5#.YN:GF.2:B1
M?FHINY4U8U]*3!%=`GW16/IB8`K9'2JD2A:***D84444`%%%%`!1110`4444
M`03ID50E3!S6J1D53GCS30F5XVJ=353!1JGC:@"P#3P:B!IX-`#ZBDCS4H-%
M`6(8TP:G)"BHG<+5*XO0H.6JE%R(<E%$ES=",9)K'N-5&2`U5K^^,GRJV:R\
MFNZE15KL\ZOB7>T2Q-=/(Y.XU<L+]DP&;\ZRZ`:W<$U8XXU)1ES'32ZB-GWJ
MJ0ZEF;!-8Q=L=:0,0<U"HI(V>)DV=C%<*Z]:9.`PXK`M[]EP":U(+D2@8-<T
MJ3CJ=<*\9JQGWMN2<@5G.A4\UTKQ!QR*H7-F#T%;4ZJV9S5J#;YD8M)4\T11
MB*@-;G(&:0FFEJ0&E<=BW9'$^?:K,@RX%4K8XD_"KS<,*YJGQGH8?^%\R"5,
MGD5;MTQ8_C5=_6KML0;%AZ-2D]#6*U-^S.;:/_=%6*HZ:X:U4=QQ5X"N1[G7
M'8*&.$)I:7`(I#//)FW2MD]SUI]O:S7;;849F'<=JZ.^T.S>7<LHC+-T)K3L
M;*&Q@$<73J3ZFNEUDEH<BH-RU,BT\.+]D_TDXF;TY`%1ZIHL5O8!H5)93\S>
MM=`\\4?#.`3TSWID"[K;]\P<MRWI67M)7NS;V4+61R5M;1W=F8UP)U/'O[51
MEC>*0HZD,."#6IJ<2VE^&M&&T\@`]*AU:&?S%GE4C>H)S]*Z8RU]3EG'3T,[
M'-:.AR1PWOFRXPHSS5S2-%BO+?S96(.<8%9^JVOV.\>*,':/UXH<E*\04)0M
M,U[[Q"O*P@]>M9G]KW623(W/(YK/`/\`=I2C[0Q&!0J<4#JSEJ27%U+<MNE8
MGL,U!0<T9.`">!5[&3;;NP'!I22>I)I*4#F@"2WA$KE3(J`#.6_E41'-+CCB
MD:@-+#30*"35BVLKBZ.(8F?UP.E)NP)-[%<TVK%Q:SP-B6)EQZBH2IV[@.*+
MCLQF*2G8S0%R:!`!@XI^.,TJCDTX_=-,!T4>Y2>X-7;?;P0*@M@-AS3OFB8%
M?NU+-(Z:G1VLO^B<]JP]<^:!#[U?@F`LW.>W%9FI/NLD^M9P5I'1-W@S&-&*
M#17<>>`-%&**!!BI84W,*CS5BU;$@I`;6GQ8Q6Y;)ZBLNQYYK7@QUKAJO4]"
MDK(6>,+$2O6N9O=3N(9V1"<5T5]=)%">:Y:XDCG:1NM517=$UGT3&0:S<J^7
M8D5N6&NI(X0MS[UR38SQ0&*G(.#6\J<9&49R6MST9+R-\?,*G5PPR#7G27UR
MF-LIK=T?669A'*W-<TZ#2NC>-9-V:.JR*3-1)*LB@@]:>#7.;CZ*04M`!111
M0,****0"4TFE)IC'`H$0W,FU36+.^YNM6[Z;J`:S7?`K"3NSIA&RN,8Y-20K
MEA5<')J]9IN<<5K!&<W<W+!,*.*OCI4%LFU*GIL0M%%%(`HHHH`****`"BBB
M@`HHHH`2F2)N%24E`&?-%4*$@UHRQ@U4DCP>*8F*K5(#5=3BIE-`$H-.!S48
M.:<#0!#<9P<5S6I&4,>3BNJ=0PK+OK4.K<5T49I/4YL13<HZ'+D\TVK%Q`8G
MQ42QLQX!KT4U8\9Q:=AE%6X[&1QGI4W]FOCK^E2YI%*E-]#.HJU+9R)VS58J
M1U%4FF1*+CN)6AIKGS,5GXK6TJ`Y#>M34:42Z*;FK&S&N4J*5*N(F%J&5:\S
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M5SC@$GK21:U(S'Y.@S1RSW#FAL6SHUM'"VU"[]N:S-;B2"V@B``<+\V*TX]9
MA*.[=NWJ:Y[4+IKRY>0].RGTJX*3>I%1Q4=#/*C''XTA7!(-2..<XQGM32,5
MTHXF-P*T=/L([M#^]`;M6?Q4D,S0L&0XQ2DFUH.#2>I=DT>Y27RPA8GH158V
M+BZ^SY&X'!)-:$6NRQ0%>I/')Z5EF=RYD+'-3'GZFDO9K8W[+PW%C?/+N/\`
M=3_&MV"".!`D2!5'85D^&A*UN\TK$[CA:VZY:C=[-G73C%*Z17N[2*[B,<HX
M/<=:S[W2(!IS0P1X8'</4GWK7J*Y;9$6STJ8R:+E%,\\="C%2,8I%^]6EJ,:
M22EE&"3^=9VTA\&NY.YYLHV8]5R*>T9VT^V`8GVJQD=A0V-1NAD2;5YJ4X"9
M89%&<T[;N3%2S5*VPR6X`3`/&WI4-UDV$>>]07"%;@+G@UI75O\`Z*JCL*%9
M-!&\KF`1S25-*F"?K45=2.5JP#K3L9IE.4\TR1"M36RYD%."`J*EMX\..*38
M6-VPX45ILWEQ9K,LNE7+LMY!QZ5PSUD>A#2)SFKWKO(8PWRBJ$<F`?>FS[S,
MV[KFF]*[$DE8Y7[^H/C/%)BEH%,JU@'%.5RC!E."*;12`U[37980`XR*Z+3M
M52[`Q7#XJ_H\QBO!EL*>U93I1:+C-Q>YWP.1D4N:K07",@P:L*0>AK@:L=B=
MQ:*,TA-(!<TA--S2%J`%)J&=]J&I&-9=_<!5/-3)E15V4+N7=(:J,2:BEG)8
MTZ,Y%9*+.ARTL2Q+EJV].@Z&LRTB+N.*Z2SAV(*WV1ANRV@P*=24M2,****`
M"BBB@`HHHH`****`"BBB@`HI**``U#)'D5-FD-`%!TQ3`V*M2@56<51+)%>I
M`:I[\&I4DH"Y9IDB!@:`].R#0&YFS6*R=138M.4'I6IM!H"@=JT]H[&7LHWN
M5H[55[5+Y"XQBIJ*AR;+Y44Y;12.E9\^F*_\-;=(5'I5QJN)$J49'.+I05\X
MS6I:VXC4<5;*+Z4<"JE6<D1"A&#T%X`JI._85-(^*SKF<("3UK!:LV96OI,(
M:YV=MSFKUY<F1B*II$SGIUKT**LCAQ*9"%)-6K:V:0]*LVU@2<D5K6UF$[4Z
ME51,J="4]QEG9`+TYQ4<L>UV4]JV88L8XJI>P@7.>S"N13<I79Z"IJ$;(QG^
M5J0'GI4UU'M8^E5^WO6Z,'HR]ITNR[2K?B65EMXE#8W$Y`[UF0,0ZD=<T:W=
M^?,B`_ZM<'ZU/+>:93E:#,X=\T4E)6YRB]Z6DHI`.[TE*>1T`I*!@/K4J7$J
MC`8XJ*DH!.VQ(&)R/6E1V4Y1B"??K4?6EHL%R8.6&T].M:5AI7VJ!Y%E^<9P
MM9*'GMBKVGWC6\R[6^H]:SDG;0U@U?4J7$+0RE&&"#WJ)LD9/YUUE_817T'V
MF(#>5Y'K7+RQLC$<X[40GS(*E/E9`00:,5(1GDCK3:T,;#:EM;9[N=8(^2QY
MIL<332*B`EB<`"NQTG28[%=[#=*PP3Z>U14FHHUITG-^1<M;=;:V2%!P@Q]:
MEI>]%<)Z`E9^J2[4VCN.:O.QK+U$EFJXK4F6QSMSDO59TR:NW$9W9[5"RC(^
MM=:9Q2C<1(Q&,]S4BBD8<T]1Q0"0J`9Y&13L^@H`I)6\N,D^E(HHD[[L'&<&
MNG:S+62EA\Q'-8>CP">_`(R*[9XE*!<<8K*K*SL;4(WC<X#4+8QD\5G$<5V6
MJV`920M<K<PF)R,<5U4JG,CFKT[.Y5IRB@BG+Q6QRLD5]HJU;MEA5(<L!6Q9
M0J<<5$FDBZ:<F:%F.!Q6F(O,CP:K6\8`%7X^!7#.6IZ$(V1R.N68A?>!CFLG
M&177Z];>;;$@<UR'*D@]J[*4N:)R58M3T$(P:2E)S25H"U%I12"EI`%*K%2"
M*2DH#<UK/5)(QACP*T8-?0-ACBN9!-%2Z<7N"E-;,[2+6X7(^<5HPW"S#(->
M?0H[R!5SFNQTJ-TC`8FN:K2C%:&U*I*3LS5--S2FF.V`:YCI(KB7:IKG[Z4N
MQ&>*OWDYY%9DHS6T:2M=F4JEG9%55RU6HDYQ4:+BM.QMBY!(K-JQJI7+NG6W
M0D5M(NT5%;PA%'%3UFV6D+1112&%%%%`!1110`444E`"TE&:,T`%&::332U`
M#\TTM49?`J-GIV`F,@%1M+4#/4324[`6&ES4#MFHF>F-)18!6/-)O(-,SGFE
M'/6BQ#1,DIJ99JJ[:=BD27%E'K3O,JD":=N-*XTRYYE'F53W-0':ES!S%SS!
M2&053:7;UJ)K@4N87.76E%0O-[U4:Y]*@:5FH5V2ZB1:>?/>LB]D9FP*NJA(
MR:C^S>8^<5TTZ;6K)59=#+2V9SFK]O:8QQ5^*T"XJY'`!6KG;85N9ZE6&#`'
M%7$BQ5A(AZ5)Y8KGD[F\4DB`#%072;TSW%7"HICJ"I'K4K1CW,*XC#`\5GE<
M$UM2IM;Z54>URW'2NB,M#"<=2I`IWCBJ-WD74F?6N@AA5!ZD=:S]6MP09@,$
M'!%7&6IE.'NF32T=J0UL<P$THI!UIW2D,,TE*#29H`#29I:"*8A10:4-\FW`
MZYS24AA3E)#<&FT>_I0,Z[P_)OM'5FR=W3\*DOM'BN%R@V-[=*P-)NC'<)EB
M%SS771RI*/D8-7'-.,KH[Z;4XV9P]U"T,K(P((XJ.*&2XD$<2DL>!BNEU/2I
M+N[#1[5!Y+]ZNZ?IT-BOR99SU8]:T]JE$Q]C>7D5])T:.R`D?YINY[#Z5J9H
MHKG;;=V=48J*L@I,TM(:!C3S67>`EZU&X%4V0.<FJB3(Q;V+"C`JFD19AQ6_
M/:JXZU%'9!3U%;*>ABX79CO'AL4H7BM*ZML#=WJO';LQR>!5*1/+8=:VPD!9
MN`.E5-8"1A$2KYE$494=*Q[PF>9?K@41U=Q3TC9&QX8M\RM*>PKIZS]&M/LM
MBH/WFY-:-<TW>39U05HI%>X@$B$&N:U73N&(%=9BJUU;B52#1";BPE%25F><
MRQ&-B#3`*Z+5--(R5%8,D3(V"*]*$U)'F5:;@R:"!6P:T[2(J1BLZV)!'%;-
MKSCBHJ-FE)+H:%OT`JZO2JL"<5;7I7%(ZT-GA$L94US&IZ.59I(P<^E=7FF2
M(KJ0150J.#)G!2/.Y$:-B&&*96[KUJJ'>!6'7?&7,KG+:SLPI1249I@*:2DS
M2T"`<TN"2`*;G%7-.A,]RN!P*-E<EWO8UM%T[I(PY-=+&@C7`J"RC$<0&*L$
MUY]2;DSMIP44*6JM/+QBG2S*JFLBZN^N*<(7"<N5"7+`D\U3>0$X%1R3%^!W
MJ:TM6D-;R?*K&$$YNY+:V[2N,]*Z.RM@BCBH;*T"8XK44`"N.4KG;&-A0,"E
MI*6H*"BBB@`HHHH`****`"DHHH`2BEQ10`TTPBI*2F!"P-1,":M;:84HN!39
M343+5XQTPQ>U`%!DIA%7FAR*B:`^E%R65.!0'J5H#Z5&86]*.8ECQ(*>'4U6
M,;#M28<4N83+@(-.XJD'8>M/$K#J*5T(M@"D91BH!/2^?FC0`D0&J[1BI7DS
M41-:1Y>IC--[#"@I-H%/S[4F,UT1Y3G<)=1`0>!5F(`57"X-2K)CM3DT;05B
MX@%2*P%4EF-)YK9K)FZ-19%Q2F05F"5LT_S&-2TB[LNM)[U&7J`%J<`Q[5)0
MV50QJOM-71&:21`*J+L*2N4P!GTI9(%GB:,C[PIEP&'(J2VDS@GK5>9GY',7
M,#6\K1N,$&HOPKJM0TY;[#[@CCOCK6/<Z-<PC<HWKZKS6\:B:U.:=)IZ&:*"
M:D\MQG*'CVJ,]:TN8M6$I:2EIB%/I1VI*7M2&)2BDHI@+2GI24=J0"K\O.>:
MMV6H2VTH8,<=ZIDU-;2QPLS2Q"3*X4'L:4E=%1=F=4VMVJQ!LDMCIBLRX\03
MR.%A0**PV.6_I6CH-O\`:+]6(RL?S'^E9>SC%7-_:RF^5'66QD-O&9O]81EJ
MEI!17*=B`TE%%`#6/RFH`/6IVZ5#BFB1"*;BI!36Z<4Q%*ZF56V]:BDF!4!!
M]:=-!EL`Y8U#<[+6+EOG/:M%8AE.Y?'R@\]ZDTJS^TWZ$CY$Y-5HT:=SCJ:Z
M;1[,VEM\YR[<FJG+E1$(\TKF@!M`'I2TF:0FN4ZAU(>E-+8IID%,"&Y@61>1
M6#>Z>,D@5T+2"JEPJN#6D).),HJ2.<2W"MR*T+>/&*6:(`YQ21R;3S6KG=&*
MARLT8Q@5*":JQ3C%3JX-8,TL2CFD/`-`(IDS8C)H0'-^()`1BN=K3UR;=/M]
M*RLUZ5-6BCB;O)CLT9IN:!D\`9JQ7'5+!;O.P"`FI+6PFG<#!`^E=1IFFI`H
MR/SK.<U%%1BY/0QX-"=L%JV[#3$M\8%:6$48`%-,@6N2=9LZ(TDAX`7I4,\V
MU3S4<UR%%9EQ<,YPM1"/,RI/E1'>7Q)P#5'YY6R:LQV;R-D@UH0:=C&170YJ
M"LCGY'-W92MK0NP)'%;EG:A,<4Z&V"=JLJ=HKEE+F.N$%%%A``*?FJXDI1)4
M%EC-&:A#TH>@";-&:B#TX-2`?FBF@TN:`%HI,T4`.HI*6@!****`"C%%%`"8
MI,4ZB@!I%)MI]%`$6T4A05+BC%,"`Q`]J:8!Z58Q1B@5BJ;<>E,-JM7,4NVD
M%B@;0>E--F/2M':*-HHT%8S?L@]#33:5I[11L'I187*9?V3ZT?9/K6GL]J-E
M`^4R_LGUH%I]:U-@HV"G<7*C,^R&FFUK5\ND,8IW#E1E"V-*+8UI^2*7R5HY
MBK&<+?!Z5*MO5T1@4NT"BX6*RP>U/$/M5@"EQ2N%B$1CTILL(=,=ZL8HQ1<+
M&%)N5BCC@4V,Q(WS;@:T[RUWC<O6LT1J&*N.:U3NC-JS+J,K#@T\?I4*`*.!
M4JG-2,41QL"&13GKD50U'1[>6!VA3;+C(QWK1%*#0FT[H'%-69PLMM-"Q$B,
MH]Q49&*[J[C2>VD5U#?*2,_2N&/?-=5.?,<56GR;#:7I116IB!IXAD,?F;&V
M>N*C&1UJPMW*ML8%8A"<D#O2=^A2MU(:*2ES0(**.M)CG`H`GM;9[JY6)`26
MKL=/L$LHMJXW$#)'M5;1-/\`L=N'D&97&3[#TK3KDJ3YG9'=2IJ*N]PHHHK(
MV$HHHH`0]*A8X-222"-"S=JS?M#/+AE(R<"J2N2W8MM)@>IIC3)&,N:A)(W,
M3M4#J:R+J^$EQMCR0H^]ZFKC&Y,I6+USJ*IGRP"U9,DCSR$L<DU"[Y.!6AI-
MDUU+Z`=:VLHJYAS.;L:.CV.X^8XX'2MT\4R*)8HPBC@4$URRES.YUQ7*K"EJ
M8STC&HF-*PQ6DQ4;2TUS4#FJL%R1I:B:4U$S4PFG85Q[D-5=T[BI,T9IB(-Y
M0U+'=8/-,E3(JHZL#Q1RW%S6-A)P1UIMS-^Z.*S8I7'6I7EW1D8I*#3'S1:.
M9U4EKHDU!#;R2G"BM6ZMO-ESBM"PM%4`D5W.IRQ.2,.:3,B+27;&[-:EII4:
MD%A6NJ*.@I<>@KEE6FSH5*"&0P1Q=!5CS@!@8JN0:55)-9M2>Y5XHD:<FHF:
M1^`*LQ6^3S5V.V45/+;<?-?8QC:22'FGQZ<0>16X(5%+L`IJ=MA<K>YFQ6@7
MM4X3;VJT5%,*TKW':Q#^%(:D-,-%AW&<T9I32$BE8=QVZE#5'FC-(9*&IX:H
M`:<#0!,&IX:H0:<#0!-NHI@HH`FHHHI`+1110`E%+10`F*,4M%`"44M%`"44
M44`%&***`$HI<48H`,48HHH`,4444`%%%%`!1110`44M%`"44M%`"48I:2@`
MHHHH`6BDHH`,9JA>6O5UJ_00",$<&FG835S'CDYVG@U,II;RT(/F1]JKQ2@G
M#<'TK3=$;%P&G5`&J16S2&.;#*R^H(KC=0L9;.5E894GAO6NRXJ&^MEN[9HR
M!DCY2>QJH3Y69U*?.CAZ7-.FB:&5HW&&4X(IE=IYX9I:2B@!:*2@T`+G%:WA
MZV2>]+R8/EKD*>YK(JS8W36ERDH)P#R/6HFFU9%TVE*[.ZZ&BJUE>Q7L6^,]
M.H]*L5PVL>DG?8*,UE:QJXL#&B`,[<GV%:$$OG0I)C&X9Q5<K2N3S)NQ(3Q2
M9H-12RQI&2[A5[G-(9!)/&TN6RR)T&.IJ-YHXH_-N<9'*@=35.XU`2R;+9<X
MX!JM>.MNOF7#B68CY5["M5$S<BO?:C)=DJORIFJHQ&O')-0H&9BQ[]JOV5C)
M=2A0./7TK?2*.5-S8VQM)+N8*H_&NQL;1+2$(N">YJ.PL([.,!1ENYJX.E<M
M2?,]#LIT^5:@:813S25D:D1%1LM6"N:85JDQ%5DJ%XS5TJ*8R`T[@9[1FHBA
MK2,0J-H*=PLC.*D4G(J\UO49MZ+L+(JYXIC(&JT8#3#`:5V%D5A&/2EV5,8B
M*:4:JYF+D1!Y8W58BPHP*B*O0"X[57,V3R)%Q2*E!!%4!(X[4[S7%*X<I;-.
M0`'K5+S7I#*].XN4UDE45*+A1WK#\V2D,LE*R86:-[[4OK2&[3UK!\R2E#OW
MS1RH-3;-VOK3#=KZUDAG-.&ZBR#4T3<BFF<53`8T\*:15B?SLT;\U&J&I%CI
M#0H:G#)I5CJ18ZDH:M/`YIRQU($I`-`IX%*$IX%`#0**?BBD`^BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MI**`%I***`"BDI#0`ZBFYI"V*!#Z#41:D+XIV"Y(3ZUGWMGNS)%PU63**89:
MI70G9F4ETT3;)>,5<CE6095J;=11SCG@^M9CB2U?Y>16EDS*[1M*^.M),9#$
M?*P7[`]*S8=1!&'%65NU(R#Q2<6BE),YW5Y-]X2RA7Q\X'K5#-:FL6VZ5KB/
ME3U'I6775#8X:BM(*#2459F2+*RQLHQANO%,I**0[BT9Q25<TN&WFO%6Z<JG
M8>I]*&[*X)7=D:WA=9MTC8Q%C]:VKXS"TD-OCS`.,U,BK&@5`%4#@"F2LC(R
ML<9&*XG+FE<]&,>6/*<'+++<7&96+.3C)KNH%\JW1/[J@5ST>F16UV9#()$S
MP,<BM.;4$6,M(0!V6M*GO62,J2Y+MDEY>,HV0J6?VK(FAED.^[DVKUV@T2:J
M>4A3D]ZJ.LMRV9"3["JC&PI34MM266]2/Y+1.G&:J>5),^YSN/O6G:Z8[_PX
M%:4.G+%U%/G4=A*$I;F98Z8TA&1@5T5K!':H`@Y]:B#;!@#`H\ZL92<C>,5$
MN[Z4-5,39I?-J.4NY;W4;JJB6GB3-*P7+`:BH`U/W46'<?C-(5I-U`:D`FVC
M93LTM,"/RQ2&.IL48HN!6\H>E(81Z59VT;:+@4S`/2D-N#VJYMHV4[@4#;#T
MIIM!6CLHV47`SOL@IIM/85I[*-E',!F?9*/LGTK3\NCRZ.8#,^R4?9*T_+H\
MNCF`S/L=*+2M+RZ/+HY@L9PM*<+;VK0\NEV8HY@L41;^U.$'M5S92[:7,%BJ
M(?:G"+VJQBC%%P(A'3@E28I<4KC&!:7%.HQ2`3%&*6B@`HHHH`6BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"DI:2@
M`HHI*`%HI**``TTTM-;I0`A--)I:C8U0@9JB9Z5C4+FJ2)N#/4324CM4+-5I
M$MCFD/K4#OD$'FG&DP#5(DI31*QR.#48:1.G(K2\E6IZVBGM3YB.4R_M'9QP
M>M9]S&-Y:/&T]O2NE.G(XY%0R:&6'R$?C34TB94Y21S!I4VE@&)`[XK<ET"<
M=$S]*J2:/<(>4(K13B^IBZ4ET*DL<'EDQ2$MZ$4END#*WG,P/;'2IFTR<'I2
M?V?*.HIW7<.5WV*LFU7(4[AV-7-*A62<M("549'UIR:<W=2:NQ0S*H6./`]A
M2E)6*A!WNS0>[D(^]@57>4]6<T+97<G1#4\>CSO]_C\:Q]U'1JRA+.<809/K
M4"VTL[Y.6-='#HT2\N0:O16L,(^1%^M)U4M@]DWN8%KHDK#+`**U+?388`"P
MR:T:"`>HK)U&S502(0T2C``H_=FGF)3VI#"M241LD9%1M$F.*G,7O33'BG<5
MBHT>.E-V&K904PX%5<5B`*:<.*<2*833$/!I=U0[J4&BP7)PV:<&J(&GBI8R
M3-.S3!3L4ACP32@TT4X4ABTM)2TAB44M%`"44M%`"4M%+0`E%+10`E%+10`E
M%+10`4444`%%%%`!BBBEH`2EHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`$HI:2@`
MI*6B@!"*:13Z0B@",BHV6I\4W;3N(K,IJ%XR:NE*:8ZI,FQFM&:B9#Z5IM%4
M;0^U4I$M&801VJ,LP/`K2>VS436Q]*M21+3*0F(/(-2K=8]J<UL<]*C:VIZ,
M6I.EX!WJS'>K66T!'K3=CKTI<J8^9HWTNT/>I#)%(.<5SA>5>E.6YF7UJ?9E
M>T-TQ0GIBHGME+<*M9`O90>]/%_)[T<C0N9,V8[6/'(%3K%&O0"L,7\F*<+Z
M6DX,I21O<>U'%8?V^3U-(;^2E[-CYT;N1ZT9'J*P?[0>C^T'[T>S8<Z-W</6
MC>OK6&-0/K3A>D]Z.1ASHV#(H[TAF4=ZR?M)/>D\XGO1R!S&H9Q4;3BJ'F$G
MO2Y8T<HN8M&;-,:2HE5J<(V-.P7`O1UIXB/I3Q'1<"(+3PM2K'3PF*5QV(E2
MI`M/"^U."U-QV&@8I0*=MI<4KC$Q2BEQ10`HHHI:0Q**6B@!**6B@!*6BB@`
MHHHH`****`"BBB@`HHHH`**6B@!*6BB@`HHHH`****`"BBB@`HHHH`**2EH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`*2EHH`2BEHH`2BEI*`"DI:*`"D(S2T4`-VTFRGT4`1&.FF*IZ2G<5BN8
M:C,`]!5PTF!3N%BB;;CH*C:T^E:)6FE*?,+E,PVE--F:U-E&RGSLGE1D_8S1
M]D-:WECTH\L>E'.'(98M?:E^S>U:?ECTI?+'I1SARF9]F]J7[+["M+RAZ4OE
MCTHYQ\IE&T!.<4TV>?2M?RQZ4GEBCG#D,D6)]!3A9D=JU?+'I1M'I1SL.1&8
M+4^E/%L1VK1V"C:*7.'*4EM_:GB&K>!Z4;12YA\I6$5/$=3;12X%*X[$.RE"
M<U+BC%%PL1[:=MIV*7%%QC=M*!2T4@"DI:*`$HI:*`"BBB@`HHHH`****`"B
MBB@`HHHH`***6@!**6DH`***6@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"DI:2@`HHHH`****`"BBB@`HHHH`****`$HI:*`$HI:*`$H
MQ2T4`)BC%+10`E`I:*`"DI:*`"BBB@`HHHH`****`"BBB@`HHHH`***6@!**
M6B@!**6B@!*6BB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"DI:2@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`%HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`I*6B@!**6B@!**6B@!**6B@!**6B@!****`"
MBBB@`HHHH`****`"BBB@`HI:*`$HI:*`$I:**`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
=BB@`HHHH`****`"BBB@`HHHH`****`"BBB@#_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>tlgim_a1014x48x1.jpg
<TEXT>
begin 644 tlgim_a1014x48x1.jpg
M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP.
M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@`
M2P"6`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D*
M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(!
M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P#
M`0`"$0,1`#\`]`HHHH`****`"BBB@`JM=WD=J,$%GQD(/Z^G-+>W(M;9I,`N
M>$4GJW854L+<+$;RY?>Y!?<W8>O^>@_&@!Z&_N,L66!>PQR?S_\`K4H@O5_Y
M>PQ]-H'^-9]K<G6KQBQ86L0R$!(W$GOZ].GN*OS6T$:?+$@/LH%`"+?RP/LO
M(PH[.O?W]^_OQTJ^K*ZAE(93R".]9=C=K=22V4X+%1D$]Q]?7WI+=I-/OO(<
MDV\I^7OACT_/O[\\4`:]%%%`!1110`4444`%%%%`!1110`4444`%%%%`&)J$
MHN-9BM0,^6N3[$D`_H5(IWB2]BM=.>$MB29=H`].^?:JJRJGBJ;<>H7_`-E'
M^%4M<OHHM3NT9-V4"ACW('0?G0!+X6,C&[(<./E9=H[\_P"%7XH[V:_9IY'5
M`/\`5D#&:A\,/";0F-U+D@N`,8/I6G=RD#Y&9<#.0F10!S^D/.VM6LDDKL9-
MP96`P/E/2M[6H5DLRYSE<X(Z^N/Q(%<F+QK.:UGF8$K<9;`]2<_IFNOU8@6)
MSW9?YY_I0!/93>?:1R;MQ(P6]2.#^HJ>L?PL[-HD(;JH`_\`'0?YDUL4`%%%
M%`!1110`4444`%%%%`!113'D2,9=@N?4T`/J"XE,17'<'\?\\TU[V':=D@W8
MXR#C-9&H7PN%7$ICV/NY!5E(R,@8Y_K0!$;-);N.]CE)D=7W`]"01@^H(*J<
M>QK)OKHF^N284,<C9VS'[K=_\^U;27L6565XQ\P9&QP3[C.5/UXK*U/3X[@A
MEPTS#;G<#N`]&'?^?UXI@7/#@+6+3H0Q+'>BC!'.01[8/\ZMW6K010LLZLP(
M(RG?ZBN5T749M+NI(@0&4XPW0^Q]OY5HWVI6EXR@0A)VQN5BP)/X<']*`*2.
M;W58K>)55';:"XR`2>>*Z[5-TT;6L4BJ(XSO=N<9&/SP2?KBN:L+5[+41-Y<
M;F)`7,A)$;^HQU/M6V)HHD9IY%P2&P0"Q;UV@]<]^E`%BQ:.R\RWB8E(U7=W
M.=OY>G&*V:YJ2Y,DD9\U4PX;:&&#@\$L."?;_"M`7[S02K#,J2!"%D>,XW=L
M>H_SS2`U:*I6$Y%I$EU<(\X7#L!M!-7:`"BBB@`HHHH`R++69;VW2=+)A'(K
ME29!U4D$'TY%&FZZE_-!$T#1&XA,T9+`Y`."#Z&HM&T1M/L2)(8/MH61!(CG
M#AFW<G'T'0]*K:1H=]I$L$T?D2,8?)G0R-C@Y5E)7(]Q0!KQZG#)J\VFC/FQ
M1B0GL<]1^&1^=51K$,]W=V4MK_I=L-RQ.1^\&,Y4FJL>BW\5Y9WZM";I9)&N
M`TS%&5CT7Y?\.@ZU)>Z-<7Z732F*&X$WFVLT3DE?E"X;@<$*,]>OM0`K:I;Q
MM9>;8)&MW$TH8D?*``3GCT(ITU_]GMK:6;21&UQ,L*QLRY!;H3QQ5?4/#\VH
M+ID4OE"*U@*.P<A@Q4#*\=BN>O-2SV&KW-C913FT>>VN4E,GF,!(%/&1MX)H
M`MZA<164MI&+))#<R>6,8&TXSZ>QJ&/4;:2_NK#[$JW<`RD9P!*,9^4_B*+R
MSU*[FLY76U!M[GS=HE;[NW&,[>3R3VIEWH]Q??:GD,4$XF\ZTFB<ED(4+SD#
MKM&>O7VH`MQR++ID=VFGJ9)`K+#QG!(QS]#FJUG??;))%CTM=L<LD+-N&`RC
MZ=">,UIV,+6]C;POC='$J''3(&*I:19WEC'>^:L!::XDG0+(2/F.<'Y>/KS0
M!%IM^FHPQ2QZ:JI-&SH25/0XP>.,^M0IKFGOH3ZI]E`",4,.T;MWI^7/TIND
M:1?:9:11QP6(F2-D>59&S)U('W>.2.>>E5V\-7/D3[7A#RVJQ^7O.P2[=A?.
MW/W?;N?K0!?GU!(9X(O[-1VFA:8;67@+R1]>12PZE:W%S91PV:LEY$94<@#:
M!U!'KS4<^CW%S>:>\Z0F&"`Q2J)F!.0`<8`R..^,YJ6YT^Y35;.YLH;806T+
M1B-I"G7'3"G`&*`"[O4M]1:S33TD98#/NW*H*@X/4=<TZXU>:">*-K!\32".
M,EP,DH&].W(^HJK<Z3>W6HQW5U;V5P!:>2R-(R_.3DD?*<>GK5F_LKZZ.FR#
M[.TMM()9<N5!.W!"\'U/6@!Z:M)+,+:*S8W2Q^9+&S[1&,X`)QU/;BJ\OB:W
MBM8KEX)1$9S;S=-T+@$D$=Q@$\5.]C<VVM2ZA:".5;B-4EC=MI!7H0<'\JK0
MZ-<PB(D6\IDNY+FY#,0OSJ5*J-IR,-WQT]^`#2M[XSW\MNL7[M(DE68."'#9
MQC_OD_E1531M'?2KR[VRE[5U00*3DQ@%R5^F6XHH`UZ***`"L?Q0SII0>.66
M)A-&-T<A0X+`'H?0UL5!=V=O>QB.YC$B`[@"3UH`P]2DO-.U26[MWFGLXXD-
MQ;F1F(!+`LN3P1M'2JC,T.E6&KQ7=X\$=P3,&N'(:(N0"03VX_K731V5M%<O
M<)$!-(H5GR22!VI!8VHLFLA"HMF!4QCI@]?YT`8&IB5-#:]2XNE>>Y1T`N'&
M$9\!1SQE3G\?:GWJ7@L0L`F,BW)D>T>Z)D>,#[H;.<'`./>MVZL;:\B6.XA6
M1%.0IX`-1-I-BR%3!U??D,P;=C&<YSTXH`P+V19?"_\`:EI=7JDJB)NF8%?W
MN#G!Y/.,G/`%6=<M[BQMHFT^XN3*LS3A6F9LJJY*')Y!P.N>M;$FF64EFEHU
MNGV=/NQCA1^%.>QMI)(9'B#/`,1L2<K0!B6=]+J7B"UN%EE6REMW,408J&VE
M<L1GDY8C\*9H?FS2DS279C6XF3S&NF*D9VJF"??(/7(K;&F62R12+;JKQ)L0
M@D;5]!38M(L(F#1VZJ0Q8<G@GJ>O7WH`Y@WEY:6(M[V>X:&Y?-K<K(P96W<Q
MLP.>F<9__5JW]KY6MZ;"MQ=>7=/,9%%PX!`3('![5JKIEDEI]E6W00;MP3L#
MG.?SI\]C;7,\<TT0:2+[C9(*_2@#G;AI=-U:+[3+<S68:&&*:.8YB8`9#KT.
H[N?0UU55)--LY+K[2\"M+N#Y).-P&`<=,@=ZMT`%%%%`!1110!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>tlgim_a1014x4x1.jpg
<TEXT>
begin 644 tlgim_a1014x4x1.jpg
M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP.
M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@!
M7`%G`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D*
M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(!
M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P#
M`0`"$0,1`#\`]`HHHH`***J:G?QZ;8R74JLP7`"KU8DX`_.@"W1679WVHO=K
M#?:;Y"2*662.3>JX[-QP:GMM7T^[>98+N)S""7YP`!U.>X]Z`+M%9\6N:9-%
M+*E[$4A&7).,#UYZTB:YIDD$DZWD?EQ[=['(V[NF:`-&BLU]?TJ-(G>\0+*,
MJ2#TSC)XX&0>M.EUK38;CR)+R-9-P4KGH3TSZ4`:%%93:]9PZC<6=U(D#1.B
M*6;._<H.>G'7'-/DUBWMY[Q;N2*&.V*#=OR6+#.-N.#^>:`-*BH;6Z@O(%GM
MI5DC;HRU@V7BF2Y^QO)8(D5U((E*7(=U)R,E<`XXH`Z2BL\:WIA:9?MD>803
M)_LX./YGI2_VUIWV(7GVM/(+;0W.=WICKGVH`OT5DMK]H+FW5'1K::)Y#<;\
M!0O7C%.O]>L+*W$C3H7>(RQ1G(+C&1VX!]30!J45F#7;&.SM)KN=+=KF)91&
M3D@$`^G3WJ?^U;'C_2H_FE\D<]7]*`+E%4)M:TZ!=TMVBC<RCJ<E<;@/7&14
M%SKD4<MF+>-KF*ZY$D9&,=.YXY('/KZ\4`:U%%%`!1110`4444`%%%%`!111
M0`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!5'6-/\`[3TZ2V#^
M6Y(9'QG:P.0:O5F:_=3VEE&UL[([SQQDJ@9L$X.`>IH`SET2_N]72^O?LD)5
M'1C`SL9,J5'!X&,YJO;>%[HP/;W4D05;=H8Y%D=CSCG:>%'J.:LP:]-;PS+<
M@R2+/Y:>>!"V-H;+#GOG&!^52#Q3#N@+6[)#+&)-[N%/().`>&QCL<^U`&=J
MND7SV_VV\,"/:PI'$ENK.&PX.6&`<<=.<=:9;65SKAU28&'$\EN0X#JC;!\P
M&1D]NU:D'B9)QM2U8RN4$2AQAMV>IQP1CGK^-3VFJRKI-U>7D9WQ3R)Y:XSP
M^T+GIZ#-`%77M&U#4IYQ%-'Y$D(15:5DV,#GD*/FS[]*H+IE_=SZQ9QK`L4[
MQI(\F<J`HY7CG]*V#K<PN!:?82;S?M,?FC:/EW`[L>F>U3O<R7^BI>6<S6Q:
M/S1\JL>AX.>*`*-_H-Q/;ZM'#)&&O##Y;,QX"!1\W'L>E1WFA7K:S/J5N\!;
MSHY8HW)PVU"I!XX/IUI;#6;B*U66YWW2A(GFEPJ>7O`(`4#YNM(OB66"P2:Z
MMD+L93@2@956(X'4G_#KS0!M:=%/%;8NO)\YF+,(5PHR>GO]:YJS\,7T4%I`
MR:="8)`[74.[SB,YQG:/IUK1EU6X.BZI=Q.`\,C"$E1P,*1Q^-1_\)"\-PPN
MUVFWMG-Q$HY\P.@&">QW9'UH`1_#]PVBSV@EB69KLW"D$[3\V0"<9''I3%T3
M44@#(\22R7`DE19Y`67;@?O.N?H!4\&ORW=[:0PVZC?,R2_/D8V%@5..>_Y8
M[T7>NF#Q%':^=&+92L4JGKO8$@Y]!\H_X%[4`9X\(3RPP17$T06)9N4=L[F.
M5/(YQWS5RXTC5)7FEW6;27=H+>?<S84C/S+QR#GIQ3SXF`^T#[&P:$XVE\$#
M=C+#&5'O@BG3^)H8H8'6#>TL1E*B0'"@XX(SDY!XX]\4`0?V'J%NJ_96M7:2
MQ2UE$I;"E1C*X'(]N*KR^$9A)B&X0Q)`OE[L@^>H`#$>F!5L^(Y84N)9+4-"
MMP8XWW;5"[`WS''!Y[^OM6A?ZLMG:6\XC5O/QM#2A0.,]1G/X9H`K6.B26LF
ME,71OLD<OFG)RSOC)''/.>M6M!L9=-TB"TG9&DC+9*$D<L2.OL:J0>)(Y[FT
MB6W9$N54JSN%Y/IGAL?7/M5B[UC[-<2H+=GAMR@FD#`;=W3`[]1F@#4HK`M]
M2O?^$?O=0F91*&D\I#@JN&*@#`R>1CGK3;74[V4&V+LMQ]J5%\Z,*^P)O)8#
MC!P1D>OK0!T-%8=M>:B);VV9TEGBB1XS*GEJQ)(8C&<J,#'?^=.L[^[N;?3-
MA5II;9IY0>`V%``)QQEF!X]#0!M45S<FO3V^BEYY8!?22S1QY.U!L8Y//H`/
M<DCUK=L9A<V,$P=7WQABRG@G'-`$]%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!5>]LX;Z$13AMH8."CE2".001S5BB@#-_L.QX(6
M82!BQE\]_,.1@Y;.<8[4BZ#IR^6!"VR/&(_,;8<="1G!(]ZTZ*`,Y=#L5C9-
MDISM"L9F+(%Y4*<Y7'M4L>F6D=E)9B,M!(6+AW+%B3DG).<YJY10!2@TJT@E
M255=I58MYCR,S$D;>23SQQ4T-G!!9K:1)B%5V!<D\?6IZ*`,\Z+8DQ_NF`C5
M$VB1@K!?N[AG#8]Z8^@:>^\>7*`^X,JS.`0QR5X/3.3CIR?6M.B@"G_9=I]C
MFM?+/DSG+KN//`'7\!1/I=E<W$D\T`:22+R7.2,IG./S'7K5RB@"A'I%HC(X
M$K2)()1(TK%RV,<G.2,<8Z8J1M-M7M9[9H\QSN7D&XY+$YSG\ORJW10!F?V#
M8;BP64-_`1,V8^<_)S\O/I3FT2Q:&.()(JHI3*2LI92<L&(.2">>:T::74.$
M+#<02%SR0,9/ZC\Z`*$NB6,C.P62-G.X^7*R<XVG&#QD``^N!Z5+-IEK-%!&
M4=!;C;$8Y&0J,8QD'.,5<HH`S8]#L(GA:.-U$6TJ@D;:2OW21G!(]ZEN-+M+
MFX\^5&+';N`=@K[3E=R@X./>KM%`%4:?:BR:S\K-N^XE"3_$23SUZFHX-)M(
M)/,"/)(0P9I7+ELX!R3UX4"KU%`%.TTRUL]_DJ^64)EY&<A1T4$G@#/2GVMA
M;VFWR$*[8EA7))PJYP/UJS10!5&G6HMGM_)!C<NQ#<\L23SVZU/%&D,211KM
M1`%4>@%/HH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`JG+_R&+;_KWE_]"CJY
M6#XBNIK.[LY+=]C&.52<`\93U^E`&]17'?VYJ/\`S\?^.+_A1_;FH_\`/Q_X
MXO\`A0!V-%<=_;FH_P#/Q_XXO^%']N:C_P`_'_CB_P"%`'8T5QW]N:C_`,_'
M_CB_X4?VYJ/_`#\?^.+_`(4`=C17'?VYJ/\`S\?^.+_A1_;FH_\`/Q_XXO\`
MA0!V-%<=_;FH_P#/Q_XXO^%']N:C_P`_'_CB_P"%`'8T5QW]N:C_`,_'_CB_
MX4?VYJ/_`#\?^.+_`(4`=C17'?VYJ/\`S\?^.+_A1_;FH_\`/Q_XXO\`A0!V
M-%<=_;FH_P#/Q_XXO^%']N:C_P`_'_CB_P"%`'8T5REGK%_+>P1O/E7D52-B
M\@GZ5U.]0&)887KSTH`=12$@#)(`ZYI"Z#JZ\#=U[>M`#J*0$$9'(I:`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`9+(L,3RR'"(I9CZ`5R>GZ
M[J"6TX>.1[F2198TG1@0CYR%'!8`CC'K[5ULD:2QM'(BNC##*PR"/0BH;BQM
M+H8N+6&4;=HWH#@>E`'-0^))Q&CQ"*97E+/R[84N%&#@;1UQGZ8JW>K?3:W<
M+9M=;XQ#M*S`1("3NW*3SD#L#6N=+T\E";&V)3[O[I?E^G%6!&BNSJBAVQN8
M#DXZ9H`YR'Q%=37)@2*`F5E$$F&"X)89.>6'R]1BJ(U"^N)C*UQB./<Q2&=B
M"WF*O!'4<\"NH_LK3]DB?8;;;+]\>4/FYSS4BV-HJ[5M8`,8P(QZY_F`?PH`
MJZ3J$U]EY1`J.N^)58[PN2/F!^G7\*S?%G^OLO\`=D_FE;T%K;V[R/!!'&TI
MW.44`L?4UC^(K6:\N[..W3>PCE8C('&4]?K0!S=%:/\`8>H_\^__`(^O^-']
MAZC_`,^__CZ_XTP,ZBM'^P]1_P"??_Q]?\:/[#U'_GW_`/'U_P`:`,ZBM'^P
M]1_Y]_\`Q]?\:/[#U'_GW_\`'U_QH`SJ*T?[#U'_`)]__'U_QH_L/4?^??\`
M\?7_`!H`SJ*T?[#U'_GW_P#'U_QH_L/4?^??_P`?7_&@#.HK1_L/4?\`GW_\
M?7_&C^P]1_Y]_P#Q]?\`&@#.HK1_L/4?^??_`,?7_&C^P]1_Y]__`!]?\:`,
MZBM'^P]1_P"??_Q]?\:/[#U'_GW_`/'U_P`:`*^G_P#(1M?^NJ?S%5KEK7^T
MIO(#&P:6(W6=PV@2G<),]22?RK7L]'OXKV"1X,*DBL3O7@`_6NIV*0P*C#=>
M.M(#BWG,G@^SMS*%*2Q>?O!(2%G.TL.XP!55K7R].MK]<XF@=6@4'F)/O$,3
MG:0HP.V^N^VJ<\#D8/'6@HA.2JYQC..WI0!5TJ\%_I\5R(Q'NR-H;(&"1P>X
MXJY2*H50J@`#@`=J6@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"J<O_(8MO\`KWE_]"CJY5.7_D,6W_7O+_Z%'0!<HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`I.G6EJ*ZB,]K-"&VF1&4'TR,4`58
M=:TZ?S/+NE(C!9B00,=,C(Y'N,U:AGCG#F)MVQRC<8PPZBN;O=.O=0LH86L#
M$;2W,>"ZXD;Y<!>>GRYYQVIMQHM\%GDLXFAEF>7=^\'*$J57KCH#^=`'5U1M
M=7LKRX,%O([N,_\`+)P..O)&*S?#6ES6DMQ<743H['$6]AE4],`D#MQ5:'3K
MZ.RFB$-]YN2P5IX_*/[S=\HW9!(]?6@#J:*Y%-)O99KN\N;.8B2Z#B`RJ6:'
MDE1\V!SM.,]JAMK#47N9HHTD2\CV8G,H(B78?E//)Y`XSG\*`.TKF_%G^OLO
M]V3^:59\,V=W9P3BZ5T#,NU7(Z@88X!/4^_/6JWBS_7V7^[)_-*`,&BBBF`4
M444`%%%%`!1110`4444`%%%%`!1110`5V-WK=A9W?V6>8K+C)`0D#@D`D#J<
M'`KCJZ+4([R?Q%;`Z>[V,3*_F*RC<_9F[D+D\4@-#3]9LM129[>1ML&/,+H5
MV]^_TJ%/$FENB.L[8=P@!C8$9Q@D8X'(Y]Z9ID=Y:V0WVFZYNI999BSC"$YV
MY]L!1Q65'I-S/!?7%S8LD\DJ-;HTFXI)@`DD'[@."`>R]*`.HMKF.ZB,D))0
M,RYQU()!Q[9%35C>'8;^V%Q;7:D00L$M\A?N@GICJ,;>3SDFMF@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`K'UB
MP_M#4+2'S/+VQ2MG;GN@_K6Q5.7_`)#%M_U[R_\`H4=`&5_PC'_3Y_Y"_P#K
MT?\`",?]/G_D+_Z]=#10!SW_``C'_3Y_Y"_^O1_PC'_3Y_Y"_P#KUT-%`'/?
M\(Q_T^?^0O\`Z]'_``C'_3Y_Y"_^O70T4`<]_P`(Q_T^?^0O_KT?\(Q_T^?^
M0O\`Z]=#10!SW_",?]/G_D+_`.O1_P`(Q_T^?^0O_KUT-%`'/?\`",?]/G_D
M+_Z]'_",?]/G_D+_`.O70T4`<]_PC'_3Y_Y"_P#KT?\`",?]/G_D+_Z]=#10
M!SW_``C'_3Y_Y"_^O70T44`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`
M!1110`4444`%%%%`!1110`4444`%%9`\0V:WEU!.3$L#!5<Y/F'G.`!V((JQ
M'K6G2023)=*T<9`8@'OTP,<Y]J`+]%92Z_I\DH$-Q&\85FDDR0%P/IS4W]M:
M<!$?M2_O3A>#ZXYXXYXYQ0!?K-O[J&SU2UDN'V*895!P3SNC]/I5FTO[6],@
MMIA(8SAL`\=<?4<'GVK$\6?Z^R_W9/YI0!I_VYIW_/Q_XXW^%']N:=_S\?\`
MCC?X5QU%,#L?[<T[_GX_\<;_``H_MS3O^?C_`,<;_"N.HH`['^W-._Y^/_'&
M_P`*/[<T[_GX_P#'&_PKCJ*`.Q_MS3O^?C_QQO\`"C^W-._Y^/\`QQO\*XZB
M@#L?[<T[_GX_\<;_``H_MS3O^?C_`,<;_"N.HH`['^W-._Y^/_'&_P`*/[<T
M[_GX_P#'&_PKCJ*`.Q_MS3O^?C_QQO\`"C^W-._Y^/\`QQO\*XZB@#LX]8L)
M9%C2?+.0H&QN2?PJ_7#:?_R$;7_KJG\Q6ZWB6/=*J6%X[(-R@(`70$@MUX`(
M[^U(#<HK+.M1#1X-0,$P\\JL4.!O8L<*/3GK]*JKXKLG/R13$>3Y@X'+<?)C
M/7D#TS0!O44@)(!(P>XI:`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"D^E+10!@P^%X(;JTNEF8W$+EY7.2)23D\;L+S3#X9_P!%6,70
M9XTA"DH0,Q[NN&!P=Y[\5T-%`'/IX8"645N+OF,NP81]2=I'&>@*]*==Z#=7
MKQ//?J2O+*(B%!W;OE`8?3G)K>HH`S-(TI].DG9K@2+)C"*A50><MC)&3GM@
M<=*SO%G^OLO]V3^:5TE96IV,5_J5I%*SJHAE;Y2`<YC_`,:`.2HKJ?\`A&[/
M_GK/_P!]#_"C_A&[/_GK/_WT/\*8'+45U/\`PC=G_P`]9_\`OH?X4?\`"-V?
M_/6?_OH?X4`<M174_P#"-V?_`#UG_P"^A_A1_P`(W9_\]9_^^A_A0!RU%=3_
M`,(W9_\`/6?_`+Z'^%'_``C=G_SUG_[Z'^%`'+45U/\`PC=G_P`]9_\`OH?X
M4?\`"-V?_/6?_OH?X4`<M174_P#"-V?_`#UG_P"^A_A1_P`(W9_\]9_^^A_A
M0!RU%=3_`,(W9_\`/6?_`+Z'^%'_``C=G_SUG_[Z'^%`'/Z?_P`A&U_ZZI_,
M5HC2M9F74S<BV\V\38LHD)*KD?*..!MW?4UI0^'[2&:.59)BR,&&6&,@_2M:
MD!D:Q87=PEM'9+`([5DF0.2,NI&%^F,_I6>_AR==-M;>'R5N8HW9[@#!+\E5
M!ZX#-G_@(KIZ*`*>DPW%OIT45VY>89R2Q8@9)`R>N!@9]JN444`%%%%`!111
M0`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%4Y?^
M0Q;?]>\O_H4=7*RM3OHK#4K265793#*OR@$YS'_A0!JT5C?\))9_\\I_^^1_
MC1_PDEG_`,\I_P#OD?XT`;-%8W_"26?_`#RG_P"^1_C1_P`))9_\\I_^^1_C
M0!LT5C?\))9_\\I_^^1_C5S3]2AU#S/)61?+QG>`.N??VH`NT444`%%%%`!1
M110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%
M%`!1110`4444`4]7NGL=+N+F(*7C7(W@D?CBJ-AK0:)FNIX9CAV!MXF4`*`3
MG<>O-:=[:I>VDEM(S*L@P2N,CZ9JE=:,;N,+-J%VS`,H?$8.UAAEX7'/YT`1
M_P#"1VA+;8;EMI(^6/.<#+$<]AC/U%&KZVNGBR>()(D[!F)/2+C+#W^84YM!
M@\E8XIYXF!<^8I7=A\;EY&,'`]^*DGT.QN3^_B$BB`0(K@$1@9Y7(X/O["@"
M"3Q+8QWLEJZSAHWV,Y3Y1SCKGUI+C7))!+%IUI)+<Q,N8Y05RF<$C&3V/7'X
M]"G_``C%GOC?S9BRGYF;:2XSG!.WCGTQU-6-+T2WTR=Y89)79UVX;;@#.>P!
M)YZG)H`FLKB\FN[N.YMEBBC8"%PQ.\8Y[>O^>YR/%G^OLO\`=D_FE=)7-^+/
M]?9?[LG\TH`P:***8!1110`5JZ7=366FZC<6T/G2HJD+G`'#<GV%95;OAV%;
MFVU"!R0LJ!"1U`(84`)?^(+NVCM'C2(C[*EU/N!^8%E7"^GWB?PJ[?ZRT.NV
M6G0!6\QOW['^'()4?4X)_P#UTZZ\/6MT+4/)*!!&L1VD?O4!!"MQZJ#Q2-X;
ML9+J&ZFWRW$<GF&5CEG]`?8<8^@I`4K+7+QKU;?4!':CS6):1=GR`8"C)Y)8
M@`]\&NEK'U'P_!J,LDDTT@=W4Y7'"A2NWG_>8Y]36Q0`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1
M110`4444`%%%%`!5"ZABFU:U66-)%$$IPR@C.Z.K]4Y?^0Q;?]>\O_H4=`#_
M`+!9_P#/I!_W[%'V"S_Y](/^_8JS10!6^P6?_/I!_P!^Q1]@L_\`GT@_[]BK
M-%`%;[!9_P#/I!_W[%216\,&?)BCCW==B@9J6B@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHK#\3+$Z6JS20HOF$[;DD0OQT8@\'N/I6//XAGL]-1(YA"^Z$1K-AV$94Y;M
MD9'6@#M**Y,ZQ??Z0RWJM!;QL5E2)3YWS[0?3'OTXSTIEKK6I3*9/M*%8,$_
M(I\S,NWDCCIW%`'7T5PE]K5U=P7`:Y!A5E?!55P-Q&T@'@=.#S5LZU?QQ[(I
MXEDR4\G8"85!4*Y[X.>_KQ0!V%%<C=:[?6TZ0?:5+QRE&)C4>8!)M]>3C/"C
MCK4ECH`O["&X-Y<1%XU&U'8`;6R._K_CUYH`ZJL37;Z6PO;.6)49C'*OS`D8
MRG^%7K+3A9W=W.)I)/M+!BKL2%P,<9/T_*LCQ9_K[+_=D_FE`&IHU]+?VC2R
MJBL'*_*"!C`_QK0KF+&6Z@\,WDMEL$R,S;GZ*`H)/N:N7NKM8>&H+MW4W$T2
M*A;@&1EZGVZG\*`-NBN)35M5%I!=M=#[--;B/S?E(5\?,V!SN7#GZ"NOM+B*
MZMDF@<O&PX8@@\<'.>^10!/1110`4444`%%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`A`(P1FH[BWBN
M8C',FY3C(SCH<_S`J6B@!-HV[<#&,8HI:*`$``Z#%&!G..?6EHH`3`SG'(I:
M**`"N>\3PRS7-FL4;R,$D.%4DXRE=#5.7_D,6W_7O+_Z%'0!2T*T8Z5/;W43
MH)'8%6!4E2H%74TNS167R0RLBH5<EAA00,9Z<$\U<HH`SCHMB;:*W,1\F*)H
ME3<<`,,$_7W]S5JSM8K*V2W@!")G&3DDDY))]R34]%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`45#+=6\$B1S3Q1O(<(KN`6^@[T\2QM*8A(AD49*!AD#Z4`/HHJ)
MKB%-^Z:-?+`+Y8#;GIGTH`EHI&8*,L0.<<TUI$618V=0[YVJ3RV.N!0`^BBD
M9@HRQ`YQS0`M4Y?^0Q;?]>\O_H4=7*Y[Q/-+#<V;12/&Q2095B#C*4`=#17#
M?;[S_G[G_P"_AK;\-W,LHNC/,[A=N"[$XZ^M`&]12%@%+$@`=S2%T!(+*"!D
M\]O6@!U%("",CD4M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`
M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`'.ZK$!<ZD)[.6X>Z@5+9EB+
MC."-N0/EY.<G'Z5FV]AJ%MJ-Y,IO!*A0A@&VR$LN>V&&,UVE%`''VO\`;5Q<
MB*>2[C5Y5$Q0,-G+9P2!@8QTXZ5+KEC>M>WMS:Q2N&CCB9`"=ZG.2/4@@?@3
M75T4`<;"-5N)E^V_:BJ7$;R*J/A6#G...F/3(Z&KNK1:A)K:W\$!:&P*`#YM
M[@_?V`#YN&Q^%=+10!Q#S:NN_P"?46VON^XZ[CS\OW3M/3^\AR.E20C5;F5?
MMHNMJ3Q/(JH_R-O.<<=,?W<CH:[.B@##\.R7C2W:W1N7`((>8%<')R`".#TS
M@E>F*K^+/]?9?[LG\TKI*P?$5K->7=G';IO81RL1D#C*>OUH`YNKUM]E_LN\
M%X0(R\8!8$H&RV"^/X<]:?\`V'J/_/O_`./K_C6OH%A<6@N!=1!1)MP"0<XS
MGI]:8&;%<V1\)V5M?L59HPRK)N*\-A6;&/DSC\"*ROLAATRTOB\C&6V9'A(^
M8QH/G.[^Z0H`&.-]=^55A@J#QCD=J"BDY*@G&,X[>E("KI5X+_3XKD1B/=D;
M0V0,$C@]QQ5RD50JA5``'``[4M`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`53E_P"0Q;?]>\O_`*%'5RB@`HHHH`****`"BBB@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHJE?Z>
M+V:UD,TD?V>3S`$8@-['!^O^<T`7:*X)DN59HP'"*QTD8Z88D[ORVU.NM7\N
M`T4;M$X=(>"8V`?"<=.G?F@#MJ*XLZA>7%V'BU%)3;1R.LJQK@_NU8KCIUXI
M;*ZNQ+:Q17:F:4^6\Q0,1F1\C'X4`=G17(+KU\WE,]U%$YVJ(C'GS!L)+^N,
MC''I5FSU2]NM.B"W0\][M86F"(P`*YX(X/Z>A'%`'345R,>N7PT]GFNE#R)`
MZN(U`3?NR,DX`^7J?7Z5:TG5M0N[JS@E*D31B=G"?P`%6'UW!?SH`Z2BN(M=
M8N[73XXK>XCE0A0[X4?9LLPP2>.<=ZTYM3U"33;&6.9(I)()99"$!#;!D8SZ
M_P!:`.DHKCV\0ZD;B8#RT`!&T@$Q+E?WF.N,$GGBFR>(;M&C6.]27$I&[8@$
MJ[PH[\\9^Z/?I0!V5%<18:C>VD4[0L)G><P$E<GS&SL)^AX_&M:PU6]E\0R6
M<I3RE+KLXW`+C#8'(S[\<\4`=#17)Q:QJ-Q+!#'=QAYW428C!-L26!0^^!WY
MXJSJ-[J"ZD\,%V(HQ*L('E!B,Q,Y//NOZT`='17%VWB+4;EMT4JL?(,IBV*,
M%55B`,YY^89/7M6P;V]GTRRFCE$+WEP`K;`=L;;BO![[0*`-RBN0&M7\\8!N
M$21E5%B5!ND!0YD'?@_AQ3[^\N+;2M$G@NLG9AF(!!RF"3]!D_A0!UE%<5<Z
MS<QW:2?V@-I#PQ2A4"R@./FY.T<<9Z<>]:WAFYEO5NYY6'FR",E@.^SKB@#?
MHKC;E5BMFCN9W:!9KK+N^"T@'R=,<]<>_2H8+<WMG*#=;"MN);QGR1Y@9L[A
MGAL9...BT`=Q17-Z/J,PMM0C^SLUY$C3-ELEGP<*1CC&`!Z@9JA!K$EK/=SM
M?Q2K(A)FPH!<1`JOIG.1CVH`[.BN;TG6+ZZUG[/-L$9#`Q\94`##<<C.>_'/
M%5&U2[M=4OXENU`6?='$Z@F4DJ-@[\#'3UH`Z^BN>U"_O8M0G"W:06J2QQ%B
MBXC#+DL2?<`?\"JD?$5V+4[YHUG)4QKM`+IL8[@/0D`T`==17'WVIWZVTUM<
M7D:(8F9IR@&28@PC].23[\5%%J5_;6MPUFZ*(%\SR_+W>8Q?;@]_RH`[6BL3
M0M3-S)-%-?Q7)#*(V`5=Q*;F`QUQS^54K[7;B*2:".YA29'F!#`?*H*[2?3@
M]3Q^`-`'445R.G:_?W&I6T+.K(7$9#!09!\V6&"<XQC(^7CMFK6KZE=QWT]O
M%<+$1M1(=H+.I0DR#OP?PXH`Z2BN0DU";2;/2[:VF5<PI(RE%`?<PSU.3U/0
M9[DU(NM:C;VXNIY5FC$:SR*(P"$+LI`_0_A0!U=%067GFR@-T09R@,F!CYL<
MU/0`4444`%%%%`!5/4]2M],MFFG8`X)1><L0,XX_G5RL[5M->_"-#,L4BH\>
M73>-K@!N,CG@8H`!K=@J$RW"1LJ!W4Y.W.._?&13(]7L)X)S-(D<8X;)/*D[
M03P,9Z8[5G_\(HOG,WVD;"=PS&2<D@G.6QCCL!U[XJQ<>'5GG68731L))9,J
MO][D=_X6`-`$=MJ>EV$86R>2=IBVYI&8G*ID9+<XQ@"M#^V;%8$DDG5=V?E&
M2<@@$=.<$C\ZS8/#,D2MF\4NV=W[HD<QE#U8G/?K2W'A:.65YEN/GRC(K*=J
ML!ALX(.&P.XQB@"TLFDW6K12)<&2X8!T0.VPG:<''3=MS[XJ_+=VUNS))(J%
M5#$8Z`G`/YUC1Z!<V+QS65U&9(DP`8RN\X(PV&P5R<\@D8X-7-3TJ6]N!)%<
MK$K(J2!H]Q(5]PQR,<\=Z`'_`-N:8\;O]J5E4@'Y3DD],#'/0]/2JTVJZ7;2
MW%\DYGF\I3@,2-O'"]NX)Q4<OAPM!'&MRA,<83#Q9#88G/#`CKV(/'6H(_"9
M3>&OC(65L2.A+EFQDGYL8X[8//6@"[;^(+.<,S+Y<)3<68').XKC&.>E3R:W
M:">UAAD69[AE`VG@`@G.<8[=*H3>&6E1,W2EH^4S&0/O,W.&R?O$<$4^T\/-
M:2P>7=)Y22++(IBY9U4KP<\#!Z<]*`)9]7TRX^U6ES*8BC-&WW@Q"\Y!'3GI
M_P#7IBZKI>G6*?99/.9W.`Q;>S%@&+$C(.3WI9=!D:>_FCO-C72X7"$%.03S
MGD'&.,5!'X9DB0A+R,&4CS<PD\!]X"_-QSD<YX/M0!IMK6G*)";I?W;!6`!)
MSST&.>AZ>E/GU*RMH8[B6=%CF`*,.=PQG/';'.:QD\*>6CJEQ&1P$#Q$\`D\
MG=G//52O3W-7[G29I+:U6.\_?P1-$994W[PP`8XR.>,]:`+*ZG8L+AEG3$'^
MM;!P#]>]4;KQ-907%M&N9$FZN`?DYQTQG.1TJ6/1$BTF6P28X>3S%<KT(((R
M,\]!]:@3P_)]N@O);M3(LAED58L!B3VYXQ^-`%FZU#3+B$P/=A5GCW9C8@E<
M9ZCIP#QUILFM6D"V"6P#Q7#%48Y551>IZ=O\FJ!\)C<,70P5^8F,D[@I`Q\V
M`.?3/'7FM6?33+':JDYB-O&R!E7GE-N1Z8ZT`-_MS3#%Y_VI`H;;DJ01QGIC
M.,<YZ4RT\0Z=<QJWGA"=QVL#T&>_3H,XJE;>'+BU;S8KZ,3G(R82RX*A3P6)
M)X!Y/X8H_P"$9?RY8?MJ^3,YD8>3\V[!"X.[IR,_3MF@#3MM6TZZDC@@G5V<
M91=I&<?4>@S].:OUCIHTD>I174=RJ"-`NT1D%L+M`.#@KGGD9XX-:T8<1J)&
M5GP-Q48!/?`R<?G0`I`/49I"BL""H(/4$=:=10`T(H9F"@,W4@<FEVC&,#&<
MTM%`"8&<XY]:"`<9'3I2T4`(0""",@]J,#.<<^M+10`A`/49I'19$9'&58$$
M>U.HH`IVFF6UI@HKNX;=OD<NV<;>I]N*MX&2<#GK2T4`(%`Q@#@8'M1@9SCG
MUI:*`$P,YQR*AN[6.\B$<VXH&#%0Q&['8^H]JGHH`****`"BBB@`HHHH`*I7
M^GB]FM)#-)']FD\P!&(#>QP?\_G5VJ5_?FSFM(Q;R3?:)/+)0C">YS_G]`0#
M$N_#]G!+8B=3<M->G<TI).TH[;>3TSS56>_O-+>1;>55@GNY4`*J!"`R_-N/
M'?'/'(K6M_$$MS<B"/3)U=O,"EV4+E>F3SC/_P"K/6HXO$;"55U&S2UA=Y(]
MXF,GS(<,,!>GO0`R]>74_#M@T\<3R3S1;E;(1N>_L:KS:A+H\<EE$;>WD1P8
MX8QD;2C,2,\D;AUKH8M0M)KHVT<Z-,!G:/Z'H>HJC8:RUU,/.MX88V8QHXGW
MN6!QC;CC.#0!CWVIWZVTUM<7D:(8F9IR@&28@PC].23[\59TVZDM-9ALEF!@
MF`8QA06W%-Q)Z$#CJ,CL>:UUUG39)1$+J,L1D9!`Z9Z].V?PJO%K]O-/*R)_
MHL7W[@Y`'`(XQW)Q[T`9=UKU_%J-U&"B1Q,PV'!**I7Y_7!!/7CGCI2OK5]-
M+=26MU&;>'<050,"OF;=V?0#G\*WVU*R6S6\:9?)<[0VTDDY(QC&<YSQ]:8=
M8TY+=9OM48A.<,,XXQG^8H`RYM7G316F%TK'[3Y,=RJKAU_O9)VCN,]./>J*
M:WJCV1N3.@7,4;855"[ADN2W`Z8YXYK?.M:6%4&Y0`J6`VG@#KD8XY'>@Z[I
M>U=]V@#@_>!&!G!SD<<\<T`8MIK][/J-A$\J`2;%DCVJ`V03N'.X]N1QVYI3
MJ%Y#>78@E2.*&4NR;`=Y,NWD]N*U)/$-B"A@;S6?>,X*XVKNYR.`>/SJ1M>T
MV/"S7*)(0/E`)Y(Z#`Y//:@#`N]?U6+<N5B$):%Y6"@&1<GOZ@KP/?%+<ZM>
M7$6HPR7`3$)95C4?N\%<Y_B'4CD8/4'BMZXUS3XXSMG25S'YJ*,X;@L!G&`>
M/K3Y]4AM5MY9]L<<T9=F+?=P![<]:`.>.M:K'"MP+A9\I%*(A$/GWNR;<_@#
M]:2WUO5+F,A;J,;4>3>J*V=J!MO''4_7GGFNDAU>PG7='<J1O\OD$8;!.#GI
MP#^5,_MS3%B$GVI`A8CH>O4DC'`YSGI0!S]MJUW%JNUKH&.6Y&Z+:"WS;1@`
MX)&#V.1U(Q5G6M:U*QU1[:!`Z$;E)4<;@%0?]]Y/TK0A\2:7+&'DF\MLG"LI
M)&"1V'4@9Q5M]6L(W5&N4!=/,'H5QGK]!G%`'/2ZOJCZT+&.X2$-.8CE%9@H
MQAL=1GKSQR,=ZO>'M5O+^\GCN=F%3=L&,QMN(VG'T[\\5=M=;L;R_%M;/YC&
M(N6"D<`C`Z>^?_UU+'JVGORES&=VT_\`?2DC]%)_"@#"TC4+S?;@2H+<2QQ>
M4$'\2DDYZ]14!O[ZUO\`6OLL@$<,ID*;0<DA5SD]`!S^%=!_;VF>7YGVM0N[
M;RI!Z9Z8Z8/7I3KS5[:TNX;4L&ED<*PSC8""<DXQVZ4`<R-9N@[7#SJLA01+
M,H0@CS&YR3M'3KTJ>WUO5'MQ="1),;$$(C'SL8RW7KU`K<.N:4L2L;I`A.T#
M:>P!Z8Z8P<U(^LZ=&\BO=H#&,MUQV[]^HZ>M`&=X>NTENKPR7L5Q)*T>U@0-
MQ\L$@`>G/Y5G6MM<V=D=3MDA@"F0,ZL6,FZ3&YEP``HR>IZ5LOK>EO)"T<D<
MC(Y/.5V`@[FY')Z@CKS4YUW3!!YWVM=F[;]TYZ9Z8SC'.>E`'/W>H7]W;7D:
M7Z^1!$S>=&@_?#?C.>PZ]/2I1K]Q+Y,8NXHP547$N%/D$LP)/8=`.?6MB'7;
M!Y7B,HC*2^4N0<-C'/H!DXJ"YO[/4&N;>,LPMX_/,L<AC.X$C@X]NO(H`PI]
M?O)X4C-PK"2`B1=BKNRC'(YW>G(P.W6M'4]6N+$Z?%;S!,Q1LRLJX<$@=2<G
MC/`''4UJZ7>Z<P2SM'17C3'EC)QCJ,GKC/ZU!'XBLVU:6RD!B,3;!(V<%LXQ
MTXY[Y]*`,Q-7U$)")KN-$N`CM,8U`@4LP^G8#GN:;((I?#VDB>:$*<G_`$C(
MA<X/#$'@]Q]*Z$:E:3)<"&196@4ET]>OYC@C-9\'B6UF2P+H$6ZB>5B6R(MO
MX<\@C\*`,>WU*:W#-'.;2-XU8R3X<Y6(;5R<9SS[G%3W.NZJC&,H(MC+YKD*
M`@DP4Y;@8^9>>];ZZOI\FP"X0E\;5P<D[L8QCKGMVJ)==L/)0W,\43.FXH3N
M&.>,X[X/'>@#".L:C-9232RQF,J(S$(^&W1L=V>O8?G5C3=<D_M58);F-;58
MV#*X50FT+SUR._)Z]JV%US36:-1=+F3A05([XYXXYXYJ5]2LH[PVKSHL_=2"
M.V1D].@_2@"Y16<==TP1B0W:!2VWH?3/3'`P<YZ58M=0M;R22.WF61H_O`?E
MGW''44`6:***`"BBB@`HHHH`****`"LAM$W!A]HZFX/W.GFGZ]OU]JUZ*`,3
M3_#XL=2%T)PZC<0-IW;F'/.2,?0#K[5(-#6*TB6W>)+F*7S1,8?O').&`()'
M/K6O10!@)X946;6\MT7#,I9A'@D!"I'7WS4\>C3?8[R*:YB=[C8,B#"@*`!D
M$G.0/4>U;%%`&.^C2/H\=DURKNC[]TB%EZG"CYMP`S@'=GCK6?<>'+U+39'>
MBX*$E-T?S,S%=Q8EL'[N:ZBB@##_`+!F*W4AO`MQ<IAF2,J`=V3CG.,<=<^]
M0IX89;6YB%Z%>9-H=8B-AW[\C+9_6NBHH`YV#PS)$K9O%+MG=^Z)',90]6)S
MWZU-!H$D-Q`?M2F""4S*GE?,6/7)STXXX[UN44`<T_A:1R@-_E$7"@QDXX(X
M^;`'.>F?>M"_T;[;%:H9]GD+M^YG=]WW_P!G]:U:*`,/_A'(VOI[B2Y=EF21
M=@7&"Y/.<]0&8?C58>%I%APMY&LF[AUB8%<#`(.[<&[]<<]*Z6B@#"M_#I@.
M3=!O](\X?NL<;67'7_:Z^W2H&\*!C&!=#`B1&)C))94V`CYL`=^F>.O-=)10
M!F6FE-:ZA]J6<%3'Y939_LJ.#G_9].]4;;PLEM>27,=VX9A)MPO*%AA2.?X0
M2!]>U=#10!S(\+3"(@7R"0L&WB)LJ=H&0V_=GC/7'J/2Y?:";NXD/VD+!,P>
M52F7+!"G#9XX/IU%;5%`'/6OAGR=Q:Y4LT;Q_+&<8*[0>6)SWZ]^U*WAMF58
MC=KY".9$'E?-N)!;)SR.#CZ^U=!10!S]UX9^T2A_M>W#3-CR\_ZQMWKV_6B]
M\.27(8)>[$8!64H<<(%SPPR>,C/'/0UT%%`'-OX4W7)E^U*0Q&X&,]!@\?-C
M.0>H/7VJU:Z&\"3QFY4QM;&VB`CP57)().>3S[=*VJ*`,JRT;[)+"_G[_*:1
ML;,9WX]^V*B?0"]U>S?:1BY*D#R^4PP;KGGI[5M44`8FF^'Q8&XQ.&62(Q)\
MIR%))R22<GGM@<53/@^,JP-XW;'R=,#Z]-Q)_''O73T4`8-OX=>*2VE^UJ'M
MY&E4+%\NYC\W4DD;1CKGO3?^$>N8K=X+?4!&D@&\^5\Q(&.#NX!'7'/OS704
M4`8%OX;,,<JFZ!,@'2(@#Y]_=B?;K3KK1I[_`%"\$T@CLY61L!?F8A,<'/')
M].U;M%`'-#PM(L.%O(UDW<.L3`K@8!!W;@W?KCGI5[3](FL9$872.L2"&,&+
8GR]V3D[N6[9Z>U:]%`!1110`4444`?_9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>tlgim_a1014x4x2.jpg
<TEXT>
begin 644 tlgim_a1014x4x2.jpg
M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP.
M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@`
MMP%;`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D*
M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(!
M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P#
M`0`"$0,1`#\`]`HK%UW5;BPO+&"&6TA6X\S=+=9VKM`(Y!'K4&G>)EELU:YB
M,ERTKQHEJA;S0O5U'IS0!T-%9+^(;$+;&(3SFY4M&L499CCKQVQ_2LNY\47+
M0.+>U>.7[;]F5FB+`#Z<9;C[M`'545DQ:_9O.D)\WE_)\_RB(C)_=SZU6L]<
MEFU+[/,847[5<0_<.2L8!!SG`///]*`-^BLNSUVSO+B.&,3+YN?)D>,JDN.N
MT]ZI:UKD]AJZVB3V5O$;<2[[E&.3N(P,'VH`Z&BL*T\1HUC8R7-O*;FZ1F6*
M!"^<'&1^'-6H==LIKW[,OFC+%%E*$1NPZJ&[F@#3HK"NO$D2VUUY$4J7$<#3
M1BXB*K(!W'?'Y5-'X@M#927+ERL(42,B':7./E7U.30!KT5@VWB-&GU)KI&@
MM[41;5>,B3+`\$>N1QBK*:_9LIWK-"ZRI$\<L>UD+?=)'H?6@#5HK,AUZQGD
M$<3LSFX-N`%_B`R3],=ZCM?$%K>O'';I,&G1FA:2,JDA7J`?;Z4`:]%9^CW5
MY=6[O>VWV=PQ`!SDCJ."!V('Y].E:%`!1110`4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!0O=,2\U&RNI&4K:B0&-
MDR'W`#\,8J.^TIYKJWNK*X6UG@0QC,>Y2I[8R*JZS>W<6J16]O).J&!I"((5
MD8D,!T/;FHH_$P2&T\^-&:2.,R%7P06.#A>O!ZYQ^-`%FQT!+*XLYEG+FV20
M-N7EV<Y+=>/I4:^'I!,S&\'E_P!H"^5?*Y!YRN<^XY]O>F-XIB1IDDMBCHP1
M4:0!B<X^8=1TSGFFS^(I)K"=K*V8SQP22/EAB/;D`CCYO7Z4`2KX=82+$;PF
MQ6X^T"#R_FW9SC=GIGVI8O#BI?BY>YWKY]Q*4V8R)0!C.>V.O?VJY-J$D26B
M1P>?<7*Y"[MHX&22?QJFGB-9!YB6CF!?+\QRX!3>=HX[X-`"V.@R6\UIY]Z9
MX++=]GC\L*1GCYCGG`^E2WNE74VK?VA:7RV[^0("K0>9D;B<]1ZT:X]Y";>2
MUO#"LDT<)7RU;[S8)Y'O5&X\07$&EF182S/&[03.1^\VGDE1TXY`H`LZ=X=6
MPN;687)D,`DW93&\N>3UX^E0VWA@6]Z95N5\H.SJ/)'F`G/\?L3D<9I]SXB\
MFX:V:$))RF1(&*OL+<CT[?TI+O4[Z*UTB6W42O.N^5,<N!'N('H>N*`*T?A%
ME1PUY'N:!X"RP8+;C]YCNY-6/^$85+:6W@NC%"_ENBB/(25<?,.>^.1^M,C\
M2HJ2OE9Q)<E(.=HV!$;DX_VOUJYI6K2:A>SCRA';+#'(I8X8$YR#^1_+WH`K
MMX=DG^VR7-]OGN3$X=(MHC:/."!DYZU(=`>>"^-W=^9<W:JIE6/:J!?NX7/K
MSUJII_B1I7O6?$ZA#-;QQCYMH8C:??&UOH3Z5+_PE";(7^S#;(Q4OYR[000,
M!NF><X.*`)--\-1:?J$-VLY?RH=FW;C+]"_7N.WZU)::$+8Z5BXW?V>)!_J\
M>9N&/7C]:CG\1HEY-;10%RC-&&+?Q@$\C^[GC--LO$$CO807-MLDN(T8N7"A
MBPZJ#U^F<\XYH`WZ*R-1UV.POEMWB##Y-Q\P;AN..%[_`(X_&GZ9K`O[R>V,
M!A:+)PSC=C..5ZC]1[T`:E%<[?\`B*6/3I9X;8IYD;M;2,P.[;U)';CD?2K&
MI75Y:6UC$KR-/*2)#&BO)PI)P,!>N,]*`-JBL"WU"^OX8C!,D;"U1YBJ;OG8
M]%!_B`5N/]KFFG5+\Z7;S+Y8;[4(9BZX<#S`H&WH"0>?TZ\`'0T5AZGJ%]';
M:I/9F/;;`(N_^$A=S,..3RHP>./S2^UP0ZE:6D<T*'>GV@NP!PPX`'ZD]LCU
MH`W:***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`*=WI
MMO>3I-(9ED52@:*9HSM)R0=I'I4!T'3C@"%E0!<HLC!3M^Z2`>2/>M.B@#,_
ML&PW,WER9/W#YK?N^<_)S\O//%+)H5A)"(V23&&#,)6#.&Y(8YRV3ZUI44`5
M;FPM[F.)'#KY/^K:-RC+QC@@YZ5&-(L5A>)8=L;A`5#'^`Y7]?SJ]10!#<6T
M5RJ"9=PC=9%YQA@<@U4.AV!\P-"S+(K+L:1BJAOO;1G"Y]JT:*`,S^PK`L&9
M)6PV[#3.1NQ@MC/4CO5H6-NOV7"'_11B+D_+\NW\>*LT4`9YT6Q"L(XVB+2F
M;=%(R,'(P2"#QD=NE.72+*,.(XV020>0P5V`*=N_7D\]>35ZB@"E<Z79W4<,
M<L.5@!$85BNT8QV_#\A4!\/Z>5(996+$F0F9LRYQP_/S#@=:U**`*1TJS:Z-
MP8V+%MY3>VPMC&[;G&<=ZBBT*QB:$HDN(=I53,Q7*_=R"><=OP]!5\2H9FA!
M^=5#$8Z`Y`_D:?0!0N=(L[J=II4<LY4L%D958K]TD`X.*=:Z7:VEPT\*OO*E
M1N<L$4G)"@G@9]*NT4`9K:'I["16B9D=6789&VH&Y;:,_+GVJS>64-X$\W>&
MC.4>-RC+V.".>E6:*`*`T>Q6W:!(BB,RL-K$%2H`!!ZC&/Y^M/&FVHM5MO+/
MEB02<L22P;=DGJ3FKE%`%9K"W:TFM60F*<N9!DY.XDGG\:6:QMIFC:2%6:-@
MRGN".E6**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`**Q9]3N1KILHYK2.-=GRR(Q=\]<$'':GGQ%9X&V.X8NP$0$?,N2
M0"O/(R*`->BL)O$]H;D*A?RU5BQ*9+\X7:0>YXYJ5?$5H9`AAN5.</F/_5_-
MM^;GUH`V**QM0U2YAN9UMS:1Q6H7S#<OMWLV2%4YP..Y]:D;Q!9H[!A*%!V^
M8%RA((W`'VSS]#0!JT5D7/B.PMAE_-898?*F>`VW/T)!`IJ^)+,_>AN47&2S
M1X`RI8#KW`R*`-FBL4>)[$?ZR.XB'J\>!G;N`Z]2.13D\263LJJLYS]\[,B/
MYMOS<^N.F>M`&Q16+)K3CP\^HB)8G#E0LG3[^W.`>>.<=\5?TRZ:]T^"X<()
M'0%U1L@'N*`$B_Y#%S_U[Q?^A25<KE_$-Q-!K'[F62/=;IG8Q&?F>L[[?>?\
M_<__`'\-`'<T5PWV^\_Y^Y_^_AH^WWG_`#]S_P#?PT`=S17#?;[S_G[G_P"_
MAH^WWG_/W/\`]_#0!W-%<-]OO/\`G[G_`._AH^WWG_/W/_W\-`'<T5PWV^\_
MY^Y_^_AH^WWG_/W/_P!_#0!W-%<-]OO/^?N?_OX:/M]Y_P`_<_\`W\-`'<T5
MPWV^\_Y^Y_\`OX:/M]Y_S]S_`/?PT`=S17#?;[S_`)^Y_P#OX:/M]Y_S]S_]
M_#0!W-%<IHEW<RZK"DEQ*ZG=E6<D'Y374[U&[YA\O7GI0`ZBDZ]*;YB?WUZ;
MNO;UH`?12`@C(Y%+0`4444`%%%%`!1110`4444`%%%%`$$=LD=U-<*6WS!0P
M/0;<XQ^=4(-`MX9HI/.F;R"/)4E<1J,_*..1SWYX%:U%`'.W'AFUMX)IH'(9
M$)C#E45`#NZA>Q&<G/09Z5+I^AAK:22[F=I;@[F*N#QOWCG`!/T&/2K7B!+B
M?3OLMK'O>X=8SG.T+U;<0.!@$?C7/&;4+."*VN'N83:A8H_)W;7/F`9)Q]W8
M5`)]^]`'1WFDI=322+<3P><GES"(KB1><9R#@\]1BHO[`M=SJ7E,#*X6$D;4
M+C#$<9R?<]S6##_;<]S*)I;U-L<C,(PX42`':`2,>G`XZ>M7?,U!DNW>2]2Z
M1&<+MQ$`NTKR1C)P1QZG-`%F_P!!TM;:#[1<&WBBC$)=V0;USG!+#@YSTQU-
M6I=$M;B)@9)=LFULJP[)L&./0UG3K+<:;875QYXDD=YA(L/G"(,#M4I@DC!`
MXZ$53C?6XYH$@@D@"Q*(H55BF-ASG/`YQU.1Q0!LW/ARRNE*RM*07#]1U$80
M=O0`_7\J;'HEC"'A:Y<R2*N[+*I/S[@0`,#GC@8J@;F[AM5>)M3D4I(I\R)B
MWF%!@`8SC=GDC&?:JT-K?NMC)=_;78^5+*2K94[SD<#C`P<?C0!OKIEO+IR0
MPW,A19#+%*I5BIR3QQ@CD]<U/I6G1Z79BUA=WC5B5WXR,\XX`[YKF(GUI)H4
M`N8P$^55B8Y7:=Q(P%SGU.>GK6YX;>Y:QD%UYS,LF`\N[+#`Z!@"!G/7/.<'
M%`&5XF_Y#`_Z]T_]">LFM[7+&YO=8/V>/?LMTW?,!C+/Z_2J7]AZC_S[_P#C
MZ_XTP,ZBM'^P]1_Y]_\`Q]?\:/[#U'_GW_\`'U_QH`SJ*T?[#U'_`)]__'U_
MQH_L/4?^??\`\?7_`!H`SJ*T?[#U'_GW_P#'U_QH_L/4?^??_P`?7_&@#.HK
M1_L/4?\`GW_\?7_&C^P]1_Y]_P#Q]?\`&@#.HK1_L/4?^??_`,?7_&C^P]1_
MY]__`!]?\:`,ZBM'^P]1_P"??_Q]?\:/[#U'_GW_`/'U_P`:`,ZBM'^P]1_Y
M]_\`Q]?\:/[#U'_GW_\`'U_QH`-!_P"0Q!_P+_T$UD0SV<+7TMZC2*?F\H,0
M2XE;:DOJ>_T%='I&E7MMJ44TT.U%SD[E/8CUKHC&C9RBG)R<CK2`Y473)X12
MTTV5KR54"2M"#F-&W9(SZ8('X5E+;&/2[2^S(?-MBCP[<$QH/G.[/W2`!TZM
MFO0%55^ZH'T%'EID'8N0-HX[>E`%72KP7^GQ7(C$>[(VAL@8)'![CBKE(JA5
M"J``.`!VI:`"BBB@`HHHH`****`"BBB@`HHHH`****`"J\]E:W$T<TT$<DD7
MW&9<E:L44`%17$$5S"T,\:R1OPRMT-2T4`(````,`=J6BB@`HHHH`****`*<
M7_(8N?\`KWB_]"DJY5.+_D,7/_7O%_Z%)5R@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`*.M8_L>ZW
M2/&#&070$E??`[>OM7+1.\4H^P20Q>0)G#P'S(6Q&IPN>G;(YYS7;T@``P!@
M4`<E;:SJ-TUM$EW%YEP4\TK$/]')+93'K@=^>*O:2)+S3H[*[@-[;NS^;,SK
MA6#L=I7.<Y`_.M\`#.!UZTM`'`Z;J%QIL$4=G'%$&@1V!`S*3&27QUX(^G'-
M:9OM6$B1F_7YG1"1"O5HFDS^&,"NJP,YQSZUE3:RT<\A%HS6<,HADGWC(8D#
MA>X!(R?K0!E7-_<F6TO8V5+B73`V<9`+21YX_&EGU?5+<F%/](=GDCC8(`28
MVR<^Y3^5:&G>)+*^GDB)\DJV$WY&[K[8'0]ZM)K6G2&,)<J3(^Q0%.2>.V/<
M4`<U_P`)%J'V42-=1!0^2P"$L-H)4<[21G[N0QZ=:D@O]0BME2&^!V8+[D#$
MLTY3!^@.:V/[=@%S/;F(*\-RL1RV!AOX^GKFITUNREN+>&"3S#.[("`?E(7/
M/Z4`<X/$6J+*R,\9,9=!D*#*!O\`GQU_A[<<&G7NHZC&\)>]4/$V0Y0*I+1`
MX/;C)P?SK?GUNUM]5DM)QL6.+>9CTSQ\OUP0:E_MG3OW.;I!YWW,@COCGTYX
MY[T`9-Y>O=^%%:1U+S2"-I9,*@P_5B"05XQD<'/;-7_#%RMUH=N5##RQY9W-
MN/''/^>F*<=<T\O#&D@=)2RDX("!5SS[8Q5RSO+:]B,MK('3=@D`CG`Z@^Q%
M`'-^)O\`D,#_`*]T_P#0GK)K6\3?\A@?]>Z?^A/633`****`.SN=7LK666*2
M4F2&,2.J*6*C..W?)Z46NL65W82WL<I%O$2'9U*XQUX-59;*:WURXO;6W&&L
MF&1@;Y=V0#[]*K7>FW7_``BL6EP0%I98OWC%P-K_`'CGURV1^-("]%XATV:2
M)$G.Z4D`,A&TCLV1QT[U?MITNK:.>/.R10RY&#@]*Y==$FN+%1/;2+.]PRQ>
M9*6,,)Z[CGG^(#KC=6SX?.H'3_\`B9J5F#X4$*#MP.R\8SG'MB@#4HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`*R9M(EDDEC%THLYI1-)$8\MG()`;/`)'I6M10!@)X9'D30R76Y99O,)6/!
M`PPQU_VNOZ4_2_#_`-@NH[AIU=DR,+&0"-H`Y+$YX_7M6Y10!A7WAJ*]9F>=
MD9IFD)5<$JP`*]?8'-&G>'VL9XIOM*%T?)`C.&7;MQRQ.>^?TK=HH`P+SPQ%
M=-).9_\`2WF,AD92R[3QMV;L=,#/7BF3>&99X88WOB-JE&95;<%+$[5;=G&#
MMPV[BNBHH`Y^U\-M;@,+I-^2"1#D%2A3H6//.><CMBM#1]/?3;9XGF$FY]RA
M00J#`&`"21TSU[UH44`8>HZ7_:6L2?OO+\NWC_ASG+/[^U1?\(Q_T^?^0O\`
MZ]:T:,-5N'*G:8(@&QP2&DR/U'YU;H`Y[_A&/^GS_P`A?_7H_P"$8_Z?/_(7
M_P!>NAHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BJ5UJEO:7D=K()#+)&TB[4)&%Z\_Y_49AL]<M;D@2
M"2T9D#J+C"[E/0CDB@#3HJE<:M8VTRQ2W,8<[LKN&5P"3GTZ5''K5I+8"[4G
M&`3'E2X!;`)`/N*`-&BJUO>P7"QX<(\B[EC9ANQ],TV'4K68SJ)51H'*.'8`
MC!QGKTS0!;HJ!;NV;.VXB.U=YPXX7U^GO42ZE:-/Y:S(08Q()`PV$$[0,YZY
M%`%RBJ46JV<KRJL\86)E0N7&UB1G`.>:L&Y@`),T>!G/S#UQ_/B@"6BJEQJ5
MI;V,MX9D>&/J48-SZ?6FV^IVTT*R.X@W$J%F9021Z8)S0!=HJ%KJW1@K3Q*6
M(`!<#)/3^=)]LM=@?[3#M9M@;S!@MZ?6@">BHI+B&%T266-&D.$#,`6/MZTU
M;RU9@JW,)+-M`#CD^GUH`GHJK>:A:62.UQ.BE%W%-PW8^E)<ZE9VT<KR7$?[
MI0S*&!8`]./Q%`%NBH/MEKL=_M,.V,X=MXPOU]*CAU&VELHKMI5BBE^Z96"_
MUH`MT5&D\+RM$DJ-(GWE#`E?J*1+F!S($GC8Q?ZP!P=GU]*`):*@^V6IB\T7
M,/E[MN_>,9],^M#7EJA8-<PJ5(#`N!@GH#^5`$]%0->6J!RUS"HC.UR7`VGT
M/I47]J60FDB:YB4QA22S@#YN1@_A0!<HJ$W5N)&C,\7F*,LN\9`ZY(I3<P"#
MSS-'Y.,^9N&W\^E`$M%41JMJ;N:W#$^1%YLC@C:H_/.<<]*)-7L8K-;I[A`C
M1B0+N&XJ?:@"]152YU*UMT<F579-I*(P+`$@`XSTY%3/<P1RB*2>-9"-P1G`
M)'KB@"6BJLVHVD-H]RUQ$T29Y5P<D#H.>OM3OMML$C:2:.,R*&578`D&@"Q1
M5?[=:97_`$J'YEWK^\'*^H]O>I&FB4,6E0!,;B6'&>F:`)**A%U;D1D7$1$O
M^KPX^?Z>M,@O[6XM/M23((`2"[$`#!Q0!9HJ%KNV1U1KB)68;E!<`D>HH:ZM
MT=5>>)69MJ@N`2?0>]`$U%06=REY:QW$88)(,@-UJ>@`HHHH`@N8%FBD`5/,
M*%58CID$=?QK#F\.%(K9X(XIKA(##(+B5V4Y4#()S@`YXP.M:6I7%U!=6*P[
M!#+,$D8\L<@\`?AUK'BUC4)9+:+S@IO]K(PB&8`2V1[\`=>^:`)HO#TL,<8'
MD2.))2[MG+*R;0>G7VJO%X:NTBC@'V91$Q?S0QW.25)4C'08/UXI#K6IJL4L
MK".&:,('"`@-GE@.23PQQTZ>M;-WJZ116[VL1NC.C2*`VWY%`)//?D<4`9UE
MH-U;SP[_`"&42)*TH8[DVC&U1CH?7(ZFF77AZZN9Y@5M5C:9Y0X8[G#$?*W'
M8#W[5>CUTRV-S>I:,88F"1G>,R$D#IVZBJ[>)FCWB6Q$;#<%W3J`2KA&&?J?
M?/I0!7N/#EX;NYD@>':Q<Q[V[,1\NW;@8`Z\]N*B'A:].7,T*/A@!O+#YBV<
M_*.0&R#CJ.U:MCX@CO)8(EMW22;:0I8?=*DEOH"I'Y57/B%[(W1O86,2S2)#
M(&'S%2,+CMUZT`5_[`O=[R^199*F,0[SLP4";L[>O&<8Z'K4,_A&Z>5]MU&T
M3#;M8D97&XYX[R`'Z?E6NFN&73XKB&U9Y))_($>_`W<\[L=..M53XMM0ZAH)
M`H0-(<@E#M+8QW''7WH`F_L-Q87ML@@43K&$`S@%5`.>/45CZSI4RS3VZQ+(
M;TX0A&(C'F9R,#&<'G)'`ZUJ7'B5K:%VFL=DB$90SKR"N[CCDX[8J*W\1.+^
M<W(*VRN%'3"*>C'OUP/QH`$T&\GG,MW]GC/ELB[&+%3Y80,,@<Y!-5?^$8OA
M!P+?S,X&Z0MCY0N>4P1QRI7ICFM32O$<6I7BVZV[(64X.[."`"01V_\`K5%=
M:]+'?IL@/V57DC)W#,C*54]N,$GZT`/UO2+S4+N!XFAV(J@ECM.0P)_A)(XZ
M9&/>J4GABXQ:B-HAM0+)AR`#OW;A\N23TZCH*OIXCA?5C8"%LB4PLP;D-SCC
M'3CK[TVZUNXMM8N+06OG!8Q(@5PIV@98\_A0!#J^A75]J$LT(MPDB]78\X7`
MR-IP<X^8$<<8-0W/AZ^N;NXE;[*JN'VC=@<XP,!>V.3DY]JT;S71;O'Y5LTL
M;PK-NW!<!CM48]22*1=?'[]9+5DE@`\Q=X."7VX![]0:`,RV\-WD$@E8PS-"
MRD(\IQ-@L>?EX^]Z'D58N]"O9=&LK*,V^Z)'5^<`9&!@[2<>W&?6IH_$;2>6
MHL6$LY'D*9!A\EAR>WW2:J67B*Y$.987N9"F\C*H$`7<>W-`%S2-(N;'4WG?
MR1$R$'8=Q8DCID97ISR0>.!5:UT:]M(M1EF$3-+;/&JQ<ECECPH48'/3D^]:
M%GK7VR]2)+9A#(7"2EAR4QNX^II]UJZV\TL?D/(8Y%CPIY8E"W`_#%`&')X=
MO;F!)=L$+%`AMU<JN-@7<3MZ^V.G&:MCP_/#$I2.UG?S)-RRD[6#``$\$Y'I
M[GFGMXJB6RCF:W'F.[`1B4'A0"?H>0,$#GVYJY=ZVMNR;+=Y$\I9I&R%*(QP
M#CN>O'M0!E6/ABYAN8FN'BE2)U)+,3Y@!8YQCCJ..>_-0S>&-0*B.,VA4Q!&
M.XA@<$#G8>.>V,^U:5KJUS#HC7UXJO(\S*J%U15&[`&<>Q]348\4@Q";["_D
M#9O<R#Y<KN/'?`!H`S#I5S<W3V$:!6C\PM.58$Y*D`DKC;Q@8SQV&*UHM&N8
MM,BCVQ/+'=&X\EI"5;K\I;;[YZ8S5QM7S9QSPVYD:><PPKNQOP3SGL,*365:
M^*PL,27$32RB/,C`@$,06`P.V,<^]`%W2]%DLX+I)#"6GA"#;G`.&R.G3D`?
M2LZ[\-WL]MY"K:981,9"Y^0HNW:/EZ'KGW/%6E\1-"TKW5NZ!ERD>X'!V;@N
M<<EA^507GBB5HI4MX!&\;J"PD5\*20?;/'3GK0`L_A^_GU"2<FV12Y(PV."5
M.,!?]GJ2<^U2ZOH=[?ZD\T;0"(@;23@_<*X("Y)R>N>G:I1XDBC@<RQ,7A0F
M7D#'*A?^^MX^G-$'B5)IK:/[*RB9RA=I`%!SCY2?O>O8_4\4`5KCPY<`NT"6
MS`Q^6(V8JHS&%+?=/((_(FK5]H<ETT9/DMLAAC^;/\,@9NW<#%:%_J"V3JK1
ME]T<DG!Q]P9Q6=_PDAVR/]@D*`/L*N"6*XSQC@<]?8T`45\.W,5R)+@VYM8Y
M&D8(3G82YQ@+DG#>OMCO5K3]*FF\,M#*0TURRNQD!&5!4#/_``%131XLCD.R
M*W#2%3]V0,`V"1TZC@<\8STZU7M_$=TD,=S?*JQC>"JX^<[4V_3EOUH`GE\/
MW/GS&,6Y2=B`22#"-^[<HQU[8XZ#FIYM&N6T6*T0QK)#.90$?`D&2<$[3@\^
MAY%10^(9KZ>W6WMS%&+E8IG+!@203@<<C@<\58GUFX@UN6R^S"5`JLA#A<#!
M+$YH`Q[GP[>PP6\,:0REIHW\S+'RRJGY>GW??MGI5F?0-2N)1(_V5=\AD(#G
MY<N&QG9EN..W/-2MXH>>UF%M:_Z2$=EVR!E"JH.[..<9''ZTZ/Q2GSQBWDF>
M-#DH>69<;L@#@<GGV-`&QI=L]GIT-O(5+QK@E>G6K=5=.O!?V4=RJJH?/"N&
M`P<=15J@`HHHH`BF@CG,9D7=Y;AUY(PP[_K5/^Q+$"0"-P7(((E8%,$D;3GY
M>23QZU3UI[U;Y/L[7('EKY(B4E6DW<A\#&-N.OO482]BT2W>::\W23!KEAN,
MB)S]T`9'1>GO0!H3Z=I[1QV\F$5$\J--^-N>1CW^7K['WI\FD6<MI#;-&_EP
MC:FV1E.#P1D')SW]:YR*RO;FXC:Y%XKR20,7"L"%`<9SC`.,9^M0PRZ_(&5V
MO$D*[6Q&W"Y4*W3&>O3GKF@#JGM+""V^SN(XX9I!A2^W<Y.0!SZCH*CFT33Y
MF5VA8.K,ZNLC*5+-N8@@\9-9WB.UF2.Q>W%W*UN&^:-B6'R]2<'\\9ZXJA&=
M2FM_)NGU%58.L)C1LL2W\61G&WNW;/<4`;UGI4-O?K<Q>6(8X!#`JY)"DY.2
M3SSTI[:)8-++(T+,9=Q8&1B`3U(&>"<#D>E<_NU**"-(#?"184$2>6VW9Y?S
MYR/O!NF>>F*LV[WMEJL`F>_GA$8W@H[8RI)/`(89XQPP.!R*`-R+3;6**.-4
M8B.3S06=F)?^\23DGD]:@;0K'@QQ%"J[5&]BN<$`E<X)&3UK2HH`P;/PU`L;
M_;F,TC'_`)9R.H"[0I&2Q)!`Y&<=NU73H>G%9U-OD3J%D!=B"!C'?CH.E:-%
M`%.+3+2&\-U'&5D.>-YV@GJ0N<`G`Z#M4<VBV$\TDLD3%I`<CS&`!.,D#.`3
M@<CTK0HH`S;?0["WG6:.)]X;>2TKMN;GYF!/)Y/)]:?=Z/97DS331OYC`*62
M5E)'IP>F#@^M7Z*`*LNG6DP8/""&C$1P2/E!R`,=,'O58Z#IY";HI"5.2?.?
M+G.[YCGYN>>:TZ*`*#:/8M&J")EV*%1ED8,H!)&#G(.2>:2+1-.A&([?`V%/
MOL?E(P1U]*T**`,(>'F^W2S"Y,495EC\HL&7=C/\6`1CJ!SWS5ZYT>RN[DSS
MQ,[GJ/,8*>",E0<$X)'XU?HH`S3H5@8?+,<ARQ8MYS[SD`$%LYQ@`8]*FN-+
MM+EXFEB/[L!0%<J"`<@$`\C/.#5RB@"G)IEI):I;%&6.-]Z;792K9)R"#GN?
MSJM/H=K]@DM[2%$9L;=Y9E!`VYQGG@FM6B@"F-,M_P"SH;(AO+A50A5BK`@<
M$$<@U"-!TT!0(&"JNW;YK8/!`)&>2`3SUYK2HH`I/I5E)C?`&PZ2<L?O(,*>
MO85!_P`(]IGELA@<JP`P9GX`.0!SP,GH*U**`*1TJQ/G9MQF=%20Y.2%Z=^,
M>HJ$Z%8X&$DW#DL97)<YW`MS\W//-:=%`%&?2K:ZM88+HRR^4NT.9&5F&,')
M!!.1U]:1M&L&B$9@.T%B,.P()QDYS[#\JOT4`9L>A:?&X=87R"2<RL0['/S-
MSRW)Y//-*NA:<L>P0';@C!D<XR`/7KA1S[5HT4`9T6B6,4T<JI(7C;<"TSG<
MW/S'GD\GD^M2RZ79S73W,L.Z5XS&Q+'!4C!&,XZ5<HH`R_\`A'].,10QRG=]
MYO/?<>,8)SG&.,4]M#T]F9C"WS#&/,;"GCD#/!X'(YXK1HH`AM;:*T@$,((4
M$D[F+$DG)))Y))-3444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
4`!1110`4444`%%%%`!1110!__]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>tlgim_a1014x6x1.jpg
<TEXT>
begin 644 tlgim_a1014x6x1.jpg
M_]C_X``02D9)1@`!`0'_____``#_[@`.061O8F4`9``````!_]L`0P`0"PP.
M#`H0#@T.$A$0$Q@H&A@6%A@Q(R4=*#HS/3PY,S@W0$A<3D!$5T4W.%!M45=?
M8F=H9SY-<7EP9'A<96=C_]L`0P$1$A(8%1@O&AHO8T(X0F-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C_\``$0@!
M<`%M`P$B``(1`0,1`?_$`!\```$%`0$!`0$!```````````!`@,$!08'"`D*
M"__$`+40``(!`P,"!`,%!00$```!?0$"`P`$$042(3%!!A-180<B<10R@9&A
M""-"L<$54M'P)#-B<H()"A87&!D:)28G*"DJ-#4V-S@Y.D-$149'2$E*4U15
M5E=865IC9&5F9VAI:G-T=79W>'EZ@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KAXN/DY>;GZ.GJ\?+S]/7V
M]_CY^O_$`!\!``,!`0$!`0$!`0$````````!`@,$!08'"`D*"__$`+41``(!
M`@0$`P0'!00$``$"=P`!`@,1!`4A,08205$'87$3(C*!"!1"D:&QP0DC,U+P
M%6)RT0H6)#3A)?$7&!D:)B<H*2HU-C<X.3I#1$5&1TA)2E-455976%E:8V1E
M9F=H:6IS='5V=WAY>H*#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6V
MM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN+CY.7FY^CIZO+S]/7V]_CY^O_:``P#
M`0`"$0,1`#\`]`HHHH`***S-9URVT7R?M,<S^=NV^6`<8QUR1ZT`:=%<S_PG
M&F?\\+O_`+X7_P"*H_X3C3/^>%W_`-\+_P#%4`=-17,_\)QIG_/"[_[X7_XJ
MC_A.-,_YX7?_`'PO_P`50!TU%<S_`,)SIG_/"[_[X7_XJC_A.-,_YX7?_?"_
M_%4`=-17,_\`"<:9_P`\+O\`[X7_`.*I/^$YTS_GA=_]\+_\50!T]%<Q_P`)
MSIG_`#PN_P#OA?\`XJD/CO2Q_P`L+S_OA?\`XJ@#J**Y;_A/=+_Y][S_`+X7
M_P"*H_X3W2_^>%Y_WPO_`,50!U-%8NC^)K+6;MK:VCG5UC,A,B@#`('8GUK:
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HHHH`*XSXA_\P__`+:?^RUV=<9\0O\`F'_]M/\`V6@#
MC**6CO0`?A0?EQN'!IV%Q\V?H.M1\_,,8'?GO0`,Q'`Y'/:FER3Q2%B"#MQ0
M`0`V<+UH`7S/6EW`@4T8)P1SUS36!7@X/?@T`2'/I32/:E5]W'0TI'%`$6*,
M4XBC%`'3_#W_`)#DW_7LW_H2UZ)7GGP^_P"0Y/\`]>S?^A+7H=`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!7&_$+_F'_P#;3_V6NRKC?B#_`,P__MI_[+0!QE+2TN*`'MS&
MH;G)W$5%*O``4+R3@<XJ]#$7\L<9QVYSS5J]T<1L@1\L1S0!B$EP<G./:C`Q
MT-:)TJ93@#.?2KVGZ"TV&F^0>GK0!@["01MZ]Z'@9`&9>#WKL#HMM%]T$_4U
M0UFU`@!5>!Z4`<N?D.0>1VJ?&139%QBI%'RCZ4`1D48J0BC%`'1>`!C6YO\`
MKV;_`-"6O0JX#P$,:U-_U[M_Z$M=_0`4444`%%%%`!1110`4444`%%%)0`M%
M95WKMO%,;:T1[Z[_`.>4/./]YN@JM()Y2IUFZ";ON6-H22WU(^9OPP*`-N.6
M.0L(Y%?:=K;3G!]#3ZPH[F]N%%OI%O!:PI\OF,-P3UP!QGV!/OBMJ-66-5=]
M[``%B,;CZT`/HHIBR([,J.K,APP!R1]:`'T444`%%%%`!1110`4444`%%0?;
M+7SQ!]IA\X](]XW'\.M3T`%%%%`!1110`5QWQ`_YA_\`VT_]EKL:X[X@?\N'
M_;3_`-EH`X[%***44`;?AY%GN8D;EE)Q^1-37CN]\P[*Q`IGAMXTO(V.$^4Y
M)/4X--U"]BCOV&"1G.0.M`&A`O0U?1N,5E6NH6\G"N/ITJV;R.(;FZ4`6R,B
ML_48?.@=!U(XJ&77D)VPQL3ZL0*:EVS@O,R$=@O6@#EVAD:78`2^<8`[U,\+
MPML=2K#J#6[IT,:7L\LPV,SX7(Z=_P"M5-915O,#^[DT`96*,5)BDQ0!T/@4
M8UJ;_KW;_P!"6N]KA/`P_P")S-_U[M_Z$M=W0`4444`%%%%`!1110`455OM0
MMK!-UQ(`2,A1U/\`GUZ5CW-U>WJJ97.GVK\*%!,TOLHZ_I^8H`TK[6+:S?RA
MNFN#P(HAN.??_.?:LRX^UWH"ZI*UK&_W;*V.Z20?[1';U[?2I8;5+"`%1]@B
M;C/#W$O?'?'T&?PJ0[;>(E\V,,AZ`[[B8_7DY_,_2@".-1:J+2TA%H.#]GML
M-,1ZNQX7ZG/L:LVVEJ2PN2HW<M!&Q(;_`'V/S/\`CQ[4MO!<.FR",:?;DY)X
M:9_<]0/J<GZ4\26>G.88(VEN7Y9$^>1_=B?YL:`+ZJJ*%10J@8``P`*J7&I0
MQ2F")7N;@?\`+*$9(_WCT7\34?V:\O1F\E^SQ'_EA`W)'^T_7\%Q]35RWMX;
M6(1V\21H.RC%`%,VMY>?\?D_D1?\\+=B"?\`>?K^6/QJY;V\-K$(K>)(D'\*
MC%251NM9L+4-ON%8KU"?-CZGH/QQ0!?HKFCXEDNWVV"6L2?\];J<#\D')_/%
M2#R'!?4=4N;H=2D,;)&!]$&2/J:`->?4;6!S&TH>7_GG&"[_`/?(R:E@E,T0
M=HI(L_PR8S^A-9=OJMA%:_\`$JLIYDSPMO;,H)^I`%1W&I7BQ[[B-[.,_P!P
M*6_[Z<@9_`T`;<DB1(7D=44=68X`JI_:44G%K'+=>\2_+_WT<+^1K,$N^,3P
M:3<3R`\27LBC'N-S']`!4N^64%[TS,O=$ECBC'Y/D_B:`)9;VY+F,R10O_SR
MA4S2?T"_B"*8=-N+M2+AW53U\YQ(Q'^Z/D!_!J8NMV5K%M@M'\L?\\0NS_OK
M.W]:/[9O[A@+#26D!_CED"J/QP0?P)H`OV6E6=B=T$*^9C'F'EL?T'L.*NTU
M-VQ=X`;'..F:=0`4444`%%%%`!7'^/\`_EP_[:?^RUV%<?X__P"7#_MI_P"R
MT`<?0**6@#1TPN&3RL$EBK`YQC:?\3398/DVLK>8&^\/2H+6X,#Y''(/Y&MN
MY"K=G:0%<9&.E`&+(AA`PH'')/4UN"W,EI"6DWIGYMP''Y5E7^SSECW`$]2>
M@K<M7C2R7+K@#'6@"DNE'<"=C*O()%7K:U1%W`;NI+'O4J*H(W(,'IQ4\K`)
M@=,4`4U4RATQ\NX,36!J,GFWLC`\9P/PXJ]?7<UN=D3;0XY]:R3SR:`&D48I
MV*,4`=!X(&-8E_ZX'_T):[FN(\%#_B;R_P#7`_\`H2UV]`!1110`445F7VL1
MP(X@VR,IVLY/R*?3(Y8_[(R?I0!?GGBMXC)-(L:#J6.*QKG6)K@.EDODQKP\
M\ORA/SZ'V.3[#K56""ZU243/OD`Z.QVJ/ICI]%SGN]7Y5L=(BBDNF624';"F
M`H!]$7HOU_,T`5[/3V+&X4$-]XW=RO/U1#T_WFY^HJ87$,*M+:%?F^5[ZX.=
MWLO=_8#`]/2D6*]U,[KA!'#U".#M'_`>"Q]VP/8]:N_V7;-&XGWSNZE&DD;Y
ML'J!C&T>PQ0!B_V@,F6!Q"K?*=0O.7?VC3O].![5(EW#ITRRR?(\G66Z.^XF
M'HJ#[H^N`/2H-0T:2]NH)-#D%NL*E6G?)#=,;6.23UY_6K=EX>:VPY2R:;JT
MTT;3.Q]<DB@!YU(WW29HH2<;+13-(WU900OX?F*M6S/!'LL=*=%)SF5U3<?4
MG)8GW(J86ET1A]0D7VBC11^H-9VJVQ#+`M[<[W7.$D=I&^B`A0/<\4`6;N\N
MK:,/=7-E:`]%VM*Q^G*Y/X5ERZE+,2J:JR#'10C.?I&@+?FP^E/2PLHV"3+%
M$P_Y9QCS[AO]YL$C\/SK1M898E*6%C%:(W)DG.6;W*@Y/XL#0!CPVTMW&4>/
M4I4/4W6XL?HA*H/QS3[:&PLW9+'1EN+C^+>RLV??:&5?TK=_LY9>;R:2YS_`
MQVI_WR.#^.:KW6K0V4OV*TM9)IE'W(HSL3ZD#^0-`"QKJ\T.`MII^>P!F8?^
M@C^=49+:/S=DU]/?W2GE8HE?:?HV53]*G\G4K[_CX7:A_@=_+0?\!4EF_$CZ
M5;BTU@@22Y<1CI%;CR4'TQ\WZT`9\]O.2OV[59+-3T19AYC?D`/P`/UIPL;2
M6020:9/<R`8$UW(R_JQ+?D*U[>TM[;)@A2,M]Y@.6^IZFIZ`,9=#60YECM(!
MZ6]NN[\68'/Y"K$.A:9$Q;['%(Y&"TB[S^O3\*T:*`*L.GV4#;X;2%&_O!!G
M\ZM444`%%%%`!1110`4444`%<?X__P"7#_MI_P"RUV%<?X^_Y</^VG_LM`'(
M444M``!S6J\P>VMG!Y1=I_"LL59M7ZQ'&&.1]:`$NPK7`,F0&[UI6,EM"BD,
MYXP0%.:SY%>0I&PY7I6I8Q2C&!D4`7/M(R"JR%<\DCI4TD@(I6^1.1C-5991
MC:G+'@`4`9>JDAT<CY&)4-[\<52Q5WQ&WDK;V)^_&#))_O-T'Y`?G65!=!?E
ME_!J`+.*4+S3D97&5((]J>!0!N>#1C5I?^N!_P#0EKM*XWP>/^)K+_UP/_H2
MUV5`!4%S=PVJCS"2S<(BC+.?8=ZGJ"&TAAFDF5,RR?>=CDX],GH/;I0!7$%S
M>G-V3!!_SP1OF;_>8?R'YFI)=,LIFA,EM&P@&(U(^5?PZ5;HH`0<#`I"BLP8
MJ"5Z$CI3J*`"HIX5G0))G9GYE[,/0^U2T4`(!@8'2EHHH`*SUT>U$DKLTS^:
MV]@9"`3[XQD>QS6A10!'!!#;QB.")(D'\**`*DHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`KD/'W_+A_VT_P#9:Z^N0\??\N'_`&T_]EH`
MY"BBEH`44Y:A:55Z<GT%-61I&/\`=%`'07\0C!DB!^48/L>]%I?*8>N&K2U'
M3Y+@QRVO#M"N]3T?C^=8MKI$TESY;0R;\XQMZ4`7GNFN&$<(+NW`4#)K=L["
M+2;-[^](,B(6P>B^WUJ_I>F1:?#A5'F$?,V*YCQKJHEE73X7RD9S+CNW8?A_
M6@#E[^Z>\NY;B7[\C%C[548T]C434`"RO&VY&*GU%6HM3<8$B!O<<&J1IM`'
M=>";J*?590A.?()P1_M+7;UYQ\.C_P`3Z?\`Z]6_]"6O1Z`"BBH(KN":>6".
M0&6''F)T*YZ4`3T5534+621D27>RR^2VU20'],XJ6YN(K2W>>=]D48RS8)P/
MPH`EHI`00".AH)"@D]!S0`M%5UOK=[+[8LF;?;NWA3T]?6F#4;4M;J)#FX&8
MOD;YQ[<>G/TYH`MT444`%%%)D9`R,GM0`M%0RW4,,T,4C[7G)6,8/S$#)_2I
MJ`"BJ;:K8I<FW>X5)58*58$8)Z#GU[>M36US#=Q>;`^]-Q7.".0<'K[B@":B
MJ4FK6,4TD4MPJ/%]\,"-OIDXX'O5Q6#*&4@@C(([T`+1110`4444`%%%%`!1
M110`4444`%%%%`!7(>/?^7#_`+:?^RUU]<=\06VK8'_KI_[+0!R+N$'-5I)B
MV><#TILC9/6HR:`'`Y./6K0Q'$!W-5(CAQWJ5V^7/O0!W5_JGV?P[;RP_P"M
MEB5%/I@#)_SZUB:1KMS!?K++,70##*YZC_&L^ZN'\B.%B2L,.`/<D$TFE6\%
MU>)#,Y56!Z=<]J`/2K_4HK32GOE9739E.>&)Z5Y9<SM/,\LC99V+$^I-6=1N
MI88O[/6?S+='+J,=#68ST`.9JC)I":;F@!2:2D)HH`ZOX<_\AZ?_`*]6_P#0
MDKTBO-_AS_R'I_\`KU;_`-"2O2*`"N9N8KN/6[F^L(F:8R"!@RD!E9%`;W"L
M/RS7344`<G8(]F1#`+E5&I\D(PWQE`,GCD$BG3M<3Z7?K,+TW?D2I+$58QDD
M_+M&,=.FWMUKJJ*`.1GENT>:"%]0,98&-L2'!,7L-V-W0`@`_E4RSW\MQ;&:
M2[B_=1-'MA<[R!\X;!`'/7<.G2NHHH`P;0,O@UD,<@?[.Z["AW9.<#'7O5)$
MN(I-#D+W,OEPOE!#@QGR\`=.N>.:ZNB@#DK:>^-K.IEND#>2R-*DN.AW`M]X
M9(Y(Q],5)#+J$MS;+*;RW^2(Q+L=]W7<&;('UW#ICO74T4`<@);U`I%Q?JTC
M7",65W"C=\AQ].XYQ^%)*;O;#</%>AEAN$5HI';)W*002,@$9QD9X[X%=A10
M!R!6XG-O]I-YY4-Z_P"]"2!EC*<8)^;&3C-;>BW,GD1VEVTINU0N?,4@E-Q"
MDGUQC-:E,$:"1I`H#L`"V.2!0!SYT_\`M'6M4BF:5+=VA8@)@2;1T#$>N.E0
M:;))9W4<A^UB)I+II4V.5QNW+A<=3S[G-=510!S\5PD.K:N\EO<2),(@BK`Y
M\S"$$=/PYJYH<<EAIEE8W6XSB(DX!*K@]">G&0/PK4HH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`*XGXCG`T[_MI_[+7;5!<V5K=[?M5M#/LSM\R,-C/7&:
M`/&:8>M>Q?V-I?\`T#;/_OPO^%']BZ5_T#+/_OPO^%`'CZ8#'GI4GWF1?4UZ
MY_8VE?\`0,L_^_"_X4?V-I>0?[-L^/\`I@O^%`'E=^Y$SX/\7-5HY6AD65<_
M*V<UZ\VCZ8Q);3K0D^L"_P"%']CZ9MV_V=:;?3R%Q_*@#QV20R2,Q[TPFO8_
M[%TK_H&67_?A/\*/[%TK_H&67_@.G^%`'C>>*2O9?[$TG_H&67_@.G^%']B:
M3_T#++_P'3_"@#QJBO9?[$TK_H&67_@.G^%']B:3_P!`RR_\!T_PH`X7X<C_
M`(GT_P#UZM_Z$E>DU5MM.L;20R6MG;P.1M+1Q*I(],@5:H`*R+!437]58@`*
M(B#Z94D_3..:UZIRZ5I\TCR2V<#O)]]F0$M]:`,]=9N);N0Q11?9(I#&S.P4
M\+D'.<_AMZ<YJO:Z[=7-W'8ND"2S;2LA0[=I0L?EW9/3CD=<XK<-C:&Y-R;:
M(SLNTR;!DCTS4(T?30FT6%N!QQY8[=/YT`9UD-W@D[L$BV<_B,\_G52P-WI\
M-O=C$<-U'!`J,Y<>8W60CMP>@//M71+96J6IM4MXEMR,&,*`I_"E^R6_V7[*
M84\C&/+V_+CZ4`8\&JZA/J@L56V!1I%D<JV&V%.5&>,A_?D51EN+F[6V^V21
M31>?<[XO*/S!`V!][V./3CKBND2QM(Y(Y$MXU>,$(P7D9Z_G0-/LQ,)A;1"0
M.7#!1G<>I^M`&*]]+/ILUO*L9CFTUKB,QY&P8^Z22<GD<\=#Q26NHO:K(HBB
M#M);PK)@_P`:#EN><>V*VET^S2.2-;6()*,.H088>GTY-"Z;9*DB+:PA90`X
MV##8Z9^E`$>G7+WD=S'<(F^&9H6*CY7P`<@'/8].>]<W8W5U%I$FF&1S+-%Y
MT,O4B)@2_/J""/\`@2UUL<$44/DQQJL?/R@<<]:C%C:"(1"WB$84H%VC&TG)
M'TH`P+;5KBTL["&!(70Q0!\@DAG4\DY'?GN3STJ:VUR\:T>6=;92UFMRA`8!
M221@]2>W3Z>]:C:/IK`!K"W8!0HS&#P.@IPTNP52HLX0I3RR-@Y7T^E`&0==
MOB)(U@3SD,P'[MCO*;<+M!)!.[KDU-/JU\MR\$<$.Z!(VFWD`?-UP=P/'T.?
M:GWOARUN)HWACMHD4$&-K<,#TY'(P>!ZU=&E66V#S+=)G@0(DDBAFQC'6@!N
MBW-U>:=%=77D@S*KJ(@1@$#KD^M7ZC@@BMH5B@C6.->BJ,`5)0`4444`%%%%
M`!1110`4444`%%%%`!1110`445S?B^YGMOL?D3RQ;M^?+<KG[OI0!TE%>=+J
M%^1_Q_7/_?UO\:E2_OCUO+C_`+^M_C0!Z!17"+?WO_/W<?\`?QO\:F2\N\<W
M4_\`W\-`':T5PTVIW$;!6O)A_P!M#3X]1N&/%Y-_W\:@#MJ*XTWMU_S]3?\`
M?PTW[;=Y_P"/J?\`[^&@#M**XO[;=X_X^IO^_AI&O;L?\O<__?PT`=K17"-?
M7JG'VNX_[^'_`!IIO[W_`)^[C_OZW^-`'>T5R_AFZN9M2D6:XED41$[7<D9R
M*ZB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`KE_&@R;+_@?_LM=17,^,1DV?_`__9:`.=11
MQ4BJ*:@J*^F,$!VG#$=?04`+/>PV[`,PW>E(=2CE`$;8]?RKFI)BQ)/)/4FJ
M[2.#P2/I0!JS:B?.RN2H[5&VK3,<\@>@)`%9OS]Z=VH`VK76W1@CL"OXFMJU
MO8KE<HPSW%<3WJQ;7,D$@=&((H`[;/I0:S[#4TN5`?"M5[(-`#6!)Z5$_%65
M]ZBF7GB@#3\*'.J2_P#7$_\`H2UUM<EX4&-3E_ZXG_T):ZV@`HHHH`****`"
MBBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`KF_%XS]C_X'_P"RUTE<YXNZVG_`_P#V6@#GTS5+5%.&/H#_`"J^
MHJ.\BWP.<?PF@#D9QL=D]#BM31]#:^'F296/Z=:IW47F:N84YW-V]^:[[1X5
MCB1`.`*`,>Y\+1O;_NF8.HX]ZS4\,2$$-(59>HQ7H7E+V%031(,DCF@#RV]T
MZ6U;#@U5&0.:[;5[82,<BN2O8/)DZ<&@"?37/F#![\CVKH[:3>NW&"O&/2N3
MLY-DH'?M70Z=<H),.<;NA["@#3Y!H9<]:FP"N<4TJN,4`:/AE<:C(?\`ID?Y
MBNHKF?#F!J,G_7(_S%=-0`4444`%%%%`!145Q.EO"TC]!@`#J23@`>Y)`K/M
MS>P:I&MU<"5;F)B4486-E(X7N1ACR?3\*`-6BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"N<\6];/_`('_`.RUT=<Y
MXLZV?_`__9:`,*.I".*C48J<`,M`'*PJ6\1/Y97Y6.">@XQ71C4;FR(,,\-P
MJ]59-N/UK.6Q\OQ"2,[9HB0??C-69?#K-'L`P2Q;>`"QSCN>G3M0!T^G:HEY
M"7V@%1\P]*R]4U]PS1VD4;$=6;H*--LVL[><,1]W'%9EM8O<NRD9PP?&>&H`
M&N))ES)>1"0\[1'Q_.LK45\R%]Z@$=QT-:$GA^1KAY&)3<V>`%`^@%1:E"L%
MOY6<^YH`Y>-L2`'UK5M&9F&'`/\`GM62Z$.>.]7=.#27"C(SGO0!V%JK+&HW
M[@1W[5,Z@#/0U!`OEJ.3^/:I7Y6@#3\-'.H2?]<C_,5T]<OX9_Y",@_Z9'^8
MKJ*`"BBB@`HHHH`H71\[5+2W_AC#3L/<?*OZL3_P&EM6-Q?SW&<PQCR8_<@_
M.?SP/^`FJ=S</'?W[0X,Y2&WA!_OG<<_ANR?85JV\*6\"0I]U!CZ^]`$M%%%
M`!1110`444E`"T444`%%%%`"52TB^?4;,W#(%4R.J$=&4,0#^.*J>*M2_LW1
M)G1L32CRX\=<GJ?P&36C86ZVEA;VZ#"Q1JOY"@"Q1110`4444`%%%%`!1110
M`4444`%%%%`!7.>+3@VG_`__`&6NCKF_%YQ]C_X'_P"RT`8*M[U,IP*KH:E4
MT`$N`\4QZQMU]C6J-318TC@0/*W`K+?F,C&?:K=K#'Y):UVARORDC-`$L]]%
M:6DOVE7WDYR!D-61IEV\=R&C1]K9W;^E:4<DC(4GG6)\?,&AROX'=S5&5V>4
MK;S>:?41!1_,T`:5[J,31$.H5P*Y6^E\T$Y[\5NRPJUL()F#2$\MC&/6L+57
MB21EB&%%`&9,B1VK2[AOS@*>]+H\!FD8G/RC-,MM-GO-LF0(W)P2<UT5A8K:
M1;0>3UH`O+TYIQY'6DR*1CQ0!J^&/^0G)_UQ/\Q74URGA<YU.3_KB?\`T):Z
MN@`HHHH`**H6%^9[JYLYT$=Q`V<#HZ'[K#^OO2:A<R&1;&S.+F49+]1"G=C[
M^@[GZ&@"AI,37>M:A>/S#%<%8O=@H4G\`,#ZFM^LCPVJ6_AVW.["89]S'L6)
MR?PJU:ZMI]Y*(K:[BE<C<`ISD4`7:*0,"2`1D=1Z4M`!1110!0U>5EMHX(W*
M27,JPJ1U`/+'_OD-1H1)T.RR2?W*X)ZD8X_2L[6YG.N6<$6WS5AD>(,>"[$(
M#^`+'\ZW(8Q##'$OW44*/H!0!)1110`4E9):;4]2NK;[0]O;VI566(X>0E<Y
M)ZA>>W7FLWQ!IUK%%#9Z=:H-0NVPDFX[E4<LQ;.?_P!=`%74I5UD7U^&)MK<
MK:6XQPS,RAF_7'TKLZY2:(:9I,6D/M#13PLK@8\Q#*,GZ@]?P]:Z+4+M;&RE
MN64OL'"KU8DX`_$D4`6:*Q+!M175(4O+H.\D+R36ZJ-L/*[0#USR>_.#Z5K3
MW$-M&9+B5(D'5G8*/S-`$M%1P3Q7,*RP2I+&W1T.0?QI]`"TQ$*[LNS;FS\V
M./8>U*KJZ[D8,/4'-.H`****`"BBB@`HHHH`*YGQCUL_^!_^RUTU<KXV.#8_
M]M/_`&6@##1JF6JD;U91N*`)134D>TE$B`F//S*.WJ:<#5+5[[[%:_(?WK\)
M[>IH`Z-5AN(PV%93WZU7NYX;2,LP50!QBN.TFZO#%*J3,0I!P>>M/N/M=P?W
MSLP].U`$L^I22R.PZL>!Z"J,R$(7D/7K[>]:5GI<C,OR$EC@"I]?$6GVJVL6
MQY.LQ(!Y[`?3K0!GZ;>^5);VHQY1!S]<G!%;Q(%<0DK)(&'45U.FWJW=N,G]
MXO!%`%O=@TA;--<U'OH`W/"I_P")I)_UQ/\`Z$M=;7'>$6SJLH_Z8'_T):[&
M@`HHJC>7S*PMK(++=N.`3\L8_O-Z#VZF@#/U]I([VUETU?,U1`<1=GB[[N1@
M9Z>]48]<T^WTBY,5R3J4N1()4*N9#QR/1<]!T`KHK&Q2S1CN,L\AW2S-]YS_
M`$'H.U+_`&?:?;/M?V>/[1_STV\__K]Z`,F5IKG16T[2K64I]G\D3S`Q+C;C
M@'DG\,>]5=*TS4##9Q1P#3(;9&5F8AY'=@-S#L._)]>E=310!SZ03:-JEP;2
MRGN8KF)""&!S("V=S$\9SG-22C5[2>*_D=KE"2LUK".$4]"O=B#U]<UN44`<
MC)J]V-:%VXO(K%9A&QE0I"(R,9((SNW=^U;EQK5JCB&U/VRY(^6*`AOQ8]%'
MN:T'19$*.H96&"",@TR"WAMTV00QQ+Z(H4?I0!SLRW%AKMGJ>JNK"5'A/EJ2
MMN>J@=SGD9]ZZ.&59XA(@8*>FY"I_(\U)10`4444`9]YI8FNEO+:9K6["[?,
M0`AQZ,#U'ZU0&F:JNL'49)+.XD$?E1@[T"#O@<\FM^B@#E?%=OJ<UE%=-';)
M]EE5P(V9V8E@,=!QD@_A6C>Z1?:C9O#=:F5W8($,(10P.1UR>"!W%;%+0!B6
M=CJ4,31(+.U9L;YT+2NY]?FQS]2:J:KHMU%-97EDK7UQ#(3+Y[@EQCMG`4=>
MGM7344`8&EW%S8V8@?2;QIV=G?;LV;F8DX.[IS3M0L=3UE$CF,=A;ALL@;S&
M?CH1P,>W-;M%`'+PP:IX?LKFVL+(7$*R&6.4N,[.,@KU+<'I6S'K.FO;+<"^
M@$;#.6D`/TQZ^U7ZJC3K(7!N!9P"8\^9Y8W?G0`^TN5NX!,BLJ,?D+#&X>N*
MGHHH`****`"BBB@`KDO'9Q]A_P"VG_LM=;7'^/CC[!_VT_\`9:`.:C?%3F\B
M@4&60+]:SS+Y:,Q[#-8\CM(Y=CDF@#?F\00H,0QM(?4\"LR[GFU%Q-)L157&
M2<`?3UJC72VVCJNGK/=.JQJ1*QV\JH'"Y_&@"KX=$8NY(@^XNF3QC!!_^O73
M1689N<&N?T>%I]82Z`*ARSX)SP?6M/7-;_LZ18+4*TW5LC(4>E`&U&T-E%+=
M2?=0<#UK@-7NQ=7)93GDDGL2>O\`0?A5[6-6GN(8X&D!#*'8+TR1G'X5AGDT
M`(!4L%Q);2;HFP?YTP4WM0!T%GJBW(V2863]#5AWQ7+@D'(XJ[!?NH"N=PH`
M[7P8V=8E_P"N!_\`0EKMJX3P+*DFKRE3G_1S_P"A+7=T`%1Q010%S%&J;VW-
MM&,GUJ2L.?4;B/6#;2S&VW2H(`Z#RYDXW?-_?Z\?3K0!N45G)K%N\BJJ2[9`
M_E/@;92GW@.<YX/4#.*AA\06\T8=;>Y&Y$D0%!\RL<`]<``]<XH`UZ*R(M3-
MW>::]LY%M<I*65E&<KCO]<]*6>:\?7S9PW/E1?9O.YC#?-NV_E0!K45@6_B6
M*.!UO5_TF&1XY%BQ@[3@L`3GOT&3UJY'K<$L4DD<,[HC!<A1R2Q'K\N,<[L8
M%`&G169!JL5W/8F%I0EPDC`;1@[>#DYX(]NM+X@NIK+1YKFW?9)'M(.`0<D#
MI^-`&E17-C5=02\B4AYK?[3Y:,L04SKY9.`#Z,,9X%:DM\)]"DOK1F3]RTB%
ME&00,X(_#%`&A16%'?WEM'I<]Q*D\5\4C8;-K(S+D$8[5NT`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`5QWQ`_P"7#_MI_P"RUV-<=\0/^8?_
M`-M/_9:`.*N3_H[UFUH73;8#[\5G]J`'PA7F0/\`=R,_2M/6M<GU"*.V`$<2
ML3M0X!'&`?7&/UK*4XY]*:?O,?3B@#H/#TUP%D**6"`*I[+6;JB&*^E))8.=
MP8]\U<\.NBSO')MP1N^;;R1QCD'UJOK$J7%WE3D*3\W.3^)`_D*`*(SP6Y.*
M1L"G4C#-`#221C&*3K2YR*4"@!N*7%/II./K0!UGPWS_`&]."?\`EU;_`-"2
MO2J\T^&QSX@G_P"O5O\`T-*]+H`*SI])6X9UEN96@>42M$=N,@@@`XR!D"M&
ML>YUT6MS<I+:MY5L\:R2*X.`_P!TX_G_`%H`EAT6&%EV2R;(C(84.,1%\YQQ
MSU.,^M5QX<C"P@7DX\F-(TX7HK9&>.?QK5%U;F5XA/$9(QEU#C*CU([55DUK
M38VV_;(&.QG^60'@`'U]#0`RUT9+62U9;F9A;>9M#;>=YR<X%/GTPRZB;U+N
M:&0Q>5A`IPN<]P>])9:M'/:K<W!AMXI,&)C.I#Y&<=L$="*!J>;Z6U,:*T<J
M1Y:4#<&7.0.Y]J`(QH4$1B:UGGMW0,KNC`F4,<G=D'G/?M49\/1%F<W,PD)3
MYP%R=IR-W'S'W.>U:B7,#S-"DT;2IRR!@67ZBJCZI'%K4>FR(5:6/S(WSP>O
M'UX/Y4`5FT-HH(Q:WDPD@641%MO!?J2=O:KE]8'4--^QSSL-P7>Z``L1@_AR
M*B@UB":^O(/E2*TVAYG?`+'/`_$$?6K+W]G&JM)=P*K+N4M(`".F1STH`9=6
M/VI[5S.Z/;/O!4#YC@CGCT)J&'2/*T][(7<QB:+RAD+P"3D].O./PJZ+F!IS
M`)HS,!DQAAN`^E,%]9G?BZ@.S[V)!\OU]*`*L&CQQM;&6XFG%JN(5?:%0XQG
M``R<>N:O0(T4*(\C2LHP7;&6]SBHC?V8$9-W!B093]X/F&<<>O/%6:`"BBB@
M`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*QO$&@_P!M_9_])\CR=W\&
M[.<>X]*V:*`.)G^'_G*!_:F,'_GW_P#LJA_X5O\`]1;_`,EO_LJ[RB@#@Q\-
M^,?VK_Y+_P#V5'_"M^,?VKWS_P`>_P#]E7>44`</'\/7BD5TU?##_IV_^RIO
M_"NB>3JV3_U[_P#V5=U10!PO_"N?^HK_`.2__P!E2'X<9_YBW_DO_P#95W=%
M`'!_\*W_`.HK_P"2_P#]E3O^%<_]17_R7_\`LJ[JB@#A/^%<_P#45_\`)?\`
M^RI#\.,_\Q7_`,E__LJ[RB@#F?#7A+^P=0DNOMWVC?$8]OE;<9(.<[CZ5TU%
M%`!61!I1;6KR[NH(GCD,9B);)!48R1C\:UZ*`,&WTBZC-NDAC9;4S%7W<R[\
MX!&..O/7D"HX=&NX+:R5(X-\5I)!(`Y`)(7#9QS]VNBHH`PCI=XL=N0L3D6)
MM)(V<X&<?,#CGIS4,6C7L-Q$0(I$BFA;>SG<52/83C'4]:Z.B@#$L=*N8+BT
M$K(4LWF99`WS2!\\$8XZ\\]0*75-+N;VZDEA*1NB1F"4MRLBL3R,="&(K:HH
M`YPZ/>Q33^0D+1L8-I=_F.PG)S@X)SG/UJ-=#O5@BC,=NQ2VGAR9">7.0>1_
MG-=/10!S5OI=];W45S-'#Y<!9F$;G)!C"G"A>3QUZGVK.TZUGOH(EA6-IH8X
MPKK.=NU#G8Q505)W'N3Q[5VU%`&':Z3)%J%I.UO`L:))O4.6*LS`C!(YZ=>.
MM;E%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`
M4444`%%%%`!1110`4444`%%%%`!1110`4453;5;%+DV[W"I*K!2K`C!/0<^O
M;UH`N444TLJ_>8#C/)H`=15>TO;>\#&W<MMQG*D=1D'D<@CO2"_MC,T(D)D1
MQ&P"GAB,@=/3O0!9HHJ#[7!]K-IY@$^S?L/!*^H]:`)Z*@2[@DNI+9)`TT0!
M=0#\N>F?3-3T`%%%%`!1110`444QY$2-I&8!$!+'TQUH`?15&+5[":;R8[@&
M3(7;M(Y/0=*O4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`5SAT_\`M'6M4BF:5+=VA8@)@2;1T#$>
MN.E='10!SEM)?--$9#<K-^_%VIW;0O.PKV_NXV]1FJ4=O,8+*:X:_E:6RE$A
M9I"5DPO&.W0_7WKL**`.8'GQ65E$?M:6_P!A.TQE]PG&,`XY]<`\5'$]XNH*
M\PN$F>XM_.V(P5OW6&S@8QNKJZ*`.?TY[YKZV\TSB7?,+M7W;`O.PKG@?PXQ
MU&:9K$4W]L_;;6*22>TBC95"G$B[F#H#TSA@?RKHZ*`.15)K2ZO\K<^9,UN9
M)(E8`MEM_(&=HR!QSC%-,E]):P"674%=;6<-M$BDN&^3/OC^5=A10!R]G=WK
MZK"[F[5&++('C<J/W8(.,;0,_CUR>U4X+V\D@61+FY+^7'YL9$K,1GYW`..Q
M7A3TS79.BR(R.H96&"#T(JO::?;69S!&0<8!9V;`]!DG`]A0!SLXN\0(+F_>
M(VTS!P'0DC!3/?/7&>2.M0M/J"W*HTMZ+5XXVE<QR,5<JV<8((&<<#VXKLJ*
M`.3N6OHY)&,]^SQPP,F%8!FW_-D#C.W&1[UJZ!%LM+F*5)=WVB7<)=QR"QQC
M=UR,=/6M>B@#FY?M(N=?:UBD,K>68CY9^;:H!VYZD=O>H99+K[&ODS7\B2R.
M4;RY%VG8>,9+D9Z9.,]\5U5%`''VTE](5>>74`3<0@@;P-C1C?Q]<_3MBMW0
M))GTP"X,A=)'4&7.XJ&.W.>3QCFM.B@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
#`__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
