<PAGE> PAGE 1
000 B000000 08/31/95
000 C000000 0000909112
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 TEMPLETON EMERGING MARKETS INCOME FUND INC.
001 B000000 811-7866
001 C000000 3055277591
002 A000000 500 EAST BROWARD BOULEVARD
002 B000000 FT. LAUDERDALE
002 C000000 FL
002 D010000 33394
002 D020000 3091
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
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007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
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007 C012000 20
007 C012100 21
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007 C012600 26
007 C012700 27
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<PAGE> PAGE 2
007 C012900 29
007 C013000 30
007 C013100 31
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<PAGE> PAGE 3
007 C018000 80
008 A000001 TEMPLETON INVESTMENT COUNSEL INC.
008 B000001 A
008 C000001 801-15125
008 D010001 FT. LAUDERDALE
008 D020001 FL
008 D030001 33394
008 D040001 3091
010 A000001 TEMPLETON GLOBAL INVESTORS INC.
010 C010001 FT. LAUDERDALE
010 C020001 FL
010 C030001 33394
010 C040001 3091
010 A000002 PAINEWEBBER INC.
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10019
011 A000001
011 B000001 8-00000000
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10004
012 A000001 CHEMICAL MELLON SHAREHOLDER INVESTMENT SERVIC
012 B000001 84-00000
012 C010001 NEW YORK
012 C020001 NY
012 C030001 07660
"013 A000001 MC GLADREY & PULLEN, LLP"
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
015 A000001 THE CHASE MANHATTAN BANK N.A.
015 B000001 C
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015 C020001 NY
015 C030001 10036
015 E010001 X
"015 A000002 CHASE MANHATTAN BANK, N.A."
015 B000002 S
015 C010002 BUENOS AIRES
015 D010002 ARGENTINA
015 E040002 X
015 A000003 CHASE MANHATTAN BANK AUSTRALIA LTD.
015 B000003 S
015 C010003 SYDNEY
015 D010003 AUSTRALIA
015 D020003 2000
015 E040003 X
015 A000004 CREDITANSTALT - BANKVEREIN
015 B000004 S
015 C010004 VIENNA
<PAGE> PAGE 4
015 D010004 AUSTRIA
015 D020004 A-1011
015 E040004 X
015 A000005 GENERALE BANK
015 B000005 S
015 C010005 BRUXELLES
015 D010005 BELGIUM
015 D020005 1000
015 E040005 X
015 A000006 RESERVE BANK
015 B000006 S
015 C010006 AUSTRACLEAR
015 D010006 AUSTRALIA
015 E040006 X
015 A000007 THE ROYAL BANK OF CANADA
015 B000007 S
015 C010007 TORONTO
015 D010007 CANADA
015 D020007 M5J-2J5
015 E040007 X
015 A000008 CANADA TRUST COMPANY
015 B000008 S
015 C010008 TORONTO
015 D010008 CANADA
015 D020008 M5J 2T2
015 E040008 X
015 A000009 STANDARD CHARTERED BANK
015 B000009 S
015 C010009 DHAKA
015 D010009 BANGLADESH
015 E040009 X
015 A000010 DEN DANSKE BANK AKTIESELSKAB
015 B000010 S
015 C010010 COPENHAGEN
015 D010010 DENMARK
015 E040010 X
015 A000011 BANK LEUMI LE-ISRAEL B.M.
015 B000011 S
015 C010011 TEL-AVIV
015 D010011 ISRAEL
015 E040011 X
015 A000012 CHASE MANHATTAN BANK N. A.
015 B000012 S
015 C010012 LONDON
015 D010012 UNITED KINGDOM
015 D020012 EC2P 2HD
015 E040012 X
015 A000013 KANSALLIS-OSAKE-PANKKI
015 B000013 S
015 C010013 HELSINKI
015 D010013 FINLAND
<PAGE> PAGE 5
015 E040013 X
015 A000014 BANQUE PARIBAS
015 B000014 S
015 C010014 PARIS
015 D010014 FRANCE
015 D020014 75078
015 E040014 X
"015 A000015 CHASE BANK, A.G."
015 B000015 S
015 C010015 FRANKFURT
015 D010015 GERMANY
015 E040015 X
015 A000016 BARCLAYS BANK
015 B000016 S
015 C010016 ATHENS
015 D010016 GREECE
015 E040016 X
"015 A000017 CHASE MANHATTAN BANK, N.A."
015 B000017 S
015 C010017 HONG KONG
015 D010017 HONG KONG
015 E040017 X
015 A000018 HONG KONG AND SHANGHAI BANKING CORP LTD
015 B000018 S
015 C010018 JAKARTA
015 D010018 INDONESIA
015 E040018 X
015 A000019 BANK OF IRELAND
015 B000019 S
015 C010019 DUBLIN
015 D010019 IRELAND
015 E040019 X
"015 A000020 CHASE MANHATTAN BANK, N.A."
015 B000020 S
015 C010020 MILAN
015 D010020 ITALY
015 E040020 X
"015 A000021 CHASE MANHATTAN BANK, N.A."
015 B000021 S
015 C010021 TOKYO
015 D010021 JAPAN
015 E040021 X
015 A000022 HONG KONG AND SHANGHAI BANKING CORP
015 B000022 S
015 C010022 SHANGHAI
015 D010022 CHINA
015 E040022 X
015 A000023 HONG KONG AND SHANGHAI BANKING CORP
015 B000023 S
015 C010023 SHENZEN
015 D010023 CHINA
<PAGE> PAGE 6
015 E040023 X
"015 A000024 CHASE MANHATTAN BANK, N.A."
015 B000024 S
015 C010024 KUALA LUMPUR
015 D010024 MALAYSIA
015 E040024 X
015 A000025 THE HONGKONG & SHANGHAI BANKING CORP
015 B000025 S
015 C010025 SEOUL
015 D010025 SOUTH KOREA
015 E040025 X
015 A000026 ABN-AMRO
015 B000026 S
015 C010026 ROTTERDAM
015 D010026 NETHERLANDS
015 E040026 X
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015 B000027 S
015 C010027 AUCKLAND
015 D010027 NEW ZEALAND
015 D020027 1036
015 E040027 X
015 A000028 DEN NORSKE BANK
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015 D010028 NORWAY
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015 B000030 S
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"015 A000031 CHASE MANHATTAN BANK, N.A."
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015 B000032 S
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015 E040032 X
015 A000033 HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000033 S
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<PAGE> PAGE 7
015 D020033 1
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015 E040036 X
015 A000037 FIRST NATIONAL BANK OF BOSTON
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015 D010041 MEXICO
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015 C010042 JOHANNESBURG
015 D010042 SOUTH AFRICA
015 E040042 X
015 A000043 FIRST CHICAGO CLEARING CENTRE
015 B000043 S
<PAGE> PAGE 8
015 C010043 LONDON
015 D010043 UNITED KINGDOM
015 E040043 X
"015 A000044 CESKOSLOVENSKA OBCHODNI BANKA, S.A."
015 B000044 S
015 C010044 BRATISLAVA
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"015 A000045 CHASE MANHATTAN BANK,N.A."
015 B000045 S
015 C010045 MEXICO
015 D010045 MEXICO
015 E040045 X
015 A000046 NATIONAL BANK OF EGYPT
015 B000046 S
015 C010046 CAIRO
015 D010046 EGYPT
015 E040046 X
015 A000047 BARCLAYS BANK OF GHANA
015 B000047 S
015 C010047 ACCRA
015 D010047 GHANA
015 E040047 X
015 A000048 DELETE
015 A000049 HONGKONG AND SHANGHAI BANKING CORP
015 B000049 S
015 C010049 PORT LOUIS
015 D010049 MAURITIUS
015 E040049 X
015 A000050 BANQUE COMMERCIALE DU MAROC
015 B000050 S
015 C010050 CASABLANCA
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015 E040050 X
015 A000051 BARCLAYS BANK OF ZIMBABWE
015 B000051 S
015 C010051 HARARE
015 D010051 ZIMBABWE
015 E040051 X
015 A000052 CITITRUST COLUMBIA S.A.
015 B000052 S
015 C010052 SANTA FE DE BOGOTA
015 D010052 COLOMBIA
015 E040052 X
015 A000053 CITIBANK N.A.
015 B000053 S
015 C010053 KARACHI
015 D010053 PAKISTAN
015 E040053 X
015 A000054 CITIBANK
015 B000054 S
<PAGE> PAGE 9
015 C010054 LIMA
015 D010054 PERU
015 E040054 X
015 A000055 BANK HANDLOWY W. WARSAWIE S.A.
015 B000055 S
015 C010055 WARSAW
015 D010055 POLAND
015 E040055 X
015 A000056 CITIBANK N.A
015 B000056 S
015 C010056 CARACAS
015 D010056 VENEZUELA
015 E040056 X
015 A000057 CITIBANK BUDAPEST RT
015 B000057 S
015 C010057 BUDAPEST
015 D010057 HUNGARY
015 E040057 X
018 000000 Y
019 A000000 Y
019 B000000 190
019 C000000 FRNKTEMGRP
020 C000001 0
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020 C000003 0
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020 C000006 0
020 C000007 0
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021 000000 0
022 A000001 CHASE MANHATTAN
022 B000001 13-2633612
022 C000001 246484
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022 A000002 LEHMAN BROS
022 B000002 13-2518466
022 C000002 364798
022 D000002 79297
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003 294296
022 D000003 52158
022 A000004 BEAR STEARNS
022 B000004 13-3299429
022 C000004 55121
022 D000004 45064
"022 A000005 SALOMON BROTHERS, INC."
022 B000005 13-3082694
<PAGE> PAGE 10
022 C000005 17757
022 D000005 71084
022 A000006 MORGAN STANLEY
022 B000006 13-2655998
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022 C000007 40836
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022 D000008 0
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022 B000009 0000000000
022 C000009 5538
022 D000009 30878
022 A000010 JAMES CAPEL
022 B000010 52-1348224
022 C000010 0
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025 D000001 5051
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<PAGE> PAGE 11
026 G020000 N
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
070 I020000 N
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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SIGNATURE JAMES R. BAIO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON EMERGING MARKETS INCOME FUND, INC. AUGUST 31, 1995 ANNUAL
REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000909112
<NAME> TEMPLETON EMERGING MARKETS INCOME FUND, INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> AUG-31-1995
<INVESTMENTS-AT-COST> 564641467
<INVESTMENTS-AT-VALUE> 530143347
<RECEIVABLES> 23471096
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1442217
<TOTAL-ASSETS> 555056660
<PAYABLE-FOR-SECURITIES> 5827077
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 781573
<TOTAL-LIABILITIES> 6608650
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 664938967
<SHARES-COMMON-STOCK> 47605757
<SHARES-COMMON-PRIOR> 47605757
<ACCUMULATED-NII-CURRENT> 8031520
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (91202571)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (33319906)
<NET-ASSETS> 548448010
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 67716764
<OTHER-INCOME> 0
<EXPENSES-NET> 4340681
<NET-INVESTMENT-INCOME> 63376083
<REALIZED-GAINS-CURRENT> (72882161)
<APPREC-INCREASE-CURRENT> 29031471
<NET-CHANGE-FROM-OPS> 19525393
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (59031139)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (39505746)
<ACCUMULATED-NII-PRIOR> 8215877
<ACCUMULATED-GAINS-PRIOR> (22849711)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2284662
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4340681
<AVERAGE-NET-ASSETS> 537600022
<PER-SHARE-NAV-BEGIN> 12.35
<PER-SHARE-NII> 1.33
<PER-SHARE-GAIN-APPREC> (.92)
<PER-SHARE-DIVIDEND> (1.24)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.52
<EXPENSE-RATIO> .81<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>RATIO OF EXPENSES EXCLUSIVE OF FEE WAIVER WAS 1.28% FOR AUGUST 31, 1995.
</FN>
</TABLE>
The Board of Directors and Shareholders
Templeton Emerging Markets Income Fund, Inc.
In planning and performing our audit of the financial statements of Templeton
Emerging Income Markets Income Fund, Inc. for the year ended August 31, 1995, we
considered its internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on the internal control
structure.
The management of Templeton Emerging Markets Income Fund, Inc. is responsible
for establishing and maintaining an internal control structure. In fulfilling
this responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of internal control structure
policies and procedures. Two of the objectives of an internal control structure
are to provide management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or disposition and
that transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also, projection of any evaluation
of the structure to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined above as of
August 31, 1995.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission.
/s/MCGLADREY & PULLEN, LLP
McGladrey & Pullen, LLP
New York, New York
September 29, 1995
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