<PAGE>
PAGE 1
000 A000000 08/31/97
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 9545277591
002 A000000 500 EAST BROWARD BOULEVARD
002 B000000 FT. LAUDERDALE
002 C000000 FL
002 D010000 33394
002 D020000 3091
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004 000000 N
005 000000 N
006 000000 N
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007 C010800 8
007 C010900 9
007 C011000 10
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008 B000001 A
008 C000001 801-15125
008 D010001 FT. LAUDERDALE
008 D020001 FL
008 D030001 33394
008 D040001 3091
010 A000001 FRANKLIN TEMPLETON SERVICES, INC.
010 C010001 FT. LAUDERDALE
010 C020001 FL
010 C030001 33394
010 C040001 3091
011 A000001 PAINE WEBBER
011 B000001 8-00000000
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10004
012 A000001 CHASEMELLON SHAREHOLDERS SERVICES, INC.
<PAGE>
PAGE 2
012 B000001 84-00000
012 C010001 RIDGEFIELD PARK
012 C020001 NJ
012 C030001 07660
012 A000002 PAINE WEBBER
012 B000002 84-0000000
012 C010002 NEW YORK
012 C020002 NY
012 C030002 10004
013 A000001 MCGLADREY & PULLEN, LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
013 B040001 2416
015 A000001 THE CHASE MANHATTAN BANK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10081
015 E010001 X
015 A000002 THE CHASE MANHATTAN BANK
015 B000002 S
015 C010002 BUENOS AIRES
015 D010002 ARGENTINA
015 D020002 1061
015 E040002 X
015 A000003 THE CHASE MANHATTAN BANK
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
015 D010004 AUSTRIA
015 D020004 A-1011
015 E040004 X
015 A000005 STANDARD CHARTERED BANK
015 B000005 S
015 C010005 DHAKA
015 D010005 BANGLADESH
015 D020005 1000
015 E040005 X
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015 B000006 S
015 C010006 BRUXELLES
015 D010006 BELGIUM
015 D020006 1000
015 E040006 X
015 A000007 BARCLAYS BANK OF BOTSWANA LIMITED
<PAGE>
PAGE 3
015 B000007 S
015 C010007 GABORONE
015 D010007 BOTSWANA
015 E040007 X
015 A000008 THE ROYAL BANK OF CANADA
015 B000008 S
015 C010008 TORONTO
015 D010008 CANADA
015 D020008 M5J-2J5
015 E040008 X
015 A000009 CANADA TRUST COMPANY
015 B000009 S
015 C010009 TORONTO
015 D010009 CANADA
015 D020009 M5J-2T2
015 E040009 X
015 A000010 THE HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000010 S
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015 D010010 CHINA
015 D020010 200120
015 E040010 X
015 A000011 THE HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000011 S
015 C010011 SHENZHEN
015 D010011 CHINA
015 E040011 X
015 A000012 CITITRUST COLOMBIA S.A.
015 B000012 S
015 C010012 BOGOTA
015 D010012 COLOMBIA
015 E040012 X
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015 B000013 S
015 C010013 PRAHA
015 D010013 CZECH REPUBLIC
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015 E040013 X
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015 B000014 S
015 C010014 COPENHAGEN
015 D010014 DENMARK
015 E040014 X
015 A000015 NATIONAL BANK OF EGYPT
015 B000015 S
015 C010015 CAIRO
015 D010015 EGYPT
015 E040015 X
015 A000016 MERITA BANK LTD
015 B000016 S
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<PAGE>
PAGE 4
015 D010016 FINLAND
015 E040016 X
015 A000017 BANQUE PARIBAS
015 B000017 S
015 C010017 PARIS
015 D010017 FRANCE
015 D020017 75078
015 E040017 X
015 A000018 CHASE MANHATTAN BANK A.G.
015 B000018 S
015 C010018 FRANKFURT
015 D010018 GERMANY
015 E040018 X
015 A000019 BARCLAYS BANK OF GHANA LTD
015 B000019 S
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015 E040019 X
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015 B000020 S
015 C010020 ATHENS
015 D010020 GREECE
015 D020020 10562
015 E040020 X
015 A000021 THE CHASE MANHATTAN BANK
015 B000021 S
015 C010021 HONG KONG
015 D010021 HONG KONG
015 E040021 X
015 A000022 CITIBANK BUDAPEST RT
015 B000022 S
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015 D010022 HUNGARY
015 D020022 H-1051
015 E040022 X
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015 B000023 S
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015 E040023 X
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015 B000025 S
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<PAGE>
PAGE 5
015 D020025 61000
015 E040025 X
015 A000026 BANQUE PARIBAS
015 B000026 S
015 C010026 MILAN
015 D010026 ITALY
015 D020026 20121
015 E040026 X
015 A000027 THE FUJI BANK LTD
015 B000027 S
015 C010027 TOKYO
015 D010027 JAPAN
015 E040027 X
015 A000028 BARCLAYS BANK OF KENYA
015 B000028 S
015 C010028 NAIROBI
015 D010028 KENYA
015 E040028 X
015 A000029 THE CHASE MANHATTAN BANK
015 B000029 S
015 C010029 KUALA LUMPUR
015 D010029 MALAYSIA
015 D020029 50250
015 E040029 X
015 A000030 THE HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000030 S
015 C010030 CUREPIPE
015 D010030 MAURITIUS
015 E040030 X
015 A000031 THE CHASE MANHATTAN BANK S.A.
015 B000031 S
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015 D010031 MEXICO
015 D020031 01210
015 E040031 X
015 A000032 BANQUE COMMERCIALE DU MAROC
015 B000032 S
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015 E040032 X
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<PAGE>
PAGE 6
015 E040034 X
015 A000035 DEN NORSKE BANK
015 B000035 S
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015 B000036 S
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015 E040036 X
015 A000037 CITIBANK, N.A.
015 B000037 S
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015 D010040 PORTUGAL
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015 E040040 X
015 A000041 THE CHASE MANHATTAN BANK
015 B000041 S
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015 D010041 SINGAPORE
015 D020041 189720
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015 A000042 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000042 S
015 C010042 BRATISLAVA
015 D010042 SLOVAK REPUBLIC
015 D020042 815 63
015 E040042 X
015 A000043 THE STANDARD BANK OF SOUTH AFRICA LTD.
015 B000043 S
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<PAGE>
PAGE 7
015 D010043 SOUTH AFRICA
015 D020043 2001
015 E040043 X
015 A000044 THE HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000044 S
015 C010044 SEOUL
015 D010044 SOUTH KOREA
015 E040044 X
015 A000045 THE CHASE MANHATTAN BANK
015 B000045 S
015 C010045 MADRID
015 D010045 SPAIN
015 D020045 28046
015 E040045 X
015 A000046 HONGKONG AND SHANGHAI BANKING CORP LTD
015 B000046 S
015 C010046 COLOMBO
015 D010046 SRI LANKA
015 D020046 1
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015 A000047 SKANDINAVISKA ENSKILDA BANKEN
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015 C010047 STOCKHOLM
015 D010047 SWEDEN
015 D020047 S-106-40
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015 A000048 UNION BANK OF SWITZERLAND
015 B000048 S
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015 D020048 8021
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<PAGE>
PAGE 8
015 C010052 MONTEVIDEO
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<PAGE>
PAGE 9
015 E040061 X
015 A000062 STANBIC BANK SWAZILAND LTD
015 B000062 S
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015 A000063 CEDEL S.A.
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015 C010063 LUXEMBOURG
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015 A000064 FIRST CHICAGO CLEARING CENTRE
015 B000064 S
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015 D010064 UNITED KINGDOM
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015 A000066 THE BRITISH BANK OF THE MIDDLE EAST
015 B000066 S
015 C010066 RAS-BEIRUT
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015 A000067 THE BRITISH BANK OF THE MIDDLE EAST
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015 B000068 S
015 C010068 SAO PAULO
015 D010068 BRAZIL
015 D020068 04719-002
015 E040068 X
015 A000069 THE HONGKONG AND SHANGHAI BANKING CORP LTD
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015 D020069 400 001
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<PAGE>
PAGE 10
015 B000071 S
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<PAGE>
PAGE 11
022 C000007 179567
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<PAGE>
PAGE 12
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<PAGE>
PAGE 13
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PAGE 14
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<PAGE>
PAGE 15
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<PAGE>
PAGE 16
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PAGE 17
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<PAGE>
PAGE 18
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SIGNATURE /s/JAMES R. BAIO
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, 1997 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-31-1997
<PERIOD-END> AUG-31-1997
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<INVESTMENTS-AT-VALUE> 660493100
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<TOTAL-ASSETS> 812956646
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<SHARES-COMMON-STOCK> 47605757
<SHARES-COMMON-PRIOR> 47605757
<ACCUMULATED-NII-CURRENT> 7034740
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16585470)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26823267
<NET-ASSETS> 682211504
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 64094868
<OTHER-INCOME> 0
<EXPENSES-NET> 7777683
<NET-INVESTMENT-INCOME> 56317185
<REALIZED-GAINS-CURRENT> 53696242
<APPREC-INCREASE-CURRENT> 16278173
<NET-CHANGE-FROM-OPS> 126291600
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (59031138)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 67260462
<ACCUMULATED-NII-PRIOR> 9474408
<ACCUMULATED-GAINS-PRIOR> (70007427)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5556349
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<GROSS-EXPENSE> 7777683
<AVERAGE-NET-ASSETS> 653688087
<PER-SHARE-NAV-BEGIN> 12.92
<PER-SHARE-NII> 1.18
<PER-SHARE-GAIN-APPREC> 1.47
<PER-SHARE-DIVIDEND> (1.24)
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</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 Markets Income Fund, Inc. for the year ended August 31, 1997, we
considered its internal control, including controls over 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.
The management of Templeton Emerging Markets Income Fund, Inc. is responsible
for establishing and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of controls. Generally, controls that are
relevant to an audit pertain to the entity's objective of preparing financial
statements for external purposes that are fairly presented in conformity with
generally accept accounting principles. Those controls include safeguarding of
assets against unauthorized acquisition, use, or disposition.
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 would not necessarily disclose all
matters in internal control 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 component 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,
including controls over safeguarding securities, that we consider to be material
weaknesses as defined above as of August 31, 1997.
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 26, 1997
