TEMPLETON GLOBAL INCOME FUND, INC.
                 Annual Meeting of Shareholders, February 28, 2003

An Annual Meeting of  Shareholders  of the Fund was held at the Fund's  offices,
500 East Broward  Blvd.,  Fort  Lauderdale,  Florida,  on February 28, 2003. The
purpose of the meeting was to elect four  Directors of the Fund. At the meeting,
the following  persons were elected by the shareholders to serve as Directors of
the Fund: Harris J. Ashton, Nicholas F. Brady, S. Joseph Fortunato and Andrew H.
Hines, Jr.* No other business was transacted at the meeting.

The results of the voting at the Annual Meeting are as follows:

The election of four (4) Directors:



                                            % OF          % OF                          % OF        % OF
                                         OUTSTANDING      VOTED                      OUTSTANDING    VOTED
  TERM EXPIRING 2006:          FOR         SHARES        SHARES        WITHHELD        SHARES      SHARES
--------------------------------------------------------------------------------------------------------------
                                                                               
Harris J. Ashton ......... 116,103,935    89.65%        97.91%        2,480,468        1.92%      2.09%
Nicholas F. Brady ........ 116,284,985    89.79%        98.06%        2,299,418        1.78%      1.94%
S. Joseph Fortunato ...... 116,105,814    89.65%        97.91%        2,478,589        1.91%      2.09%
Andrew H. Hines, Jr....... 116,040,873    89.60%        97.86%        2,543,530        1.96%      2.15%


* FRANK J. CROTHERS, EDITH E. HOLIDAY, BETTY P. KRAHMER, GORDON S. MACKLIN, FRED
R. MILLSAPS AND CONSTANTINE D. TSERETOPOULOS CURRENTLY  SERVE AS INDEPENDENT
DIRECTORS. CHARLES B. JOHNSON CURRENTLY SERVES AS INTERESTED  DIRECTOR.  THEIR
TERMS OF OFFICE CONTINUED AFTER THE ANNUAL MEETING OF SHAREHOLDERS.