UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 ------------------------ OMB APPROVAL ------------------------ OMB Number: 3235-0080 Expires: February 28, 2009 Extimated average burden hours per response....1.00 ------------------------ FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(B) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission File Number 811-04985 -------------- Templeton Emerging Markets Fund: NYSE Arca, Inc.(formerly Pacific Exchange,Inc.) ------------------------------------------------------------------------------- (Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered) 500 East Broward Blvd., Suite 2100, Fort Lauderdale, FL 33394-3091 ------------------------------------------------------------------------------- (Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices) Shares of Beneficial Interest (without par value) ------------------------------------------------------------------------------- (Description of class of securities) Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration: [ ] 17 CFR 240.12d2-2(a)(1) [ ] 17 CFR 240.12d2-2(a)(2) [ ] 17 CFR 240.12d2-2(a)(3) [ ] 17 CFR 240.12d2-2(a)(4) [ ] Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange./1 [X] Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange. Pursuant to the requirements of the Securities Exchange Act of 1934, TEMPLETON EMERGING MARKETS FUND (Name of Issuer or Exchange) certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person. October 31, 2006 By /s/ROBERT C. ROSSLEOT Secretary --------------------- ---------------------------- --------------------- Date Name Title ----------------------- 1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions. PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION SEC 1654 (03-06) CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYSA CURRENTLY VALID OMB CONTROL NUMBER.