N23C-1 Submission To: Securities and Exchange Commission, Washington, D.C.

Statement of registered closed-end investment company with respect to purchases of its own securities pursuant to Rule N23C-1 during the last calendar month.

MFS Government Markets Income Trust - MGF

Report of the calendar month ending May 31, 2004:
Date Identification of Security Shares Repurchased Repurchase Price NAV Broker
5/10/2004 Shares of beneficial interest 34,000 6.34 7.27 Merrill Lynch
5/11/2004 Shares of beneficial interest 12,900 6.39 7.28 Merrill Lynch
5/13/2004 Shares of beneficial interest 30,000 6.28 7.24 Merrill Lynch
5/14/2004 Shares of beneficial interest 32,400 6.34 7.27 Merrill Lynch
5/17/2004 Shares of beneficial interest 23,000 6.38 7.29 Merrill Lynch
5/18/2004 Shares of beneficial interest 31,000 6.34 7.28 Merrill Lynch
5/19/2004 Shares of beneficial interest 31,000 6.38 7.27 Merrill Lynch
5/24/2004 Shares of beneficial interest 22,000 6.44 7.29 Merrill Lynch
5/25/2004 Shares of beneficial interest 23,000 6.52 7.29 Merrill Lynch
5/26/2004 Shares of beneficial interest 10,900 6.54 7.31 Merrill Lynch
5/27/2004 Shares of beneficial interest 23,000 6.56 7.34 Merrill Lynch
5/28/2004 Shares of beneficial interest 23,000 6.55 7.32 Merrill Lynch

Total Shares Repurchased: 296,200

Remarks? (none)

Stephanie DeSisto, Assistant Treasurer
MFS Investment Management