o112 SAI
SUPPLEMENT DATED DECEMBER 8, 1997
TO THE STATEMENT OF
ADDITIONAL INFORMATION OF
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND
DATED AUGUST 1, 1997
The Statement of Additional Information is amended as follows:
1. The first paragraph under "How Do I Buy, Sell and Exchange Shares?
- -Additional Information on Selling Shares" is replaced with the following
paragraph:
SYSTEMATIC WITHDRAWAL PLAN. There are no service charges for establishing or
maintaining a systematic withdrawal plan. Payments under the plan will be made
from the redemption of an equivalent amount of shares in your account, generally
on the 25th day of the month in which a payment is scheduled. If the 25th falls
on a weekend or holiday, we will process the redemption on the next business
day.
2. The table of principal shareholders on page 20 under "Miscellaneous
Information" is deleted in its entirety and the following sentence is added at
the end of the first paragraph on page 21:
To the best knowledge of the Fund, no other person holds beneficially or of
record more than 5% of the outstanding shares of any class.
