TEMPLETON FUNDS INC
497, 1995-07-06
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                       SUPPLEMENT TO THE PROSPECTUS

                       Prospectus dated May 1, 1995
               (as previously supplemented on May 25, 1995)

                           Templeton World Fund

                                   * * *

                     Prospectus dated May 1, 1995

                           Templeton Income Fund

                                   * * *

The prospectuses for the above Funds are hereby supplemented by
adding the following paragraph to the section entitled "How to Buy
Shares of the Fund - Net Asset Value Purchases (Both Classes)".

      Class I Shares may be purchased at net asset value and without
      the imposition of a contingent deferred sales charge by
      investors who have, within the past 60 days, redeemed an
      investment in a mutual fund which is not part of the Franklin
      Templeton Funds and which was subject to a front-end sales
      charge or a contingent deferred sales charge and which has
      investment objectives similar to those of the Fund.



July 6, 1995                                             TL STKR1 07/95




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