SUPPLEMENT TO THE PROSPECTUS
Prospectuses dated January 1, 1995
(as previously supplemented February 1, 1995)
Templeton Growth Fund, Inc.
Templeton World Fund
Templeton Foreign Fund
Templeton Smaller Companies Growth Fund, Inc.
Templeton Income Fund
Templeton Real Estate Securities Fund
* * *
Prospectus dated May 1, 1994
(as previously supplemented September 16, 1994
and February 1, 1995)
Templeton Developing Markets Trust
* * *
Prospectus dated May 1, 1994
(as previously supplemented November 30, 1994
and February 1, 1995)
Templeton Global Opportunities Trust
* * *
Prospectus dated July 28, 1994
(as previously supplemented on January 25, 1995 and
February 1, 1995)
Franklin Templeton Japan Fund
* * *
Prospectus dated March 14, 1994
(as previously supplemented on April 19, 1994, June 1, 1994,
June 27, 1994, September 14, 1994 and February 1, 1995)
Templeton Global Rising Dividends Fund
* * *
Prospectus dated March 14, 1994
(as previously supplemented on April 19, 1994, June 1, 1994,
June 27, 1994, September 14, 1994, January 18, 1995 and
February 1, 1995)
Templeton Global Infrastructure Fund
* * *
Prospectus dated June 27, 1994
(as previously supplemented on September 1, 1994,
November 15, 1994, December 2, 1994 and February 1, 1995)
Templeton Americas Government Securities 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 - Offering Price."
During the period March 1, 1995 through April 28, 1995, the
securities firm of TFS Securities, Inc. ("TFS") will receive
the full initial sales commission with respect to purchases
originated by TFS, from Franklin Templeton Distributors, Inc.,
the principal underwriter for the above funds.
March 1, 1995 TLTFS STKR 3/95
