o 104 STKPA
o 101 STKPA
SUPPLEMENT DATED AUGUST 3, 1998
TO THE PROSPECTUSES OF
TEMPLETON FOREIGN FUND - ADVISOR CLASS
TEMPLETON GROWTH FUND, INC. - ADVISOR CLASS
dated January 1, 1998
The prospectus is amended as follows:
I.The section "Opening Your Account," found under "How Do I Buy Shares?", is
replaced in its entirety with the following:
OPENING YOUR ACCOUNT
Shares of the Fund may be purchased without a sales charge. Currently, shares of
the Fund are only available to:
1. Broker-dealers, registered investment advisors or certified financial
planners who have entered into an agreement with Distributors for clients
participating in comprehensive fee programs, subject to a $250,000 minimum
initial investment requirement or a $100,000 minimum initial investment
requirement for an individual client
2. Qualified registered investment advisors or certified financial planners who
have clients invested in the Franklin Mutual Series Fund Inc. on October 31,
1996, or who buy through a broker-dealer or service agent who has entered into
an agreement with Distributors, subject to a $1,000 minimum initial and $50
minimum subsequent investment requirement
3. Officers, trustees, directors and full-time employees of the Franklin
Templeton Funds or the Franklin Templeton Group and their immediate family
members, subject to a $100 minimum initial investment requirement
4. Each series of the Franklin Templeton Fund Allocator Series, subject to a
$1,000 minimum initial and subsequent investment requirement
5. Accounts managed by the Franklin Templeton Group. There is no minimum initial
investment requirement.
6. The Franklin Templeton Profit Sharing 401(k) Plan. There is no minimum
initial investment requirement.
To open your account, please follow the steps below. This will help avoid any
delays in processing your request.
1. Read this prospectus carefully.
2. Determine how much you would like to invest. The Fund's minimum investments
are:
/bullet/ To open your account: Varies
/bullet/ To add to your account: $25
Certain investors are subject to different minimums, as described above. We
also reserve the right to refuse any order to buy shares.
3. Carefully complete and sign the enclosed shareholder application,
including the optional shareholder privileges section. By applying for
privileges now, you can avoid the delay and inconvenience of having to send
an additional application to add privileges later. It is important that we
receive a signed application since we will not be able to process any
redemptions from your account until we receive your signed application.
4. Make your investment using the table below.
Method Steps to Follow
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By Mail For an initial investment:
Return the application to the Fund with your check made
payable to the Fund.
For additional investments:
Send a check made payable to the Fund. Please include
your account number on the check.
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By Wire 1. Call Shareholder Services or, if that number is busy,
call 1-650/312-2000 collect, to receive a wire
control number and wire instructions. You need a new
wire control number every time you wire money into your
account. If you do not have a currently effective wire
control number, we will return the money to the bank,
and we will not credit the purchase to your account.
2. For an initial investment you must also return your
signed shareholder application to the Fund.
IMPORTANT DEADLINES: If we receive your call before 1:00
p.m. Pacific time and the bank receives the wire funds
and reports the receiptof wired funds to the Fund by 3:00
p.m. Pacific time, we will credit the purchase to your
account that day. If we receive your call after 1:00 p.m.
or the bank receives the wire after 3:00 p.m., we will
credit the purchase to your account the following
business day.
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Through
Your Dealer Call your investment representative
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II. The following new item is added under "May I Exchanges Shares for Shares of
Another Fund? - Exchange Restrictions":
/bullet/ You must meet the applicable minimum investment amount of the fund
you are exchanging into, or exchange 100% of your Fund shares
III. The section "Keeping Your Account Open," found under "Transaction
Procedures and Special Requirements," is replaced in its entirety with the
following:
KEEPING YOUR ACCOUNT OPEN
Due to the relatively high cost of maintaining a small account, we may close
your account if the value of your shares is less than $250, or less than $50
for employee accounts. We will only do this if the value of your account fell
below this amount because you voluntarily sold your shares and your account
has been inactive (except for the reinvestment of distributions) for at least
six months. Before we close your account, we will notify you and give you 30
days to increase the value of your account to $1,000, or $100 for employee
accounts. These minimums do not apply to IRAs, accounts managed by the
Franklin Templeton Group, the Franklin Templeton Profit Sharing 401(k) Plan,
or the series of Franklin Templeton Fund Allocator Series.
Please keep this supplement for future reference.
