o 101 STKP
o 102 STKP
o 104 STKP
o 406 STKP
SUPPLEMENT DATED JANUARY 1, 1998
TO THE PROSPECTUSES OF
Templeton Growth Fund, Inc.
Templeton World Fund
Templeton Foreign Fund
Templeton Global Bond Fund
dated January 1, 1998
The prospectus is amended to replace the sections "Contingent Deferred Sales
Charge - Class I" and "Contingent Deferred Sales Charge - Class II", found under
"May I Exchange Shares for Shares of Another Fund? - Will Sales Charges Apply to
My Exchange?", with the following:
Contingent Deferred Sales Charge. For accounts with shares subject to a
Contingent Deferred Sales Charge, we will first exchange any shares in your
account that are not subject to the charge. If there are not enough of these
to meet your exchange request, we will exchange shares subject to the charge
in the order they were purchased. If you exchange Class I shares into one of
our money funds, the time your shares are held in that fund will not count
towards the completion of any Contingency Period. If you exchange your Class
II shares for shares of Money Fund II, however, the time your shares are held
in that fund will count towards the completion of any Contingency Period.