POWER OF ATTORNEY
The undersigned Officers and Directors of TEMPLETON FUNDS, INC. (the
"Registrant") hereby appoint Bruce G. Leto, Deborah R. Gatzek, Murray L.
Simpson,Barbara J. Green and David P. Goss (with full power to each of them to
act alone) his/her attorney-in-fact and agent, in all capacities, to execute,
file or withdraw any of the documents referred to below relating to
Post-Effective Amendments to the Registrant's registration statement on Form
N-1A under the Investment Company Act of 1940, as amended, and/or Registrant's
registration statements on Form N-14 under the Securities Act of 1933, as
amended, or any amendments to such registration statements covering the sale of
shares by the Registrant under prospectuses becoming effective after this date,
including any amendment or amendments increasing or decreasing the amount of
securities for which registration is being sought, with all exhibits and any and
all documents required to be filed with respect thereto with any regulatory
authority. Each of the undersigned grants to each of said attorneys, full
authority to do every act necessary to be done in order to effectuate the same
as fully, to all intents and purposes as he/she could do if personally present,
thereby ratifying all that said attorneys-in-fact and agents, may lawfully do or
cause to be done by virtue hereof.
This Power of Attorney may be executed in one or more
counterparts, each of which shall be deemed to be an original, and all of which
shall be deemed to be a single document.
The undersigned Officers and Directors hereby execute this
Power of Attorney as of the 28th day of November, 2000.
/s/HARRIS J. ASHTON /s/RUPERT H. JOHNSON, JR.
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Harris J. Ashton, Director Rupert H. Johnson, Jr., Director
/s/NICHOLAS F. BRADY /s/BETTY P. KRAHMER
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Nicholas F. Brady, Director Betty P. Krahmer, Director
/s/S. JOSEPH FORTUNATO /s/GORDON S. MACKLIN
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S. Joseph Fortunato, Director Gordon S. Macklin, Director
/s/JOHN WM. GALBRAITH /s/FRED R. MILLSAPS
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John Wm. Galbraith, Director Fred R. Millsaps, Director
/s/ANDREW H. HINES, JR. /s/MARK G. HOLOWESKO
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Andrew H. Hines, Jr., Director Mark G. Holowesko, President
/s/CHARLES B. JOHNSON /s/BRUCE S. ROSENBERG
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Charles B. Johnson, Director Bruce S. Rosenberg, Treasurer
