SUPPLEMENT TO THE PROSPECTUS
PROSPECTUSES DATED JANUARY 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,
DECEMBER 2, 1994 AND DECEMBER 6, 1994)
Templeton Developing Markets Trust
* * *
PROSPECTUS DATED MAY 1, 1994
(AS PREVIOUSLY SUPPLEMENTED NOVEMBER 30, 1994
AND DECEMBER 6, 1994)
Templeton Global Opportunities Trust
* * *
PROSPECTUS DATED JULY 28, 1994
(AS PREVIOUSLY SUPPLEMENTED DECEMBER 6, 1994)
Franklin Templeton Japan Fund
* * *
PROSPECTUSES DATED MARCH 14, 1994
(AS PREVIOUSLY SUPPLEMENTED APRIL 19, 1994, JUNE 1, 1994,
JUNE 27, 1994, SEPTEMBER 14, 1994 AND DECEMBER 6, 1994)
Templeton Global Rising Dividends Fund
Templeton Global Infrastructure Fund
* * *
PROSPECTUS DATED JUNE 27, 1994
(AS PREVIOUSLY SUPPLEMENTED SEPTEMBER 1, 1994,
NOVEMBER 15, 1994 AND DECEMBER 6, 1994)
TEMPLETON AMERICAS GOVERNMENT SECURITIES FUND
* * *
<PAGE>
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."
During the period February 1, 1995 through April 28, 1995, the securities
firm of Cadaret Grant & Co., Inc. ("Cadaret Grant") will receive the
entire sales charge on purchases of Shares of the Fund for accounts which
Cadaret Grant is the broker-dealer of record.
February 1, 1995 TLCAD STKR 2/95
