oFCF STKP
SUPPLEMENT DATED MAY 1, 1998
TO THE PROSPECTUS OF
FRANKLIN CUSTODIAN FUNDS, INC.
DATED FEBRUARY 1, 1998
The prospectus is amended as follows:
I. The section "Management Team - Income Series" found under "Who Manages the
Fund?" is revised to add Frederick G. Fromm to the management team, effective
January 1998, and to add the following:
Frederick G. Fromm
Portfolio Manager of Advisers
Mr. Fromm holds a Bachelor of Arts degree in Business Economics from the
University of California, Santa Barbara. He has been with the Franklin Templeton
Group since 1992.
II. The following definition is revised in the "Useful Terms and Definitions"
section:
CONTINGENCY PERIOD - For Class I shares, the 12 month period during which a
Contingent Deferred Sales Charge may apply. For Class II shares, the
contingency period is 18 months. The holding period for Class I begins on the
first day of the month in which you buy shares. Regardless of when during the
month you buy Class I shares, they will age one month on the last day of that
month and each following month. The holding period for Class II begins on the
day you buy your shares. For example, if you buy Class II shares on the 18th of
the month, they will age one month on the 18th day of the next month and each
following month.
