Registration Nos. 33- 53147
333-12101
Filing under Rule 424(b)(3)
PRICING SUPPLEMENT NO. (14) DATED (April 16, 1998)
(To Prospectus and Prospectus Supplement dated October 9, 1996)
FRANKLIN RESOURCES, INC.
Medium-Term Notes
With Maturities of Nine Months or More From Date of Issue
The Notes offered hereby have such other terms as are described in the
accompanying Prospectus Supplement dated October 9, 1996 relating to such Notes.
Offering Agent: Merrill Lynch & Co.
Notes Sold:
[ ] To Offering Agent as Principal
[X] To Investor or Other Purchaser Through
Offering Agent as Agent for Franklin
Resources, Inc.
With Respect to Notes
Sold to Offering Agent
as Principal, Such Notes
Will be Resold to
Investors/Other Purchasers:
[ ] At a Fixed Offering Price of % of
Their Principal Amount
[ ] At Varying Prices Related to Prevailing
Market Prices at Time of Resale
With Respect to Notes Sold to an Investor/Other Purchaser Through Offering
Agent Acting as Agent for Franklin Resources, Inc., Such Notes Will be
Sold:
[X] At 100% of Their Principal Amount
[ ] At % of Their Principal
Amount
Offering Agent's Commission: .25%
Principal Amount: $25,000,000
Original Issue Date
(Settlement Date): April 15, 1998
Stated Maturity Date: April 17, 2000
Issue Price: $25,000,000
Currency Determination
Agent (if other than
The Chase Manhattan Bank):
Interest Rate(s)
(Fixed Rate Notes): 5.96%
Initial Interest Rate
(Floating Rate Notes): N/A
Interest Payment Dates: [X] April 15 and October 15 of
each year
[ ] Other:
Regular Record Dates (If other than the fifteenth calendar day (whether or not a
Business Day) next preceding each Interest Payment Date):
Interest Rate Basis or Bases
(Floating Rate Notes): [ ] Commercial Paper Rate
[ ] Prime Rate
[ ] Telerate LIBOR
Page:
Index Currency:
[ ] Reuters LIBOR
Page:
Index Currency:
N/A [ ] Treasury Rate
[ ] CD Rate
[ ] Federal Funds Rate
[ ] CMT Rate
Designated CMT Telerate Page:
If Telerate Page 7052
[ ] Weekly Average
[ ] Monthly Average
Designated CMT Maturity Index:
[ ] Other:
Index Maturity (Floating
Rate Notes): N/A
Spread (Floating Rate
Notes): N/A
Spread Multiplier (Floating
Rate Notes): N/A
Interest Reset Period
(Floating Rate Notes): N/A
Interest Reset Dates (Floating
Rate Notes): N/A
Initial Interest Reset Date
(Floating Rate Notes): N/A
Calculation Agent (if other
than The Chase Manhattan Bank)
(Floating Rate Notes): N/A
Minimum Interest Rate (Floating
Rate Notes): N/A
Maximum Interest Rate (Floating
Rate Notes): N/A
Redemption:
[X] These Notes cannot be redeemed prior to the Stated
Maturity Date
[ ] These Notes may be redeemed prior to the Stated
Maturity Date
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction: _______%
until Redemption Percentage is 100% of the
principal amount.
Optional Repayment:
[X] These Notes cannot be repaid prior to the Stated
Maturity Date
[ ] These Notes can be repaid prior to the Stated
Maturity Date at the option of the holder of the
Notes.
Optional Repayment Date(s):
Optional Repayment Price(s):
Form of Note: [X] Global Security
[ ] Certificated Note
INTEREST CALCULATION:
[X] Fixed Rate Note
[ ] Regular Floating Rate Note
[ ] Floating Rate/Fixed Rate
Fixed Rate Commencement Date:
Fixed Interest Rate:
[ ] Inverse Floating Rate Note
Fixed Interest Rate:
DAY COUNT CONVENTION:
(If no Day Count Convention is specified below, the Day Count Convention for the
period from the Original Issue Date until the principal of, premium, if any, and
interest on these Notes are paid in full will be as set forth in the Prospectus
Supplement referred to above.)
[X] 30/360 for the period from April 15, 1998 to April 17, 2000
[ ] Actual/360 for the period from to .
[ ] Actual/Actual for the period from to .
Applicable Interest Rate Basis:
Original Issue
Discount Note: [ ] Yes
[X] No
Total Amount of OID: N/A
Issue Price (expressed as a
percentage of aggregate
principal amount): N/A
Yield to Maturity: N/A
Initial Accrual
Period OID: N/A
Method Used to Determine
Yield For Initial Accrual
Period: [ ] Approximate
N/A [ ] Exact
Other Provisions:
