Supplement Dated September 25, 1995
to the Statement of Additional Information
of the
FRANKLIN TAX-FREE TRUST
Arizona Insured Tax-Free Income Fund
Florida Insured Tax-Free Income Fund
Insured Tax-Free Income Fund
Massachusetts Insured Tax-Free Income Fund
Michigan Insured Tax-Free Income Fund
Minnesota Insured Tax-Free Income Fund
Ohio Insured Tax-Free Income Fund
dated May 1, 1995
Under the subsection "The Class I Plan" of the section titled "Plans of
Distribution", please note the following changes:
The first paragraph of this section is revised to reflect that 0.15% is 3/20 of
1%, not 1/15 of 1%.
The second and third paragraphs of this section are inapplicable to the Arizona
Insured and Florida Insured Funds.