FRANKLIN TAX FREE TRUST
497, 1995-10-04
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                      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.



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