SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
TEMPLETON GLOBAL INVESTMENT TRUST
Statement of Additional Information dated June 27, 1994, as supplemented
December 2, 1994 for
Templeton Americas Government Securities Fund
TEMPLETON INCOME TRUST
Statement of Additional Information dated January 1, 1995 for
Templeton Income Fund and
Templeton Money Fund
The following text is added to the section entitled "PURCHASE, REDEMPTION AND
PRICING OF SHARES":
PURCHASES AT NET ASSET VALUE. Except for the Templeton Money Fund, the
following amounts will be paid by FTD, from its own resources, to securities
dealers who initiate and are responsible for purchases of $1 million or more or
for purchases made at net asset value by non-designated retirement plans:
0.75% on sales of $1 million but less than $2 million, plus 0.60% on sales of
$2 million but less than $3 million, plus 0.50% on sales of $3 million but
less than $50 million, plus 0.25% on sales of $50 million but less than $100
million, plus 0.15% on sales of $100 million or
more. In the case of purchases made at net asset value by certain designated
retirement plans (excluding IRA and IRA rollovers) described under the "How to
Buy Shares of the Fund - Net Asset Value Purchases" section of the
Prospectus, the applicable percentages are 1.00% on sales of $1 million but
less than $2 million, plus 0.80% on sales of $2 million but less than $3
million, plus 0.50% on sales of $3 million but less than $50 million, plus
0.25% on sales of $50 million but less than $100 million, plus 0.15% on
sales of $100 million or more. FTD, or one of its affiliates, may make
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payment, out of its own resources, of up to 1% of the amount purchased,
to securities dealers who initiate and are responsible for purchases made at net
asset value by certain trust companies and trust departments of banks and of
certain retirement plans of organizations with collective retirement plan assets
of $10 million or more, as described in the Prospectus. Dealer concession
breakpoints are reset every 12 months for purposes of additional purchases.
As described in the Prospectus, FTD or its affiliates may make payments, from
its own resources, to securities dealers responsible for certain purchases
at net asset value. As a condition of such payments, FTD or its affiliates
may require reimbursement from such securities dealers with respect to
certain redemptions made within 12 months of the calendar month following
purchase as well as other conditions, all of which may be imposed by an
agreement between FTD, or its affiliates, and the securities dealer.
The text of the section entitled "PURCHASE, REDEMPTION AND PRICING OF SHARES-
LETTER OF INTENT" is deleted and replaced with the following:
Purchasers who intend to invest $100,000 or more in Shares of Templeton Income
Fund, Templeton Americas Government Securities Fund or any other fund in the
Franklin Templeton Group (except Templeton Capital Accumulator Fund, Inc.,
Templeton Variable Annuity Fund, Templeton Variable Products Series Fund,
Franklin Valuemark Funds and Franklin Government Securities Trust) within 13
months (whether in one lump sum or in installments, the first of which may not
be less than 5% of the total intended amount and each subsequent installment not
less than $25 unless the investor is a qualifying employee benefit plan (the
"Benefit Plan"), including automatic investment and payroll deduction plans),
and to beneficially hold the total amount of such Shares fully paid for and
outstanding simultaneously for at least one full business day before the
expiration of that period, should execute a Letter of Intent ("LOI") on the form
provided in the Shareholder Application in the Prospectus. Payment for not
less than 5% of the total intended amount must accompany the executed LOI
unless the investor is a Benefit Plan. Except for purchases of Shares by a
Benefit Plan, those Shares purchased with the first 5% of the intended amount
stated in the LOI will be held as "Escrowed Shares" for as long as the LOI
remains unfulfilled. Although the Escrowed Shares are registered in the
investor's name, his full ownership of them is conditional upon fulfillment
of the LOI. No Escrowed Shares can be redeemed by the investor for any pur-
pose until the LOI is fulfilled or terminated. If the LOI is terminated for
any reason other than fulfillment, the Transfer Agent will redeem that
portion of the Escrowed Shares required and apply the proceeds to pay any
adjustment that may be appropriate to the sales commission on all Shares
(including the Escrowed Shares) already purchased under the LOI and apply any
unused balance to the investor's account. The LOI is not a binding obligation
to purchase any amount of Shares, but its execution will result in the purchaser
paying a lower sales charge at the appropriate quantity purchase level. A
purchase not originally made pursuant to an LOI may be included under a
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subsequent LOI executed within 90 days of such purchase. In this case, an
adjustment will be made at the end of 13 months from the effective date of the
LOI at the net asset value per Share then in effect, unless the investor makes
an earlier written request to the Principal Underwriter upon fulfilling the
purchase of Shares under the LOI. In addition, the aggregate value of any
Shares purchased prior to the 90-day period referred to above may be applied to
purchases under a current LOI in fulfilling the total intended purchases under
the LOI. However, no adjustment of sales charges previously paid on purchases
prior to the 90-day period will be made.
If an LOI is executed on behalf of a benefit plan (such plans are described
under "How to Buy Shares of the Fund - Net Asset Value Purchases" in the
Prospectus), the level and any reduction in sales charge for these employee
benefit plans will be based on actual plan participation and the projected
investments in the Franklin Templeton Group (except Templeton Capital
Accumulator Fund, Inc., Templeton Variable Annuity Fund, Templeton Variable
Products Series Fund, Franklin Valuemark Funds and Franklin Government
Securities Trust) under the LOI. Benefit Plans are not subject to the
requirement to reserve 5% of the total intended purchase, or to any penalty
as a result of the early termination of a plan, nor are Benefit Plans
entitled to receive retroactive adjustments in price for investments
made before executing LOIs.
