TEMPLETON INCOME TRUST
497, 1996-05-21
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                                SUPPLEMENT TO THE
                       STATEMENT OF ADDITIONAL INFORMATION

                       Statement of Additional Information
                              dated January 1, 1996

                              Templeton Income Fund

Effective today, the Fund's name will be changed to "Templeton Global Bond 
Fund."


May 15, 1996                                           TL406 STKST 5/96



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