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SUPPLEMENT DATED JANUARY 15, 1998 TO THE PROSPECTUS OF TEMPLETON GROWTH FUND, INC. DATED JANUARY 1, 1998 The section "Sales Charge Waivers" under "How Do I Buy Shares? - Sales Charge Reductions and Waivers" is amended to add the following new category to the list of sales charge waiver categories: 7. Tender proceeds from the Templeton Vietnam Opportunities Fund, Inc. if you have directed the proceeds to be invested in the Fund under the terms of the "Offer to Purchase" dated December 19, 1997.
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