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PAGE 2
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<PAGE>
PAGE 3
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<PAGE>
PAGE 4
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<PAGE>
PAGE 5
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<PAGE>
PAGE 6
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<PAGE>
PAGE 7
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<PAGE>
PAGE 8
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<PAGE>
PAGE 9
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<PAGE>
PAGE 10
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PAGE 11
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PAGE 12
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PAGE 13
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PAGE 16
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<PAGE>
PAGE 18
SIGNATURE /s/JAMES R. BAIO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON GROWTH FUND FEBRUARY 28, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000805664
<NAME> TEMPLETON GROWTH FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> TEMPLETON GROWTH FUND, INC.-CLASS I
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<DISTRIBUTIONS-OF-INCOME> (309650504)
<DISTRIBUTIONS-OF-GAINS> (1624139512)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 78629180
<NUMBER-OF-SHARES-REDEEMED> (42262105)
<SHARES-REINVESTED> 84308265
<NET-CHANGE-IN-ASSETS> 1635487186
<ACCUMULATED-NII-PRIOR> 243486766
<ACCUMULATED-GAINS-PRIOR> 1388600548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (40911369)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (75623435)
<AVERAGE-NET-ASSETS> 12672922402
<PER-SHARE-NAV-BEGIN> 22.47
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 1.27
<PER-SHARE-DIVIDEND> (0.55)
<PER-SHARE-DISTRIBUTIONS> (2.88)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.50
<EXPENSE-RATIO> 1.08<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1> EXPENSE RATIO IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON GROWTH FUND FEBRUARY 28, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000805664
<NAME> TEMPLETON GROWTH FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> TEMPLETON GROWTH FUND, INC.-CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 12896419380
<INVESTMENTS-AT-VALUE> 14467164311
<RECEIVABLES> 161712099
<ASSETS-OTHER> 2489429
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 14631365839
<PAYABLE-FOR-SECURITIES> 51624910
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 30255457
<TOTAL-LIABILITIES> 81880367
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12001963959
<SHARES-COMMON-STOCK> 47754077
<SHARES-COMMON-PRIOR> 34049448
<ACCUMULATED-NII-CURRENT> 50148653
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<ACCUMULATED-NET-GAINS> 926627929
<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 14549485472
<DIVIDEND-INCOME> 110451010
<INTEREST-INCOME> 98446163
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<EXPENSES-NET> (75623435)
<NET-INVESTMENT-INCOME> 133273738
<REALIZED-GAINS-CURRENT> 1275345828
<APPREC-INCREASE-CURRENT> (505002411)
<NET-CHANGE-FROM-OPS> 903617155
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<DISTRIBUTIONS-OF-INCOME> (16117106)
<DISTRIBUTIONS-OF-GAINS> (109111661)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11398851
<NUMBER-OF-SHARES-REDEEMED> (3065449)
<SHARES-REINVESTED> 5371227
<NET-CHANGE-IN-ASSETS> 1635487186
<ACCUMULATED-NII-PRIOR> 243486766
<ACCUMULATED-GAINS-PRIOR> 1388600548
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<GROSS-ADVISORY-FEES> (40911369)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (75623435)
<AVERAGE-NET-ASSETS> 856052474
<PER-SHARE-NAV-BEGIN> 22.18
<PER-SHARE-NII> 0.15
<PER-SHARE-GAIN-APPREC> 1.20
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<PER-SHARE-DISTRIBUTIONS> (2.88)
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<PER-SHARE-NAV-END> 20.23
<EXPENSE-RATIO> 1.83<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1> EXPENSE RATIO IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON GROWTH FUND FEBRUARY 28, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000805664
<NAME> TEMPLETON GROWTH FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> TEMPLETON GROWTH FUND, INC.- ADVISOR CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 12896419380
<INVESTMENTS-AT-VALUE> 14467164311
<RECEIVABLES> 161712099
<ASSETS-OTHER> 2489429
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 14631365839
<PAYABLE-FOR-SECURITIES> 51624910
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 30255457
<TOTAL-LIABILITIES> 81880367
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12001963959
<SHARES-COMMON-STOCK> 2110353
<SHARES-COMMON-PRIOR> 1313073
<ACCUMULATED-NII-CURRENT> 50148653
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 926627929
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1570744931
<NET-ASSETS> 14549485472
<DIVIDEND-INCOME> 110451010
<INTEREST-INCOME> 98446163
<OTHER-INCOME> 0
<EXPENSES-NET> (75623435)
<NET-INVESTMENT-INCOME> 133273738
<REALIZED-GAINS-CURRENT> 1275345828
<APPREC-INCREASE-CURRENT> (505002411)
<NET-CHANGE-FROM-OPS> 903617155
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (844241)
<DISTRIBUTIONS-OF-GAINS> (4067274)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 753954
<NUMBER-OF-SHARES-REDEEMED> (192034)
<SHARES-REINVESTED> 235360
<NET-CHANGE-IN-ASSETS> 1635487186
<ACCUMULATED-NII-PRIOR> 243486766
<ACCUMULATED-GAINS-PRIOR> 1388600548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (40911369)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (75623435)
<AVERAGE-NET-ASSETS> 33663093
<PER-SHARE-NAV-BEGIN> 22.49
<PER-SHARE-NII> 0.23
<PER-SHARE-GAIN-APPREC> 1.26
<PER-SHARE-DIVIDEND> (0.59)
<PER-SHARE-DISTRIBUTIONS> (2.88)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.51
<EXPENSE-RATIO> 0.83<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1> EXPENSE RATIO IS ANNUALIZED.
</FN>
</TABLE>
