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PAGE 2
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PAGE 3
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PAGE 4
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PAGE 5
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PAGE 6
015 E040111 X
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PAGE 7
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PAGE 8
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PAGE 9
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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 14
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PAGE 15
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PAGE 16
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PAGE 17
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PAGE 18
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015 C010229 WINDHOEK
015 D010229 NAMIBIA
015 E040229 X
015 A000230 HONG KONG AND SHANGHAI BANKING CORP
015 B000230 S
015 C010230 PORT LOUIS
015 D010230 MAURITIUS
015 E040230 X
015 A000231 DEN NORSKE BANK
015 B000231 S
015 C010231 OSLO
015 D010231 NORWAY
015 E040231 X
015 A000232 MEESPIERSON
015 B000232 S
015 C010232 AMSTERDAM
015 D010232 NETHERLANDS
015 D020232 1012 KK
015 E040232 X
015 A000233 ANZ BANKING GROUP LIMITED
015 B000233 S
015 C010233 WELLINGTON
015 D010233 NEW ZEALAND
015 E040233 X
PAGE 19
015 A000234 STANDARD CHARTERED BANK
015 B000234 S
015 C010234 KARACHI
015 D010234 PAKISTAN
015 D020234 74000
015 E040234 X
015 A000235 CITIBANK N.A.
015 B000235 S
015 C010235 LIMA
015 D010235 PERU
015 D020235 27
015 E040235 X
015 A000236 HONG KONG AND SHANGHAI BANKING CORP
015 B000236 S
015 C010236 MANILA
015 D010236 PHILIPPINES
015 E040236 X
015 A000237 BANCO COMERCIAL PORTUGUES
015 B000237 S
015 C010237 LISBON
015 D010237 PORTUGAL
015 E040237 X
015 A000238 THE BRITISH BANK OF THE MIDDLE EAST
015 B000238 S
015 C010238 RUWI
015 D010238 OMAN
015 D020238 112
015 E040238 X
015 A000239 UNITED OVERSEAS BANK
015 B000239 S
015 C010239 SINGAPORE
015 D010239 SINGAPORE
015 D020239 048624
015 E040239 X
015 A000240 STANDARD BANK OF SOUTH AFRICA
015 B000240 S
015 C010240 JOHANNESBURG
015 D010240 SOUTH AFRICA
015 D020240 2001
015 E040240 X
015 A000241 STANDARD CHARTERED BANK
015 B000241 S
015 C010241 SEOUL
015 D010241 SOUTH KOREA
015 E040241 X
015 A000242 BANCO BILBAO VIZCAYA
015 B000242 S
015 C010242 MADRID
015 D010242 SPAIN
015 E040242 X
015 A000243 STANBIC BANK SWAZILAND LTD
PAGE 20
015 B000243 S
015 C010243 M'BABANE
015 D010243 SWAZILAND
015 E040243 X
015 A000244 SKANDINAVISKA ENSKILDA BANKEN
015 B000244 S
015 C010244 STOCKHOLM
015 D010244 SWEDEN
015 D020244 10640
015 E040244 X
015 A000245 UBS AG
015 B000245 S
015 C010245 ZURICH
015 D010245 SWITZERLAND
015 D020245 8052
015 E040245 X
015 A000246 STANDARD CHARTERED BANK
015 B000246 S
015 C010246 BANGKOK
015 D010246 THAILAND
015 D020246 10500
015 E040246 X
015 A000247 OTTOMAN BANK
015 B000247 S
015 C010247 ISTANBUL
015 D010247 TURKEY
015 D020247 80670
015 E040247 X
015 A000248 THE BANK OF NEW YORK
015 B000248 S
015 C010248 LONDON
015 D010248 UNITED KINGDOM
015 D020248 EC4M 6XH
015 E040248 X
015 A000249 THE BANK OF NEW YORK
015 B000249 C
015 C010249 NEW YORK
015 C020249 NY
015 C030249 10286
015 E010249 X
015 A000250 THE BANK OF BOSTON N.A.
015 B000250 S
015 C010250 MONTEVIDEO
015 D010250 URUGUAY
015 D020250 1463
015 E040250 X
015 A000251 STANBIC BANK ZAMBIA LTD
015 B000251 S
015 C010251 LUSAKA
015 D010251 ZAMBIA
015 E040251 X
PAGE 21
015 A000252 STANBIC BANK ZIMBABWE LTD
015 B000252 S
015 C010252 HARARE
015 D010252 ZIMBABWE
015 E040252 X
015 A000253 CITIBANK BUDAPEST RT
015 B000253 S
015 C010253 BUDAPEST
015 D010253 HUNGARY
015 D020253 H-1052
015 E040253 X
015 A000254 FIRST CHICAGO CLEARING CENTRE
015 B000254 S
015 C010254 LONDON
015 D010254 UNITED KINGDOM
015 D020254 EC3A 1AA
015 E040254 X
015 A000255 CEDELBANK
015 B000255 S
015 C010255 LUXEMBOURG
015 D010255 LUXEMBOURG
015 E040255 X
015 A000256 EUROCLEAR OPERATIONS CENTRE
015 B000256 S
015 C010256 BRUSSELS
015 D010256 BELGIUM
015 E040256 X
015 A000257 BANK LEUMI LE-ISRAEL B.M.
015 B000257 S
015 C010257 TEL AVIV
015 D010257 ISRAEL
015 E040257 X
015 A000258 CREDIT SUISSE FIRST BOSTON AO
015 B000258 S
015 C010258 MOSCOW
015 D010258 RUSSIA
015 E040258 X
024 000200 Y
025 A000201 MORGAN STANLEY
025 B000201 13-2655998
025 C000201 E
025 D000201 20961
PAGE 22
028 A010200 40846
028 A020200 0
028 A030200 0
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028 B010200 30310
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PAGE 23
028 F010200 32352
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040 000200 Y
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045 000200 Y
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PAGE 24
048 F020200 0.000
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048 G020200 0.000
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048 H020200 0.000
048 I010200 0
048 I020200 0.000
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048 K010200 0
048 K020200 0.000
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 1000
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 Y
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
PAGE 25
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
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070 Q020200 N
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070 R020200 Y
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PAGE 26
072DD020200 1071
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076 000200 0.00
015 A000301 BANKBOSTON, N.A.
015 B000301 S
015 C010301 BUENOS AIRES
015 D010301 ARGENTINA
015 D020301 1005
015 E040301 X
015 A000302 NATIONAL AUSTRALIA BANK
015 B000302 S
015 C010302 MELBOURNE
015 D010302 AUSTRALIA
015 D020302 3000
015 E040302 X
PAGE 27
015 A000303 BANK AUSTRIA A.G.
015 B000303 S
015 C010303 VIENNA
015 D010303 AUSTRIA
015 D020303 1090
015 E040303 X
015 A000304 BANQUE BRUXELLES LAMBERT
015 B000304 S
015 C010304 BRUSSELS
015 D010304 BELGIUM
015 D020304 1040
015 E040304 X
015 A000305 THE BANK OF BERMUDA
015 B000305 S
015 C010305 HAMILTON
015 D010305 BERMUDA
015 E040305 X
015 A000306 STANBIC BANK BOTSWANA
015 B000306 S
015 C010306 GABORONE
015 D010306 BOTSWANA
015 D020306 00168
015 E040306 X
015 A000307 BANKBOSTON, N.A.
015 B000307 S
015 C010307 SAO PAULO
015 D010307 BRAZIL
015 D020307 01009-000
015 E040307 X
015 A000308 THE BRITISH BANK OF THE MIDDLE EAST
015 B000308 S
015 C010308 MANAMA
015 D010308 BAHRAIN
015 D020308 304
015 E040308 X
015 A000309 ROYAL BANK OF CANADA
015 B000309 S
015 C010309 TORONTO
015 D010309 CANADA
015 D020309 M5J 2J5
015 E040309 X
015 A000310 BANK OF CYPRUS
015 B000310 S
015 C010310 NICOSIA
015 D010310 CYPRUS
015 D020310 1160
015 E040310 X
015 A000311 DEN DANSKE BANK
015 B000311 S
015 C010311 COPENHAGEN
015 D010311 DENMARK
PAGE 28
015 E040311 X
015 A000312 MERITANORDBANKEN GROUP
015 B000312 S
015 C010312 HELSINKI
015 D010312 FINLAND
015 E040312 X
015 A000313 BANQUE PARIBAS
015 B000313 S
015 C010313 PARIS
015 D010313 FRANCE
015 E040313 X
015 A000314 DRESDNER BANK
015 B000314 S
015 C010314 FRANKFURT
015 D010314 GERMANY
015 D020314 60301
015 E040314 X
015 A000315 MERCHANT BANK OF GHANA LTD
015 B000315 S
015 C010315 ACCRA
015 D010315 GHANA
015 E040315 X
015 A000316 NATIONAL BANK OF GREECE S.A.
015 B000316 S
015 C010316 ATHENS
015 D010316 GREECE
015 D020316 102 32
015 E040316 X
015 A000317 HONG KONG AND SHANGHAI BANKING CORP
015 B000317 S
015 C010317 HONG KONG
015 D010317 HONG KONG
015 E040317 X
015 A000318 HONG KONG AND SHANGHAI BANKING CORP
015 B000318 S
015 C010318 JAKARTA
015 D010318 INDONESIA
015 D020318 12920
015 E040318 X
015 A000319 ALLIED IRISH BANKS PLC
015 B000319 S
015 C010319 DUBLIN
015 D010319 IRELAND
015 D020319 1
015 E040319 X
015 A000320 BANCA COMMERCIALE ITALIANA
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015 C010320 MILANO
015 D010320 ITALY
015 D020320 20121
015 E040320 X
PAGE 29
015 A000321 SOCIETE GENERALE
015 B000321 S
015 C010321 ABIDJAN
015 D010321 IVORY COAST
015 D020321 10 BP
015 E040321 X
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015 B000322 S
015 C010322 TOKYO
015 D010322 JAPAN
015 D020322 103-0021
015 E040322 X
015 A000323 THE BRITISH BANK OF THE MIDDLE EAST
015 B000323 S
015 C010323 AMMAN
015 D010323 JORDAN
015 E040323 X
015 A000324 STANBIC BANK KENYA LTD
015 B000324 S
015 C010324 NAIROBI
015 D010324 KENYA
015 E040324 X
015 A000325 HONG KONG AND SHANGHAI BANKING CORP
015 B000325 S
015 C010325 PORT LOUIS
015 D010325 MAURITIUS
015 E040325 X
015 A000326 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B000326 S
015 C010326 LUXEMBOURG
015 D010326 LUXEMBOURG
015 D020326 L-2954
015 E040326 X
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015 B000327 S
015 C010327 KUALA LUMPUR
015 D010327 MALAYSIA
015 D020327 50100
015 E040327 X
015 A000328 BANCO NACIONAL DE MEXICO
015 B000328 S
015 C010328 MEXICO D.F.
015 D010328 MEXICO
015 D020328 01210
015 E040328 X
015 A000329 BANQUE COMMERCIALE DU MAROC
015 B000329 S
015 C010329 CASABLANCA
015 D010329 MOROCCO
015 D020329 20000
015 E040329 X
PAGE 30
015 A000330 STANBIC BANK OF NAMIBIA LTD
015 B000330 S
015 C010330 WINDHOEK
015 D010330 NAMIBIA
015 E040330 X
015 A000331 THE BRITISH BANK OF THE MIDDLE EAST
015 B000331 S
015 C010331 RUWI
015 D010331 OMAN
015 D020331 112
015 E040331 X
015 A000332 MEESPIERSON
015 B000332 S
015 C010332 AMSTERDAM
015 D010332 NETHERLANDS
015 D020332 1012 KK
015 E040332 X
015 A000333 ANZ BANKING GROUP LIMITED
015 B000333 S
015 C010333 WELLINGTON
015 D010333 NEW ZEALAND
015 E040333 X
015 A000334 DEN NORSKE BANK
015 B000334 S
015 C010334 OSLO
015 D010334 NORWAY
015 E040334 X
015 A000335 CITIBANK N.A.
015 B000335 S
015 C010335 LIMA
015 D010335 PERU
015 D020335 27
015 E040335 X
015 A000336 HONG KONG AND SHANGHAI BANKING CORP
015 B000336 S
015 C010336 MANILA
015 D010336 PHILIPPINES
015 E040336 X
015 A000337 BANCO COMERCIAL PORTUGUES
015 B000337 S
015 C010337 LISBON
015 D010337 PORTUGAL
015 E040337 X
015 A000338 UNITED OVERSEAS BANK
015 B000338 S
015 C010338 SINGAPORE
015 D010338 SINGAPORE
015 D020338 048624
015 E040338 X
015 A000339 STANDARD BANK OF SOUTH AFRICA
015 B000339 S
PAGE 31
015 C010339 JOHANNESBURG
015 D010339 SOUTH AFRICA
015 D020339 2001
015 E040339 X
015 A000340 STANDARD CHARTERED BANK
015 B000340 S
015 C010340 SEOUL
015 D010340 SOUTH KOREA
015 E040340 X
015 A000341 BANCO BILBAO VIZCAYA
015 B000341 S
015 C010341 MADRID
015 D010341 SPAIN
015 E040341 X
015 A000342 STANBIC BANK SWAZILAND LTD
015 B000342 S
015 C010342 M'BABANE
015 D010342 SWAZILAND
015 E040342 X
015 A000343 SKANDINAVISKA ENSKILDA BANKEN
015 B000343 S
015 C010343 STOCKHOLM
015 D010343 SWEDEN
015 D020343 10640
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015 A000344 UBS AG
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015 D010344 SWITZERLAND
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015 A000345 STANDARD CHARTERED BANK
015 B000345 S
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015 D020345 10500
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015 A000346 OTTOMAN BANK
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015 A000347 THE BANK OF NEW YORK
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015 D020347 EC4M 6XH
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015 A000348 THE BANK OF NEW YORK
015 B000348 C
PAGE 32
015 C010348 NEW YORK
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015 A000349 THE BANK OF BOSTON N.A.
015 B000349 S
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015 D010349 URUGUAY
015 D020349 1463
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015 A000350 STANBIC BANK ZAMBIA LTD
015 B000350 S
015 C010350 LUSAKA
015 D010350 ZAMBIA
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015 D010351 ZIMBABWE
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015 D020353 74000
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015 B000354 S
015 C010354 LONDON
015 D010354 UNITED KINGDOM
015 D020354 EC3A 1AA
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015 D010356 BELGUIM
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025 A000301 MORGAN STANLEY & CO. INC.
025 B000301 13-2655998
025 C000301 E
PAGE 33
025 D000301 25748
025 A000302 BEAR STEARNS & CO. INC.
025 B000302 13-3299429
025 C000302 E
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PAGE 34
035 000300 354
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PAGE 35
060 B000300 Y
061 000300 1000
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PAGE 36
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PAGE 37
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015 A000401 BANKBOSTON, N.A.
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015 C010401 BUENOS AIRES
015 D010401 ARGENTINA
015 D020401 1005
015 E040401 X
015 A000402 NATIONAL AUSTRALIA BANK
015 B000402 S
015 C010402 MELBOURNE
015 D010402 AUSTRALIA
015 D020402 3000
015 E040402 X
015 A000403 BANK AUSTRIA AG
015 B000403 S
015 C010403 VIENNA
015 D010403 AUSTRIA
015 D020403 1090
015 E040403 X
015 A000404 BANQUE BRUXELLES LAMBERT
015 B000404 S
015 C010404 BRUSSELS
015 D010404 BELGIUM
015 D020404 1040
015 E040404 X
015 A000405 THE BANK OF BERMUDA
015 B000405 S
015 C010405 HAMILTON
015 D010405 BERMUDA
015 E040405 X
015 A000406 (SCMB) STANBIC BANK OF BOTSWANA
PAGE 38
015 B000406 S
015 C010406 GABORONE
015 D010406 BOTSWANA
015 D020406 00168
015 E040406 X
015 A000407 BANKBOSTON, N.A.
015 B000407 S
015 C010407 SAO PAULO
015 D010407 BRAZIL
015 D020407 01009-000
015 E040407 X
015 A000408 THE BRITISH BANK OF THE MIDDLE EAST
015 B000408 S
015 C010408 MANAMA
015 D010408 BAHRAIN
015 D020408 304
015 E040408 X
015 A000409 ROYAL BANK OF CANADA
015 B000409 S
015 C010409 TORONTO
015 D010409 CANADA
015 D020409 M5J 2J5
015 E040409 X
015 A000410 BANK OF CYPRUS
015 B000410 S
015 C010410 NICOSIA
015 D010410 CYPRUS
015 D020410 1160
015 E040410 X
015 A000411 DEN DANSKE BANK
015 B000411 S
015 C010411 COPENHAGEN
015 D010411 DENMARK
015 E040411 X
015 A000412 MERITA BANK PLC
015 B000412 S
015 C010412 HELSINKI
015 D010412 FINLAND
015 E040412 X
015 A000413 BANQUE PARIBAS
015 B000413 S
015 C010413 PARIS
015 D010413 FRANCE
015 E040413 X
015 A000414 DRESDNER BANK
015 B000414 S
015 C010414 FRANKFURT
015 D010414 GERMANY
015 D020414 60301
015 E040414 X
015 A000415 MERCHANT BANK OF GHANA LTD (SCMB)
PAGE 29
015 B000415 S
015 C010415 ACCRA
015 D010415 GHANA
015 E040415 X
015 A000416 NATIONAL BANK OF GREECE S.A.
015 B000416 S
015 C010416 ATHENS
015 D010416 GREECE
015 D020416 102 32
015 E040416 X
015 A000417 HONG KONG AND SHANGHAI BANKING CORP
015 B000417 S
015 C010417 HONG KONG
015 D010417 HONG KONG
015 E040417 X
015 A000418 HONG KONG AND SHANGHAI BANKING CORP
015 B000418 S
015 C010418 JAKARTA
015 D010418 INDONESIA
015 D020418 12920
015 E040418 X
015 A000419 ALLIED IRISH BANKS PLC
015 B000419 S
015 C010419 DUBLIN
015 D010419 IRELAND
015 D020419 1
015 E040419 X
015 A000420 BANCA COMMERCIALE ITALIANA
015 B000420 S
015 C010420 MILAN
015 D010420 ITALY
015 D020420 20121
015 E040420 X
015 A000421 SOCIETE GENERALE
015 B000421 S
015 C010421 ABIDJAN
015 D010421 IVORY COAST
015 E040421 X
015 A000422 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000422 S
015 C010422 TOKYO
015 D010422 JAPAN
015 D020422 1030021
015 E040422 X
015 A000423 THE BRITISH BANK OF THE MIDDLE EAST
015 B000423 S
015 C010423 AMMAN
015 D010423 JORDAN
015 E040423 X
015 A000424 STANBIC BANK OF KENYA (SCMB)
015 B000424 S
PAGE 40
015 C010424 NAIROBI
015 D010424 KENYA
015 E040424 X
015 A000425 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B000425 S
015 C010425 LUXEMBOURG
015 D010425 LUXEMBOURG
015 D020425 2954
015 E040425 X
015 A000426 HONG KONG BANK MALAYSIA BERHAD
015 B000426 S
015 C010426 KUALA LUMPUR
015 D010426 MALAYSIA
015 D020426 50100
015 E040426 X
015 A000427 BANCO NACIONAL DE MEXICO
015 B000427 S
015 C010427 MEXICO D.F.
015 D010427 MEXICO
015 D020427 01210
015 E040427 X
015 A000428 BANQUE COMMERCIALE DU MAROC
015 B000428 S
015 C010428 CASABLANCA
015 D010428 MOROCCO
015 D020428 20000
015 E040428 X
015 A000429 STANBIC BANK NAMIBIA LTD
015 B000429 S
015 C010429 WINDHOEK
015 D010429 NAMIBIA
015 E040429 X
015 A000430 HONG KONG AND SHANGHAI BANKING CORP
015 B000430 S
015 C010430 PORT LOUIS
015 D010430 MAURITIUS
015 E040430 X
015 A000431 MEES PIERSON
015 B000431 S
015 C010431 AMSTERDAM
015 D010431 NETHERLANDS
015 D020431 1012 KK
015 E040431 X
015 A000432 ANZ BANKING GROUP LIMITED
015 B000432 S
015 C010432 WELLINGTON
015 D010432 NEW ZEALAND
015 E040432 X
015 A000433 DEN NORSKE BANK
015 B000433 S
015 C010433 OSLO
PAGE 41
015 D010433 NORWAY
015 E040433 X
015 A000434 STANDARD CHARTERED BANK
015 B000434 S
015 C010434 KARACHI
015 D010434 PAKISTAN
015 D020434 74000
015 E040434 X
015 A000435 CITIBANK N.A.
015 B000435 S
015 C010435 LIMA
015 D010435 PERU
015 D020435 27
015 E040435 X
015 A000436 HONG KONG AND SHANGHAI BANKING CORP
015 B000436 S
015 C010436 MANILA
015 D010436 PHILIPPINES
015 E040436 X
015 A000437 BANCO COMERCIAL PORTUGUES
015 B000437 S
015 C010437 LISBON
015 D010437 PORTUGAL
015 E040437 X
015 A000438 THE BRITISH BANK OF THE MIDDLE EAST
015 B000438 S
015 C010438 RUWI
015 D010438 OMAN
015 D020438 112
015 E040438 X
015 A000439 UNITED OVERSEAS BANK
015 B000439 S
015 C010439 SINGAPORE
015 D010439 SINGAPORE
015 D020439 048624
015 E040439 X
015 A000440 STANDARD BANK OF SOUTH AFRICA
015 B000440 S
015 C010440 JOHANNESBURG
015 D010440 SOUTH AFRICA
015 D020440 2001
015 E040440 X
015 A000441 STANDARD CHARTERED BANK
015 B000441 S
015 C010441 SEOUL
015 D010441 SOUTH KOREA
015 E040441 X
015 A000442 BANCO BILBAO VIZCAYA
015 B000442 S
015 C010442 MADRID
015 D010442 SPAIN
PAGE 42
015 E040442 X
015 A000443 STANBIC BANK SWAZILAND (SCMB)
015 B000443 S
015 C010443 M'BABANE
015 D010443 SWAZILAND
015 E040443 X
015 A000444 SKANDINAVISKA ENSKILDA BANKEN
015 B000444 S
015 C010444 STOCKHOLM
015 D010444 SWEDEN
015 D020444 10640
015 E040444 X
015 A000445 UBS AG
015 B000445 S
015 C010445 ZURICH
015 D010445 SWITZERLAND
015 D020445 8052
015 E040445 X
015 A000446 STANDARD CHARTERED BANK
015 B000446 S
015 C010446 BANGKOK
015 D010446 THAILAND
015 D020446 10500
015 E040446 X
015 A000447 OTTOMAN BANK
015 B000447 S
015 C010447 ISTANBUL
015 D010447 TURKEY
015 D020447 80670
015 E040447 X
015 A000448 BANK OF NEW YORK
015 B000448 S
015 C010448 LONDON
015 D010448 UNITED KINGDOM
015 D020448 EC4M 6XH
015 E040448 X
015 A000449 BANK OF NEW YORK
015 B000449 C
015 C010449 NEW YORK
015 C020449 NY
015 C030449 10286
015 E010449 X
015 A000450 BANKBOSTON, N.A.
015 B000450 S
015 C010450 MONTEVIDEO
015 D010450 URUGUAY
015 E040450 X
015 A000451 STANBIC BANK ZAMBIA LTD (SCMB)
015 B000451 S
015 C010451 LUSAKA
015 D010451 ZAMBIA
PAGE 43
015 E040451 X
015 A000452 STANBIC BANK ZIMBABWE LTD (SCMB)
015 B000452 S
015 C010452 HARARE
015 D010452 ZIMBABWE
015 E040452 X
015 A000453 THE FIRST CHICAGO CLEARING CENTRE
015 B000453 S
015 C010453 LONDON
015 D010453 UNITED KINGDOM
015 D020453 EC3A 1AA
015 E040453 X
015 A000454 CEDEL BANK
015 B000454 S
015 C010454 LUXEMBOURG
015 D010454 LUXEMBOURG
015 D020454 L-1331
015 E040454 X
015 A000455 EUROCLEAR
015 B000455 S
015 C010455 BRUSSELS
015 D010455 BELGIUM
015 D020455 B-1210
015 E040455 X
015 A000456 CITIBANK BUDAPEST RT
015 B000456 S
015 C010456 BUDAPEST
015 D010456 HUNGARY
015 D020456 H-1052
015 E040456 X
015 A000457 BANK LUEMI LE-ISRAEL
015 B000457 S
015 C010457 TEL AVIV
015 D010457 ISRAEL
015 E040457 X
015 A000458 CREDIT SUISSE FIRST BOSTON AO
015 B000458 S
015 C010458 MOSCOW
015 D010458 RUSSIA
015 E040458 X
024 000400 Y
025 A000401 MORGAN STANLEY & CO. INC.
025 B000401 13-2655998
025 C000401 E
025 D000401 8436
025 A000402 BEAR STEARNS CO. INC.
025 B000402 13-3299429
025 C000402 E
025 D000402 16830
PAGE 44
028 A010400 61133
028 A020400 0
028 A030400 0
028 A040400 371041
028 B010400 82364
028 B020400 0
028 B030400 0
028 B040400 355169
028 C010400 88196
028 C020400 0
028 C030400 0
028 C040400 348784
028 D010400 80449
028 D020400 0
028 D030400 0
028 D040400 201855
028 E010400 105895
028 E020400 0
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028 F010400 96998
028 F020400 51163
028 F030400 0
028 F040400 121547
028 G010400 515035
028 G020400 51163
028 G030400 0
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028 H000400 45911
029 000400 Y
030 A000400 1273
030 B000400 5.75
030 C000400 0.00
031 A000400 107
031 B000400 0
032 000400 1166
033 000400 0
034 000400 Y
035 000400 494
036 A000400 Y
036 B000400 0
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
PAGE 45
042 F000400 0
042 G000400 0
042 H000400 100
043 000400 3997
044 000400 1722
066 A000400 Y
066 B000400 N
066 C000400 Y
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 Y
069 000400 N
071 A000400 1163814
071 B000400 2048089
071 C000400 3118620
071 D000400 37
072 A000400 6
072 B000400 12700
072 C000400 39294
072 D000400 0
072 E000400 0
072 F000400 13568
072 G000400 1285
072 H000400 0
072 I000400 2646
072 J000400 218
072 K000400 0
072 L000400 227
072 M000400 41
072 N000400 96
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 14
072 S000400 125
072 T000400 3997
072 U000400 0
072 V000400 0
072 W000400 146
072 X000400 22363
072 Y000400 831
072 Z000400 30462
072AA000400 420904
072BB000400 310817
072CC010400 326956
072CC020400 0
072DD010400 7220
PAGE 46
072DD020400 3014
072EE000400 44281
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.2600
073 C000400 0.0000
074 A000400 52880
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074 C000400 239451
074 D000400 138995
074 E000400 15024
074 F000400 2776835
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074 H000400 0
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074 J000400 64117
074 K000400 172
074 L000400 18112
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074 N000400 3432285
074 O000400 26844
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074 R030400 0
074 R040400 12429
074 S000400 0
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074 U010400 102037
074 U020400 70273
074 V010400 0.00
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074 W000400 0.0000
074 X000400 319828
074 Y000400 98866
075 A000400 0
075 B000400 3416415
076 000400 0.00
015 A000501 BANKBOSTON, N.A.
015 B000501 S
015 C010501 BUENOS AIRES
015 D010501 ARGENTINA
015 D020501 1005
015 E040501 X
015 A000502 NATIONAL AUSTRALIA BANK
015 B000502 S
015 C010502 MELBOURNE
015 D010502 AUSTRALIA
015 D020502 3000
015 E040502 X
PAGE 47
015 A000503 BANK AUSTRIA AG
015 B000503 S
015 C010503 VIENNA
015 D010503 AUSTRIA
015 D020503 1090
015 E040503 X
015 A000504 BANQUE BRUXELLES LAMBERT
015 B000504 S
015 C010504 BRUSSELS
015 D010504 BELGIUM
015 D020504 1040
015 E040504 X
015 A000505 THE BANK OF BERMUDA
015 B000505 S
015 C010505 HAMILTON
015 D010505 BERMUDA
015 E040505 X
015 A000506 STANBIC BANK OF BOTSWANA
015 B000506 S
015 C010506 GABORONE
015 D010506 BOTSWANA
015 D020506 00168
015 E040506 X
015 A000507 BANKBOSTON, N.A.
015 B000507 S
015 C010507 SAO PAULO
015 D010507 BRAZIL
015 D020507 01009-000
015 E040507 X
015 A000508 THE BRITISH BANK OF THE MIDDLE EAST
015 B000508 S
015 C010508 MANAMA
015 D010508 BAHRAIN
015 D020508 304
015 E040508 X
015 A000509 ROYAL BANK OF CANADA
015 B000509 S
015 C010509 TORONTO
015 D010509 CANADA
015 D020509 M5J 2J5
015 E040509 X
015 A000510 BANK OF CYPRUS
015 B000510 S
015 C010510 NICOSIA
015 D010510 CYPRUS
015 D020510 1160
015 E040510 X
015 A000511 DEN DANSKE BANK
015 B000511 S
015 C010511 COPENHAGEN
015 D010511 DENMARK
PAGE 48
015 E040511 X
015 A000512 MERITANORDBANKEN GROUP
015 B000512 S
015 C010512 HELSINKI
015 D010512 FINLAND
015 E040512 X
015 A000513 BANQUE PARIBAS
015 B000513 S
015 C010513 PARIS
015 D010513 FRANCE
015 E040513 X
015 A000514 DRESDNER BANK
015 B000514 S
015 C010514 FRANKFURT
015 D010514 GERMANY
015 D020514 60301
015 E040514 X
015 A000515 MERCHANT BANK OF GHANA LTD.
015 B000515 S
015 C010515 ACCRA
015 D010515 GHANA
015 E040515 X
015 A000516 NATIONAL BANK OF GREECE SA
015 B000516 S
015 C010516 ATHENS
015 D010516 GREECE
015 D020516 102 32
015 E040516 X
015 A000517 HONGKONG AND SHANGHAI BANKING CORPORATION
015 B000517 S
015 C010517 HONG KONG
015 D010517 HONG KONG
015 E040517 X
015 A000518 HONGKONG AND SHANGHAI BANKING CORPORATION
015 B000518 S
015 C010518 JAKARTA
015 D010518 INDONESIA
015 D020518 12920
015 E040518 X
015 A000519 ALLIED IRISH BANKS PLC
015 B000519 S
015 C010519 DUBLIN
015 D010519 IRELAND
015 D020519 1
015 E040519 X
015 A000520 BANCA COMMERCIALE ITALIANA
015 B000520 S
015 C010520 MILAN
015 D010520 ITALY
015 D020520 20121
015 E040520 X
PAGE 49
015 A000521 SOCIETE GENERALE
015 B000521 S
015 C010521 ABIDJAN
015 D010521 IVORY COAST
015 E040521 X
015 A000522 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000522 S
015 C010522 TOKYO
015 D010522 JAPAN
015 D020522 103-0021
015 E040522 X
015 A000523 THE BRITISH BANK OF THE MIDDLE EAST
015 B000523 S
015 C010523 AMMAN
015 D010523 JORDAN
015 E040523 X
015 A000524 STANBIC BANK OF KENYA LTD
015 B000524 S
015 C010524 NAIROBI
015 D010524 KENYA
015 E040524 X
015 A000525 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B000525 S
015 C010525 LUXEMBOURG
015 D010525 LUXEMBOURG
015 D020525 L-2954
015 E040525 X
015 A000526 HONGKONG BANK MALAYSIA BERHAD
015 B000526 S
015 C010526 KUALA LUMPUR
015 D010526 MALAYSIA
015 D020526 50100
015 E040526 X
015 A000527 BANCO NACIONAL DE MEXICO
015 B000527 S
015 C010527 MEXICO D.F.
015 D010527 MEXICO
015 D020527 01210
015 E040527 X
015 A000528 BANQUE COMMERCIALE DU MAROC
015 B000528 S
015 C010528 CASABLANCA
015 D010528 MOROCCO
015 D020528 20000
015 E040528 X
015 A000529 STANBIC BANK NAMIBIA LTD
015 B000529 S
015 C010529 WINDHOEK
015 D010529 NAMIBIA
015 E040529 X
015 A000530 HONGKONG AND SHANGHAI BANKING CORPORATION
PAGE 50
015 B000530 S
015 C010530 PORT LOUIS
015 D010530 MAURITIUS
015 E040530 X
015 A000531 DEN NORSKE BANK
015 B000531 S
015 C010531 OSLO
015 D010531 NORWAY
015 E040531 X
015 A000532 MEESPIERSON
015 B000532 S
015 C010532 AMSTERDAM
015 D010532 NETHERLANDS
015 D020532 1012 KK
015 E040532 X
015 A000533 ANZ BANKING GROUP LIMITED
015 B000533 S
015 C010533 WELLINGTON
015 D010533 NEW ZEALAND
015 E040533 X
015 A000534 STANDARD CHARTERED BANK
015 B000534 S
015 C010534 KARACHI
015 D010534 PAKISTAN
015 D020534 74000
015 E040534 X
015 A000535 CITIBANK N.A.
015 B000535 S
015 C010535 LIMA
015 D010535 PERU
015 D020535 27
015 E040535 X
015 A000536 HONGKONG AND SHANGHAI BANKING CORPORATION
015 B000536 S
015 C010536 PASIG CITY
015 D010536 PHILIPPINES
015 E040536 X
015 A000537 BANCO COMERCIAL PORTUGUES
015 B000537 S
015 C010537 LISBON
015 D010537 PORTUGAL
015 E040537 X
015 A000538 THE BRITISH BANK OF THE MIDDLE EAST
015 B000538 S
015 C010538 RUWI
015 D010538 OMAN
015 D020538 112
015 E040538 X
015 A000539 UNITED OVERSEAS BANK
015 B000539 S
015 C010539 SINGAPORE
PAGE 51
015 D010539 SINGAPORE
015 D020539 048624
015 E040539 X
015 A000540 STANDARD BANK OF SOUTH AFRICA
015 B000540 S
015 C010540 JOHANNESBURG
015 D010540 SOUTH AFRICA
015 D020540 2001
015 E040540 X
015 A000541 STANDARD CHARTERED BANK
015 B000541 S
015 C010541 SEOUL
015 D010541 SOUTH KOREA
015 E040541 X
015 A000542 BANCO BILBAO VIZCAYA
015 B000542 S
015 C010542 MADRID
015 D010542 SPAIN
015 E040542 X
015 A000543 STANBIC BANK SWAZILAND LTD
015 B000543 S
015 C010543 M'BABANE
015 D010543 SWAZILAND
015 E040543 X
015 A000544 SKANDINAVISKA ENSKILDA BANKEN
015 B000544 S
015 C010544 STOCKHOLM
015 D010544 SWEDEN
015 D020544 10640
015 E040544 X
015 A000545 UBS AG
015 B000545 S
015 C010545 ZURICH
015 D010545 SWITZERLAND
015 D020545 8052
015 E040545 X
015 A000546 STANDARD CHARTERED BANK
015 B000546 S
015 C010546 BANGKOK
015 D010546 THAILAND
015 D020546 10500
015 E040546 X
015 A000547 OTTOMAN BANK
015 B000547 S
015 C010547 ISTANBUL
015 D010547 TURKEY
015 D020547 6 80670
015 E040547 X
015 A000548 THE BANK OF NEW YORK
015 B000548 S
015 C010548 LONDON
PAGE 52
015 D010548 UNITED KINGDOM
015 D020548 EC4M 6XH
015 E040548 X
015 A000549 THE BANK OF BOSTON N.A.
015 B000549 S
015 C010549 MONTEVIDEO
015 D010549 URUGUAY
015 E040549 X
015 A000550 THE BANK OF NEW YORK
015 B000550 C
015 C010550 NEW YORK
015 C020550 NY
015 C030550 10286
015 E010550 X
015 A000551 STANBIC BANK ZAMBIA LTD
015 B000551 S
015 C010551 LUSAKA
015 D010551 ZAMBIA
015 E040551 X
015 A000552 STANBIC BANK ZIMBABWE LTD
015 B000552 S
015 C010552 HARARE
015 D010552 ZIMBABWE
015 E040552 X
015 A000553 THE FIRST NATIONAL BANK OF CHICAGO
015 B000553 S
015 C010553 LONDON
015 D010553 UNITED KINGDOM
015 D020553 NW1 3FN
015 E040553 X
015 A000554 CEDEL BANK
015 B000554 S
015 C010554 LUXEMBOURG
015 D010554 LUXEMBOURG
015 D020554 L-1331
015 E040554 X
015 A000555 EUROCLEAR
015 B000555 S
015 C010555 BRUSSELS
015 D010555 BELGIUM
015 E040555 X
015 A000556 CITIBANK BUDAPEST RT
015 B000556 S
015 C010556 BUDAPEST
015 D010556 HUNGARY
015 D020556 H-1052
015 E040556 X
015 A000557 CREDIT SUISSE FIRST BOSTON AO
015 B000557 S
015 C010557 MOSKOW
015 D010557 RUSSIA
PAGE 53
015 E040557 X
015 A000558 BANK LEUMI LE-ISRAEL B.M.
015 B000558 S
015 C010558 TEL AVIV
015 D010558 ISRAEL
015 E040558 X
024 000500 N
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032 000500 234
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034 000500 Y
035 000500 116
036 A000500 Y
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
PAGE 54
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 100
043 000500 696
044 000500 477
045 000500 Y
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047 000500 Y
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048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
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048 E020500 0.000
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048 F020500 0.000
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048 G020500 0.000
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048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
055 A000500 Y
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 1000
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
PAGE 55
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 Y
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 Y
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 Y
070 Q020500 N
070 R010500 Y
070 R020500 Y
071 A000500 409635
071 B000500 502409
071 C000500 616836
071 D000500 66
072 A000500 6
072 B000500 1740
072 C000500 13223
072 D000500 0
PAGE 56
072 E000500 0
072 F000500 2722
072 G000500 258
072 H000500 0
072 I000500 480
072 J000500 70
072 K000500 0
072 L000500 50
072 M000500 8
072 N000500 66
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 9
072 S000500 12
072 T000500 696
072 U000500 0
072 V000500 0
072 W000500 7
072 X000500 4378
072 Y000500 94
072 Z000500 10679
072AA000500 84986
072BB000500 51188
072CC010500 43747
072CC020500 0
072DD010500 5606
072DD020500 2561
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 27404
074 D000500 12091
074 E000500 0
074 F000500 597859
074 G000500 0
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074 L000500 6632
074 M000500 32615
074 N000500 724687
074 O000500 5328
074 P000500 801
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074 R010500 0
PAGE 57
074 R020500 2113
074 R030500 0
074 R040500 11891
074 S000500 0
074 T000500 704554
074 U010500 32961
074 U020500 17090
074 V010500 0.00
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074 W000500 0.0000
074 X000500 63417
074 Y000500 11457
075 A000500 0
075 B000500 685675
076 000500 0.00
015 A000601 BANK OF NEW YORK
015 B000601 C
015 C010601 NEW YORK
015 C020601 NY
015 C030601 10286
015 E010601 X
015 A000602 BANKBOSTON, N.A.
015 B000602 S
015 C010602 BUENOS AIRES
015 D010602 ARGENTINA
015 D020602 1005
015 E040602 X
015 A000603 NATIONAL AUSTRALIA BANK
015 B000603 S
015 C010603 MELBOURNE
015 D010603 AUSTRALIA
015 D020603 3000
015 E040603 X
015 A000604 BANK AUSTRIA AG
015 B000604 S
015 C010604 VIENNA
015 D010604 AUSTRIA
015 D020604 1090
015 E040604 X
015 A000605 BANQUE BRUXELLES LAMBERT
015 B000605 S
015 C010605 BRUSSELS
015 D010605 BELGIUM
015 D020605 1040
015 E040605 X
015 A000606 THE BANK OF BERMUDA
015 B000606 S
015 C010606 HAMILTON
015 D010606 BERMUDA
015 E040606 X
015 A000607 SCMB (STANBIC BANK BOTSWANA)
PAGE 58
015 B000607 S
015 C010607 GABORONE
015 D010607 BOTSWANA
015 D020607 00168
015 E040607 X
015 A000608 BANKBOSTON, N.A.
015 B000608 S
015 C010608 SAO PAULO
015 D010608 BRAZIL
015 D020608 01009-000
015 E040608 X
015 A000609 THE BRITISH BANK OF THE MIDDLE EAST
015 B000609 S
015 C010609 MANAMA
015 D010609 BAHRAIN
015 D020609 304
015 E040609 X
015 A000610 ROYAL BANK OF CANADA
015 B000610 S
015 C010610 TORONTO
015 D010610 CANADA
015 D020610 M5J 2J5
015 E040610 X
015 A000611 BANK OF CYPRUS
015 B000611 S
015 C010611 NICOSIA
015 D010611 CYPRUS
015 D020611 1160
015 E040611 X
015 A000612 DEN DANSKE BANK
015 B000612 S
015 C010612 COPENHAGEN
015 D010612 DENMARK
015 E040612 X
015 A000613 MERITA NORDBANKEN GROUP
015 B000613 S
015 C010613 HELSINKI
015 D010613 FINLAND
015 E040613 X
015 A000614 BANQUE PARIBAS
015 B000614 S
015 C010614 PARIS
015 D010614 FRANCE
015 E040614 X
015 A000615 DRESDNER BANK
015 B000615 S
015 C010615 FRANKFURT
015 D010615 GERMANY
015 D020615 60301
015 E040615 X
015 A000616 SCMB (MERCHANT BANK OF GHANA LTD)
PAGE 59
015 B000616 S
015 C010616 ACCRA
015 D010616 GHANA
015 E040616 X
015 A000617 NATIONAL BANK OF GREECE
015 B000617 S
015 C010617 ATHENS
015 D010617 GREECE
015 D020617 102 32
015 E040617 X
015 A000618 HONGKONG AND SHANGHAI BANKING CORP.
015 B000618 S
015 C010618 HONG KONG
015 D010618 HONG KONG
015 E040618 X
015 A000619 HONGKONG AND SHANGHAI BANKING CORP.
015 B000619 S
015 C010619 JAKARTA
015 D010619 INDONESIA
015 D020619 12920
015 E040619 X
015 A000620 ALLIED IRISH BANKS PLC
015 B000620 S
015 C010620 DUBLIN
015 D010620 IRELAND
015 D020620 1
015 E040620 X
015 A000621 BANCA COMMERCIALE ITALIANA
015 B000621 S
015 C010621 MILAN
015 D010621 ITALY
015 D020621 20121
015 E040621 X
015 A000622 SOCIETE GENERALE
015 B000622 S
015 C010622 ABIDJAN
015 D010622 IVORY COAST
015 E040622 X
015 A000623 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000623 S
015 C010623 TOKYO
015 D010623 JAPAN
015 D020623 103-0021
015 E040623 X
015 A000624 THE BRITISH BANK OF THE MIDDLE EAST
015 B000624 S
015 C010624 AMMAN
015 D010624 JORDAN
015 E040624 X
015 A000625 SCMB (STANBIC BANK KENYA LTD)
015 B000625 S
PAGE 60
015 C010625 NAIROBI
015 D010625 KENYA
015 E040625 X
015 A000626 HONGKONG AND SHANGHAI BANKING CORP
015 B000626 S
015 C010626 PORT LOUIS
015 D010626 MAURITIUS
015 E040626 X
015 A000627 BANQUE ET CAISSE D' EPARGNE DE L'ETAT
015 B000627 S
015 C010627 LUXEMBOURG
015 D010627 LUXEMBOURG
015 D020627 L-2954
015 E040627 X
015 A000628 HONGKONG BANK MALAYSIA BERHAD
015 B000628 S
015 C010628 KUALA LUMPUR
015 D010628 MALAYSIA
015 D020628 50100
015 E040628 X
015 A000629 BANCO NACIONAL DE MEXICO
015 B000629 S
015 C010629 MEXICO D.F.
015 D010629 MEXICO
015 D020629 01210
015 E040629 X
015 A000630 BANQUE COMMERCIALE DU MAROC
015 B000630 S
015 C010630 CASABLANCA
015 D010630 MOROCCO
015 D020630 20000
015 E040630 X
015 A000631 SCMB (STANBIC BANK NAMIBIA LTD)
015 B000631 S
015 C010631 WINDHOEK
015 D010631 NAMIBIA
015 E040631 X
015 A000632 MEES PIERSON
015 B000632 S
015 C010632 AMSTERDAM
015 D010632 NETHERLANDS
015 D020632 1012 KK
015 E040632 X
015 A000633 ANZ BANKING GROUP LIMITED
015 B000633 S
015 C010633 WELLINGTON
015 D010633 NEW ZEALAND
015 E040633 X
015 A000634 DEN NORSKE BANK
015 B000634 S
015 C010634 OSLO
PAGE 61
015 D010634 NORWAY
015 E040634 X
015 A000635 THE BRITISH BANK OF THE MIDDLE EAST
015 B000635 S
015 C010635 RUWI
015 D010635 OMAN
015 D020635 112
015 E040635 X
015 A000636 STANDARD CHARTERED BANK
015 B000636 S
015 C010636 KARACHI
015 D010636 PAKISTAN
015 D020636 74000
015 E040636 X
015 A000637 CITIBANK NA
015 B000637 S
015 C010637 LIMA
015 D010637 PERU
015 D020637 27
015 E040637 X
015 A000638 HONGKONG AND SHANGHAI BANKING CORP
015 B000638 S
015 C010638 MANILA
015 D010638 PHILIPPINES
015 E040638 X
015 A000639 BANCO COMERCIAL PORTUGUES
015 B000639 S
015 C010639 LISBON
015 D010639 PORTUGAL
015 E040639 X
015 A000640 UNITED OVERSEAS BANK
015 B000640 S
015 C010640 SINGAPORE
015 D010640 SINGAPORE
015 D020640 048624
015 E040640 X
015 A000641 STANDARD BANK OF SOUTH AFRICA
015 B000641 S
015 C010641 JOHANNESBURG
015 D010641 SOUTH AFRICA
015 D020641 2001
015 E040641 X
015 A000642 STANDARD CHARTERED BANK
015 B000642 S
015 C010642 SEOUL
015 D010642 SOUTH KOREA
015 E040642 X
015 A000643 CREDIT SUISSE FIRST BOSTON AO (MOSCOW)
015 B000643 S
015 C010643 MOSCOW
015 D010643 RUSSIA
PAGE 62
015 E040643 X
015 A000644 SCMB (STANBIC BANK SWAZILAND LTD)
015 B000644 S
015 C010644 M'BABANE
015 D010644 SWAZILAND
015 E040644 X
015 A000645 SKANDINAVISKA ENSKILDA BANKEN
015 B000645 S
015 C010645 STOCKHOLM
015 D010645 SWEDEN
015 D020645 10640
015 E040645 X
015 A000646 UBS AG
015 B000646 S
015 C010646 ZURICH
015 D010646 SWITZERLAND
015 D020646 8052
015 E040646 X
015 A000647 STANDARD CHARTERED BANK
015 B000647 S
015 C010647 BANGKOK
015 D010647 THAILAND
015 D020647 10500
015 E040647 X
015 A000648 OTTOMAN BANK
015 B000648 S
015 C010648 ISTANBUL
015 D010648 TURKEY
015 D020648 80670
015 E040648 X
015 A000649 THE BANK OF NEW YORK
015 B000649 S
015 C010649 LONDON
015 D010649 UNITED KINGDOM
015 D020649 EC4M 6XH
015 E040649 X
015 A000650 THE BANK OF BOSTON N.A.
015 B000650 S
015 C010650 MONTEVIDEO
015 D010650 URUGUAY
015 E040650 X
015 A000651 SCMB (STANBIC BANK ZAMBIA LTD)
015 B000651 S
015 C010651 LUSAKA
015 D010651 ZAMBIA
015 E040651 X
015 A000652 SCMB (STANBIC BANK ZIMBABWE LTD)
015 B000652 S
015 C010652 HARARE
015 D010652 ZIMBABWE
015 E040652 X
PAGE 63
015 A000653 FIRST CHICAGO CLEARING CENTRE
015 B000653 S
015 C010653 LONDON
015 D010653 UNITED KINGDOM
015 D020653 EC3A 1AA
015 E040653 X
015 A000654 CEDEL BANK
015 B000654 S
015 C010654 LUXEMBOURG
015 D010654 LUXEMBOURG
015 E040654 X
015 A000655 EUROCLEAR OPERATION CENTRE
015 B000655 S
015 C010655 BRUSSELS
015 D010655 BELGIUM
015 E040655 X
015 A000656 CITIBANK BUDAPEST RT
015 B000656 S
015 C010656 BUDAPEST
015 D010656 HUNGARY
015 D020656 H-1052
015 E040656 X
015 A000657 BANCO BILBAO VIZCAYA
015 B000657 S
015 C010657 MADRID
015 D010657 SPAIN
015 E040657 X
015 A000658 BANK LEUMI LE-ISRAEL B.M.
015 B000658 S
015 C010658 TEL AVIV
015 D010658 ISRAEL
015 E040658 X
024 000600 N
025 A000601 DELETE
025 D000601 0
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 6782
028 A020600 0
028 A030600 0
028 A040600 32501
028 B010600 4057
028 B020600 0
028 B030600 0
028 B040600 35737
028 C010600 6632
PAGE 64
028 C020600 0
028 C030600 0
028 C040600 33334
028 D010600 4402
028 D020600 0
028 D030600 0
028 D040600 28852
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028 E020600 0
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028 F020600 1183
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028 F040600 8813
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028 G020600 1183
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028 G040600 155032
028 H000600 7064
029 000600 Y
030 A000600 198
030 B000600 5.75
030 C000600 0.00
031 A000600 29
031 B000600 0
032 000600 169
033 000600 0
034 000600 Y
035 000600 171
036 A000600 Y
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 0
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 100
043 000600 794
044 000600 728
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.800
PAGE 65
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 1000
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
071 A000600 127456
071 B000600 225536
071 C000600 335799
071 D000600 38
072 A000600 6
072 B000600 1063
072 C000600 2926
072 D000600 0
072 E000600 0
PAGE 66
072 F000600 1451
072 G000600 140
072 H000600 0
072 I000600 421
072 J000600 6
072 K000600 29
072 L000600 64
072 M000600 7
072 N000600 0
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072 R000600 13
072 S000600 0
072 T000600 794
072 U000600 0
072 V000600 0
072 W000600 6
072 X000600 2931
072 Y000600 350
072 Z000600 1408
072AA000600 27004
072BB000600 17404
072CC010600 28392
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072DD010600 482
072DD020600 784
072EE000600 0
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074 A000600 5497
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074 C000600 31492
074 D000600 4808
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074 F000600 309667
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074 M000600 6929
074 N000600 365938
074 O000600 5709
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074 R020600 7003
PAGE 67
074 R030600 0
074 R040600 2466
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074 T000600 350267
074 U010600 6998
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SIGNATURE /s/JAMES R. BAIO
James R. Baio
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL SHARES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 101
<NAME> MUTUAL SHARES FUND - CLASS A
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<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL SHARES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 102
<NAME> MUTUAL SHARES FUND - CLASS B
<S> <C>
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<FN>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL SHARES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 103
<NAME> MUTUAL SHARES FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 6569011270
<INVESTMENTS-AT-VALUE> 8398482451
<RECEIVABLES> 118646376
<ASSETS-OTHER> 234735446
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8751864273
<PAYABLE-FOR-SECURITIES> 88086605
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22215569
<TOTAL-LIABILITIES> 110302174
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5893331971
<SHARES-COMMON-STOCK> 45381751
<SHARES-COMMON-PRIOR> 51209632
<ACCUMULATED-NII-CURRENT> 56519920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 803718996
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1887991212
<NET-ASSETS> 8641562099
<DIVIDEND-INCOME> 60438222
<INTEREST-INCOME> 46729068
<OTHER-INCOME> 0
<EXPENSES-NET> (38543326)
<NET-INVESTMENT-INCOME> 68623964
<REALIZED-GAINS-CURRENT> 808129538
<APPREC-INCREASE-CURRENT> 420491461
<NET-CHANGE-FROM-OPS> 1297244963
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (123195)
<DISTRIBUTIONS-OF-GAINS> (16203501)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3835669
<NUMBER-OF-SHARES-REDEEMED> (10364039)
<SHARES-REINVESTED> 700489
<NET-CHANGE-IN-ASSETS> (141041468)
<ACCUMULATED-NII-PRIOR> 5008347
<ACCUMULATED-GAINS-PRIOR> 133700373
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (25125683)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (40299815)
<AVERAGE-NET-ASSETS> 970816432
<PER-SHARE-NAV-BEGIN> 19.41
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 3.07
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.20
<EXPENSE-RATIO> 1.73<F1>
<FN>
<F1> EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.78%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL SHARES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 104
<NAME> MUTUAL SHARES FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 6569011270
<INVESTMENTS-AT-VALUE> 8398482451
<RECEIVABLES> 118646376
<ASSETS-OTHER> 234735446
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8751864273
<PAYABLE-FOR-SECURITIES> 88086605
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22215569
<TOTAL-LIABILITIES> 110302174
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5893331971
<SHARES-COMMON-STOCK> 272422977
<SHARES-COMMON-PRIOR> 321254341
<ACCUMULATED-NII-CURRENT> 56519920
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 803718996
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1887991212
<NET-ASSETS> 8641562099
<DIVIDEND-INCOME> 60438222
<INTEREST-INCOME> 46729068
<OTHER-INCOME> 0
<EXPENSES-NET> (38543326)
<NET-INVESTMENT-INCOME> 68623964
<REALIZED-GAINS-CURRENT> 808129538
<APPREC-INCREASE-CURRENT> 420491461
<NET-CHANGE-FROM-OPS> 1297244963
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14574021)
<DISTRIBUTIONS-OF-GAINS> (97539004)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6108780
<NUMBER-OF-SHARES-REDEEMED> (59420039)
<SHARES-REINVESTED> 4479895
<NET-CHANGE-IN-ASSETS> (141041468)
<ACCUMULATED-NII-PRIOR> 5008347
<ACCUMULATED-GAINS-PRIOR> 133700373
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (25125683)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (40299815)
<AVERAGE-NET-ASSETS> 5998784600
<PER-SHARE-NAV-BEGIN> 19.55
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 3.09
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> (0.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.42
<EXPENSE-RATIO> 0.75<F1>
<FN>
<F1> EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 0.79%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the Mutual
Qualified Fund June 30, 1999 Semi-Annual report and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 201
<NAME> MUTUAL QUALIFIED FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3385274172
<INVESTMENTS-AT-VALUE> 4252098726
<RECEIVABLES> 60124765
<ASSETS-OTHER> 141279068
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4453502559
<PAYABLE-FOR-SECURITIES> 35166768
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 46743604
<TOTAL-LIABILITIES> 81910372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3038764083
<SHARES-COMMON-STOCK> 29402826
<SHARES-COMMON-PRIOR> 34721323
<ACCUMULATED-NII-CURRENT> 14638450
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327093566
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 991096088
<NET-ASSETS> 4371592187
<DIVIDEND-INCOME> 31250746
<INTEREST-INCOME> 19322125
<OTHER-INCOME> 0
<EXPENSES-NET> (19260121)
<NET-INVESTMENT-INCOME> 31312750
<REALIZED-GAINS-CURRENT> 325737641
<APPREC-INCREASE-CURRENT> 300951180
<NET-CHANGE-FROM-OPS> 658001571
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1006039)
<DISTRIBUTIONS-OF-GAINS> (15020659)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4332970
<NUMBER-OF-SHARES-REDEEMED> (10471276)
<SHARES-REINVESTED> 819809
<NET-CHANGE-IN-ASSETS> (463678786)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 121302119
<OVERDISTRIB-NII-PRIOR> (6722046)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13093257)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (20236829)
<AVERAGE-NET-ASSETS> 534317900
<PER-SHARE-NAV-BEGIN> 16.42
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 2.60
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.52)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.58
<EXPENSE-RATIO> 1.10<F1>
<FN>
<F1> Expense ratio excluding waiver and payment by
affiliate is 1.14 and is annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the Mutual
Qualified Fund June 30, 1999 Semi-Annual report and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 202
<NAME> MUTUAL QUALIFIED FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3385274172
<INVESTMENTS-AT-VALUE> 4252098726
<RECEIVABLES> 60124765
<ASSETS-OTHER> 141279068
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4453502559
<PAYABLE-FOR-SECURITIES> 35166768
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 46743604
<TOTAL-LIABILITIES> 81910372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3038764083
<SHARES-COMMON-STOCK> 111383
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 14638450
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327093566
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 991096088
<NET-ASSETS> 4371592187
<DIVIDEND-INCOME> 31250746
<INTEREST-INCOME> 19322125
<OTHER-INCOME> 0
<EXPENSES-NET> (19260121)
<NET-INVESTMENT-INCOME> 31312750
<REALIZED-GAINS-CURRENT> 325737641
<APPREC-INCREASE-CURRENT> 300951180
<NET-CHANGE-FROM-OPS> 658001571
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4067)
<DISTRIBUTIONS-OF-GAINS> (51239)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 110898
<NUMBER-OF-SHARES-REDEEMED> (2409)
<SHARES-REINVESTED> 2894
<NET-CHANGE-IN-ASSETS> (463678786)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 121302119
<OVERDISTRIB-NII-PRIOR> (6722046)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13093257)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (20236829)
<AVERAGE-NET-ASSETS> 820274
<PER-SHARE-NAV-BEGIN> 16.42
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 2.59
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> (0.52)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.51
<EXPENSE-RATIO> 1.78<F1>
<FN>
<F1> Expense ratio excluding waiver and payments by
affiliate is 1.83 and is Annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the Mutual
Qualified Fund June 30, 1999 Semi-Annual report and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 203
<NAME> MUTUAL QUALIFIED FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3385274172
<INVESTMENTS-AT-VALUE> 4252098726
<RECEIVABLES> 60124765
<ASSETS-OTHER> 141279068
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4453502559
<PAYABLE-FOR-SECURITIES> 35166768
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 46743604
<TOTAL-LIABILITIES> 81910372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3038764083
<SHARES-COMMON-STOCK> 16745539
<SHARES-COMMON-PRIOR> 19725821
<ACCUMULATED-NII-CURRENT> 14638450
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327093566
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 991096088
<NET-ASSETS> 4371592187
<DIVIDEND-INCOME> 31250746
<INTEREST-INCOME> 19322125
<OTHER-INCOME> 0
<EXPENSES-NET> (19260121)
<NET-INVESTMENT-INCOME> 31312750
<REALIZED-GAINS-CURRENT> 325737641
<APPREC-INCREASE-CURRENT> 300951180
<NET-CHANGE-FROM-OPS> 658001571
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (60663)
<DISTRIBUTIONS-OF-GAINS> (8503435)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1075433
<NUMBER-OF-SHARES-REDEEMED> (4485070)
<SHARES-REINVESTED> 429355
<NET-CHANGE-IN-ASSETS> (463678786)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 121302119
<OVERDISTRIB-NII-PRIOR> (6722046)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13093257)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (20236829)
<AVERAGE-NET-ASSETS> 304998166
<PER-SHARE-NAV-BEGIN> 16.35
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 2.59
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.52)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.47
<EXPENSE-RATIO> 1.76<F1>
<FN>
<F1> Expense ratio excluding waiver and payments by affiliate is 1.81
and is Annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the Mutual
Qualified Fund June 30, 1999 Semi-Annual report and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 204
<NAME> MUTUAL QUALIFIED FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3385274172
<INVESTMENTS-AT-VALUE> 4252098726
<RECEIVABLES> 60124765
<ASSETS-OTHER> 141279068
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4453502559
<PAYABLE-FOR-SECURITIES> 35166768
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 46743604
<TOTAL-LIABILITIES> 81910372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3038764083
<SHARES-COMMON-STOCK> 188514045
<SHARES-COMMON-PRIOR> 239532404
<ACCUMULATED-NII-CURRENT> 14638450
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327093566
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 991096088
<NET-ASSETS> 4371592187
<DIVIDEND-INCOME> 31250746
<INTEREST-INCOME> 19322125
<OTHER-INCOME> 0
<EXPENSES-NET> (19260121)
<NET-INVESTMENT-INCOME> 31312750
<REALIZED-GAINS-CURRENT> 325737641
<APPREC-INCREASE-CURRENT> 300951180
<NET-CHANGE-FROM-OPS> 658001571
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8881485)
<DISTRIBUTIONS-OF-GAINS> (96370861)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8808669
<NUMBER-OF-SHARES-REDEEMED> (65316124)
<SHARES-REINVESTED> 5489096
<NET-CHANGE-IN-ASSETS> (463678786)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 121302119
<OVERDISTRIB-NII-PRIOR> (6722046)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13093257)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (20236829)
<AVERAGE-NET-ASSETS> 3558129250
<PER-SHARE-NAV-BEGIN> 16.46
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 2.62
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> (0.52)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.64
<EXPENSE-RATIO> 0.78<F1>
<FN>
<F1> Expense ratio excluding waiver and payment by
affiliate is 0.82 and is annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 301
<NAME> MUTUAL BEACON FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3851367637
<INVESTMENTS-AT-VALUE> 4819328165
<RECEIVABLES> 77174282
<ASSETS-OTHER> 181866605
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5078369052
<PAYABLE-FOR-SECURITIES> 69444180
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21597554
<TOTAL-LIABILITIES> 91041734
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3463572725
<SHARES-COMMON-STOCK> 64062559
<SHARES-COMMON-PRIOR> 72362807
<ACCUMULATED-NII-CURRENT> 3613403
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 502904734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1017236456
<NET-ASSETS> 4987327318
<DIVIDEND-INCOME> 44376339
<INTEREST-INCOME> 21244681
<OTHER-INCOME> 0
<EXPENSES-NET> (23091424)
<NET-INVESTMENT-INCOME> 42529596
<REALIZED-GAINS-CURRENT> 496337059
<APPREC-INCREASE-CURRENT> 261666709
<NET-CHANGE-FROM-OPS> 800533364
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1965565)
<DISTRIBUTIONS-OF-GAINS> (16900902)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10385154
<NUMBER-OF-SHARES-REDEEMED> (19883966)
<SHARES-REINVESTED> 1198564
<NET-CHANGE-IN-ASSETS> (491037803)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 93627496
<OVERDISTRIB-NII-PRIOR> (26929334)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (14845475)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (24183316)
<AVERAGE-NET-ASSETS> 928023134
<PER-SHARE-NAV-BEGIN> 13.09
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 2.19
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.27)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.09
<EXPENSE-RATIO> 1.11<F1>
<FN>
<F1>THE EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.16%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 302
<NAME> MUTUAL BEACON FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3851367637
<INVESTMENTS-AT-VALUE> 4819328165
<RECEIVABLES> 77174282
<ASSETS-OTHER> 181866605
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5078369052
<PAYABLE-FOR-SECURITIES> 69444180
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21597554
<TOTAL-LIABILITIES> 91041734
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3463572725
<SHARES-COMMON-STOCK> 282793
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3613403
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 502904734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1017236456
<NET-ASSETS> 4987327318
<DIVIDEND-INCOME> 44376339
<INTEREST-INCOME> 21244681
<OTHER-INCOME> 0
<EXPENSES-NET> (23091424)
<NET-INVESTMENT-INCOME> 42529596
<REALIZED-GAINS-CURRENT> 496337059
<APPREC-INCREASE-CURRENT> 261666709
<NET-CHANGE-FROM-OPS> 800533364
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8756)
<DISTRIBUTIONS-OF-GAINS> (63647)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 284566
<NUMBER-OF-SHARES-REDEEMED> (6250)
<SHARES-REINVESTED> 4477
<NET-CHANGE-IN-ASSETS> (491037803)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 93627496
<OVERDISTRIB-NII-PRIOR> (26929334)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (14845475)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (24183316)
<AVERAGE-NET-ASSETS> 1480466
<PER-SHARE-NAV-BEGIN> 13.09
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> 2.13
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> (0.27)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.00
<EXPENSE-RATIO> 1.78<F1>
<FN>
<F1>THE EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.83%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 303
<NAME> MUTUAL BEACON FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3851367637
<INVESTMENTS-AT-VALUE> 4819328165
<RECEIVABLES> 77174282
<ASSETS-OTHER> 181866605
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5078369052
<PAYABLE-FOR-SECURITIES> 69444180
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21597554
<TOTAL-LIABILITIES> 91041734
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3463572725
<SHARES-COMMON-STOCK> 33203050
<SHARES-COMMON-PRIOR> 38365916
<ACCUMULATED-NII-CURRENT> 3613403
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 502904734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1017236456
<NET-ASSETS> 4987327318
<DIVIDEND-INCOME> 44376339
<INTEREST-INCOME> 21244681
<OTHER-INCOME> 0
<EXPENSES-NET> (23091424)
<NET-INVESTMENT-INCOME> 42529596
<REALIZED-GAINS-CURRENT> 496337059
<APPREC-INCREASE-CURRENT> 261666709
<NET-CHANGE-FROM-OPS> 800533364
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (248115)
<DISTRIBUTIONS-OF-GAINS> (8733108)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2753712
<NUMBER-OF-SHARES-REDEEMED> (8473615)
<SHARES-REINVESTED> 557037
<NET-CHANGE-IN-ASSETS> (491037803)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 93627496
<OVERDISTRIB-NII-PRIOR> (26929334)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (14845475)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (24183316)
<AVERAGE-NET-ASSETS> 481820304
<PER-SHARE-NAV-BEGIN> 13.04
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 2.19
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.27)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.01
<EXPENSE-RATIO> 1.76<F1>
<FN>
<F1>THE EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.81%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 304
<NAME> MUTUAL BEACON FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 3851367637
<INVESTMENTS-AT-VALUE> 4819328165
<RECEIVABLES> 77174282
<ASSETS-OTHER> 181866605
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5078369052
<PAYABLE-FOR-SECURITIES> 69444180
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21597554
<TOTAL-LIABILITIES> 91041734
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3463572725
<SHARES-COMMON-STOCK> 232319716
<SHARES-COMMON-PRIOR> 307102017
<ACCUMULATED-NII-CURRENT> 3613403
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 502904734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1017236456
<NET-ASSETS> 4987327318
<DIVIDEND-INCOME> 44376339
<INTEREST-INCOME> 21244681
<OTHER-INCOME> 0
<EXPENSES-NET> (23091424)
<NET-INVESTMENT-INCOME> 42529596
<REALIZED-GAINS-CURRENT> 496337059
<APPREC-INCREASE-CURRENT> 261666709
<NET-CHANGE-FROM-OPS> 800533364
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9764423)
<DISTRIBUTIONS-OF-GAINS> (61362164)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8562196
<NUMBER-OF-SHARES-REDEEMED> (87796963)
<SHARES-REINVESTED> 4452466
<NET-CHANGE-IN-ASSETS> (491037803)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 93627496
<OVERDISTRIB-NII-PRIOR> (26929334)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (14845475)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (24183316)
<AVERAGE-NET-ASSETS> 3575818660
<PER-SHARE-NAV-BEGIN> 13.12
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 2.20
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> (0.27)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.14
<EXPENSE-RATIO> 0.77<F1>
<FN>
<F1>THE EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 0.82%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
DISCOVERY FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 401
<NAME> MUTUAL DISCOVERY FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 2676531415
<INVESTMENTS-AT-VALUE> 3145209441
<RECEIVABLES> 82229399
<ASSETS-OTHER> 176736762
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3404175602
<PAYABLE-FOR-SECURITIES> 26844318
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16596611
<TOTAL-LIABILITIES> 43440929
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2732106977
<SHARES-COMMON-STOCK> 42427936
<SHARES-COMMON-PRIOR> 50016964
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (24817246)
<ACCUMULATED-NET-GAINS> 115242455
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538202487
<NET-ASSETS> 3360734673
<DIVIDEND-INCOME> 39294307
<INTEREST-INCOME> 12700016
<OTHER-INCOME> 0
<EXPENSES-NET> (21531952)
<NET-INVESTMENT-INCOME> 30462371
<REALIZED-GAINS-CURRENT> 110087191
<APPREC-INCREASE-CURRENT> 326956227
<NET-CHANGE-FROM-OPS> 467505789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2327993)
<DISTRIBUTIONS-OF-GAINS> (10965654)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20397860
<NUMBER-OF-SHARES-REDEEMED> (28621624)
<SHARES-REINVESTED> 634736
<NET-CHANGE-IN-ASSETS> (577018099)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 49435922
<OVERDISTRIB-NII-PRIOR> (45045911)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13567495)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (22362971)
<AVERAGE-NET-ASSETS> 804057249
<PER-SHARE-NAV-BEGIN> 17.19
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 2.42
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> (0.26)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.45
<EXPENSE-RATIO> 1.38<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.43% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
DISCOVERY FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 402
<NAME> MUTUAL DISCOVERY FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 2676531415
<INVESTMENTS-AT-VALUE> 3145209441
<RECEIVABLES> 82229399
<ASSETS-OTHER> 176736762
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3404175602
<PAYABLE-FOR-SECURITIES> 26844318
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16596611
<TOTAL-LIABILITIES> 43440929
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2732106977
<SHARES-COMMON-STOCK> 203596
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (24817246)
<ACCUMULATED-NET-GAINS> 115242455
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538202487
<NET-ASSETS> 3360734673
<DIVIDEND-INCOME> 39294307
<INTEREST-INCOME> 12700016
<OTHER-INCOME> 0
<EXPENSES-NET> (21531952)
<NET-INVESTMENT-INCOME> 30462371
<REALIZED-GAINS-CURRENT> 110087191
<APPREC-INCREASE-CURRENT> 326956227
<NET-CHANGE-FROM-OPS> 467505789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11243)
<DISTRIBUTIONS-OF-GAINS> (47719)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 206362
<NUMBER-OF-SHARES-REDEEMED> (5644)
<SHARES-REINVESTED> 2878
<NET-CHANGE-IN-ASSETS> (577018099)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 49435922
<OVERDISTRIB-NII-PRIOR> (45045911)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13567495)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (22362971)
<AVERAGE-NET-ASSETS> 1781221
<PER-SHARE-NAV-BEGIN> 17.19
<PER-SHARE-NII> 0.15
<PER-SHARE-GAIN-APPREC> 2.36
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> (0.26)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.38
<EXPENSE-RATIO> 2.04<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 2.09% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
DISCOVERY FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 403
<NAME> MUTUAL DISCOVERY FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 2676531415
<INVESTMENTS-AT-VALUE> 3145209441
<RECEIVABLES> 82229399
<ASSETS-OTHER> 176736762
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3404175602
<PAYABLE-FOR-SECURITIES> 26844318
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16596611
<TOTAL-LIABILITIES> 43440929
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2732106977
<SHARES-COMMON-STOCK> 27641646
<SHARES-COMMON-PRIOR> 32864405
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (24817246)
<ACCUMULATED-NET-GAINS> 115242455
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538202487
<NET-ASSETS> 3360734673
<DIVIDEND-INCOME> 39294307
<INTEREST-INCOME> 12700016
<OTHER-INCOME> 0
<EXPENSES-NET> (21531952)
<NET-INVESTMENT-INCOME> 30462371
<REALIZED-GAINS-CURRENT> 110087191
<APPREC-INCREASE-CURRENT> 326956227
<NET-CHANGE-FROM-OPS> 467505789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (674301)
<DISTRIBUTIONS-OF-GAINS> (7083584)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2058593
<NUMBER-OF-SHARES-REDEEMED> (7652626)
<SHARES-REINVESTED> 371274
<NET-CHANGE-IN-ASSETS> (577018099)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 49435922
<OVERDISTRIB-NII-PRIOR> (45045911)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13567495)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (22362971)
<AVERAGE-NET-ASSETS> 529925593
<PER-SHARE-NAV-BEGIN> 17.15
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 2.42
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.26)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.38
<EXPENSE-RATIO> 2.02<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 2.07% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
DISCOVERY FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 404
<NAME> MUTUAL DISCOVERY FUND - ADVISOR CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 2676531415
<INVESTMENTS-AT-VALUE> 3145209441
<RECEIVABLES> 82229399
<ASSETS-OTHER> 176736762
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3404175602
<PAYABLE-FOR-SECURITIES> 26844318
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16596611
<TOTAL-LIABILITIES> 43440929
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2732106977
<SHARES-COMMON-STOCK> 102037203
<SHARES-COMMON-PRIOR> 145619362
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (24817246)
<ACCUMULATED-NET-GAINS> 115242455
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 538202487
<NET-ASSETS> 3360734673
<DIVIDEND-INCOME> 39294307
<INTEREST-INCOME> 12700016
<OTHER-INCOME> 0
<EXPENSES-NET> (21531952)
<NET-INVESTMENT-INCOME> 30462371
<REALIZED-GAINS-CURRENT> 110087191
<APPREC-INCREASE-CURRENT> 326956227
<NET-CHANGE-FROM-OPS> 467505789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7220169)
<DISTRIBUTIONS-OF-GAINS> (26183701)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5580567
<NUMBER-OF-SHARES-REDEEMED> (50798678)
<SHARES-REINVESTED> 1635952
<NET-CHANGE-IN-ASSETS> (577018099)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 49435922
<OVERDISTRIB-NII-PRIOR> (45045911)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (13567495)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (22362971)
<AVERAGE-NET-ASSETS> 2080680194
<PER-SHARE-NAV-BEGIN> 17.27
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 2.44
<PER-SHARE-DIVIDEND> (0.07)
<PER-SHARE-DISTRIBUTIONS> (0.26)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.56
<EXPENSE-RATIO> 1.04<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.08% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund June 30, 1999 Semi-Annual Report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 501
<NAME> MUTUAL EUROPEAN FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 568462447
<INVESTMENTS-AT-VALUE> 635241447
<RECEIVABLES> 54694599
<ASSETS-OTHER> 32637763
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 722573809
<PAYABLE-FOR-SECURITIES> 7440654
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10578701
<TOTAL-LIABILITIES> 18019355
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 575404976
<SHARES-COMMON-STOCK> 10791339
<SHARES-COMMON-PRIOR> 13668766
<ACCUMULATED-NII-CURRENT> 80639
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38376877
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90691962
<NET-ASSETS> 704554454
<DIVIDEND-INCOME> 13222903
<INTEREST-INCOME> 1740483
<OTHER-INCOME> 0
<EXPENSES-NET> (4284210)
<NET-INVESTMENT-INCOME> 10679176
<REALIZED-GAINS-CURRENT> 33798205
<APPREC-INCREASE-CURRENT> 43747300
<NET-CHANGE-FROM-OPS> 88224681
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1706165)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18607779
<NUMBER-OF-SHARES-REDEEMED> (21591350)
<SHARES-REINVESTED> 106144
<NET-CHANGE-IN-ASSETS> (46359773)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4578672
<OVERDISTRIB-NII-PRIOR> (2431378)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (2722091)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4378247)
<AVERAGE-NET-ASSETS> 152389077
<PER-SHARE-NAV-BEGIN> 12.47
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 1.51
<PER-SHARE-DIVIDEND> (0.16)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.01
<EXPENSE-RATIO> 1.40<F1>
<FN>
<F1>Expense ratio excluding waiver and payments by affiliate is 1.43
and is annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund June 30, 1999 Semi-Annual Report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 502
<NAME> MUTUAL EUROPEAN FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 568462447
<INVESTMENTS-AT-VALUE> 635241447
<RECEIVABLES> 54694599
<ASSETS-OTHER> 32637763
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 722573809
<PAYABLE-FOR-SECURITIES> 7440654
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10578701
<TOTAL-LIABILITIES> 18019355
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 575404976
<SHARES-COMMON-STOCK> 26631
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 80639
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38376877
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90691962
<NET-ASSETS> 704554454
<DIVIDEND-INCOME> 13222903
<INTEREST-INCOME> 1740483
<OTHER-INCOME> 0
<EXPENSES-NET> (4284210)
<NET-INVESTMENT-INCOME> 10679176
<REALIZED-GAINS-CURRENT> 33798205
<APPREC-INCREASE-CURRENT> 43747300
<NET-CHANGE-FROM-OPS> 88224681
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4279)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 26469
<NUMBER-OF-SHARES-REDEEMED> (113)
<SHARES-REINVESTED> 275
<NET-CHANGE-IN-ASSETS> (46359773)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4578672
<OVERDISTRIB-NII-PRIOR> (2431378)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (2722091)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4378247)
<AVERAGE-NET-ASSETS> 168126
<PER-SHARE-NAV-BEGIN> 12.47
<PER-SHARE-NII> 0.21
<PER-SHARE-GAIN-APPREC> 1.45
<PER-SHARE-DIVIDEND> (0.16)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.97
<EXPENSE-RATIO> 2.06<F1>
<FN>
<F1>Expense ratio excluding waiver and payments by affiliate is 2.09
and is annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund June 30, 1999 Semi-Annual Report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 503
<NAME> MUTUAL EUROPEAN FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 568462447
<INVESTMENTS-AT-VALUE> 635241447
<RECEIVABLES> 54694599
<ASSETS-OTHER> 32637763
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 722573809
<PAYABLE-FOR-SECURITIES> 7440654
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10578701
<TOTAL-LIABILITIES> 18019355
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 575404976
<SHARES-COMMON-STOCK> 6271884
<SHARES-COMMON-PRIOR> 7753961
<ACCUMULATED-NII-CURRENT> 80639
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38376877
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90691962
<NET-ASSETS> 704554454
<DIVIDEND-INCOME> 13222903
<INTEREST-INCOME> 1740483
<OTHER-INCOME> 0
<EXPENSES-NET> (4284210)
<NET-INVESTMENT-INCOME> 10679176
<REALIZED-GAINS-CURRENT> 33798205
<APPREC-INCREASE-CURRENT> 43747300
<NET-CHANGE-FROM-OPS> 88224681
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (850333)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1702849
<NUMBER-OF-SHARES-REDEEMED> (3241342)
<SHARES-REINVESTED> 56416
<NET-CHANGE-IN-ASSETS> (46359773)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4578672
<OVERDISTRIB-NII-PRIOR> (2431378)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (2722091)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4378247)
<AVERAGE-NET-ASSETS> 88435379
<PER-SHARE-NAV-BEGIN> 12.45
<PER-SHARE-NII> 0.15
<PER-SHARE-GAIN-APPREC> 1.52
<PER-SHARE-DIVIDEND> (0.14)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.98
<EXPENSE-RATIO> 2.04<F1>
<FN>
<F1>Expense ratio excluding waiver and payments by affiliate is 2.07
and is annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund June 30, 1999 Semi-Annual Report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 504
<NAME> MUTUAL EUROPEAN FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 568462447
<INVESTMENTS-AT-VALUE> 635241447
<RECEIVABLES> 54694599
<ASSETS-OTHER> 32637763
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 722573809
<PAYABLE-FOR-SECURITIES> 7440654
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10578701
<TOTAL-LIABILITIES> 18019355
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 575404976
<SHARES-COMMON-STOCK> 32961452
<SHARES-COMMON-PRIOR> 38578050
<ACCUMULATED-NII-CURRENT> 80639
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38376877
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 90691962
<NET-ASSETS> 704554454
<DIVIDEND-INCOME> 13222903
<INTEREST-INCOME> 1740483
<OTHER-INCOME> 0
<EXPENSES-NET> (4284210)
<NET-INVESTMENT-INCOME> 10679176
<REALIZED-GAINS-CURRENT> 33798205
<APPREC-INCREASE-CURRENT> 43747300
<NET-CHANGE-FROM-OPS> 88224681
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5606382)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8525888
<NUMBER-OF-SHARES-REDEEMED> (14424060)
<SHARES-REINVESTED> 281574
<NET-CHANGE-IN-ASSETS> (46359773)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4578672
<OVERDISTRIB-NII-PRIOR> (2431378)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (2722091)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4378247)
<AVERAGE-NET-ASSETS> 444685663
<PER-SHARE-NAV-BEGIN> 12.54
<PER-SHARE-NII> 0.22
<PER-SHARE-GAIN-APPREC> 1.53
<PER-SHARE-DIVIDEND> (0.17)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.12
<EXPENSE-RATIO> 1.06<F1>
<FN>
<F1>Expense ratio excluding waiver and payments by
affiliate is 1.08 and is Annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 601
<NAME> MUTUAL FINANCIAL SERVICES FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 303806806
<INVESTMENTS-AT-VALUE> 338963710
<RECEIVABLES> 7544836
<ASSETS-OTHER> 12425588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 358934134
<PAYABLE-FOR-SECURITIES> 5708531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2958922
<TOTAL-LIABILITIES> 8667453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 307060834
<SHARES-COMMON-STOCK> 9356115
<SHARES-COMMON-PRIOR> 12824019
<ACCUMULATED-NII-CURRENT> 805090
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7821299
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34579458
<NET-ASSETS> 350266681
<DIVIDEND-INCOME> 2925409
<INTEREST-INCOME> 1063394
<OTHER-INCOME> 0
<EXPENSES-NET> (2580564)
<NET-INVESTMENT-INCOME> 1408239
<REALIZED-GAINS-CURRENT> 9600372
<APPREC-INCREASE-CURRENT> 28391500
<NET-CHANGE-FROM-OPS> 39400111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (518193)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 985148
<NUMBER-OF-SHARES-REDEEMED> (4487644)
<SHARES-REINVESTED> 34592
<NET-CHANGE-IN-ASSETS> (85571040)
<ACCUMULATED-NII-PRIOR> 662433
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1779073)
<GROSS-ADVISORY-FEES> (1450522)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2930997)
<AVERAGE-NET-ASSETS> 139551493
<PER-SHARE-NAV-BEGIN> 12.87
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 1.55
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.42
<EXPENSE-RATIO> 1.33<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.52% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 602
<NAME> MUTUAL FINANCIAL SERVICES FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 303806806
<INVESTMENTS-AT-VALUE> 338963710
<RECEIVABLES> 7544836
<ASSETS-OTHER> 12425588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 358934134
<PAYABLE-FOR-SECURITIES> 5708531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2958922
<TOTAL-LIABILITIES> 8667453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 307060834
<SHARES-COMMON-STOCK> 33809
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 805090
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7821299
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34579458
<NET-ASSETS> 350266681
<DIVIDEND-INCOME> 2925409
<INTEREST-INCOME> 1063394
<OTHER-INCOME> 0
<EXPENSES-NET> (2580564)
<NET-INVESTMENT-INCOME> 1408239
<REALIZED-GAINS-CURRENT> 9600372
<APPREC-INCREASE-CURRENT> 28391500
<NET-CHANGE-FROM-OPS> 39400111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1897)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 33873
<NUMBER-OF-SHARES-REDEEMED> (176)
<SHARES-REINVESTED> 112
<NET-CHANGE-IN-ASSETS> (85571040)
<ACCUMULATED-NII-PRIOR> 662433
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1779073)
<GROSS-ADVISORY-FEES> (1450522)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2930997)
<AVERAGE-NET-ASSETS> 212300
<PER-SHARE-NAV-BEGIN> 12.87
<PER-SHARE-NII> 1.56
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.37
<EXPENSE-RATIO> 1.99<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 2.18% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 603
<NAME> MUTUAL FINANCIAL SERVICES FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 303806806
<INVESTMENTS-AT-VALUE> 338963710
<RECEIVABLES> 7544836
<ASSETS-OTHER> 12425588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 358934134
<PAYABLE-FOR-SECURITIES> 5708531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2958922
<TOTAL-LIABILITIES> 8667453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 307060834
<SHARES-COMMON-STOCK> 7931374
<SHARES-COMMON-PRIOR> 9952021
<ACCUMULATED-NII-CURRENT> 805090
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7821299
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34579458
<NET-ASSETS> 350266681
<DIVIDEND-INCOME> 2925409
<INTEREST-INCOME> 1063394
<OTHER-INCOME> 0
<EXPENSES-NET> (2580564)
<NET-INVESTMENT-INCOME> 1408239
<REALIZED-GAINS-CURRENT> 9600372
<APPREC-INCREASE-CURRENT> 28391500
<NET-CHANGE-FROM-OPS> 39400111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (263926)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 480210
<NUMBER-OF-SHARES-REDEEMED> (2518609)
<SHARES-REINVESTED> 17752
<NET-CHANGE-IN-ASSETS> (85571040)
<ACCUMULATED-NII-PRIOR> 662433
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1779073)
<GROSS-ADVISORY-FEES> (1450522)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2930997)
<AVERAGE-NET-ASSETS> 115196609
<PER-SHARE-NAV-BEGIN> 12.83
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 1.55
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.37
<EXPENSE-RATIO> 1.96<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 2.15% AND IS
ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1999 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> FRANKLIN MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 604
<NAME> MUTUAL FINANCIAL SERVICES FUND - ADVISOR CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 303806806
<INVESTMENTS-AT-VALUE> 338963710
<RECEIVABLES> 7544836
<ASSETS-OTHER> 12425588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 358934134
<PAYABLE-FOR-SECURITIES> 5708531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2958922
<TOTAL-LIABILITIES> 8667453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 307060834
<SHARES-COMMON-STOCK> 6997836
<SHARES-COMMON-PRIOR> 11137627
<ACCUMULATED-NII-CURRENT> 805090
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7821299
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34579458
<NET-ASSETS> 350266681
<DIVIDEND-INCOME> 2925409
<INTEREST-INCOME> 1063394
<OTHER-INCOME> 0
<EXPENSES-NET> (2580564)
<NET-INVESTMENT-INCOME> 1408239
<REALIZED-GAINS-CURRENT> 9600372
<APPREC-INCREASE-CURRENT> 28391500
<NET-CHANGE-FROM-OPS> 39400111
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (481566)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 797834
<NUMBER-OF-SHARES-REDEEMED> (4970186)
<SHARES-REINVESTED> 32561
<NET-CHANGE-IN-ASSETS> (85571040)
<ACCUMULATED-NII-PRIOR> 662433
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1779073)
<GROSS-ADVISORY-FEES> (1450522)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2930997)
<AVERAGE-NET-ASSETS> 110675219
<PER-SHARE-NAV-BEGIN> 12.85
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 1.56
<PER-SHARE-DIVIDEND> (0.07)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.42
<EXPENSE-RATIO> 0.98<F1>
<FN>
<F1>THE EXPENSE RATIO, EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.18% AND IS
ANNUALIZED.
</FN>
</TABLE>
