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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
015 B000436 S
015 C010436 HARARE
015 D010436 ZIMBABWE
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<PAGE> PAGE 37
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050 000400 N
051 000400 N
052 000400 N
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055 A000400 N
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056 000400 N
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
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<PAGE> PAGE 38
062 N000400 0.0
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066 C000400 N
066 D000400 N
066 E000400 Y
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
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070 O010400 Y
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070 Q020400 N
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<PAGE> PAGE 39
070 R020400 N
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<PAGE> PAGE 40
074 J000400 0
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008 A000501 FRANKLIN ADVISERS, INC.
008 B000501 A
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015 A000501 BANKBOSTON, N.A.
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015 E040501 X
015 A000502 NATIONAL AUSTRALIA BANK LIMITED
015 B000502 S
015 C010502 MELBOURNE
015 D010502 AUSTRALIA
015 E040502 X
015 A000503 BANK AUSTRIA AG
015 B000503 S
015 C010503 VIENNA
015 D010503 AUSTRIA
015 E040503 X
015 A000504 BANQUE BRUXELLES LAMBERT
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015 C010504 BRUSSELS
015 D010504 BELGIUM
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<PAGE> PAGE 41
015 A000505 BANKBOSTON, N.A.
015 B000505 S
015 C010505 SAO PAULO
015 D010505 BRAZIL
015 E040505 X
015 A000506 ROYAL BANK OF CANADA
015 B000506 S
015 C010506 MONTREAL
015 D010506 CANADA
015 E040506 X
015 A000507 STANDARD CHARTERED BANK
015 B000507 S
015 C010507 SHANGHAI
015 D010507 CHINA
015 E040507 X
015 A000508 STANDARD CHARTERED BANK
015 B000508 S
015 C010508 SHENZHEN
015 D010508 CHINA
015 E040508 X
015 A000509 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B000509 S
015 C010509 PRAHA (PRAGUE)
015 D010509 CZECH REPUBLIC
015 E040509 X
015 A000510 DEN DANSKE BANK
015 B000510 S
015 C010510 COPENHAGEN
015 D010510 DENMARK
015 E040510 X
015 A000511 BANK ONE N.A.
015 B000511 S
015 C010511 LONDON
015 D010511 UNITED KINGDOM
015 E040511 X
015 A000512 CEDEL
015 B000512 S
015 C010512 LUXEMBOURG CITY
015 D010512 EUROMARKET
015 E040512 X
015 A000513 EUROCLEAR
015 B000513 S
015 C010513 BRUSSELS
015 D010513 EUROMARKET
015 E040513 X
015 A000514 MERITA BANK PLC
015 B000514 S
015 C010514 HELSINKI
015 D010514 FINLAND
015 E040514 X
015 A000515 PARIBAS
<PAGE> PAGE 42
015 B000515 S
015 C010515 PARIS
015 D010515 FRANCE
015 E040515 X
015 A000516 DRESDNER BANK AG
015 B000516 S
015 C010516 FRANKFURT/MAIN
015 D010516 GERMANY
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015 B000517 S
015 C010517 ATHENS
015 D010517 GREECE
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015 C010518 HONG KONG
015 D010518 HONG KONG
015 E040518 X
015 A000519 THE HONGKONG AND SHANGHAI BANKING CORPORATION
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015 C010519 MUMBAI
015 D010519 INDIA
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015 A000520 THE HONGKONG AND SHANGHAI BANKING CORPORATION
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015 D010520 INDONESIA
015 E040520 X
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015 C010521 DUBLIN
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015 E040521 X
015 A000522 BANCA COMMERCIALE ITALIANA
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015 A000523 BANK OF TOKYO MITSUBISHI
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015 A000524 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
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015 C010524 LUXEMBOURG CITY
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015 A000525 HSBC BANK MALAYSIA BERHAD
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<PAGE> PAGE 43
015 C010525 KUALA LUMPUR
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015 A000526 BANCO NACIONAL DE MEXICO
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015 A000527 MEESPIERSON
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015 C010527 AMSTERDAM
015 D010527 NETHERLANDS
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015 C010528 WELLINGTON
015 D010528 NEW ZEALAND
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015 C010529 OSLO
015 D010529 NORWAY
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015 C010530 KARACHI
015 D010530 PAKISTAN
015 E040530 X
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<PAGE> PAGE 44
015 D010535 SINGAPORE
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015 D010536 SOUTH AFRICA
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015 C010538 MADRID
015 D010538 SPAIN
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015 D010539 SRI LANKA
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015 D010540 SWEDEN
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015 C010541 ZURICH
015 D010541 SWITZERLAND
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015 A000542 STANDARD CHARTERED BANK
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015 C010542 BANGKOK
015 D010542 THAILAND
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015 A000543 OSMANLI BANKASI A.S.
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015 D010543 TURKEY
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015 A000544 THE BANK OF NEW YORK
015 B000544 S
015 C010544 LONDON
015 D010544 UNITED KINGDOM
015 E040544 X
015 A000545 THE BANK OF NEW YORK
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015 C010545 NEW YORK
015 C020545 NY
<PAGE> PAGE 45
015 C030545 10286
015 E010545 X
015 A000546 STANBIC BANK ZAMBIA LIMITED
015 B000546 S
015 C010546 LUSAKA
015 D010546 ZAMBIA
015 E040546 X
015 A000547 STANBIC BANK ZIMBABWE LIMITED
015 B000547 S
015 C010547 HARARE
015 D010547 ZIMBABWE
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024 000500 N
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<PAGE> PAGE 46
042 E000500 0
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056 000500 N
057 000500 N
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059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 5000
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<PAGE> PAGE 47
062 F000500 0.0
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066 D000500 N
066 E000500 Y
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
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070 L010500 Y
070 L020500 Y
070 M010500 Y
<PAGE> PAGE 48
070 M020500 Y
070 N010500 Y
070 N020500 Y
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 752684
071 B000500 1093589
071 C000500 859873
071 D000500 88
072 A000500 12
072 B000500 1139
072 C000500 19530
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<PAGE> PAGE 49
073 C000500 0.0000
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008 A000601 FRANKLIN ADVISERS, INC.
008 B000601 A
008 C000601 801-26292
008 D010601 SAN MATEO
008 D020601 CA
008 D030601 94404
008 D040601 1585
015 A000601 BANKBOSTON, N.A.
015 B000601 S
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015 D010601 ARGENTINA
015 E040601 X
015 A000602 NATIONAL AUSTRALIA BANK LIMITED
015 B000602 S
015 C010602 MELBOURNE
015 D010602 AUSTRALIA
015 E040602 X
<PAGE> PAGE 50
015 A000603 BANK AUSTRIA AG
015 B000603 S
015 C010603 VIENNA
015 D010603 AUSTRIA
015 E040603 X
015 A000604 ROYAL BANK OF CANADA
015 B000604 S
015 C010604 MONTREAL
015 D010604 CANADA
015 E040604 X
015 A000605 STANDARD CHARTERED BANK
015 B000605 S
015 C010605 SHANGHAI
015 D010605 CHINA
015 E040605 X
015 A000606 STANDARD CHARTERED BANK
015 B000606 S
015 C010606 SHENZHEN
015 D010606 CHINA
015 E040606 X
015 A000607 BANK ONE N.A.
015 B000607 S
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015 D010607 UNITED KINGDOM
015 E040607 X
015 A000608 CEDEL
015 B000608 S
015 C010608 LUXEMBOURG CITY
015 D010608 EUROMARKET
015 E040608 X
015 A000609 EUROCLEAR
015 B000609 S
015 C010609 BRUSSELS
015 D010609 EUROMARKET
015 E040609 X
015 A000610 MERITA BANK PLC
015 B000610 S
015 C010610 HELSINKI
015 D010610 FINLAND
015 E040610 X
015 A000611 PARIBAS
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015 C010611 PARIS
015 D010611 FRANCE
015 E040611 X
015 A000612 DRESDNER BANK AG
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015 C010612 FRANKFURT/MAIN
015 D010612 GERMANY
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015 A000613 THE HONGKONG AND SHANGHAI BANKING CORPORATION
<PAGE> PAGE 51
015 B000613 S
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015 D010613 HONG KONG
015 E040613 X
015 A000614 THE HONGKONG AND SHANGHAI BANKING CORPORATION
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015 C010614 JAKARTA
015 D010614 INDONESIA
015 E040614 X
015 A000615 ALLIED IRISH BANKS PLC
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015 C010615 DUBLIN
015 D010615 IRELAND
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<PAGE> PAGE 52
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015 D010628 SRI LANKA
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<PAGE> PAGE 53
015 D010633 UNITED KINGDOM
015 E040633 X
015 A000634 THE BANK OF NEW YORK
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015 C030634 10286
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015 A000635 STANBIC BANK ZAMBIA LIMITED
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015 C010635 LUSAKA
015 D010635 ZAMBIA
015 E040635 X
015 A000636 STANBIC BANK ZIMBABWE LIMITED
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015 C010636 HARARE
015 D010636 ZIMBABWE
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015 A000637 DEN DANSKE BANK
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015 A000638 BANQUE BRUXELLES LAMBERT
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024 000600 N
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<PAGE> PAGE 54
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<PAGE> PAGE 55
052 000600 N
053 A000600 N
055 A000600 Y
055 B000600 N
056 000600 N
057 000600 N
058 A000600 N
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060 B000600 Y
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064 B000600 N
066 A000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
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070 A020600 Y
070 B010600 Y
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070 C020600 N
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070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
<PAGE> PAGE 56
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 N
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 Y
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070 Q020600 N
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<PAGE> PAGE 57
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008 A000701 FRANKLIN ADVISERS, INC.
008 B000701 A
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008 D010701 SAN MATEO
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<PAGE> PAGE 58
008 D030701 94404
008 D040701 1585
008 A000702 TEMPLETON INVESTMENT COUNSEL, INC.
008 B000702 S
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008 D040702 3091
015 A000701 BANKBOSTON, N.A.
015 B000701 S
015 C010701 BUENOS AIRES
015 D010701 ARGENTINA
015 E040701 X
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015 B000702 S
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015 E040702 X
015 A000703 BANK AUSTRIA AG
015 B000703 S
015 C010703 VIENNA
015 D010703 AUSTRIA
015 E040703 X
015 A000704 STANDARD CHARTERED BANK PLC
015 B000704 S
015 C010704 DHAKA
015 D010704 BANGLADESH
015 E040704 X
015 A000705 BANQUE BRUXELLES LAMBERT
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015 C010705 BRUSSELS
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015 D010706 BRAZIL
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015 A000707 ROYAL BANK OF CANADA
015 B000707 S
015 C010707 MONTREAL
015 D010707 CANADA
015 E040707 X
015 A000708 STANDARD CHARTERED BANK
015 B000708 S
015 C010708 SHANGHAI
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<PAGE> PAGE 59
015 C010709 SHENZHEN
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015 D010710 CZECH REPUBLIC
015 E040710 X
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015 C010711 COPENHAGEN
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015 E040711 X
015 A000712 BANK ONE N.A.
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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<PAGE> PAGE 62
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<PAGE> PAGE 63
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<PAGE> PAGE 64
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<PAGE> PAGE 65
070 F010700 Y
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070 J010700 Y
070 J020700 N
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070 L020700 Y
070 M010700 Y
070 M020700 Y
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070 P020700 N
070 Q010700 N
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070 R010700 N
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<PAGE> PAGE 66
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<PAGE> PAGE 67
008 C000901 801-26292
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<PAGE> PAGE 68
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<PAGE> PAGE 69
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<PAGE> PAGE 70
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<PAGE> PAGE 71
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028 C010900 2365
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028 D010900 4066
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028 D030900 0
028 D040900 28262
028 E010900 1665
028 E020900 0
028 E030900 0
028 E040900 28104
028 F010900 1581
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028 F030900 0
028 F040900 32284
028 G010900 14787
028 G020900 109763
028 G030900 0
028 G040900 178325
028 H000900 0
037 000900 N
038 000900 0
039 000900 N
040 000900 Y
041 000900 Y
042 A000900 0
042 B000900 0
042 C000900 100
042 D000900 0
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 0
043 000900 1
<PAGE> PAGE 72
044 000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.000
048 A010900 100000
048 A020900 0.625
048 B010900 150000
048 B020900 0.500
048 C010900 9750000
048 C020900 0.450
048 D010900 2500000
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048 E010900 2500000
048 E020900 0.420
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048 F020900 0.000
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048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 15000000
048 K020900 0.400
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 N
055 A000900 N
055 B000900 N
056 000900 N
057 000900 N
058 A000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 5000
062 A000900 Y
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
<PAGE> PAGE 73
062 K000900 0.0
062 L000900 0.0
062 M000900 9.7
062 N000900 0.0
062 O000900 0.0
062 P000900 29.2
062 Q000900 15.0
062 R000900 44.7
063 A000900 0
063 B000900 10.2
064 A000900 N
064 B000900 N
066 A000900 N
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 Y
070 K010900 N
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 Y
070 Q020900 N
<PAGE> PAGE 74
070 R010900 Y
070 R020900 N
071 A000900 112781
071 B000900 418601
071 C000900 948898
071 D000900 12
072 A000900 12
072 B000900 52504
072 C000900 24124
072 D000900 0
072 E000900 0
072 F000900 4606
072 G000900 0
072 H000900 0
072 I000900 0
072 J000900 43
072 K000900 74
072 L000900 61
072 M000900 8
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 27
072 S000900 17
072 T000900 1
072 U000900 0
072 V000900 0
072 W000900 23
072 X000900 4860
072 Y000900 0
072 Z000900 71768
072AA000900 56206
072BB000900 31376
072CC010900 0
072CC020900 113079
072DD010900 80764
072DD020900 44
072EE000900 28955
073 A010900 1.4600
073 A020900 1.4600
073 B000900 0.5300
073 C000900 0.0000
074 A000900 0
074 B000900 361
074 C000900 0
074 D000900 417999
074 E000900 84842
074 F000900 262274
074 G000900 0
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<PAGE> PAGE 75
074 I000900 0
074 J000900 2723
074 K000900 0
074 L000900 10202
074 M000900 0
074 N000900 778401
074 O000900 387
074 P000900 325
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 1271
074 S000900 0
074 T000900 776418
074 U010900 52764
074 U020900 89
074 V010900 14.69
074 V020900 14.65
074 W000900 0.0000
074 X000900 2
074 Y000900 11895
075 A000900 0
075 B000900 968017
076 000900 0.00
008 A001001 FRANKLIN ADVISERS, INC.
008 B001001 A
008 C001001 801-26292
008 D011001 SAN MATEO
008 D021001 CA
008 D031001 94404
008 D041001 1585
015 A001001 BANKBOSTON, N.A.
015 B001001 S
015 C011001 BUENOS AIRES
015 D011001 ARGENTINA
015 E041001 X
015 A001002 NATIONAL AUSTRALIA BANK LIMITED
015 B001002 S
015 C011002 MELBOURNE
015 D011002 AUSTRALIA
015 E041002 X
015 A001003 BANK AUSTRIA AG
015 B001003 S
015 C011003 VIENNA
015 D011003 AUSTRIA
015 E041003 X
015 A001004 BANQUE BRUXELLES LAMBERT
015 B001004 S
015 C011004 BRUSSELS
015 D011004 BELGIUM
<PAGE> PAGE 76
015 E041004 X
015 A001005 ROYAL BANK OF CANADA
015 B001005 S
015 C011005 MONTREAL
015 D011005 CANADA
015 E041005 X
015 A001006 DEN DANSKE BANK
015 B001006 S
015 C011006 COPENHAGEN
015 D011006 DENMARK
015 E041006 X
015 A001007 BANK ONE N.A.
015 B001007 S
015 C011007 LONDON
015 D011007 UNITED KINGDOM
015 E041007 X
015 A001008 CEDEL
015 B001008 S
015 C011008 LUXEMBOURG CITY
015 D011008 EUROMARKET
015 E041008 X
015 A001009 EUROCLEAR
015 B001009 S
015 C011009 BRUSSELS
015 D011009 EUROMARKET
015 E041009 X
015 A001010 MERITA BANK PLC
015 B001010 S
015 C011010 HELSINKI
015 D011010 FINLAND
015 E041010 X
015 A001011 PARIBAS
015 B001011 S
015 C011011 PARIS
015 D011011 FRANCE
015 E041011 X
015 A001012 DRESDNER BANK AG
015 B001012 S
015 C011012 FRANKFURT/MAIN
015 D011012 GERMANY
015 E041012 X
015 A001013 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001013 S
015 C011013 HONG KONG
015 D011013 HONG KONG
015 E041013 X
015 A001014 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001014 S
015 C011014 JAKARTA
015 D011014 INDONESIA
015 E041014 X
<PAGE> PAGE 77
015 A001015 ALLIED IRISH BANKS PLC
015 B001015 S
015 C011015 DUBLIN
015 D011015 IRELAND
015 E041015 X
015 A001016 BANK OF TOKYO MITSUBISHI
015 B001016 S
015 C011016 TOKYO
015 D011016 JAPAN
015 E041016 X
015 A001017 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B001017 S
015 C011017 LUXEMBOURG CITY
015 D011017 LUXEMBOURG
015 E041017 X
015 A001018 HSBC BANK MALAYSIA BERHAD
015 B001018 S
015 C011018 KUALA LUMPUR
015 D011018 MALAYSIA
015 E041018 X
015 A001019 BANCO NACIONAL DE MEXICO
015 B001019 S
015 C011019 MEXICO CITY
015 D011019 MEXICO
015 E041019 X
015 A001020 MEESPIERSON
015 B001020 S
015 C011020 AMSTERDAM
015 D011020 NETHERLANDS
015 E041020 X
015 A001021 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B001021 S
015 C011021 WELLINGTON
015 D011021 NEW ZEALAND
015 E041021 X
015 A001022 STANDARD CHARTERED BANK
015 B001022 S
015 C011022 KARACHI
015 D011022 PAKISTAN
015 E041022 X
015 A001023 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001023 S
015 C011023 PASIG CITY MANILA
015 D011023 PHILIPPINES
015 E041023 X
015 A001024 BANCO COMERCIAL PORTUGUES, S.A.
015 B001024 S
015 C011024 LISBON
015 D011024 PORTUGAL
015 E041024 X
015 A001025 UNITED OVERSEAS BANK LIMITED
<PAGE> PAGE 78
015 B001025 S
015 C011025 SINGAPORE
015 D011025 SINGAPORE
015 E041025 X
015 A001026 STANDARD CORPORATE AND MERCHANT BANK
015 B001026 S
015 C011026 JOHANNESBURG
015 D011026 SOUTH AFRICA
015 E041026 X
015 A001027 BANCO BILBAO VIZCAYA
015 B001027 S
015 C011027 MADRID
015 D011027 SPAIN
015 E041027 X
015 A001028 STANDARD CHARTERED BANK
015 B001028 S
015 C011028 COLOMBO
015 D011028 SRI LANKA
015 E041028 X
015 A001029 SKANDINAVISKA ENSKILDA BANKEN
015 B001029 S
015 C011029 STOCKHOLM
015 D011029 SWEDEN
015 E041029 X
015 A001030 UBS AG
015 B001030 S
015 C011030 ZURICH
015 D011030 SWITZERLAND
015 E041030 X
015 A001031 STANDARD CHARTERED BANK
015 B001031 S
015 C011031 BANGKOK
015 D011031 THAILAND
015 E041031 X
015 A001032 OSMANLI BANKASI A.S.
015 B001032 S
015 C011032 ISTANBUL
015 D011032 TURKEY
015 E041032 X
015 A001033 THE BANK OF NEW YORK
015 B001033 S
015 C011033 LONDON
015 D011033 UNITED KINGDOM
015 E041033 X
015 A001034 THE BANK OF NEW YORK
015 B001034 C
015 C011034 NEW YORK
015 C021034 NY
015 C031034 10286
015 E011034 X
015 A001035 STANBIC BANK ZAMBIA LIMITED
<PAGE> PAGE 79
015 B001035 S
015 C011035 LUSAKA
015 D011035 ZAMBIA
015 E041035 X
015 A001036 STANBIC BANK ZIMBABWE LIMITED
015 B001036 S
015 C011036 HARARE
015 D011036 ZIMBABWE
015 E041036 X
024 001000 N
028 A011000 4429
028 A021000 45249
028 A031000 0
028 A041000 22436
028 B011000 5770
028 B021000 0
028 B031000 0
028 B041000 15740
028 C011000 6019
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028 D011000 3326
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028 D041000 16475
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028 G011000 23236
028 G021000 82982
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037 001000 N
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039 001000 N
040 001000 Y
041 001000 Y
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042 B001000 0
042 C001000 100
042 D001000 0
042 E001000 0
042 F001000 0
042 G001000 0
<PAGE> PAGE 80
042 H001000 0
043 001000 3
044 001000 0
045 001000 Y
046 001000 N
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048 001000 0.000
048 A011000 100000
048 A021000 0.625
048 B011000 150000
048 B021000 0.500
048 C011000 9750000
048 C021000 0.450
048 D011000 2500000
048 D021000 0.440
048 E011000 2500000
048 E021000 0.420
048 F011000 0
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048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 15000000
048 K021000 0.400
049 001000 N
050 001000 N
051 001000 N
052 001000 N
053 A001000 N
055 A001000 N
055 B001000 N
056 001000 N
057 001000 N
058 A001000 N
059 001000 Y
060 A001000 Y
060 B001000 Y
061 001000 5000
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 2.1
062 E001000 0.0
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062 G001000 0.0
062 H001000 0.0
<PAGE> PAGE 81
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 97.2
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 22.3
064 A001000 N
064 B001000 N
066 A001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 Y
070 B011000 N
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 N
070 K021000 N
070 L011000 N
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 N
070 O021000 N
070 P011000 Y
070 P021000 N
<PAGE> PAGE 82
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000 47442
071 B001000 208086
071 C001000 600391
071 D001000 8
072 A001000 12
072 B001000 41275
072 C001000 0
072 D001000 0
072 E001000 0
072 F001000 3000
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072 H001000 0
072 I001000 0
072 J001000 6
072 K001000 24
072 L001000 38
072 M001000 5
072 N001000 0
072 O001000 0
072 P001000 0
072 Q001000 0
072 R001000 18
072 S001000 13
072 T001000 3
072 U001000 0
072 V001000 0
072 W001000 5
072 X001000 3112
072 Y001000 0
072 Z001000 38163
072AA001000 4861
072BB001000 2813
072CC011000 0
072CC021000 45914
072DD011000 82724
072DD021000 257
072EE001000 0
073 A011000 1.9800
073 A021000 1.9600
073 B001000 0.0000
073 C001000 0.0000
074 A001000 0
074 B001000 10881
074 C001000 0
074 D001000 502542
074 E001000 0
074 F001000 0
<PAGE> PAGE 83
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 69
074 K001000 0
074 L001000 4181
074 M001000 0
074 N001000 517673
074 O001000 0
074 P001000 224
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 539
074 S001000 0
074 T001000 516910
074 U011000 43708
074 U021000 159
074 V011000 11.78
074 V021000 11.78
074 W001000 0.0000
074 X001000 2
074 Y001000 36643
075 A001000 0
075 B001000 611108
076 001000 0.00
008 A001201 FRANKLIN ADVISERS, INC
008 B001201 A
008 C001201 801-26292
008 D011201 SAN MATEO
008 D021201 CA
008 D031201 94404
008 D041201 1585
015 A001201 BANKBOSTON, N.A.
015 B001201 S
015 C011201 BUENOS AIRES
015 D011201 ARGENTINA
015 E041201 X
015 A001202 NATIONAL AUSTRALIA BANK LIMITED
015 B001202 S
015 C011202 MELBOURNE
015 D011202 AUSTRALIA
015 E041202 X
015 A001203 BANK AUSTRIA AG
015 B001203 S
015 C011203 VIENNA
015 D011203 AUSTRIA
015 E041203 X
015 A001204 BANQUE BRUXELLES LAMBERT
015 B001204 S
<PAGE> PAGE 84
015 C011204 BRUSSELS
015 D011204 BELGIUM
015 E041204 X
015 A001205 ROYAL BANK OF CANADA
015 B001205 S
015 C011205 MONTREAL
015 D011205 CANADA
015 E041205 X
015 A001206 STANDARD CHARTERED BANK
015 B001206 S
015 C011206 SHANGHAI
015 D011206 CHINA
015 E041206 X
015 A001207 STANDARD CHARTERED BANK
015 B001207 S
015 C011207 SHENZHEN
015 D011207 CHINA
015 E041207 X
015 A001208 DEN DANSKE BANK
015 B001208 S
015 C011208 COPENHAGEN
015 D011208 DENMARK
015 E041208 X
015 A001209 BANK ONE N.A.
015 B001209 S
015 C011209 LONDON
015 D011209 UNITED KINGDOM
015 E041209 X
015 A001210 CEDEL
015 B001210 S
015 C011210 LUXEMBOURG CITY
015 D011210 EUROMARKET
015 E041210 X
015 A001211 EUROCLEAR
015 B001211 S
015 C011211 BRUSSELS
015 D011211 EUROMARKET
015 E041211 X
015 A001212 MERITA BANK PLC
015 B001212 S
015 C011212 HELSINKI
015 D011212 FINLAND
015 E041212 X
015 A001213 PARIBAS
015 B001213 S
015 C011213 PARIS
015 D011213 FRANCE
015 E041213 X
015 A001214 DRESDNER BANK AG
015 B001214 S
015 C011214 FRANKFURT/MAIN
<PAGE> PAGE 85
015 D011214 GERMANY
015 E041214 X
015 A001215 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001215 S
015 C011215 HONG KONG
015 D011215 HONG KONG
015 E041215 X
015 A001216 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001216 S
015 C011216 JAKARTA
015 D011216 INDONESIA
015 E041216 X
015 A001217 ALLIED IRISH BANKS PLC
015 B001217 S
015 C011217 DUBLIN
015 D011217 IRELAND
015 E041217 X
015 A001218 BANK OF TOKYO MITSUBISHI
015 B001218 S
015 C011218 TOKYO
015 D011218 JAPAN
015 E041218 X
015 A001219 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B001219 S
015 C011219 LUXEMBOURG CITY
015 D011219 LUXEMBOURG
015 E041219 X
015 A001220 HSBC BANK MALAYSIA BERHAD
015 B001220 S
015 C011220 KUALA LUMPUR
015 D011220 MALAYSIA
015 E041220 X
015 A001221 BANCO NACIONAL DE MEXICO
015 B001221 S
015 C011221 MEXICO CITY
015 D011221 MEXICO
015 E041221 X
015 A001222 MEESPIERSON
015 B001222 S
015 C011222 AMSTERDAM
015 D011222 NETHERLANDS
015 E041222 X
015 A001223 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B001223 S
015 C011223 WELLINGTON
015 D011223 NEW ZEALAND
015 E041223 X
015 A001224 STANDARD CHARTERED BANK
015 B001224 S
015 C011224 KARACHI
015 D011224 PAKISTAN
<PAGE> PAGE 86
015 E041224 X
015 A001225 BANCO COMERCIAL PORTUGUES, S.A.
015 B001225 S
015 C011225 LISBON
015 D011225 PORTUGAL
015 E041225 X
015 A001226 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001226 S
015 C011226 PASIG CITY MANILA
015 D011226 PHILIPPINES
015 E041226 X
015 A001227 UNITED OVERSEAS BANK LIMITED
015 B001227 S
015 C011227 SINGAPORE
015 D011227 SINGAPORE
015 E041227 X
015 A001228 STANDARD CORPORATE AND MERCHANT BANK
015 B001228 S
015 C011228 JOHANNESBURG
015 D011228 SOUTH AFRICA
015 E041228 X
015 A001229 BANCO BILBAO VIZCAYA
015 B001229 S
015 C011229 MADRID
015 D011229 SPAIN
015 E041229 X
015 A001230 STANDARD CHARTERED BANK
015 B001230 S
015 C011230 COLOMBO
015 D011230 SRI LANKA
015 E041230 X
015 A001231 SKANDINAVISKA ENSKILDA BANKEN
015 B001231 S
015 C011231 STOCKHOLM
015 D011231 SWEDEN
015 E041231 X
015 A001232 UBS AG
015 B001232 S
015 C011232 ZURICH
015 D011232 SWITZERLAND
015 E041232 X
015 A001233 STANDARD CHARTERED BANK
015 B001233 S
015 C011233 BANGKOK
015 D011233 THAILAND
015 E041233 X
015 A001234 OSMANLI BANKASI A.S.
015 B001234 S
015 C011234 ISTANBUL
015 D011234 TURKEY
015 E041234 X
<PAGE> PAGE 87
015 A001235 THE BANK OF NEW YORK
015 B001235 S
015 C011235 LONDON
015 D011235 UNITED KINGDOM
015 E041235 X
015 A001236 THE BANK OF NEW YORK
015 B001236 C
015 C011236 NEW YORK
015 C021236 NY
015 C031236 10286
015 E011236 X
015 A001237 STANBIC BANK ZAMBIA LIMITED
015 B001237 S
015 C011237 LUSAKA
015 D011237 ZAMBIA
015 E041237 X
015 A001238 STANBIC BANK ZIMBABWE LIMITED
015 B001238 S
015 C011238 HARARE
015 D011238 ZIMBABWE
015 E041238 X
024 001200 N
028 A011200 224
028 A021200 8470
028 A031200 0
028 A041200 2017
028 B011200 1091
028 B021200 0
028 B031200 0
028 B041200 2589
028 C011200 239
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028 C041200 1887
028 D011200 271
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028 D041200 2342
028 E011200 130
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028 E041200 2198
028 F011200 689
028 F021200 5478
028 F031200 0
028 F041200 2103
028 G011200 2644
028 G021200 13948
028 G031200 0
028 G041200 13136
028 H001200 0
<PAGE> PAGE 88
037 001200 N
038 001200 0
039 001200 N
040 001200 Y
041 001200 N
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 0
042 E001200 0
042 F001200 0
042 G001200 0
042 H001200 0
043 001200 0
044 001200 0
045 001200 Y
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048 B021200 0.500
048 C011200 9750000
048 C021200 0.450
048 D011200 2500000
048 D021200 0.440
048 E011200 2500000
048 E021200 0.420
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048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 15000000
048 K021200 0.400
049 001200 N
050 001200 N
051 001200 N
052 001200 N
053 A001200 N
055 A001200 Y
055 B001200 N
056 001200 N
057 001200 N
058 A001200 N
<PAGE> PAGE 89
059 001200 Y
060 A001200 Y
060 B001200 Y
061 001200 5000
062 A001200 Y
062 B001200 0.0
062 C001200 0.0
062 D001200 4.6
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
062 M001200 5.2
062 N001200 88.3
062 O001200 0.0
062 P001200 0.0
062 Q001200 2.1
062 R001200 0.0
063 A001200 279
063 B001200 0.0
064 A001200 N
064 B001200 N
066 A001200 N
067 001200 N
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 Y
070 B011200 N
070 B021200 N
070 C011200 N
070 C021200 N
070 D011200 N
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
<PAGE> PAGE 90
070 K011200 N
070 K021200 N
070 L011200 Y
070 L021200 N
070 M011200 Y
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
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071 B001200 36298
071 C001200 79924
071 D001200 10
072 A001200 12
072 B001200 6071
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072 D001200 0
072 E001200 0
072 F001200 506
072 G001200 0
072 H001200 0
072 I001200 0
072 J001200 1
072 K001200 3
072 L001200 5
072 M001200 1
072 N001200 0
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 7
072 S001200 1
072 T001200 0
072 U001200 0
072 V001200 0
072 W001200 0
072 X001200 524
072 Y001200 0
072 Z001200 5547
072AA001200 684
072BB001200 30
072CC011200 0
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072DD011200 12196
<PAGE> PAGE 91
072DD021200 0
072EE001200 1752
073 A011200 2.3300
073 A021200 0.0000
073 B001200 0.3400
073 C001200 0.0000
074 A001200 0
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074 C001200 55475
074 D001200 12333
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074 F001200 0
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 0
074 K001200 0
074 L001200 0
074 M001200 0
074 N001200 71049
074 O001200 0
074 P001200 38
074 Q001200 0
074 R011200 0
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074 S001200 0
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074 Y001200 1052
075 A001200 0
075 B001200 80997
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008 A001301 FRANKLIN ADVISERS, INC.
008 B001301 A
008 C001301 801-26292
008 D011301 SAN MATEO
008 D021301 CA
008 D031301 94404
008 D041301 1585
015 A001301 BANKBOSTON, N.A.
015 B001301 S
015 C011301 BUENOS AIRES
015 D011301 ARGENTINA
015 E041301 X
<PAGE> PAGE 92
015 A001302 NATIONAL AUSTRALIA BANK LIMITED
015 B001302 S
015 C011302 MELBOURNE
015 D011302 AUSTRALIA
015 E041302 X
015 A001303 BANK AUSTRIA AG
015 B001303 S
015 C011303 VIENNA
015 D011303 AUSTRIA
015 E041303 X
015 A001304 BANQUE BRUXELLES LAMBERT
015 B001304 S
015 C011304 BRUSSELS
015 D011304 BELGIUM
015 E041304 X
015 A001305 ROYAL BANK OF CANADA
015 B001305 S
015 C011305 MONTREAL
015 D011305 CANADA
015 E041305 X
015 A001306 STANDARD CHARTERED BANK
015 B001306 S
015 C011306 SHANGHAI
015 D011306 CHINA
015 E041306 X
015 A001307 STANDARD CHARTERED BANK
015 B001307 S
015 C011307 SHENZHEN
015 D011307 CHINA
015 E041307 X
015 A001308 DEN DANSKE BANK
015 B001308 S
015 C011308 COPENHAGEN
015 D011308 DENMARK
015 E041308 X
015 A001309 BANK ONE N.A.
015 B001309 S
015 C011309 LONDON
015 D011309 UNITED KINGDOM
015 E041309 X
015 A001310 CEDEL
015 B001310 S
015 C011310 LUXEMBOURG CITY
015 D011310 EUROMARKET
015 E041310 X
015 A001311 EUROCLEAR
015 B001311 S
015 C011311 BRUSSELS
015 D011311 EUROMARKET
015 E041311 X
015 A001312 MERITA BANK PLC
<PAGE> PAGE 93
015 B001312 S
015 C011312 HELSINKI
015 D011312 FINLAND
015 E041312 X
015 A001313 PARIBAS
015 B001313 S
015 C011313 PARIS
015 D011313 FRANCE
015 E041313 X
015 A001314 DRESDNER BANK AG
015 B001314 S
015 C011314 FRANKFURT/MAIN
015 D011314 GERMANY
015 E041314 X
015 A001315 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001315 S
015 C011315 HONG KONG
015 D011315 HONG KONG
015 E041315 X
015 A001316 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001316 S
015 C011316 JAKARTA
015 D011316 INDONESIA
015 E041316 X
015 A001317 ALLIED IRISH BANKS PLC
015 B001317 S
015 C011317 DUBLIN
015 D011317 IRELAND
015 E041317 X
015 A001318 BANK OF TOKYO MITSUBISHI
015 B001318 S
015 C011318 TOKYO
015 D011318 JAPAN
015 E041318 X
015 A001319 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B001319 S
015 C011319 LUXEMBOURG CITY
015 D011319 LUXEMBOURG
015 E041319 X
015 A001320 HSBC BANK MALAYSIA BERHAD
015 B001320 S
015 C011320 KUALA LUMPUR
015 D011320 MALAYSIA
015 E041320 X
015 A001321 BANCO NACIONAL DE MEXICO
015 B001321 S
015 C011321 MEXICO CITY
015 D011321 MEXICO
015 E041321 X
015 A001322 MEESPIERSON
015 B001322 S
<PAGE> PAGE 94
015 C011322 AMSTERDAM
015 D011322 NETHERLANDS
015 E041322 X
015 A001323 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B001323 S
015 C011323 WELLINGTON
015 D011323 NEW ZEALAND
015 E041323 X
015 A001324 STANDARD CHARTERED BANK
015 B001324 S
015 C011324 KARACHI
015 D011324 PAKISTAN
015 E041324 X
015 A001325 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001325 S
015 C011325 PASIG CITY MANILA
015 D011325 PHILIPPINES
015 E041325 X
015 A001326 BANCO COMERCIAL PORTUGUES, S.A.
015 B001326 S
015 C011326 LISBON
015 D011326 PORTUGAL
015 E041326 X
015 A001327 UNITED OVERSEAS BANK LIMITED
015 B001327 S
015 C011327 SINGAPORE
015 D011327 SINGAPORE
015 E041327 X
015 A001328 STANDARD CORPORATE AND MERCHANT BANK
015 B001328 S
015 C011328 JOHANNESBURG
015 D011328 SOUTH AFRICA
015 E041328 X
015 A001329 BANCO BILBAO VIZCAYA
015 B001329 S
015 C011329 MADRID
015 D011329 SPAIN
015 E041329 X
015 A001330 STANDARD CHARTERED BANK
015 B001330 S
015 C011330 COLOMBO
015 D011330 SRI LANKA
015 E041330 X
015 A001331 SKANDINAVISKA ENSKILDA BANKEN
015 B001331 S
015 C011331 STOCKHOLM
015 D011331 SWEDEN
015 E041331 X
015 A001332 UBS AG
015 B001332 S
015 C011332 ZURICH
<PAGE> PAGE 95
015 D011332 SWITZERLAND
015 E041332 X
015 A001333 STANDARD CHARTERED BANK
015 B001333 S
015 C011333 BANGKOK
015 D011333 THAILAND
015 E041333 X
015 A001334 OSMANLI BANKASI A.S.
015 B001334 S
015 C011334 ISTANBUL
015 D011334 TURKEY
015 E041334 X
015 A001335 THE BANK OF NEW YORK
015 B001335 S
015 C011335 LONDON
015 D011335 UNITED KINGDOM
015 E041335 X
015 A001336 THE BANK OF NEW YORK
015 B001336 C
015 C011336 NEW YORK
015 C021336 NY
015 C031336 10286
015 E011336 X
015 A001337 STANBIC BANK ZAMBIA LIMITED
015 B001337 S
015 C011337 LUSAKA
015 D011337 ZAMBIA
015 E041337 X
015 A001338 STANBIC BANK ZIMBABWE LIMITED
015 B001338 S
015 C011338 HARARE
015 D011338 ZIMBABWE
015 E041338 X
024 001300 N
028 A011300 922
028 A021300 5090
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028 B011300 662
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<PAGE> PAGE 96
028 E021300 0
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028 H001300 0
037 001300 N
038 001300 0
039 001300 N
040 001300 Y
041 001300 N
042 A001300 0
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042 C001300 0
042 D001300 0
042 E001300 0
042 F001300 0
042 G001300 0
042 H001300 0
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<PAGE> PAGE 97
048 K011300 15000000
048 K021300 0.400
049 001300 N
050 001300 N
051 001300 N
052 001300 N
053 A001300 N
055 A001300 N
055 B001300 N
056 001300 N
057 001300 N
058 A001300 N
059 001300 Y
060 A001300 Y
060 B001300 Y
061 001300 5000
062 A001300 Y
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062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
062 I001300 0.0
062 J001300 0.0
062 K001300 0.0
062 L001300 0.0
062 M001300 1.9
062 N001300 89.6
062 O001300 0.0
062 P001300 5.3
062 Q001300 3.2
062 R001300 0.0
063 A001300 0
063 B001300 5.4
064 A001300 N
064 B001300 N
066 A001300 N
067 001300 N
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 Y
070 B011300 N
070 B021300 N
070 C011300 N
070 C021300 N
070 D011300 N
070 D021300 N
<PAGE> PAGE 98
070 E011300 N
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 N
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 N
070 K021300 N
070 L011300 Y
070 L021300 N
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 11925
071 B001300 25939
071 C001300 75125
071 D001300 16
072 A001300 12
072 B001300 4946
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072 D001300 0
072 E001300 0
072 F001300 470
072 G001300 0
072 H001300 0
072 I001300 0
072 J001300 1
072 K001300 2
072 L001300 3
072 M001300 1
072 N001300 0
072 O001300 0
072 P001300 0
072 Q001300 0
072 R001300 7
072 S001300 1
<PAGE> PAGE 99
072 T001300 0
072 U001300 0
072 V001300 0
072 W001300 0
072 X001300 485
072 Y001300 0
072 Z001300 4461
072AA001300 1840
072BB001300 263
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072DD011300 9039
072DD021300 0
072EE001300 454
073 A011300 2.1000
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074 C001300 0
074 D001300 65918
074 E001300 0
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074 H001300 0
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074 J001300 0
074 K001300 0
074 L001300 0
074 M001300 0
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074 O001300 0
074 P001300 36
074 Q001300 0
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074 R041300 152
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074 X001300 2
074 Y001300 2592
075 A001300 0
075 B001300 75212
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<PAGE> PAGE 100
008 A001401 FRANKLIN ADVISERS, INC.
008 B001401 A
008 C001401 801-26292
008 D011401 SAN MATEO
008 D021401 CA
008 D031401 94404
008 D041401 1585
015 A001401 BANKBOSTON, N.A.
015 B001401 S
015 C011401 BUENOS AIRES
015 D011401 ARGENTINA
015 E041401 X
015 A001402 NATIONAL AUSTRALIA BANK LIMITED
015 B001402 S
015 C011402 MELBOURNE
015 D011402 AUSTRALIA
015 E041402 X
015 A001403 BANK AUSTRIA AG
015 B001403 S
015 C011403 VIENNA
015 D011403 AUSTRIA
015 E041403 X
015 A001404 BANQUE BRUXELLES LAMBERT
015 B001404 S
015 C011404 BRUSSELS
015 D011404 BELGIUM
015 E041404 X
015 A001405 ROYAL BANK OF CANADA
015 B001405 S
015 C011405 MONTREAL
015 D011405 CANADA
015 E041405 X
015 A001406 STANDARD CHARTERED BANK
015 B001406 S
015 C011406 SHANGHAI
015 D011406 CHINA
015 E041406 X
015 A001407 STANDARD CHARTERED BANK
015 B001407 S
015 C011407 SHENZHEN
015 D011407 CHINA
015 E041407 X
015 A001408 DEN DANSKE BANK
015 B001408 S
015 C011408 COPENHAGEN
015 D011408 DENMARK
015 E041408 X
015 A001409 BANK ONE N.A.
015 B001409 S
015 C011409 LONDON
015 D011409 UNITED KINGDOM
<PAGE> PAGE 101
015 E041409 X
015 A001410 CEDEL
015 B001410 S
015 C011410 LUXEMBOURG CITY
015 D011410 EUROMARKET
015 E041410 X
015 A001411 EUROCLEAR
015 B001411 S
015 C011411 BRUSSELS
015 D011411 EUROMARKET
015 E041411 X
015 A001412 MERITA BANK PLC
015 B001412 S
015 C011412 HELSINKI
015 D011412 FINLAND
015 E041412 X
015 A001413 PARIBAS
015 B001413 S
015 C011413 PARIS
015 D011413 FRANCE
015 E041413 X
015 A001414 DRESDNER BANK AG
015 B001414 S
015 C011414 FRANKFURT/MAIN
015 D011414 GERMANY
015 E041414 X
015 A001415 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001415 S
015 C011415 HONG KONG
015 D011415 HONG KONG
015 E041415 X
015 A001416 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001416 S
015 C011416 JAKARTA
015 D011416 INDONESIA
015 E041416 X
015 A001417 ALLIED IRISH BANKS PLC
015 B001417 S
015 C011417 DUBLIN
015 D011417 IRELAND
015 E041417 X
015 A001418 BANK OF TOKYO MITSUBISHI
015 B001418 S
015 C011418 TOKYO
015 D011418 JAPAN
015 E041418 X
015 A001419 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B001419 S
015 C011419 LUXEMBOURG CITY
015 D011419 LUXEMBOURG
015 E041419 X
<PAGE> PAGE 102
015 A001420 HSBC BANK MALAYSIA BERHAD
015 B001420 S
015 C011420 KUALA LUMPUR
015 D011420 MALAYSIA
015 E041420 X
015 A001421 BANCO NACIONAL DE MEXICO
015 B001421 S
015 C011421 MEXICO CITY
015 D011421 MEXICO
015 E041421 X
015 A001422 MEESPIERSON
015 B001422 S
015 C011422 AMSTERDAM
015 D011422 NETHERLANDS
015 E041422 X
015 A001423 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B001423 S
015 C011423 WELLINGTON
015 D011423 NEW ZEALAND
015 E041423 X
015 A001424 STANDARD CHARTERED BANK
015 B001424 S
015 C011424 KARACHI
015 D011424 PAKISTAN
015 E041424 X
015 A001425 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001425 S
015 C011425 PASIG CITY MANILA
015 D011425 PHILIPPINES
015 E041425 X
015 A001426 BANCO COMERCIAL PORTUGUES, S.A.
015 B001426 S
015 C011426 LISBON
015 D011426 PORTUGAL
015 E041426 X
015 A001427 UNITED OVERSEAS BANK LIMITED
015 B001427 S
015 C011427 SINGAPORE
015 D011427 SINGAPORE
015 E041427 X
015 A001428 STANDARD CORPORATE AND MERCHANT BANK
015 B001428 S
015 C011428 JOHANNESBURG
015 D011428 SOUTH AFRICA
015 E041428 X
015 A001429 BANCO BILBAO VIZCAYA
015 B001429 S
015 C011429 MADRID
015 D011429 SPAIN
015 E041429 X
015 A001430 STANDARD CHARTERED BANK
<PAGE> PAGE 103
015 B001430 S
015 C011430 COLOMBO
015 D011430 SRI LANKA
015 E041430 X
015 A001431 SKANDINAVISKA ENSKILDA BANKEN
015 B001431 S
015 C011431 STOCKHOLM
015 D011431 SWEDEN
015 E041431 X
015 A001432 UBS AG
015 B001432 S
015 C011432 ZURICH
015 D011432 SWITZERLAND
015 E041432 X
015 A001433 STANDARD CHARTERED BANK
015 B001433 S
015 C011433 BANGKOK
015 D011433 THAILAND
015 E041433 X
015 A001434 OSMANLI BANKASI A.S.
015 B001434 S
015 C011434 ISTANBUL
015 D011434 TURKEY
015 E041434 X
015 A001435 THE BANK OF NEW YORK
015 B001435 S
015 C011435 LONDON
015 D011435 UNITED KINGDOM
015 E041435 X
015 A001436 THE BANK OF NEW YORK
015 B001436 C
015 C011436 NEW YORK
015 C021436 NY
015 C031436 10286
015 E011436 X
015 A001437 STANBIC BANK ZIMBABWE LIMITED
015 B001437 S
015 C011437 LUSAKA
015 D011437 ZAMBIA
015 E041437 X
015 A001438 STANBIC BANK ZIMBABWE LIMITED
015 B001438 S
015 C011438 HARARE
015 D011438 ZIMBABWE
015 E041438 X
024 001400 N
028 A011400 1494
028 A021400 7225
028 A031400 0
028 A041400 2393
028 B011400 661
<PAGE> PAGE 104
028 B021400 0
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028 B041400 2856
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028 C041400 1932
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028 D041400 4902
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039 001400 N
040 001400 Y
041 001400 N
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042 D001400 0
042 E001400 0
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042 H001400 0
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048 B011400 150000
048 B021400 0.500
048 C011400 9750000
048 C021400 0.450
048 D011400 2500000
048 D021400 0.440
<PAGE> PAGE 105
048 E011400 2500000
048 E021400 0.420
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048 J011400 0
048 J021400 0.000
048 K011400 15000000
048 K021400 0.400
049 001400 N
050 001400 N
051 001400 N
052 001400 N
053 A001400 N
055 A001400 N
055 B001400 N
056 001400 N
057 001400 N
058 A001400 N
059 001400 Y
060 A001400 Y
060 B001400 Y
061 001400 5000
062 A001400 Y
062 B001400 0.0
062 C001400 0.0
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062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
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062 O001400 0.0
062 P001400 0.0
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063 B001400 10.7
064 A001400 N
064 B001400 N
066 A001400 N
<PAGE> PAGE 106
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 Y
070 B011400 N
070 B021400 N
070 C011400 N
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 N
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 N
070 K021400 N
070 L011400 Y
070 L021400 N
070 M011400 Y
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400 15494
071 B001400 32796
071 C001400 80293
071 D001400 19
072 A001400 12
072 B001400 5211
072 C001400 0
072 D001400 0
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<PAGE> PAGE 107
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<PAGE> PAGE 108
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<PAGE> PAGE 109
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<PAGE> PAGE 110
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<PAGE> PAGE 111
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<PAGE> PAGE 112
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<PAGE> PAGE 113
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<PAGE> PAGE 114
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070 H011600 N
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070 I011600 N
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<PAGE> PAGE 115
070 P021600 N
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<PAGE> PAGE 116
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<PAGE> PAGE 117
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<PAGE> PAGE 118
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<PAGE> PAGE 119
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<PAGE> PAGE 120
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<PAGE> PAGE 121
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<PAGE> PAGE 122
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<PAGE> PAGE 123
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<PAGE> PAGE 124
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072 S001700 2
072 T001700 0
072 U001700 0
072 V001700 0
072 W001700 0
072 X001700 1076
072 Y001700 0
072 Z001700 924
072AA001700 7075
072BB001700 33888
072CC011700 59288
072CC021700 0
072DD011700 982
072DD021700 1
072EE001700 0
073 A011700 0.1001
073 A021700 0.0804
073 B001700 0.0000
073 C001700 0.0000
074 A001700 865
074 B001700 1103
074 C001700 0
074 D001700 0
074 E001700 233
074 F001700 91237
074 G001700 0
<PAGE> PAGE 125
074 H001700 0
074 I001700 0
074 J001700 3688
074 K001700 0
074 L001700 71
074 M001700 0
074 N001700 97197
074 O001700 0
074 P001700 103
074 Q001700 0
074 R011700 0
074 R021700 0
074 R031700 0
074 R041700 244
074 S001700 0
074 T001700 96850
074 U011700 9490
074 U021700 11
074 V011700 10.19
074 V021700 10.20
074 W001700 0.0000
074 X001700 2
074 Y001700 0
075 A001700 0
075 B001700 99504
076 001700 0.00
008 A001801 FRANKLIN ADVISERS, INC.
008 B001801 A
008 C001801 801-26292
008 D011801 SAN MATEO
008 D021801 CA
008 D031801 94404
008 D041801 1585
008 A001802 TEMPLETON INVESTMENT COUNSEL, INC.
008 B001802 S
008 C001802 801-15125
008 D011802 FT. LAUDERDALE
008 D021802 FL
008 D031802 33394
008 D041802 3091
015 A001801 BANKBOSTON, N.A.
015 B001801 S
015 C011801 BUENOS AIRES
015 D011801 ARGENTINA
015 E041801 X
015 A001802 NATIONAL AUSTRALIA BANK LIMITED
015 B001802 S
015 C011802 MELBOURNE
015 D011802 AUSTRALIA
015 E041802 X
015 A001803 BANK AUSTRIA AG
<PAGE> PAGE 126
015 B001803 S
015 C011803 VIENNA
015 D011803 AUSTRIA
015 E041803 X
015 A001804 STANDARD CHARTERED BANK PLC
015 B001804 S
015 C011804 DHAKA
015 D011804 BANGLADESH
015 E041804 X
015 A001805 BANQUE BRUXELLES LAMBERT
015 B001805 S
015 C011805 BRUSSELS
015 D011805 BELGIUM
015 E041805 X
015 A001806 BANKBOSTON, N.A.
015 B001806 S
015 C011806 SAO PAULO
015 D011806 BRAZIL
015 E041806 X
015 A001807 ROYAL BANK OF CANADA
015 B001807 S
015 C011807 MONTREAL
015 D011807 CANADA
015 E041807 X
015 A001808 STANDARD CHARTERED BANK
015 B001808 S
015 C011808 SHANGHAI
015 D011808 CHINA
015 E041808 X
015 A001809 STANDARD CHARTERED BANK
015 B001809 S
015 C011809 SHENZHEN
015 D011809 CHINA
015 E041809 X
015 A001810 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B001810 S
015 C011810 PRAHA (PRAGUE)
015 D011810 CZECH REPUBLIC
015 E041810 X
015 A001811 DEN DANSKE BANK
015 B001811 S
015 C011811 COPENHAGEN
015 D011811 DENMARK
015 E041811 X
015 A001812 BANK ONE N.A.
015 B001812 S
015 C011812 LONDON
015 D011812 UNITED KINGDOM
015 E041812 X
015 A001813 CEDEL
015 B001813 S
<PAGE> PAGE 127
015 C011813 LUXEMBOURG CITY
015 D011813 EUROMARKET
015 E041813 X
015 A001814 EUROCLEAR
015 B001814 S
015 C011814 BRUSSELS
015 D011814 EUROMARKET
015 E041814 X
015 A001815 MERITA BANK PLC
015 B001815 S
015 C011815 HELSINKI
015 D011815 FINLAND
015 E041815 X
015 A001816 PARIBAS
015 B001816 S
015 C011816 PARIS
015 D011816 FRANCE
015 E041816 X
015 A001817 DRESDNER BANK AG
015 B001817 S
015 C011817 FRANKFURT/MAIN
015 D011817 GERMANY
015 E041817 X
015 A001818 PARIBAS
015 B001818 S
015 C011818 ATHENS
015 D011818 GREECE
015 E041818 X
015 A001819 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001819 S
015 C011819 HONG KONG
015 D011819 HONG KONG
015 E041819 X
015 A001820 CITIBANK BUDAPEST RT.
015 B001820 S
015 C011820 BUDAPEST
015 D011820 HUNGARY
015 E041820 X
015 A001821 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001821 S
015 C011821 MUMBAI
015 D011821 INDIA
015 E041821 X
015 A001822 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001822 S
015 C011822 JAKARTA
015 D011822 INDONESIA
015 E041822 X
015 A001823 ALLIED IRISH BANKS PLC
015 B001823 S
015 C011823 DUBLIN
<PAGE> PAGE 128
015 D011823 IRELAND
015 E041823 X
015 A001824 BANK OF TOKYO MITSUBISHI
015 B001824 S
015 C011824 TOKYO
015 D011824 JAPAN
015 E041824 X
015 A001825 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B001825 S
015 C011825 LUXEMBOURG CITY
015 D011825 LUXEMBOURG
015 E041825 X
015 A001826 HSBC BANK MALAYSIA BERHAD
015 B001826 S
015 C011826 KUALA LUMPUR
015 D011826 MALAYSIA
015 E041826 X
015 A001827 BANCO NACIONAL DE MEXICO
015 B001827 S
015 C011827 MEXICO CITY
015 D011827 MEXICO
015 E041827 X
015 A001828 MEESPIERSON
015 B001828 S
015 C011828 AMSTERDAM
015 D011828 NETHERLANDS
015 E041828 X
015 A001829 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B001829 S
015 C011829 WELLINGTON
015 D011829 NEW ZEALAND
015 E041829 X
015 A001830 STANDARD CHARTERED BANK
015 B001830 S
015 C011830 KARACHI
015 D011830 PAKISTAN
015 E041830 X
015 A001831 CITIBANK, N.A.
015 B001831 S
015 C011831 LIMA
015 D011831 PERU
015 E041831 X
015 A001832 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001832 S
015 C011832 PASIG CITY MANILA
015 D011832 PHILIPPINES
015 E041832 X
015 A001833 BANK HANDLOWY W WARSZAWIE S.A.
015 B001833 S
015 C011833 WARSAW
015 D011833 POLAND
<PAGE> PAGE 129
015 E041833 X
015 A001834 BANCO COMERCIAL PORTUGUES, S.A.
015 B001834 S
015 C011834 LISBON
015 D011834 PORTUGAL
015 E041834 X
015 A001835 UNITED OVERSEAS BANK LIMITED
015 B001835 S
015 C011835 SINGAPORE
015 D011835 SINGAPORE
015 E041835 X
015 A001836 STANDARD CORPORATE AND MERCHANT BANK
015 B001836 S
015 C011836 JOHANNESBURG
015 D011836 SOUTH AFRICA
015 E041836 X
015 A001837 STANDARD CHARTERED BANK
015 B001837 S
015 C011837 SEOUL
015 D011837 SOUTH KOREA
015 E041837 X
015 A001838 BANCO BILBAO VIZCAYA
015 B001838 S
015 C011838 MADRID
015 D011838 SPAIN
015 E041838 X
015 A001839 STANDARD CHARTERED BANK
015 B001839 S
015 C011839 COLOMBO
015 D011839 SRI LANKA
015 E041839 X
015 A001840 SKANDINAVISKA ENSKILDA BANKEN
015 B001840 S
015 C011840 STOCKHOLM
015 D011840 SWEDEN
015 E041840 X
015 A001841 UBS AG
015 B001841 S
015 C011841 ZURICH
015 D011841 SWITZERLAND
015 E041841 X
015 A001842 STANDARD CHARTERED BANK
015 B001842 S
015 C011842 BANGKOK
015 D011842 THAILAND
015 E041842 X
015 A001843 OSMANLI BANKASI A.S.
015 B001843 S
015 C011843 ISTANBUL
015 D011843 TURKEY
015 E041843 X
<PAGE> PAGE 130
015 A001844 THE BANK OF NEW YORK
015 B001844 S
015 C011844 LONDON
015 D011844 UNITED KINGDOM
015 E041844 X
015 A001845 THE BANK OF NEW YORK
015 B001845 C
015 C011845 NEW YORK
015 C021845 NY
015 C031845 10286
015 E011845 X
015 A001846 STANBIC BANK ZAMBIA LIMITED
015 B001846 S
015 C011846 LUSAKA
015 D011846 ZAMBIA
015 E041846 X
015 A001847 STANBIC BANK ZIMBABWE LIMITED
015 B001847 S
015 C011847 HARARE
015 D011847 ZIMBABWE
015 E041847 X
024 001800 N
028 A011800 20939
028 A021800 54440
028 A031800 0
028 A041800 55493
028 B011800 25967
028 B021800 0
028 B031800 0
028 B041800 50079
028 C011800 27093
028 C021800 0
028 C031800 0
028 C041800 47609
028 D011800 37122
028 D021800 0
028 D031800 0
028 D041800 49793
028 E011800 26676
028 E021800 0
028 E031800 0
028 E041800 47900
028 F011800 20684
028 F021800 16151
028 F031800 0
028 F041800 52742
028 G011800 158481
028 G021800 70591
028 G031800 0
028 G041800 303616
028 H001800 0
<PAGE> PAGE 131
037 001800 N
038 001800 0
039 001800 N
040 001800 Y
041 001800 Y
042 A001800 0
042 B001800 0
042 C001800 100
042 D001800 0
042 E001800 0
042 F001800 0
042 G001800 0
042 H001800 0
043 001800 7
044 001800 0
045 001800 Y
046 001800 N
047 001800 Y
048 001800 0.000
048 A011800 100000
048 A021800 1.000
048 B011800 150000
048 B021800 0.900
048 C011800 250000
048 C021800 0.800
048 D011800 0
048 D021800 0.000
048 E011800 0
048 E021800 0.000
048 F011800 0
048 F021800 0.000
048 G011800 0
048 G021800 0.000
048 H011800 0
048 H021800 0.000
048 I011800 0
048 I021800 0.000
048 J011800 0
048 J021800 0.000
048 K011800 500000
048 K021800 0.750
049 001800 N
050 001800 N
051 001800 N
052 001800 N
053 A001800 N
055 A001800 N
055 B001800 N
056 001800 Y
057 001800 N
058 A001800 N
<PAGE> PAGE 132
059 001800 Y
060 A001800 Y
060 B001800 Y
061 001800 5000
062 A001800 N
062 B001800 0.0
062 C001800 0.0
062 D001800 0.0
062 E001800 0.0
062 F001800 0.0
062 G001800 0.0
062 H001800 0.0
062 I001800 0.0
062 J001800 0.0
062 K001800 0.0
062 L001800 0.0
062 M001800 0.0
062 N001800 0.0
062 O001800 0.0
062 P001800 0.0
062 Q001800 0.0
062 R001800 0.0
063 A001800 0
063 B001800 0.0
066 A001800 Y
066 B001800 N
066 C001800 N
066 D001800 Y
066 E001800 N
066 F001800 N
066 G001800 N
067 001800 N
068 A001800 N
068 B001800 Y
069 001800 N
070 A011800 Y
070 A021800 Y
070 B011800 Y
070 B021800 N
070 C011800 Y
070 C021800 N
070 D011800 Y
070 D021800 N
070 E011800 Y
070 E021800 N
070 F011800 Y
070 F021800 N
070 G011800 Y
070 G021800 N
070 H011800 Y
070 H021800 N
<PAGE> PAGE 133
070 I011800 N
070 I021800 N
070 J011800 Y
070 J021800 N
070 K011800 Y
070 K021800 N
070 L011800 Y
070 L021800 Y
070 M011800 Y
070 M021800 Y
070 N011800 Y
070 N021800 N
070 O011800 Y
070 O021800 N
070 P011800 Y
070 P021800 N
070 Q011800 N
070 Q021800 N
070 R011800 N
070 R021800 N
071 A001800 256702
071 B001800 551033
071 C001800 760911
071 D001800 34
072 A001800 12
072 B001800 1794
072 C001800 23609
072 D001800 0
072 E001800 0
072 F001800 6729
072 G001800 0
072 H001800 0
072 I001800 0
072 J001800 509
072 K001800 10
072 L001800 47
072 M001800 7
072 N001800 0
072 O001800 0
072 P001800 0
072 Q001800 0
072 R001800 28
072 S001800 19
072 T001800 7
072 U001800 0
072 V001800 0
072 W001800 8
072 X001800 7364
072 Y001800 0
072 Z001800 18039
072AA001800 226848
<PAGE> PAGE 134
072BB001800 4409
072CC011800 0
072CC021800 12829
072DD011800 46371
072DD021800 147
072EE001800 24073
073 A011800 1.0305
073 A021800 0.9912
073 B001800 0.5179
073 C001800 0.0000
074 A001800 0
074 B001800 47104
074 C001800 4988
074 D001800 0
074 E001800 24365
074 F001800 704676
074 G001800 0
074 H001800 0
074 I001800 0
074 J001800 61
074 K001800 0
074 L001800 1857
074 M001800 0
074 N001800 783051
074 O001800 39
074 P001800 539
074 Q001800 0
074 R011800 0
074 R021800 0
074 R031800 0
074 R041800 2204
074 S001800 0
074 T001800 780269
074 U011800 43288
074 U021800 181
074 V011800 17.95
074 V021800 17.90
074 W001800 0.0000
074 X001800 2
074 Y001800 0
075 A001800 0
075 B001800 817017
076 001800 0.00
008 A001901 TEMPLETON ASSET MANAGEMENT LTD.
008 B001901 A
008 C001901 801-46997
008 D011901 SUNTEC TOWER ONE
008 D051901 SINGAPORE
008 D061901 038987
015 A001901 THE CHASE MANHATTAN BANK
015 B001901 S
<PAGE> PAGE 135
015 C011901 BUENOS AIRES
015 D011901 ARGENTINA
015 E041901 X
015 A001902 THE CHASE MANHATTAN BANK
015 B001902 S
015 C011902 SYDNEY
015 D011902 AUSTRALIA
015 E041902 X
015 A001903 BANK AUSTRIA AG
015 B001903 S
015 C011903 VIENNA
015 D011903 AUSTRIA
015 E041903 X
015 A001904 HSBC BANK MIDDLE EAST
015 B001904 S
015 C011904 MANAMA
015 D011904 BAHRAIN
015 E041904 X
015 A001905 STANDARD CHARTERED BANK PLC
015 B001905 S
015 C011905 DHAKA
015 D011905 BANGLADESH
015 E041905 X
015 A001906 FORTIS BANK S.A.
015 B001906 S
015 C011906 BRUSSELS
015 D011906 BELGIUM
015 E041906 X
015 A001907 THE BANK OF BERMUDA LIMITED
015 B001907 S
015 C011907 HAMILTON
015 D011907 BERMUDA
015 E041907 X
015 A001908 BARCLAYS BANK OF BOTSWANA LIMITED
015 B001908 S
015 C011908 GABORONE
015 D011908 BOTSWANA
015 E041908 X
015 A001909 CITIBANK, N.A., SAO PAULO
015 B001909 S
015 C011909 SAO PAULO
015 D011909 BRAZIL
015 E041909 X
015 A001910 ING BANK, SOFIA
015 B001910 S
015 C011910 SOFIA
015 D011910 BULGARIA
015 E041910 X
015 A001911 CANADIAN IMPERIAL BANK OF COMMERCE
015 B001911 S
015 C011911 TORONTO
<PAGE> PAGE 136
015 D011911 CANADA
015 E041911 X
015 A001912 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001912 S
015 C011912 SHANGHAI
015 D011912 CHINA
015 E041912 X
015 A001913 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001913 S
015 C011913 SHENZHEN
015 D011913 CHINA
015 E041913 X
015 A001914 CITITRUST COLOMBIA S.A.
015 B001914 S
015 C011914 SANTAFE DE BOGOTA
015 D011914 COLOMBIA
015 E041914 X
015 A001915 PRIVREDNA BANKA ZAGREB D.D.
015 B001915 S
015 C011915 ZAGREB
015 D011915 CROATIA
015 E041915 X
015 A001916 CYPRUS POPULAR BANK
015 B001916 S
015 C011916 CYPRUS
015 D011916 CYPRUS
015 E041916 X
015 A001917 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B001917 S
015 C011917 PRAGUE
015 D011917 CZECH REPUBLIC
015 E041917 X
015 A001918 DEN DANSKE BANK
015 B001918 S
015 C011918 COPENHAGEN
015 D011918 DENMARK
015 E041918 X
015 A001919 CITIBANK, N.A., QUITO
015 B001919 S
015 C011919 QUITO
015 D011919 ECUADOR
015 E041919 X
015 A001920 CITIBANK, N.A.
015 B001920 S
015 C011920 CAIRO
015 D011920 EGYPT
015 E041920 X
015 A001921 HANSABANK, LTD.
015 B001921 S
015 C011921 TALLINN
015 D011921 ESTONIA
<PAGE> PAGE 137
015 E041921 X
015 A001922 BANK ONE N.A.
015 B001922 S
015 C011922 LONDON
015 D011922 UNITED KINGDOM
015 E041922 X
015 A001923 CEDEL
015 B001923 S
015 C011923 LUXEMBOURG CITY
015 D011923 EUROMARKET
015 E041923 X
015 A001924 EUROCLEAR
015 B001924 S
015 C011924 BRUSSELS
015 D011924 EUROMARKET
015 E041924 X
015 A001925 MERITA BANK LTD.
015 B001925 S
015 C011925 HELSINKI
015 D011925 FINLAND
015 E041925 X
015 A001926 PARIBAS
015 B001926 S
015 C011926 PARIS
015 D011926 FRANCE
015 E041926 X
015 A001927 DRESDNER BANK AG
015 B001927 S
015 C011927 FRANKFURT
015 D011927 GERMANY
015 E041927 X
015 A001928 BARCLAYS BANK OF GHANA LTD
015 B001928 S
015 C011928 ACCRA
015 D011928 GHANA
015 E041928 X
015 A001929 BARCLAYS BANK PLC
015 B001929 S
015 C011929 ATHENS
015 D011929 GREECE
015 E041929 X
015 A001930 THE CHASE MANHATTAN BANK
015 B001930 S
015 C011930 HONG KONG
015 D011930 HONG KONG
015 E041930 X
015 A001931 CITIBANK BUDAPEST RT.
015 B001931 S
015 C011931 BUDAPEST
015 D011931 HUNGARY
015 E041931 X
<PAGE> PAGE 138
015 A001932 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001932 S
015 C011932 MUMBAI
015 D011932 INDIA
015 E041932 X
015 A001933 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001933 S
015 C011933 JAKARTA
015 D011933 INDONESIA
015 E041933 X
015 A001934 BANK OF IRELAND
015 B001934 S
015 C011934 DUBLIN
015 D011934 IRELAND
015 E041934 X
015 A001935 BANK LEUMI LE-ISRAEL B.M.
015 B001935 S
015 C011935 TEL AVIV
015 D011935 ISRAEL
015 E041935 X
015 A001936 PARIBAS
015 B001936 S
015 C011936 MILAN
015 D011936 ITALY
015 E041936 X
015 A001937 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B001937 S
015 C011937 ABIDJAN
015 D011937 IVORY COAST
015 E041937 X
015 A001938 THE FUJI BANK LIMITED
015 B001938 S
015 C011938 TOKYO
015 D011938 JAPAN
015 E041938 X
015 A001939 ARAB BANK, LTD.
015 B001939 S
015 C011939 AMMAN
015 D011939 JORDAN
015 E041939 X
015 A001940 BARCLAYS BANK OF KENYA LTD., NAIROBI
015 B001940 S
015 C011940 NAIROBI
015 D011940 KENYA
015 E041940 X
015 A001941 A/S HANSABANKA
015 B001941 S
015 C011941 RIGA
015 D011941 LATVIA
015 E041941 X
015 A001942 HSBC BANK MIDDLE EAST
<PAGE> PAGE 139
015 B001942 S
015 C011942 BEIRUT
015 D011942 LEBANON
015 E041942 X
015 A001943 VILNIAUS BANKA
015 B001943 S
015 C011943 VILNIUS
015 D011943 LITHUANIA
015 E041943 X
015 A001944 BANQUE GENERALE DU LUXEMBOURG S.A.
015 B001944 S
015 C011944 LUXEMBOURG CITY
015 D011944 LUXEMBOURG
015 E041944 X
015 A001945 THE CHASE MANHATTAN BANK, (M) BERHAD
015 B001945 S
015 C011945 KUALA LUMPUR
015 D011945 MALAYSIA
015 E041945 X
015 A001946 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001946 S
015 C011946 PORT LOUIS
015 D011946 MAURITIUS
015 E041946 X
015 A001947 CHASE MANHATTAN BANK MEXICO, S.A.
015 B001947 S
015 C011947 MEXICO CITY
015 D011947 MEXICO
015 E041947 X
015 A001948 BANQUE COMMERCIALE DU MAROC
015 B001948 S
015 C011948 CASABLANCA
015 D011948 MOROCCO
015 E041948 X
015 A001949 STANDARD BANK NAMIBIA LTD.
015 B001949 S
015 C011949 WINDHOEK
015 D011949 NAMIBIA
015 E041949 X
015 A001950 ABN-AMRO BANK N.V.
015 B001950 S
015 C011950 AMSTERDAM
015 D011950 NETHERLANDS
015 E041950 X
015 A001951 NATIONAL NOMINEES LIMITED
015 B001951 S
015 C011951 AUCKLAND
015 D011951 NEW ZEALAND
015 E041951 X
015 A001952 DEN NORSKE BANK
015 B001952 S
<PAGE> PAGE 140
015 C011952 OSLO
015 D011952 NORWAY
015 E041952 X
015 A001953 HSBC BANK MIDDLE EAST
015 B001953 S
015 C011953 MUSCAT
015 D011953 OMAN
015 E041953 X
015 A001954 CITIBANK, N.A.
015 B001954 S
015 C011954 KARACHI
015 D011954 PAKISTAN
015 E041954 X
015 A001955 CITIBANK, N.A.
015 B001955 S
015 C011955 LIMA
015 D011955 PERU
015 E041955 X
015 A001956 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001956 S
015 C011956 MANILA
015 D011956 PHILIPPINES
015 E041956 X
015 A001957 BANK HANDLOWY W. WARZAWIE, S.A.
015 B001957 S
015 C011957 WARSAW
015 D011957 POLAND
015 E041957 X
015 A001958 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA
015 B001958 S
015 C011958 LISBON
015 D011958 PORTUGAL
015 E041958 X
015 A001959 ING BANK N.V., BUCHAREST BRANCH
015 B001959 S
015 C011959 BUCHAREST
015 D011959 ROMANIA
015 E041959 X
015 A001960 THE CHASE MANHATTAN BANK
015 B001960 S
015 C011960 MOSCOW
015 D011960 RUSSIA
015 E041960 X
015 A001961 STANDARD CHARTERED BANK, PLC, SINGAPORE
015 B001961 S
015 C011961 SINGAPORE
015 D011961 SINGAPORE
015 E041961 X
015 A001962 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B001962 S
015 C011962 BRATISLAVA
<PAGE> PAGE 141
015 D011962 SLOVAK REPUBLIC
015 E041962 X
015 A001963 BANK AUSTRIA D.D. LJUBLJANA
015 B001963 S
015 C011963 LJUBLIJANA
015 D011963 SLOVENIA
015 E041963 X
015 A001964 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B001964 S
015 C011964 JOHANNESBURG
015 D011964 SOUTH AFRICA
015 E041964 X
015 A001965 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001965 S
015 C011965 SEOUL
015 D011965 SOUTH KOREA
015 E041965 X
015 A001966 THE CHASE MANHATTAN BANK
015 B001966 S
015 C011966 MADRID
015 D011966 SPAIN
015 E041966 X
015 A001967 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B001967 S
015 C011967 COLOMBO
015 D011967 SRI LANKA
015 E041967 X
015 A001968 SKANDINAVISKA ENSKILDA BANKEN
015 B001968 S
015 C011968 STOCKHOLM
015 D011968 SWEDEN
015 E041968 X
015 A001969 UBS AG
015 B001969 S
015 C011969 ZURICH
015 D011969 SWITZERLAND
015 E041969 X
015 A001970 THE CHASE MANHATTAN BANK
015 B001970 S
015 C011970 TAIPEI
015 D011970 TAIWAN
015 E041970 X
015 A001971 THE CHASE MANHATTAN BANK
015 B001971 S
015 C011971 BANGKOK
015 D011971 THAILAND
015 E041971 X
015 A001972 THE CHASE MANHATTAN BANK
015 B001972 S
015 C011972 ISTANBUL
015 D011972 TURKEY
<PAGE> PAGE 142
015 E041972 X
015 A001973 THE CHASE MANHATTAN BANK
015 B001973 S
015 C011973 LONDON
015 D011973 UNITED KINGDOM
015 E041973 X
015 A001974 THE CHASE MANHATTAN BANK
015 B001974 C
015 C011974 NEW YORK
015 C021974 NY
015 C031974 10286
015 E011974 X
015 A001975 BANKBOSTON, N.A.
015 B001975 S
015 C011975 MONTEVIDEO
015 D011975 URUGUAY
015 E041975 X
015 A001976 CITIBANK, N.A.
015 B001976 S
015 C011976 CARACAS
015 D011976 VENEZUELA
015 E041976 X
015 A001977 BARCLAYS BANK OF ZAMBIA LTD.
015 B001977 S
015 C011977 LUSAKA
015 D011977 ZAMBIA
015 E041977 X
015 A001978 BARCLAYS BANK OF ZIMBABWE LTD.
015 B001978 S
015 C011978 HARARE
015 D011978 ZIMBABWE
015 E041978 X
024 001900 N
025 D001901 0
025 D001902 0
025 D001903 0
025 D001904 0
025 D001905 0
025 D001906 0
025 D001907 0
025 D001908 0
028 A011900 5674
028 A021900 3410
028 A031900 0
028 A041900 9975
028 B011900 6181
028 B021900 0
028 B031900 0
028 B041900 11644
028 C011900 5667
028 C021900 0
<PAGE> PAGE 143
028 C031900 0
028 C041900 10322
028 D011900 8297
028 D021900 0
028 D031900 0
028 D041900 10290
028 E011900 9227
028 E021900 0
028 E031900 0
028 E041900 12600
028 F011900 8809
028 F021900 0
028 F031900 0
028 F041900 11032
028 G011900 43855
028 G021900 3410
028 G031900 0
028 G041900 65863
028 H001900 0
037 001900 N
038 001900 0
039 001900 N
040 001900 Y
041 001900 Y
042 A001900 0
042 B001900 0
042 C001900 100
042 D001900 0
042 E001900 0
042 F001900 0
042 G001900 0
042 H001900 0
043 001900 1
044 001900 0
045 001900 Y
046 001900 N
047 001900 Y
048 001900 1.250
048 A011900 0
048 A021900 0.000
048 B011900 0
048 B021900 0.000
048 C011900 0
048 C021900 0.000
048 D011900 0
048 D021900 0.000
048 E011900 0
048 E021900 0.000
048 F011900 0
048 F021900 0.000
048 G011900 0
<PAGE> PAGE 144
048 G021900 0.000
048 H011900 0
048 H021900 0.000
048 I011900 0
048 I021900 0.000
048 J011900 0
048 J021900 0.000
048 K011900 0
048 K021900 0.000
049 001900 N
050 001900 N
051 001900 N
052 001900 N
053 A001900 N
055 A001900 N
055 B001900 N
056 001900 Y
057 001900 N
058 A001900 N
059 001900 Y
060 A001900 Y
060 B001900 Y
061 001900 5000
062 A001900 N
062 B001900 0.0
062 C001900 0.0
062 D001900 0.0
062 E001900 0.0
062 F001900 0.0
062 G001900 0.0
062 H001900 0.0
062 I001900 0.0
062 J001900 0.0
062 K001900 0.0
062 L001900 0.0
062 M001900 0.0
062 N001900 0.0
062 O001900 0.0
062 P001900 0.0
062 Q001900 0.0
062 R001900 0.0
063 A001900 0
063 B001900 0.0
066 A001900 Y
066 B001900 N
066 C001900 N
066 D001900 Y
066 E001900 N
066 F001900 N
066 G001900 N
067 001900 N
<PAGE> PAGE 145
068 A001900 N
068 B001900 Y
069 001900 N
070 A011900 Y
070 A021900 N
070 B011900 Y
070 B021900 N
070 C011900 Y
070 C021900 N
070 D011900 Y
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 Y
070 F021900 N
070 G011900 Y
070 G021900 N
070 H011900 Y
070 H021900 N
070 I011900 N
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 N
070 L011900 Y
070 L021900 Y
070 M011900 Y
070 M021900 Y
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
070 P011900 Y
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 N
070 R021900 N
071 A001900 53186
071 B001900 100367
071 C001900 167165
071 D001900 32
072 A001900 12
072 B001900 33
072 C001900 4068
072 D001900 0
072 E001900 0
072 F001900 2116
072 G001900 0
072 H001900 0
<PAGE> PAGE 146
072 I001900 0
072 J001900 203
072 K001900 3
072 L001900 7
072 M001900 1
072 N001900 0
072 O001900 0
072 P001900 0
072 Q001900 0
072 R001900 9
072 S001900 20
072 T001900 1
072 U001900 0
072 V001900 0
072 W001900 0
072 X001900 2360
072 Y001900 0
072 Z001900 1741
072AA001900 17521
072BB001900 52222
072CC011900 107020
072CC021900 0
072DD011900 3408
072DD021900 2
072EE001900 0
073 A011900 0.1710
073 A021900 0.1710
073 B001900 0.0000
073 C001900 0.0000
074 A001900 0
074 B001900 0
074 C001900 0
074 D001900 0
074 E001900 21709
074 F001900 166207
074 G001900 0
074 H001900 0
074 I001900 0
074 J001900 498
074 K001900 0
074 L001900 2782
074 M001900 0
074 N001900 191196
074 O001900 0
074 P001900 191
074 Q001900 0
074 R011900 0
074 R021900 0
074 R031900 0
074 R041900 1630
074 S001900 0
<PAGE> PAGE 147
074 T001900 189375
074 U011900 18016
074 U021900 33
074 V011900 10.49
074 V021900 10.46
074 W001900 0.0000
074 X001900 4
074 Y001900 0
075 A001900 0
075 B001900 169282
076 001900 0.00
008 A002001 TEMPLETON GLOBAL ADVISORS LIMITED
008 B002001 A
008 C002001 801-42343
008 D012001 NASSAU
008 D052001 BAHAMAS
015 A002001 THE CHASE MANHATTAN BANK
015 B002001 S
015 C012001 BUENOS AIRES
015 D012001 ARGENTINA
015 E042001 X
015 A002002 THE CHASE MANHATTAN BANK
015 B002002 S
015 C012002 SYDNEY
015 D012002 AUSTRALIA
015 E042002 X
015 A002003 BANK AUSTRIA AG
015 B002003 S
015 C012003 VIENNA
015 D012003 AUSTRIA
015 E042003 X
015 A002004 HSBC BANK MIDDLE EAST
015 B002004 S
015 C012004 MANAMA
015 D012004 BAHRAIN
015 E042004 X
015 A002005 STANDARD CHARTERED BANK PLC
015 B002005 S
015 C012005 DHAKA
015 D012005 BANGLADESH
015 E042005 X
015 A002006 FORTIS BANK S.A.
015 B002006 S
015 C012006 BRUSSELS
015 D012006 BELGIUM
015 E042006 X
015 A002007 THE BANK OF BERMUDA LIMITED
015 B002007 S
015 C012007 HAMILTON
015 D012007 BERMUDA
015 E042007 X
<PAGE> PAGE 148
015 A002008 BARCLAYS BANK OF BOTSWANA LIMITED
015 B002008 S
015 C012008 GABORONE
015 D012008 BOTSWANA
015 E042008 X
015 A002009 CITIBANK, N.A., SAO PAULO
015 B002009 S
015 C012009 SAO PAULO
015 D012009 BRAZIL
015 E042009 X
015 A002010 CANADIAN IMPERIAL BANK OF COMMERCE
015 B002010 S
015 C012010 TORONTO
015 D012010 CANADA
015 E042010 X
015 A002011 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002011 S
015 C012011 SHANGHAI
015 D012011 CHINA
015 E042011 X
015 A002012 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002012 S
015 C012012 SHENZHEN
015 D012012 CHINA
015 E042012 X
015 A002013 PRIVREDNA BANKA ZAGREB D.D.
015 B002013 S
015 C012013 ZAGREB
015 D012013 CROATIA
015 E042013 X
015 A002014 CYPRUS POPULAR BANK
015 B002014 S
015 C012014 CYPRUS
015 D012014 CYPRUS
015 E042014 X
015 A002015 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B002015 S
015 C012015 PRAGUE
015 D012015 CZECH REPUBLIC
015 E042015 X
015 A002016 DEN DANSKE BANK
015 B002016 S
015 C012016 COPENHAGEN
015 D012016 DENMARK
015 E042016 X
015 A002017 CITIBANK, N.A., QUITO
015 B002017 S
015 C012017 QUITO
015 D012017 ECUADOR
015 E042017 X
015 A002018 CITIBANK, N.A.
<PAGE> PAGE 149
015 B002018 S
015 C012018 CAIRO
015 D012018 EGYPT
015 E042018 X
015 A002019 BANK ONE N.A.
015 B002019 S
015 C012019 LONDON
015 D012019 UNITED KINGDOM
015 E042019 X
015 A002020 CEDEL
015 B002020 S
015 C012020 LUXEMBOURG CITY
015 D012020 EUROMARKET
015 E042020 X
015 A002021 EUROCLEAR
015 B002021 S
015 C012021 BRUSSELS
015 D012021 EUROMARKET
015 E042021 X
015 A002022 MERITA BANK LTD.
015 B002022 S
015 C012022 HELSINKI
015 D012022 FINLAND
015 E042022 X
015 A002023 PARIBAS
015 B002023 S
015 C012023 PARIS
015 D012023 FRANCE
015 E042023 X
015 A002024 DRESDNER BANK AG
015 B002024 S
015 C012024 FRANKFURT
015 D012024 GERMANY
015 E042024 X
015 A002025 BARCLAYS BANK OF GHANA LTD.
015 B002025 S
015 C012025 ACCRA
015 D012025 GHANA
015 E042025 X
015 A002026 BARCLAYS BANK PLC
015 B002026 S
015 C012026 ATHENS
015 D012026 GREECE
015 E042026 X
015 A002027 THE CHASE MANHATTAN BANK
015 B002027 S
015 C012027 HONG KONG
015 D012027 HONG KONG
015 E042027 X
015 A002028 CITIBANK BUDAPEST RT.
015 B002028 S
<PAGE> PAGE 150
015 C012028 BUDAPEST
015 D012028 HUNGARY
015 E042028 X
015 A002029 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002029 S
015 C012029 MUMBAI
015 D012029 INDIA
015 E042029 X
015 A002030 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002030 S
015 C012030 JAKARTA
015 D012030 INDONESIA
015 E042030 X
015 A002031 BANK OF IRELAND
015 B002031 S
015 C012031 DUBLIN
015 D012031 IRELAND
015 E042031 X
015 A002032 BANK LEUMI LE-ISRAEL B.M.
015 B002032 S
015 C012032 TEL AVIV
015 D012032 ISRAEL
015 E042032 X
015 A002033 PARIBAS
015 B002033 S
015 C012033 MILAN
015 D012033 ITALY
015 E042033 X
015 A002034 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B002034 S
015 C012034 ABIDJAN
015 D012034 IVORY COAST
015 E042034 X
015 A002035 THE FUJI BANK LIMITED
015 B002035 S
015 C012035 TOKYO
015 D012035 JAPAN
015 E042035 X
015 A002036 BARCLAYS BANK OF KENYA LTD., NAIROBI
015 B002036 S
015 C012036 NAIROBI
015 D012036 KENYA
015 E042036 X
015 A002037 HSBC BANK MIDDLE EAST
015 B002037 S
015 C012037 BEIRUT
015 D012037 LEBANON
015 E042037 X
015 A002038 BANQUE GENERALE DU LUXEMBOURG S.A.
015 B002038 S
015 C012038 LUXEMBOURG CITY
<PAGE> PAGE 151
015 D012038 LUXEMBOURG
015 E042038 X
015 A002039 THE CHASE MANHATTAN BANK
015 B002039 S
015 C012039 KUALA LUMPUR
015 D012039 MALAYSIA
015 E042039 X
015 A002040 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002040 S
015 C012040 PORT LOUIS
015 D012040 MAURITIUS
015 E042040 X
015 A002041 CHASE MANHATTAN BANK MEXICO, S.A.
015 B002041 S
015 C012041 MEXICO CITY
015 D012041 MEXICO
015 E042041 X
015 A002042 BANQUE COMMERCIALE DU MAROC
015 B002042 S
015 C012042 CASABLANCA
015 D012042 MOROCCO
015 E042042 X
015 A002043 STANDARD BANK NAMIBIA LTD.
015 B002043 S
015 C012043 WINDHOEK
015 D012043 NAMIBIA
015 E042043 X
015 A002044 ABN-AMRO BANK N.V.
015 B002044 S
015 C012044 AMSTERDAM
015 D012044 NETHERLANDS
015 E042044 X
015 A002045 NATIONAL NOMINEES LIMITED
015 B002045 S
015 C012045 AUCKLAND
015 D012045 NEW ZEALAND
015 E042045 X
015 A002046 DEN NORSKE BANK
015 B002046 S
015 C012046 OSLO
015 D012046 NORWAY
015 E042046 X
015 A002047 HSBC BANK MIDDLE EAST
015 B002047 S
015 C012047 MUSCAT
015 D012047 OMAN
015 E042047 X
015 A002048 CITIBANK, N.A.
015 B002048 S
015 C012048 KARACHI
015 D012048 PAKISTAN
<PAGE> PAGE 152
015 E042048 X
015 A002049 CITIBANK, N.A.
015 B002049 S
015 C012049 LIMA
015 D012049 PERU
015 E042049 X
015 A002050 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002050 S
015 C012050 MANILA
015 D012050 PHILIPPINES
015 E042050 X
015 A002051 BANK HANDLOWY W. WARZAWIE, S.A.
015 B002051 S
015 C012051 WARSAW
015 D012051 POLAND
015 E042051 X
015 A002052 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA
015 B002052 S
015 C012052 LISBON
015 D012052 PORTUGAL
015 E042052 X
015 A002053 ING BANK N.V., BUCHAREST BRANCH
015 B002053 S
015 C012053 BUCHAREST
015 D012053 ROMANIA
015 E042053 X
015 A002054 THE CHASE MANHATTAN BANK
015 B002054 S
015 C012054 MOSCOW
015 D012054 RUSSIA
015 E042054 X
015 A002055 STANDARD CHARTERED BANK, PLC, SINGAPORE
015 B002055 S
015 C012055 SINGAPORE
015 D012055 SINGAPORE
015 E042055 X
015 A002056 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B002056 S
015 C012056 BRATISLAVA
015 D012056 SLOVAK REPUBLIC
015 E042056 X
015 A002057 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B002057 S
015 C012057 JOHANNESBURG
015 D012057 SOUTH AFRICA
015 E042057 X
015 A002058 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002058 S
015 C012058 SEOUL
015 D012058 SOUTH KOREA
015 E042058 X
<PAGE> PAGE 153
015 A002059 THE CHASE MANHATTAN BANK
015 B002059 S
015 C012059 MADRID
015 D012059 SPAIN
015 E042059 X
015 A002060 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002060 S
015 C012060 COLOMBO
015 D012060 SRI LANKA
015 E042060 X
015 A002061 SKANDINAVISKA ENSKILDA BANKEN
015 B002061 S
015 C012061 STOCKHOLM
015 D012061 SWEDEN
015 E042061 X
015 A002062 UBS AG
015 B002062 S
015 C012062 ZURICH
015 D012062 SWITZERLAND
015 E042062 X
015 A002063 THE CHASE MANHATTAN BANK
015 B002063 S
015 C012063 BANGKOK
015 D012063 THAILAND
015 E042063 X
015 A002064 THE CHASE MANHATTAN BANK
015 B002064 S
015 C012064 ISTANBUL
015 D012064 TURKEY
015 E042064 X
015 A002065 THE CHASE MANHATTAN BANK
015 B002065 S
015 C012065 LONDON
015 D012065 UNITED KINGDOM
015 E042065 X
015 A002066 THE CHASE MANHATTAN BANK
015 B002066 C
015 C012066 NEW YORK
015 C022066 NY
015 C032066 10286
015 E012066 X
015 A002067 BANKBOSTON, N.A.
015 B002067 S
015 C012067 MONTEVIDEO
015 D012067 URUGUAY
015 E042067 X
015 A002068 CITIBANK, N.A.
015 B002068 S
015 C012068 CARACAS
015 D012068 VENEZUELA
015 E042068 X
<PAGE> PAGE 154
015 A002069 BARCLAYS BANK OF ZAMBIA LTD.
015 B002069 S
015 C012069 LUSAKA
015 D012069 ZAMBIA
015 E042069 X
015 A002070 BARCLAYS BANK OF ZIMBABWE LTD.
015 B002070 S
015 C012070 HARARE
015 D012070 ZIMBABWE
015 E042070 X
024 002000 N
025 D002001 0
025 D002002 0
025 D002003 0
025 D002004 0
025 D002005 0
025 D002006 0
025 D002007 0
025 D002008 0
028 A012000 8610
028 A022000 91545
028 A032000 0
028 A042000 18428
028 B012000 10310
028 B022000 0
028 B032000 0
028 B042000 26943
028 C012000 9826
028 C022000 0
028 C032000 0
028 C042000 19709
028 D012000 18173
028 D022000 0
028 D032000 0
028 D042000 23072
028 E012000 13766
028 E022000 0
028 E032000 0
028 E042000 27795
028 F012000 10494
028 F022000 0
028 F032000 0
028 F042000 29615
028 G012000 71179
028 G022000 91545
028 G032000 0
028 G042000 145562
028 H002000 0
037 002000 N
038 002000 0
039 002000 N
<PAGE> PAGE 155
040 002000 Y
041 002000 Y
042 A002000 0
042 B002000 0
042 C002000 100
042 D002000 0
042 E002000 0
042 F002000 0
042 G002000 0
042 H002000 0
043 002000 4
044 002000 0
045 002000 Y
046 002000 N
047 002000 Y
048 002000 0.000
048 A012000 100000
048 A022000 1.000
048 B012000 150000
048 B022000 0.900
048 C012000 250000
048 C022000 0.800
048 D012000 0
048 D022000 0.000
048 E012000 0
048 E022000 0.000
048 F012000 0
048 F022000 0.000
048 G012000 0
048 G022000 0.000
048 H012000 0
048 H022000 0.000
048 I012000 0
048 I022000 0.000
048 J012000 0
048 J022000 0.000
048 K012000 500000
048 K022000 0.750
049 002000 N
050 002000 N
051 002000 N
052 002000 N
053 A002000 N
055 A002000 N
055 B002000 N
056 002000 Y
057 002000 N
058 A002000 N
059 002000 Y
060 A002000 Y
060 B002000 Y
<PAGE> PAGE 156
061 002000 5000
062 A002000 N
062 B002000 0.0
062 C002000 0.0
062 D002000 0.0
062 E002000 0.0
062 F002000 0.0
062 G002000 0.0
062 H002000 0.0
062 I002000 0.0
062 J002000 0.0
062 K002000 0.0
062 L002000 0.0
062 M002000 0.0
062 N002000 0.0
062 O002000 0.0
062 P002000 0.0
062 Q002000 0.0
062 R002000 0.0
063 A002000 0
063 B002000 0.0
066 A002000 Y
066 B002000 N
066 C002000 N
066 D002000 Y
066 E002000 N
066 F002000 N
066 G002000 N
067 002000 N
068 A002000 N
068 B002000 Y
069 002000 N
070 A012000 Y
070 A022000 Y
070 B012000 Y
070 B022000 N
070 C012000 Y
070 C022000 N
070 D012000 Y
070 D022000 N
070 E012000 Y
070 E022000 N
070 F012000 Y
070 F022000 N
070 G012000 Y
070 G022000 N
070 H012000 Y
070 H022000 N
070 I012000 N
070 I022000 N
070 J012000 Y
<PAGE> PAGE 157
070 J022000 N
070 K012000 Y
070 K022000 N
070 L012000 Y
070 L022000 Y
070 M012000 Y
070 M022000 Y
070 N012000 Y
070 N022000 N
070 O012000 Y
070 O022000 N
070 P012000 Y
070 P022000 N
070 Q012000 N
070 Q022000 N
070 R012000 N
070 R022000 N
071 A002000 314057
071 B002000 458735
071 C002000 674798
071 D002000 47
072 A002000 12
072 B002000 1840
072 C002000 17650
072 D002000 0
072 E002000 0
072 F002000 5924
072 G002000 0
072 H002000 0
072 I002000 0
072 J002000 215
072 K002000 24
072 L002000 41
072 M002000 6
072 N002000 0
072 O002000 0
072 P002000 0
072 Q002000 0
072 R002000 19
072 S002000 12
072 T002000 4
072 U002000 0
072 V002000 0
072 W002000 4
072 X002000 6249
072 Y002000 0
072 Z002000 13241
072AA002000 131673
072BB002000 58679
072CC012000 47954
072CC022000 0
<PAGE> PAGE 158
072DD012000 15661
072DD022000 20
072EE002000 75864
073 A012000 0.3567
073 A022000 0.3567
073 B002000 1.7257
073 C002000 0.0000
074 A002000 1
074 B002000 34348
074 C002000 0
074 D002000 0
074 E002000 16977
074 F002000 660864
074 G002000 0
074 H002000 0
074 I002000 0
074 J002000 56
074 K002000 0
074 L002000 1608
074 M002000 0
074 N002000 713854
074 O002000 0
074 P002000 499
074 Q002000 0
074 R012000 0
074 R022000 0
074 R032000 0
074 R042000 562
074 S002000 0
074 T002000 712793
074 U012000 45322
074 U022000 287
074 V012000 15.63
074 V022000 15.60
074 W002000 0.0000
074 X002000 4
074 Y002000 0
075 A002000 0
075 B002000 709856
076 002000 0.00
008 A002101 TEMPLETON GLOBAL ADVISORS LIMITED
008 B002101 A
008 C002101 801-42343
008 D012101 NASSAU
008 D052101 BAHAMAS
008 A002102 TEMPLETON INVESTMENT COUNSEL, INC.
008 B002102 S
008 C002102 801-15125
008 D012102 FT. LAUDERDALE
008 D022102 FL
008 D032102 33394
<PAGE> PAGE 159
008 D042102 3091
015 A002101 THE CHASE MANHATTAN BANK
015 B002101 S
015 C012101 BUENOS AIRES
015 D012101 ARGENTINA
015 E042101 X
015 A002102 THE CHASE MANHATTAN BANK
015 B002102 S
015 C012102 SYDNEY
015 D012102 AUSTRALIA
015 E042102 X
015 A002103 HSBC BANK MIDDLE EAST
015 B002103 S
015 C012103 MANAMA
015 D012103 BAHRAIN
015 E042103 X
015 A002104 STANDARD CHARTERED BANK PLC
015 B002104 S
015 C012104 DHAKA
015 D012104 BANGLADESH
015 E042104 X
015 A002105 FORTIS BANK S.A.
015 B002105 S
015 C012105 BRUSSELS
015 D012105 BELGIUM
015 E042105 X
015 A002106 THE BANK OF BERMUDA LIMITED
015 B002106 S
015 C012106 HAMILTON
015 D012106 BERMUDA
015 E042106 X
015 A002107 BARCLAYS BANK OF BOTSWANA LIMITED
015 B002107 S
015 C012107 GABORONE
015 D012107 BOTSWANA
015 E042107 X
015 A002108 CITIBANK, N.A., SAO PAULO
015 B002108 S
015 C012108 SAO PAULO
015 D012108 BRAZIL
015 E042108 X
015 A002109 CANADIAN IMPERIAL BANK OF COMMERCE
015 B002109 S
015 C012109 TORONTO
015 D012109 CANADA
015 E042109 X
015 A002110 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002110 S
015 C012110 SHANGHAI
015 D012110 CHINA
015 E042110 X
<PAGE> PAGE 160
015 A002111 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002111 S
015 C012111 SHENZHEN
015 D012111 CHINA
015 E042111 X
015 A002112 PRIVREDNA BANKA ZAGREB D.D.
015 B002112 S
015 C012112 ZAGREB
015 D012112 CROATIA
015 E042112 X
015 A002113 CYPRUS POPULAR BANK
015 B002113 S
015 C012113 CYPRUS
015 D012113 CYPRUS
015 E042113 X
015 A002114 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B002114 S
015 C012114 PRAGUE
015 D012114 CZECH REPUBLIC
015 E042114 X
015 A002115 DEN DANSKE BANK
015 B002115 S
015 C012115 COPENHAGEN
015 D012115 DENMARK
015 E042115 X
015 A002116 CITIBANK, N.A., QUITO
015 B002116 S
015 C012116 QUITO
015 D012116 ECUADOR
015 E042116 X
015 A002117 CITIBANK, N.A.
015 B002117 S
015 C012117 CAIRO
015 D012117 EGYPT
015 E042117 X
015 A002118 BANK ONE N.A.
015 B002118 S
015 C012118 LONDON
015 D012118 UNITED KINGDOM
015 E042118 X
015 A002119 CEDEL
015 B002119 S
015 C012119 LUXEMBOURG CITY
015 D012119 EUROMARKET
015 E042119 X
015 A002120 EUROCLEAR
015 B002120 S
015 C012120 BRUSSELS
015 D012120 EUROMARKET
015 E042120 X
015 A002121 MERITA BANK LTD.
<PAGE> PAGE 161
015 B002121 S
015 C012121 HELSINKI
015 D012121 FINLAND
015 E042121 X
015 A002122 PARIBAS
015 B002122 S
015 C012122 PARIS
015 D012122 FRANCE
015 E042122 X
015 A002123 DRESDNER BANK AG
015 B002123 S
015 C012123 FRANKFURT
015 D012123 GERMANY
015 E042123 X
015 A002124 BARCLAYS BANK OF GHANA LTD.
015 B002124 S
015 C012124 ACCRA
015 D012124 GHANA
015 E042124 X
015 A002125 BARCLAYS BANK PLC
015 B002125 S
015 C012125 ATHENS
015 D012125 GREECE
015 E042125 X
015 A002126 THE CHASE MANHATTAN BANK
015 B002126 S
015 C012126 HONG KONG
015 D012126 HONG KONG
015 E042126 X
015 A002127 CITIBANK BUDAPEST RT.
015 B002127 S
015 C012127 BUDAPEST
015 D012127 HUNGARY
015 E042127 X
015 A002128 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002128 S
015 C012128 MUMBAI
015 D012128 INDIA
015 E042128 X
015 A002129 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002129 S
015 C012129 JAKARTA
015 D012129 INDONESIA
015 E042129 X
015 A002130 BANK OF IRELAND
015 B002130 S
015 C012130 DUBLIN
015 D012130 IRELAND
015 E042130 X
015 A002131 BANK LEUMI LE-ISRAEL B.M.
015 B002131 S
<PAGE> PAGE 162
015 C012131 TEL AVIV
015 D012131 ISRAEL
015 E042131 X
015 A002132 PARIBAS
015 B002132 S
015 C012132 MILAN
015 D012132 ITALY
015 E042132 X
015 A002133 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B002133 S
015 C012133 ABIDJAN
015 D012133 IVORY COAST
015 E042133 X
015 A002134 THE FUJI BANK LIMITED
015 B002134 S
015 C012134 TOKYO
015 D012134 JAPAN
015 E042134 X
015 A002135 BARCLAYS BANK OF KENYA LTD., NAIROBI
015 B002135 S
015 C012135 NAIROBI
015 D012135 KENYA
015 E042135 X
015 A002136 HSBC BANK MIDDLE EAST
015 B002136 S
015 C012136 BEIRUT
015 D012136 LEBANON
015 E042136 X
015 A002137 BANQUE GENERALE DU LUXEMBOURG S.A.
015 B002137 S
015 C012137 LUXEMBOURG CITY
015 D012137 LUXEMBOURG
015 E042137 X
015 A002138 THE CHASE MANHATTAN BANK, (M) BERHAD
015 B002138 S
015 C012138 KUALA LUMPUR
015 D012138 MALAYSIA
015 E042138 X
015 A002139 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002139 S
015 C012139 PORT LOUIS
015 D012139 MAURITIUS
015 E042139 X
015 A002140 CHASE MANHATTAN BANK MEXICO, S.A.
015 B002140 S
015 C012140 MEXICO CITY
015 D012140 MEXICO
015 E042140 X
015 A002141 BANQUE COMMERCIALE DU MAROC
015 B002141 S
015 C012141 CASABLANCA
<PAGE> PAGE 163
015 D012141 MOROCCO
015 E042141 X
015 A002142 STANDARD BANK NAMIBIA LTD.
015 B002142 S
015 C012142 WINDHOEK
015 D012142 NAMIBIA
015 E042142 X
015 A002143 ABN-AMRO BANK N.V.
015 B002143 S
015 C012143 AMSTERDAM
015 D012143 NETHERLANDS
015 E042143 X
015 A002144 NATIONAL NOMINEES LIMITED
015 B002144 S
015 C012144 AUCKLAND
015 D012144 NEW ZEALAND
015 E042144 X
015 A002145 DEN NORSKE BANK
015 B002145 S
015 C012145 OSLO
015 D012145 NORWAY
015 E042145 X
015 A002146 HSBC BANK MIDDLE EAST
015 B002146 S
015 C012146 MUSCAT
015 D012146 OMAN
015 E042146 X
015 A002147 DEUTSCHE BANK, A.G., KARACHI
015 B002147 S
015 C012147 KARACHI
015 D012147 PAKISTAN
015 E042147 X
015 A002148 CITIBANK, N.A.
015 B002148 S
015 C012148 LIMA
015 D012148 PERU
015 E042148 X
015 A002149 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002149 S
015 C012149 MANILA
015 D012149 PHILIPPINES
015 E042149 X
015 A002150 BANK HANDLOWY W. WARZAWIE, S.A.
015 B002150 S
015 C012150 WARSAW
015 D012150 POLAND
015 E042150 X
015 A002151 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA
015 B002151 S
015 C012151 LISBON
015 D012151 PORTUGAL
<PAGE> PAGE 164
015 E042151 X
015 A002152 ING BANK N.V., BUCHAREST BRANCH
015 B002152 S
015 C012152 BUCHAREST
015 D012152 ROMANIA
015 E042152 X
015 A002153 THE CHASE MANHATTAN BANK
015 B002153 S
015 C012153 MOSCOW
015 D012153 RUSSIA
015 E042153 X
015 A002154 STANDARD CHARTERED BANK, PLC, SINGAPORE
015 B002154 S
015 C012154 SINGAPORE
015 D012154 SINGAPORE
015 E042154 X
015 A002155 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B002155 S
015 C012155 BRATISLAVA
015 D012155 SLOVAK REPUBLIC
015 E042155 X
015 A002156 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B002156 S
015 C012156 JOHANNESBURG
015 D012156 SOUTH AFRICA
015 E042156 X
015 A002157 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002157 S
015 C012157 SEOUL
015 D012157 SOUTH KOREA
015 E042157 X
015 A002158 THE CHASE MANHATTAN BANK, C.M.B., S.A.
015 B002158 S
015 C012158 MADRID
015 D012158 SPAIN
015 E042158 X
015 A002159 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002159 S
015 C012159 COLOMBO
015 D012159 SIR LANKA
015 E042159 X
015 A002160 SKANDINAVISKA ENSKILDA BANKEN
015 B002160 S
015 C012160 STOCKHOLM
015 D012160 SWEDEN
015 E042160 X
015 A002161 UBS AG
015 B002161 S
015 C012161 ZURICH
015 D012161 SWITZERLAND
015 E042161 X
<PAGE> PAGE 165
015 A002162 THE CHASE MANHATTAN BANK
015 B002162 S
015 C012162 BANGKOK
015 D012162 THAILAND
015 E042162 X
015 A002163 THE CHASE MANHATTAN BANK
015 B002163 S
015 C012163 ISTANBUL
015 D012163 TURKEY
015 E042163 X
015 A002164 THE CHASE MANHATTAN BANK
015 B002164 S
015 C012164 LONDON
015 D012164 UNITED KINGDOM
015 E042164 X
015 A002165 THE CHASE MANHATTAN BANK
015 B002165 C
015 C012165 NEW YORK
015 C022165 NY
015 C032165 10286
015 E012165 X
015 A002166 BANKBOSTON, N.A.
015 B002166 S
015 C012166 MONTEVIDEO
015 D012166 URUGUAY
015 E042166 X
015 A002167 CITIBANK, N.A.
015 B002167 S
015 C012167 CARACAS
015 D012167 VENEZUELA
015 E042167 X
015 A002168 BARCLAYS BANK OF ZAMBIA LTD.
015 B002168 S
015 C012168 LUSAKA
015 D012168 ZAMBIA
015 E042168 X
015 A002169 BARCLAYS BANK OF ZIMBABWE LTD.
015 B002169 S
015 C012169 HARARE
015 D012169 ZIMBABWE
015 E042169 X
015 A002170 BANK AUSTRIA AG
015 B002170 S
015 C012170 VIENNA
015 D012170 AUSTRIA
015 E042170 X
024 002100 N
028 A012100 279
028 A022100 7724
028 A032100 0
028 A042100 1991
<PAGE> PAGE 166
028 B012100 279
028 B022100 0
028 B032100 0
028 B042100 1842
028 C012100 646
028 C022100 0
028 C032100 0
028 C042100 1350
028 D012100 182
028 D022100 0
028 D032100 0
028 D042100 1863
028 E012100 928
028 E022100 0
028 E032100 0
028 E042100 3004
028 F012100 473
028 F022100 1503
028 F032100 0
028 F042100 2921
028 G012100 2787
028 G022100 9227
028 G032100 0
028 G042100 12971
028 H002100 0
037 002100 N
038 002100 0
039 002100 N
040 002100 Y
041 002100 Y
042 A002100 0
042 B002100 0
042 C002100 100
042 D002100 0
042 E002100 0
042 F002100 0
042 G002100 0
042 H002100 0
043 002100 0
044 002100 0
045 002100 Y
046 002100 N
047 002100 Y
048 002100 0.000
048 A012100 200000
048 A022100 0.650
048 B012100 1100000
048 B022100 0.585
048 C012100 0
048 C022100 0.000
048 D012100 0
<PAGE> PAGE 167
048 D022100 0.000
048 E012100 0
048 E022100 0.000
048 F012100 0
048 F022100 0.000
048 G012100 0
048 G022100 0.000
048 H012100 0
048 H022100 0.000
048 I012100 0
048 I022100 0.000
048 J012100 0
048 J022100 0.000
048 K012100 1300000
048 K022100 0.520
049 002100 N
050 002100 N
051 002100 N
052 002100 N
053 A002100 N
055 A002100 N
055 B002100 N
056 002100 Y
057 002100 N
058 A002100 N
059 002100 Y
060 A002100 Y
060 B002100 Y
061 002100 5000
062 A002100 N
062 B002100 0.0
062 C002100 0.0
062 D002100 0.0
062 E002100 0.0
062 F002100 0.0
062 G002100 0.0
062 H002100 0.0
062 I002100 0.0
062 J002100 0.0
062 K002100 0.0
062 L002100 0.0
062 M002100 0.0
062 N002100 0.0
062 O002100 0.0
062 P002100 0.0
062 Q002100 0.0
062 R002100 0.0
063 A002100 0
063 B002100 0.0
066 A002100 Y
066 B002100 N
<PAGE> PAGE 168
066 C002100 N
066 D002100 N
066 E002100 Y
066 F002100 N
066 G002100 N
067 002100 Y
068 A002100 N
068 B002100 Y
069 002100 N
070 A012100 Y
070 A022100 Y
070 B012100 Y
070 B022100 N
070 C012100 Y
070 C022100 N
070 D012100 Y
070 D022100 N
070 E012100 Y
070 E022100 N
070 F012100 Y
070 F022100 N
070 G012100 Y
070 G022100 N
070 H012100 Y
070 H022100 N
070 I012100 N
070 I022100 N
070 J012100 Y
070 J022100 Y
070 K012100 Y
070 K022100 N
070 L012100 Y
070 L022100 Y
070 M012100 Y
070 M022100 Y
070 N012100 Y
070 N022100 N
070 O012100 Y
070 O022100 N
070 P012100 Y
070 P022100 N
070 Q012100 N
070 Q022100 N
070 R012100 N
070 R022100 N
071 A002100 23733
071 B002100 42897
071 C002100 65782
071 D002100 36
072 A002100 12
072 B002100 1474
<PAGE> PAGE 169
072 C002100 1321
072 D002100 0
072 E002100 0
072 F002100 451
072 G002100 104
072 H002100 0
072 I002100 0
072 J002100 0
072 K002100 4
072 L002100 3
072 M002100 0
072 N002100 0
072 O002100 0
072 P002100 0
072 Q002100 0
072 R002100 3
072 S002100 1
072 T002100 0
072 U002100 0
072 V002100 0
072 W002100 0
072 X002100 566
072 Y002100 0
072 Z002100 2229
072AA002100 5697
072BB002100 6706
072CC012100 3381
072CC022100 0
072DD012100 4646
072DD022100 3
072EE002100 4579
073 A012100 0.9000
073 A022100 0.8800
073 B002100 0.8800
073 C002100 0.0000
074 A002100 1
074 B002100 2100
074 C002100 0
074 D002100 14882
074 E002100 2325
074 F002100 42029
074 G002100 0
074 H002100 0
074 I002100 0
074 J002100 185
074 K002100 0
074 L002100 490
074 M002100 0
074 N002100 62012
074 O002100 0
074 P002100 43
<PAGE> PAGE 170
074 Q002100 0
074 R012100 0
074 R022100 0
074 R032100 0
074 R042100 329
074 S002100 0
074 T002100 61640
074 U012100 5215
074 U022100 4
074 V012100 11.81
074 V022100 11.79
074 W002100 0.0000
074 X002100 2
074 Y002100 0
075 A002100 0
075 B002100 69307
076 002100 0.00
008 A002201 FRANKLIN ADVISERS, INC.
008 B002201 A
008 C002201 801-26292
008 D012201 SAN MATEO
008 D022201 CA
008 D032201 94404
008 D042201 1585
015 A002201 BANKBOSTON, N.A.
015 B002201 S
015 C012201 BUENOS AIRES
015 D012201 ARGENTINA
015 E042201 X
015 A002202 NATIONAL AUSTRALIA BANK LIMITED
015 B002202 S
015 C012202 MELBOURNE
015 D012202 AUSTRALIA
015 E042202 X
015 A002203 BANK AUSTRIA AG
015 B002203 S
015 C012203 VIENNA
015 D012203 AUSTRIA
015 E042203 X
015 A002204 BANQUE BRUXELLES LAMBERT
015 B002204 S
015 C012204 BRUSSELS
015 D012204 BELGIUM
015 E042204 X
015 A002205 ROYAL BANK OF CANADA
015 B002205 S
015 C012205 MONTREAL
015 D012205 CANADA
015 E042205 X
015 A002206 DEN DANSKE BANK
015 B002206 S
<PAGE> PAGE 171
015 C012206 COPENHAGEN
015 D012206 DENMARK
015 E042206 X
015 A002207 BANK ONE N.A.
015 B002207 S
015 C012207 LONDON
015 D012207 UNITED KINGDOM
015 E042207 X
015 A002208 CEDEL
015 B002208 S
015 C012208 LUXEMBOURG CITY
015 D012208 EUROMARKET
015 E042208 X
015 A002209 EUROCLEAR
015 B002209 S
015 C012209 BRUSSELS
015 D012209 EUROMARKET
015 E042209 X
015 A002210 MERITA BANK PLC
015 B002210 S
015 C012210 HELSINKI
015 D012210 FINLAND
015 E042210 X
015 A002211 PARIBAS
015 B002211 S
015 C012211 PARIS
015 D012211 FRANCE
015 E042211 X
015 A002212 DRESDNER BANK AG
015 B002212 S
015 C012212 FRANKFURT/MAIN
015 D012212 GERMANY
015 E042212 X
015 A002213 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002213 S
015 C012213 HONG KONG
015 D012213 HONG KONG
015 E042213 X
015 A002214 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002214 S
015 C012214 JAKARTA
015 D012214 INDONESIA
015 E042214 X
015 A002215 ALLIED IRISH BANKS PLC
015 B002215 S
015 C012215 DUBLIN
015 D012215 IRELAND
015 E042215 X
015 A002216 BANK OF TOKYO MITSUBISHI
015 B002216 S
015 C012216 TOKYO
<PAGE> PAGE 172
015 D012216 JAPAN
015 E042216 X
015 A002217 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B002217 S
015 C012217 LUXEMBOURG CITY
015 D012217 LUXEMBOURG
015 E042217 X
015 A002218 HSBC BANK MALAYSIA BERHAD
015 B002218 S
015 C012218 KUALA LUMPUR
015 D012218 MALAYSIA
015 E042218 X
015 A002219 BANCO NACIONAL DE MEXICO
015 B002219 S
015 C012219 MEXICO CITY
015 D012219 MEXICO
015 E042219 X
015 A002220 MEESPIERSON
015 B002220 S
015 C012220 AMSTERDAM
015 D012220 NETHERLANDS
015 E042220 X
015 A002221 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B002221 S
015 C012221 WELLINGTON
015 D012221 NEW ZEALAND
015 E042221 X
015 A002222 STANDARD CHARTERED BANK
015 B002222 S
015 C012222 KARACHI
015 D012222 PAKISTAN
015 E042222 X
015 A002223 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002223 S
015 C012223 PASIG CITY MANILA
015 D012223 PHILIPPINES
015 E042223 X
015 A002224 BANCO COMERCIAL PORTUGUES, S.A.
015 B002224 S
015 C012224 LISBON
015 D012224 PORTUGAL
015 E042224 X
015 A002225 UNITED OVERSEAS BANK LIMITED
015 B002225 S
015 C012225 SINGAPORE
015 D012225 SINGAPORE
015 E042225 X
015 A002226 STANDARD CORPORATE AND MERCHANT BANK
015 B002226 S
015 C012226 JOHANNESBURG
015 D012226 SOUTH AFRICA
<PAGE> PAGE 173
015 E042226 X
015 A002227 BANCO BILBAO VIZCAYA
015 B002227 S
015 C012227 MADRID
015 D012227 SPAIN
015 E042227 X
015 A002228 STANDARD CHARTERED BANK
015 B002228 S
015 C012228 COLOMBO
015 D012228 SRI LANKA
015 E042228 X
015 A002229 SKANDINAVISKA ENSKILDA BANKEN
015 B002229 S
015 C012229 STOCKHOLM
015 D012229 SWEDEN
015 E042229 X
015 A002230 UBS AG
015 B002230 S
015 C012230 ZURICH
015 D012230 SWITZERLAND
015 E042230 X
015 A002231 STANDARD CHARTERED BANK
015 B002231 S
015 C012231 BANGKOK
015 D012231 THAILAND
015 E042231 X
015 A002232 OSMANLI BANKASI A.S.
015 B002232 S
015 C012232 ISTANBUL
015 D012232 TURKEY
015 E042232 X
015 A002233 THE BANK OF NEW YORK
015 B002233 S
015 C012233 LONDON
015 D012233 UNITED KINGDOM
015 E042233 X
015 A002234 THE BANK OF NEW YORK
015 B002234 C
015 C012234 NEW YORK
015 C022234 NY
015 C032234 10286
015 E012234 X
015 A002235 STANBIC BANK ZAMBIA LIMITED
015 B002235 S
015 C012235 LUSAKA
015 D012235 ZAMBIA
015 E042235 X
015 A002236 STANBIC BANK ZIMBABWE LIMITED
015 B002236 S
015 C012236 HARARE
015 D012236 ZIMBABWE
<PAGE> PAGE 174
015 E042236 X
024 002200 N
028 A012200 12341
028 A022200 1702
028 A032200 0
028 A042200 7629
028 B012200 6933
028 B022200 0
028 B032200 0
028 B042200 24256
028 C012200 7986
028 C022200 0
028 C032200 0
028 C042200 8620
028 D012200 10604
028 D022200 0
028 D032200 0
028 D042200 8690
028 E012200 17265
028 E022200 0
028 E032200 0
028 E042200 9657
028 F012200 12473
028 F022200 0
028 F032200 0
028 F042200 12970
028 G012200 67602
028 G022200 1702
028 G032200 0
028 G042200 71822
028 H002200 0
037 002200 N
038 002200 0
039 002200 N
040 002200 Y
041 002200 Y
042 A002200 0
042 B002200 0
042 C002200 100
042 D002200 0
042 E002200 0
042 F002200 0
042 G002200 0
042 H002200 0
043 002200 2
044 002200 0
045 002200 Y
046 002200 N
047 002200 Y
048 002200 0.000
048 A012200 500000
<PAGE> PAGE 175
048 A022200 0.750
048 B012200 500000
048 B022200 0.625
048 C012200 0
048 C022200 0.000
048 D012200 0
048 D022200 0.000
048 E012200 0
048 E022200 0.000
048 F012200 0
048 F022200 0.000
048 G012200 0
048 G022200 0.000
048 H012200 0
048 H022200 0.000
048 I012200 0
048 I022200 0.000
048 J012200 0
048 J022200 0.000
048 K012200 1000000
048 K022200 0.500
049 002200 N
050 002200 N
051 002200 N
052 002200 N
053 A002200 N
055 A002200 N
055 B002200 N
056 002200 N
057 002200 N
058 A002200 N
059 002200 Y
060 A002200 Y
060 B002200 Y
061 002200 5000
062 A002200 N
062 B002200 0.0
062 C002200 0.0
062 D002200 0.0
062 E002200 0.0
062 F002200 0.0
062 G002200 0.0
062 H002200 0.0
062 I002200 0.0
062 J002200 0.0
062 K002200 0.0
062 L002200 0.0
062 M002200 0.0
062 N002200 0.0
062 O002200 0.0
062 P002200 0.0
<PAGE> PAGE 176
062 Q002200 0.0
062 R002200 0.0
063 A002200 0
063 B002200 0.0
066 A002200 Y
066 B002200 N
066 C002200 N
066 D002200 Y
066 E002200 N
066 F002200 N
066 G002200 N
067 002200 N
068 A002200 N
068 B002200 N
069 002200 N
070 A012200 Y
070 A022200 Y
070 B012200 Y
070 B022200 N
070 C012200 Y
070 C022200 N
070 D012200 Y
070 D022200 N
070 E012200 Y
070 E022200 N
070 F012200 Y
070 F022200 N
070 G012200 Y
070 G022200 N
070 H012200 Y
070 H022200 N
070 I012200 N
070 I022200 N
070 J012200 Y
070 J022200 N
070 K012200 N
070 K022200 N
070 L012200 Y
070 L022200 Y
070 M012200 Y
070 M022200 Y
070 N012200 Y
070 N022200 Y
070 O012200 Y
070 O022200 N
070 P012200 Y
070 P022200 Y
070 Q012200 Y
070 Q022200 N
070 R012200 N
070 R022200 N
<PAGE> PAGE 177
071 A002200 122118
071 B002200 192580
071 C002200 309214
071 D002200 39
072 A002200 12
072 B002200 850
072 C002200 1422
072 D002200 0
072 E002200 0
072 F002200 2375
072 G002200 0
072 H002200 0
072 I002200 0
072 J002200 3
072 K002200 9
072 L002200 17
072 M002200 3
072 N002200 0
072 O002200 0
072 P002200 0
072 Q002200 0
072 R002200 11
072 S002200 7
072 T002200 2
072 U002200 0
072 V002200 0
072 W002200 7
072 X002200 2434
072 Y002200 0
072 Z002200 -162
072AA002200 69862
072BB002200 33328
072CC012200 205812
072CC022200 0
072DD012200 1492
072DD022200 1
072EE002200 209
073 A012200 0.0800
073 A022200 0.0800
073 B002200 0.0100
073 C002200 0.0000
074 A002200 0
074 B002200 25402
074 C002200 0
074 D002200 0
074 E002200 785
074 F002200 465993
074 G002200 0
074 H002200 0
074 I002200 0
074 J002200 787
<PAGE> PAGE 178
074 K002200 0
074 L002200 2536
074 M002200 0
074 N002200 495503
074 O002200 381
074 P002200 280
074 Q002200 0
074 R012200 0
074 R022200 0
074 R032200 0
074 R042200 623
074 S002200 0
074 T002200 494219
074 U012200 18165
074 U022200 230
074 V012200 26.87
074 V022200 26.80
074 W002200 0.0000
074 X002200 5
074 Y002200 2759
075 A002200 0
075 B002200 316898
076 002200 0.00
008 A002301 FRANKLIN ADVISERS, INC.
008 B002301 A
008 C002301 801-26292
008 D012301 SAN MATEO
008 D022301 CA
008 D032301 94404
008 D042301 1585
015 A002301 BANKBOSTON, N.A.
015 B002301 S
015 C012301 BUENOS AIRES
015 D012301 ARGENTINA
015 E042301 X
015 A002302 NATIONAL AUSTRALIA BANK LIMITED
015 B002302 S
015 C012302 MELBOURNE
015 D012302 AUSTRALIA
015 E042302 X
015 A002303 BANK AUSTRIA AG
015 B002303 S
015 C012303 VIENNA
015 D012303 AUSTRIA
015 E042303 X
015 A002304 BANQUE BRUXELLES LAMBERT
015 B002304 S
015 C012304 BRUSSELS
015 D012304 BELGIUM
015 E042304 X
015 A002305 ROYAL BANK OF CANADA
<PAGE> PAGE 179
015 B002305 S
015 C012305 MONTREAL
015 D012305 CANADA
015 E042305 X
015 A002306 DEN DANSKE BANK
015 B002306 S
015 C012306 COPENHAGEN
015 D012306 DENMARK
015 E042306 X
015 A002307 BANK ONE N.A.
015 B002307 S
015 C012307 LONDON
015 D012307 UNITED KINGDOM
015 E042307 X
015 A002308 CEDEL
015 B002308 S
015 C012308 LUXEMBOURG CITY
015 D012308 EUROMARKET
015 E042308 X
015 A002309 EUROCLEAR
015 B002309 S
015 C012309 BRUSSELS
015 D012309 EUROMARKET
015 E042309 X
015 A002310 MERITA BANK PLC
015 B002310 S
015 C012310 HELSINKI
015 D012310 FINLAND
015 E042310 X
015 A002311 PARIBAS
015 B002311 S
015 C012311 PARIS
015 D012311 FRANCE
015 E042311 X
015 A002312 DRESDNER BANK AG
015 B002312 S
015 C012312 FRANKFURT/MAIN
015 D012312 GERMANY
015 E042312 X
015 A002313 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002313 S
015 C012313 HONG KONG
015 D012313 HONG KONG
015 E042313 X
015 A002314 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002314 S
015 C012314 JAKARTA
015 D012314 INDONESIA
015 E042314 X
015 A002315 ALLIED IRISH BANKS PLC
015 B002315 S
<PAGE> PAGE 180
015 C012315 DUBLIN
015 D012315 IRELAND
015 E042315 X
015 A002316 BANK OF TOKYO MITSUBISHI
015 B002316 S
015 C012316 TOKYO
015 D012316 JAPAN
015 E042316 X
015 A002317 BANQUE ET CAISSE D'EPARGNE DE L'ETAT
015 B002317 S
015 C012317 LUXEMBOURG CITY
015 D012317 LUXEMBOURG
015 E042317 X
015 A002318 HSBC BANK MALAYSIA BERHAD
015 B002318 S
015 C012318 KUALA LUMPUR
015 D012318 MALAYSIA
015 E042318 X
015 A002319 BANCO NACIONAL DE MEXICO
015 B002319 S
015 C012319 MEXICO CITY
015 D012319 MEXICO
015 E042319 X
015 A002320 MEESPIERSON
015 B002320 S
015 C012320 AMSTERDAM
015 D012320 NETHERLANDS
015 E042320 X
015 A002321 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B002321 S
015 C012321 WELLINGTON
015 D012321 NEW ZEALAND
015 E042321 X
015 A002322 STANDARD CHARTERED BANK
015 B002322 S
015 C012322 KARACHI
015 D012322 PAKISTAN
015 E042322 X
015 A002323 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002323 S
015 C012323 PASIG CITY MANILA
015 D012323 PHILIPPINES
015 E042323 X
015 A002324 BANCO COMERCIAL PORTUGUES, S.A.
015 B002324 S
015 C012324 LISBON
015 D012324 PORTUGAL
015 E042324 X
015 A002325 UNITED OVERSEAS BANK LIMITED
015 B002325 S
015 C012325 SINGAPORE
<PAGE> PAGE 181
015 D012325 SINGAPORE
015 E042325 X
015 A002326 STANDARD CORPORATE AND MERCHANT BANK
015 B002326 S
015 C012326 JOHANNESBURG
015 D012326 SOUTH AFRICA
015 E042326 X
015 A002327 BANCO BILBAO VIZCAYA
015 B002327 S
015 C012327 MADRID
015 D012327 SPAIN
015 E042327 X
015 A002328 SKANDINAVISKA ENSKILDA BANKEN
015 B002328 S
015 C012328 STOCKHOLM
015 D012328 SWEDEN
015 E042328 X
015 A002329 UBS AG
015 B002329 S
015 C012329 ZURICH
015 D012329 SWITZERLAND
015 E042329 X
015 A002330 STANDARD CHARTERED BANK
015 B002330 S
015 C012330 BANGKOK
015 D012330 THAILAND
015 E042330 X
015 A002331 OSMANLI BANKASI A.S.
015 B002331 S
015 C012331 ISTANBUL
015 D012331 TURKEY
015 E042331 X
015 A002332 THE BANK OF NEW YORK
015 B002332 S
015 C012332 LONDON
015 D012332 UNITED KINGDOM
015 E042332 X
015 A002333 THE BANK OF NEW YORK
015 B002333 C
015 C012333 NEW YORK
015 C022333 NY
015 C032333 10286
015 E012333 X
015 A002334 STANBIC BANK ZAMBIA LIMITED
015 B002334 S
015 C012334 LUSAKA
015 D012334 ZAMBIA
015 E042334 X
015 A002335 STANBIC BANK ZIMBABWE LIMITED
015 B002335 S
015 C012335 HARARE
<PAGE> PAGE 182
015 D012335 ZIMBABWE
015 E042335 X
024 002300 N
028 A012300 11895
028 A022300 1511
028 A032300 0
028 A042300 10671
028 B012300 6662
028 B022300 0
028 B032300 0
028 B042300 16425
028 C012300 10054
028 C022300 0
028 C032300 0
028 C042300 7901
028 D012300 10390
028 D022300 0
028 D032300 0
028 D042300 7538
028 E012300 16195
028 E022300 0
028 E032300 0
028 E042300 12304
028 F012300 8425
028 F022300 0
028 F032300 0
028 F042300 16775
028 G012300 63621
028 G022300 1511
028 G032300 0
028 G042300 71614
028 H002300 0
037 002300 N
038 002300 0
039 002300 N
040 002300 Y
041 002300 Y
042 A002300 0
042 B002300 0
042 C002300 100
042 D002300 0
042 E002300 0
042 F002300 0
042 G002300 0
042 H002300 0
043 002300 1
044 002300 0
045 002300 Y
046 002300 N
047 002300 Y
048 002300 0.000
<PAGE> PAGE 183
048 A012300 500000
048 A022300 0.750
048 B012300 500000
048 B022300 0.625
048 C012300 0
048 C022300 0.000
048 D012300 0
048 D022300 0.000
048 E012300 0
048 E022300 0.000
048 F012300 0
048 F022300 0.000
048 G012300 0
048 G022300 0.000
048 H012300 0
048 H022300 0.000
048 I012300 0
048 I022300 0.000
048 J012300 0
048 J022300 0.000
048 K012300 1000000
048 K022300 0.500
049 002300 N
050 002300 N
051 002300 N
052 002300 N
053 A002300 N
055 A002300 N
055 B002300 N
056 002300 N
057 002300 N
058 A002300 N
059 002300 Y
060 A002300 Y
060 B002300 Y
061 002300 5000
062 A002300 N
062 B002300 0.0
062 C002300 0.0
062 D002300 0.0
062 E002300 0.0
062 F002300 0.0
062 G002300 0.0
062 H002300 0.0
062 I002300 0.0
062 J002300 0.0
062 K002300 0.0
062 L002300 0.0
062 M002300 0.0
062 N002300 0.0
062 O002300 0.0
<PAGE> PAGE 184
062 P002300 0.0
062 Q002300 0.0
062 R002300 0.0
063 A002300 0
063 B002300 0.0
066 A002300 Y
066 B002300 N
066 C002300 Y
066 D002300 N
066 E002300 N
066 F002300 N
066 G002300 N
067 002300 N
068 A002300 N
068 B002300 N
069 002300 N
070 A012300 Y
070 A022300 Y
070 B012300 Y
070 B022300 N
070 C012300 Y
070 C022300 N
070 D012300 Y
070 D022300 N
070 E012300 N
070 E022300 N
070 F012300 N
070 F022300 N
070 G012300 N
070 G022300 N
070 H012300 N
070 H022300 N
070 I012300 N
070 I022300 N
070 J012300 Y
070 J022300 N
070 K012300 Y
070 K022300 N
070 L012300 Y
070 L022300 Y
070 M012300 Y
070 M022300 N
070 N012300 Y
070 N022300 N
070 O012300 Y
070 O022300 N
070 P012300 Y
070 P022300 Y
070 Q012300 N
070 Q022300 N
070 R012300 N
<PAGE> PAGE 185
070 R022300 N
071 A002300 228846
071 B002300 121644
071 C002300 291126
071 D002300 42
072 A002300 12
072 B002300 2058
072 C002300 2583
072 D002300 0
072 E002300 0
072 F002300 2501
072 G002300 0
072 H002300 0
072 I002300 0
072 J002300 3
072 K002300 8
072 L002300 15
072 M002300 3
072 N002300 0
072 O002300 0
072 P002300 0
072 Q002300 0
072 R002300 12
072 S002300 6
072 T002300 1
072 U002300 0
072 V002300 0
072 W002300 4
072 X002300 2553
072 Y002300 0
072 Z002300 2088
072AA002300 34597
072BB002300 8007
072CC012300 68148
072CC022300 0
072DD012300 1510
072DD022300 1
072EE002300 0
073 A012300 0.0800
073 A022300 0.0800
073 B002300 0.0000
073 C002300 0.0000
074 A002300 0
074 B002300 21061
074 C002300 0
074 D002300 0
074 E002300 0
074 F002300 388589
074 G002300 0
074 H002300 0
074 I002300 0
<PAGE> PAGE 186
074 J002300 2297
074 K002300 0
074 L002300 839
074 M002300 0
074 N002300 412786
074 O002300 3942
074 P002300 251
074 Q002300 0
074 R012300 0
074 R022300 0
074 R032300 0
074 R042300 537
074 S002300 0
074 T002300 408056
074 U012300 19338
074 U022300 26
074 V012300 21.07
074 V022300 21.01
074 W002300 0.0000
074 X002300 2
074 Y002300 5325
075 A002300 0
075 B002300 333499
076 002300 0.00
008 A002401 TEMPLETON INVESTMENT COUNSEL, INC.
008 B002401 A
008 C002401 801-15125
008 D012401 FT. LAUDERDALE
008 D022401 FL
008 D032401 33394
008 D042401 3091
015 A002401 THE CHASE MANHATTAN BANK
015 B002401 S
015 C012401 BUENOS AIRES
015 D012401 ARGENTINA
015 E042401 X
015 A002402 THE CHASE MANHATTAN BANK
015 B002402 S
015 C012402 SYDNEY
015 D012402 AUSTRALIA
015 E042402 X
015 A002403 BANK AUSTRIA AG
015 B002403 S
015 C012403 VIENNA
015 D012403 AUSTRIA
015 E042403 X
015 A002404 HSBC BANK MIDDLE EAST
015 B002404 S
015 C012404 MANAMA
015 D012404 BAHRAIN
015 E042404 X
<PAGE> PAGE 187
015 A002405 STANDARD CHARTERED BANK PLC
015 B002405 S
015 C012405 DHAKA
015 D012405 BANGLADESH
015 E042405 X
015 A002406 FORTIS BANK S.A.
015 B002406 S
015 C012406 BRUSSELS
015 D012406 BELGIUM
015 E042406 X
015 A002407 THE BANK OF BERMUDA LIMITED
015 B002407 S
015 C012407 HAMILTON
015 D012407 BERMUDA
015 E042407 X
015 A002408 BARCLAYS BANK OF BOTSWANA LIMITED
015 B002408 S
015 C012408 GABORONE
015 D012408 BOTSWANA
015 E042408 X
015 A002409 CITIBANK, N.A., SAO PAULO
015 B002409 S
015 C012409 SAO PAULO
015 D012409 BRAZIL
015 E042409 X
015 A002410 CANADIAN IMPERIAL BANK OF COMMERCE
015 B002410 S
015 C012410 TORONTO
015 D012410 CANADA
015 E042410 X
015 A002411 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002411 S
015 C012411 SHANGHAI
015 D012411 CHINA
015 E042411 X
015 A002412 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002412 S
015 C012412 SHENZHEN
015 D012412 CHINA
015 E042412 X
015 A002413 PRIVREDNA BANKA ZAGREB D.D.
015 B002413 S
015 C012413 ZAGREB
015 D012413 CROATIA
015 E042413 X
015 A002414 CYPRUS POPULAR BANK
015 B002414 S
015 C012414 CYPRUS
015 D012414 CYPRUS
015 E042414 X
015 A002415 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
<PAGE> PAGE 188
015 B002415 S
015 C012415 PRAGUE
015 D012415 CZECH REPUBLIC
015 E042415 X
015 A002416 DEN DANSKE BANK
015 B002416 S
015 C012416 COPENHAGEN
015 D012416 DENMARK
015 E042416 X
015 A002417 CITIBANK, N.A., QUITO
015 B002417 S
015 C012417 QUITO
015 D012417 ECUADOR
015 E042417 X
015 A002418 CITIBANK, N.A.
015 B002418 S
015 C012418 CAIRO
015 D012418 EGYPT
015 E042418 X
015 A002419 BANK ONE N.A.
015 B002419 S
015 C012419 LONDON
015 D012419 UNITED KINGDOM
015 E042419 X
015 A002420 CEDEL
015 B002420 S
015 C012420 LUXEMBOURG CITY
015 D012420 EUROMARKET
015 E042420 X
015 A002421 EUROCLEAR
015 B002421 S
015 C012421 BRUSSELS
015 D012421 EUROMARKET
015 E042421 X
015 A002422 MERITA BANK LTD.
015 B002422 S
015 C012422 HELSINKI
015 D012422 FINLAND
015 E042422 X
015 A002423 PARIBAS
015 B002423 S
015 C012423 PARIS
015 D012423 FRANCE
015 E042423 X
015 A002424 DRESDNER BANK AG
015 B002424 S
015 C012424 FRANKFURT
015 D012424 GERMANY
015 E042424 X
015 A002425 BARCLAYS BANK OF GHANA LTD.
015 B002425 S
<PAGE> PAGE 189
015 C012425 ACCRA
015 D012425 GHANA
015 E042425 X
015 A002426 BARCLAYS BANK PLC
015 B002426 S
015 C012426 ATHENS
015 D012426 GREECE
015 E042426 X
015 A002427 THE CHASE MANHATTAN BANK
015 B002427 S
015 C012427 HONG KONG
015 D012427 HONG KONG
015 E042427 X
015 A002428 CITIBANK BUDAPEST RT.
015 B002428 S
015 C012428 BUDAPEST
015 D012428 HUNGARY
015 E042428 X
015 A002429 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002429 S
015 C012429 MUMBAI
015 D012429 INDIA
015 E042429 X
015 A002430 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002430 S
015 C012430 JAKARTA
015 D012430 INDONESIA
015 E042430 X
015 A002431 BANK OF IRELAND
015 B002431 S
015 C012431 DUBLIN
015 D012431 IRELAND
015 E042431 X
015 A002432 BANK LEUMI LE-ISRAEL B.M.
015 B002432 S
015 C012432 TEL AVIV
015 D012432 ISRAEL
015 E042432 X
015 A002433 PARIBAS
015 B002433 S
015 C012433 MILAN
015 D012433 ITALY
015 E042433 X
015 A002434 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B002434 S
015 C012434 ABIDJAN
015 D012434 IVORY COAST
015 E042434 X
015 A002435 THE FUJI BANK LIMITED
015 B002435 S
015 C012435 TOKYO
<PAGE> PAGE 190
015 D012435 JAPAN
015 E042435 X
015 A002436 BARCLAYS BANK OF KENYA LTD., NAIROBI
015 B002436 S
015 C012436 NAIROBI
015 D012436 KENYA
015 E042436 X
015 A002437 HSBC BANK MIDDLE EAST
015 B002437 S
015 C012437 BEIRUT
015 D012437 LEBANON
015 E042437 X
015 A002438 BANQUE GENERALE DU LUXEMBOURG S.A.
015 B002438 S
015 C012438 LUXEMBOURG CITY
015 D012438 LUXEMBOURG
015 E042438 X
015 A002439 THE CHASE MANHATTAN BANK, (M) BERHAD
015 B002439 S
015 C012439 KUALA LUMPUR
015 D012439 MALAYSIA
015 E042439 X
015 A002440 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002440 S
015 C012440 PORT LOUIS
015 D012440 MAURITIUS
015 E042440 X
015 A002441 CHASE MANHATTAN BANK MEXICO, S.A.
015 B002441 S
015 C012441 MEXICO CITY
015 D012441 MEXICO
015 E042441 X
015 A002442 BANQUE COMMERCIALE DU MAROC
015 B002442 S
015 C012442 CASABLANCA
015 D012442 MOROCCO
015 E042442 X
015 A002443 STANDARD BANK NAMIBIA LTD.
015 B002443 S
015 C012443 WINDHOEK
015 D012443 NAMIBIA
015 E042443 X
015 A002444 ABN-AMRO BANK N.V.
015 B002444 S
015 C012444 AMSTERDAM
015 D012444 NETHERLANDS
015 E042444 X
015 A002445 NATIONAL NOMINEES LIMITED
015 B002445 S
015 C012445 AUCKLAND
015 D012445 NEW ZEALAND
<PAGE> PAGE 191
015 E042445 X
015 A002446 DEN NORSKE BANK
015 B002446 S
015 C012446 OSLO
015 D012446 NORWAY
015 E042446 X
015 A002447 HSBC BANK MIDDLE EAST
015 B002447 S
015 C012447 MUSCAT
015 D012447 OMAN
015 E042447 X
015 A002448 CITIBANK, N.A.
015 B002448 S
015 C012448 KARACHI
015 D012448 PAKISTAN
015 E042448 X
015 A002449 CITIBANK, N.A.
015 B002449 S
015 C012449 LIMA
015 D012449 PERU
015 E042449 X
015 A002450 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002450 S
015 C012450 MANILA
015 D012450 PHILIPPINES
015 E042450 X
015 A002451 BANK HANDLOWY W. WARZAWIE, S.A.
015 B002451 S
015 C012451 WARSAW
015 D012451 POLAND
015 E042451 X
015 A002452 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA
015 B002452 S
015 C012452 LISBON
015 D012452 PORTUGAL
015 E042452 X
015 A002453 ING BANK N.V., BUCHAREST BRANCH
015 B002453 S
015 C012453 BUCHAREST
015 D012453 ROMANIA
015 E042453 X
015 A002454 THE CHASE MANHATTAN BANK
015 B002454 S
015 C012454 MOSCOW
015 D012454 RUSSIA
015 E042454 X
015 A002455 STANDARD CHARTERED BANK, PLC, SINGAPORE
015 B002455 S
015 C012455 SINGAPORE
015 D012455 SINGAPORE
015 E042455 X
<PAGE> PAGE 192
015 A002456 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B002456 S
015 C012456 BRATISLAVA
015 D012456 SLOVAK REPUBLIC
015 E042456 X
015 A002457 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B002457 S
015 C012457 JOHANNESBURG
015 D012457 SOUTH AFRICA
015 E042457 X
015 A002458 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002458 S
015 C012458 SEOUL
015 D012458 SOUTH KOREA
015 E042458 X
015 A002459 THE CHASE MANHATTAN BANK
015 B002459 S
015 C012459 MADRID
015 D012459 SPAIN
015 E042459 X
015 A002460 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002460 S
015 C012460 COLOMBO
015 D012460 SRI LANKA
015 E042460 X
015 A002461 SKANDINAVISKA ENSKILDA BANKEN
015 B002461 S
015 C012461 STOCKHOLM
015 D012461 SWEDEN
015 E042461 X
015 A002462 UBS AG
015 B002462 S
015 C012462 ZURICH
015 D012462 SWITZERLAND
015 E042462 X
015 A002463 THE CHASE MANHATTAN BANK
015 B002463 S
015 C012463 BANGKOK
015 D012463 THAILAND
015 E042463 X
015 A002464 THE CHASE MANHATTAN BANK
015 B002464 S
015 C012464 LONDON
015 D012464 UNITED KINGDOM
015 E042464 X
015 A002465 THE CHASE MANHATTAN BANK
015 B002465 C
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<PAGE> PAGE 193
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<PAGE> PAGE 194
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<PAGE> PAGE 195
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<PAGE> PAGE 196
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<PAGE> PAGE 199
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<PAGE> PAGE 200
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<PAGE> PAGE 201
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<PAGE> PAGE 202
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<PAGE> PAGE 203
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<PAGE> PAGE 204
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<PAGE> PAGE 205
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<PAGE> PAGE 206
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<PAGE> PAGE 207
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<PAGE> PAGE 208
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<PAGE> PAGE 209
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<PAGE> PAGE 210
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<PAGE> PAGE 211
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<PAGE> PAGE 212
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<PAGE> PAGE 213
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<PAGE> PAGE 214
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<PAGE> PAGE 215
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<PAGE> PAGE 216
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<PAGE> PAGE 217
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<PAGE> PAGE 218
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<PAGE> PAGE 219
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<PAGE> PAGE 220
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<PAGE> PAGE 221
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<PAGE> PAGE 222
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<PAGE> PAGE 223
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<PAGE> PAGE 224
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<PAGE> PAGE 225
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<PAGE> PAGE 226
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<PAGE> PAGE 227
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<PAGE> PAGE 228
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015 E042810 X
015 A002811 PARIBAS
015 B002811 S
015 C012811 PARIS
015 D012811 FRANCE
015 E042811 X
015 A002812 DRESDNER BANK AG
015 B002812 S
015 C012812 FRANKFURT/MAIN
015 D012812 GERMANY
015 E042812 X
015 A002813 PARIBAS
015 B002813 S
015 C012813 ATHENS
015 D012813 GREECE
015 E042813 X
015 A002814 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002814 S
015 C012814 HONG KONG
015 D012814 HONG KONG
015 E042814 X
015 A002815 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002815 S
015 C012815 JAKARTA
015 D012815 INDONESIA
015 E042815 X
015 A002816 ALLIED IRISH BANKS PLC
015 B002816 S
015 C012816 DUBLIN
015 D012816 IRELAND
015 E042816 X
015 A002817 BANCA COMMERCIALE ITALIANA
015 B002817 S
015 C012817 MILAN
015 D012817 ITALY
015 E042817 X
015 A002818 BANK OF TOKYO MITSUBISHI
015 B002818 S
015 C012818 TOKYO
015 D012818 JAPAN
015 E042818 X
015 A002819 BANQUE E CAISSE D'EPARGNE DE L'ETAT
015 B002819 S
<PAGE> PAGE 229
015 C012819 LUXEMBOURG CITY
015 D012819 LUXEMBOURG
015 E042819 X
015 A002820 HSBC BANK MALAYSIA BERHAD
015 B002820 S
015 C012820 KUALA LUMPUR
015 D012820 MALAYSIA
015 E042820 X
015 A002821 BANCO NACIONAL DE MEXICO
015 B002821 S
015 C012821 MEXICO CITY
015 D012821 MEXICO
015 E042821 X
015 A002822 MEESPIERSON
015 B002822 S
015 C012822 AMSTERDAM
015 D012822 NETHERLANDS
015 E042822 X
015 A002823 AUSTRALIA AND NEW ZEALAND BANKING GROUP
015 B002823 S
015 C012823 WELLINGTON
015 D012823 NEW ZEALAND
015 E042823 X
015 A002824 DEN NORSKE BANK ASA
015 B002824 S
015 C012824 OSLO
015 D012824 NORWAY
015 E042824 X
015 A002825 THE HONGKONG AND SHANGHAI BANKING CORPORATION
015 B002825 S
015 C012825 PASIG CITY MANILA
015 D012825 PHILIPPINES
015 E042825 X
015 A002826 BANCO COMERCIAL PORTUGUES, S.A.
015 B002826 S
015 C012826 LISBON
015 D012826 PORTUGAL
015 E042826 X
015 A002827 UNITED OVERSEAS BANK LIMITED
015 B002827 S
015 C012827 SINGAPORE
015 D012827 SINGAPORE
015 E042827 X
015 A002828 STANDARD CORPORATE AND MERCHANT BANK
015 B002828 S
015 C012828 JOHANNESBURG
015 D012828 SOUTH AFRICA
015 E042828 X
015 A002829 BANCO BILBAO VIZCAYA
015 B002829 S
015 C012829 MADRID
<PAGE> PAGE 230
015 D012829 SPAIN
015 E042829 X
015 A002830 SKANDINAVISKA ENSKILDA BANKEN
015 B002830 S
015 C012830 STOCKHOLM
015 D012830 SWEDEN
015 E042830 X
015 A002831 CREDIT SUISSE FIRST BOSTON - ZURICH
015 B002831 S
015 C012831 ZURICH
015 D012831 SWITZERLAND
015 E042831 X
015 A002832 STANDARD CHARTERED BANK
015 B002832 S
015 C012832 BANGKOK
015 D012832 THAILAND
015 E042832 X
015 A002833 OSMANLI BANKASI A.S.
015 B002833 S
015 C012833 ISTANBUL
015 D012833 TURKEY
015 E042833 X
015 A002834 THE BANK OF NEW YORK
015 B002834 S
015 C012834 LONDON
015 D012834 UNITED KINGDOM
015 E042834 X
015 A002835 THE BANK OF NEW YORK
015 B002835 C
015 C012835 NEW YORK
015 C022835 NY
015 C032835 10286
015 E012835 X
015 A002836 STANBIC BANK ZAMBIA LIMITED
015 B002836 S
015 C012836 LUSAKA
015 D012836 ZAMBIA
015 E042836 X
015 A002837 STANBIC BANK ZIMBABWE LIMITED
015 B002837 S
015 C012837 HARARE
015 D012837 ZIMBABWE
015 E042837 X
024 002800 N
028 A012800 1281
028 A022800 28
028 A032800 0
028 A042800 905
028 B012800 1010
028 B022800 0
028 B032800 0
<PAGE> PAGE 231
028 B042800 983
028 C012800 878
028 C022800 0
028 C032800 0
028 C042800 641
028 D012800 744
028 D022800 0
028 D032800 0
028 D042800 220
028 E012800 980
028 E022800 0
028 E032800 0
028 E042800 494
028 F012800 993
028 F022800 0
028 F032800 0
028 F042800 947
028 G012800 5886
028 G022800 28
028 G032800 0
028 G042800 4190
028 H002800 0
037 002800 N
038 002800 0
039 002800 N
040 002800 Y
041 002800 Y
042 A002800 0
042 B002800 0
042 C002800 100
042 D002800 0
042 E002800 0
042 F002800 0
042 G002800 0
042 H002800 0
043 002800 1
044 002800 0
045 002800 Y
046 002800 N
047 002800 Y
048 002800 0.000
048 A012800 200000
048 A022800 0.600
048 B012800 1100000
048 B022800 0.500
048 C012800 0
048 C022800 0.000
048 D012800 0
048 D022800 0.000
048 E012800 0
048 E022800 0.000
<PAGE> PAGE 232
048 F012800 0
048 F022800 0.000
048 G012800 0
048 G022800 0.000
048 H012800 0
048 H022800 0.000
048 I012800 0
048 I022800 0.000
048 J012800 0
048 J022800 0.000
048 K012800 1300000
048 K022800 0.400
049 002800 N
050 002800 N
051 002800 N
052 002800 N
053 A002800 N
055 A002800 Y
055 B002800 N
056 002800 N
057 002800 N
058 A002800 N
059 002800 Y
060 A002800 N
060 B002800 N
061 002800 5000
062 A002800 N
062 B002800 0.0
062 C002800 0.0
062 D002800 0.0
062 E002800 0.0
062 F002800 0.0
062 G002800 0.0
062 H002800 0.0
062 I002800 0.0
062 J002800 0.0
062 K002800 0.0
062 L002800 0.0
062 M002800 0.0
062 N002800 0.0
062 O002800 0.0
062 P002800 0.0
062 Q002800 0.0
062 R002800 0.0
063 A002800 0
063 B002800 0.0
066 A002800 Y
066 B002800 N
066 C002800 N
066 D002800 N
066 E002800 Y
<PAGE> PAGE 233
066 F002800 N
066 G002800 N
067 002800 N
068 A002800 N
068 B002800 N
069 002800 N
070 A012800 Y
070 A022800 Y
070 B012800 Y
070 B022800 N
070 C012800 Y
070 C022800 N
070 D012800 Y
070 D022800 N
070 E012800 Y
070 E022800 N
070 F012800 Y
070 F022800 N
070 G012800 Y
070 G022800 N
070 H012800 Y
070 H022800 N
070 I012800 Y
070 I022800 N
070 J012800 Y
070 J022800 N
070 K012800 Y
070 K022800 Y
070 L012800 Y
070 L022800 Y
070 M012800 Y
070 M022800 N
070 N012800 Y
070 N022800 N
070 O012800 Y
070 O022800 N
070 P012800 Y
070 P022800 Y
070 Q012800 Y
070 Q022800 N
070 R012800 Y
070 R022800 N
071 A002800 10341
071 B002800 6082
071 C002800 9934
071 D002800 61
072 A002800 12
072 B002800 27
072 C002800 126
072 D002800 0
072 E002800 0
<PAGE> PAGE 234
072 F002800 62
072 G002800 16
072 H002800 0
072 I002800 0
072 J002800 0
072 K002800 0
072 L002800 1
072 M002800 0
072 N002800 0
072 O002800 0
072 P002800 0
072 Q002800 0
072 R002800 5
072 S002800 0
072 T002800 1
072 U002800 0
072 V002800 0
072 W002800 0
072 X002800 85
072 Y002800 0
072 Z002800 68
072AA002800 684
072BB002800 1202
072CC012800 397
072CC022800 0
072DD012800 28
072DD022800 0
072EE002800 0
073 A012800 0.0200
073 A022800 0.0200
073 B002800 0.0000
073 C002800 0.0000
074 A002800 0
074 B002800 0
074 C002800 417
074 D002800 0
074 E002800 0
074 F002800 12103
074 G002800 0
074 H002800 0
074 I002800 0
074 J002800 0
074 K002800 0
074 L002800 133
074 M002800 0
074 N002800 12653
074 O002800 56
074 P002800 8
074 Q002800 0
074 R012800 0
074 R022800 0
<PAGE> PAGE 235
074 R032800 0
074 R042800 6
074 S002800 0
074 T002800 12583
074 U012800 1433
074 U022800 160
074 V012800 7.90
074 V022800 7.88
074 W002800 0.0000
074 X002800 3
074 Y002800 0
075 A002800 0
075 B002800 10459
076 002800 0.00
SIGNATURE KIMBERLY MONASTERIO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 011
<NAME> FRANKLIN MONEY MARKET FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 374,423,913
<INVESTMENTS-AT-VALUE> 374,423,913
<RECEIVABLES> 1,688,853
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 376,112,766
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,483,423
<TOTAL-LIABILITIES> 3,483,423
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 372,629,343
<SHARES-COMMON-STOCK> 364,027,743
<SHARES-COMMON-PRIOR> 414,340,758
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 372,629,343
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 19,768,523
<OTHER-INCOME> 0
<EXPENSES-NET> (2,044,401)
<NET-INVESTMENT-INCOME> 17,724,122
<REALIZED-GAINS-CURRENT> 208
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 17,724,330
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (17,613,140)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 705,526,809
<NUMBER-OF-SHARES-REDEEMED> (773,449,498)
<SHARES-REINVESTED> 17,609,674
<NET-CHANGE-IN-ASSETS> (41,711,415)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,971,026)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,044,401)
<AVERAGE-NET-ASSETS> 381,961,735
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .050
<PER-SHARE-GAIN-APPREC> .000
<PER-SHARE-DIVIDEND> (.050)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> .530
<FN>
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 012
<NAME> FRANKLIN MONEY MARKET FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 374,423,913
<INVESTMENTS-AT-VALUE> 374,423,913
<RECEIVABLES> 1,688,853
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 376,112,766
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,483,423
<TOTAL-LIABILITIES> 3,483,423
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 372,629,343
<SHARES-COMMON-STOCK> 8,601,600
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 372,629,343
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 19,768,523
<OTHER-INCOME> 0
<EXPENSES-NET> (2,044,401)
<NET-INVESTMENT-INCOME> 17,724,122
<REALIZED-GAINS-CURRENT> 208
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 17,724,330
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (111,190)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 219,800,400
<NUMBER-OF-SHARES-REDEEMED> (211,309,892)
<SHARES-REINVESTED> 111,092
<NET-CHANGE-IN-ASSETS> (41,711,415)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,971,026)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,044,401)
<AVERAGE-NET-ASSETS> 381,961,735
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .040
<PER-SHARE-GAIN-APPREC> .000
<PER-SHARE-DIVIDEND> (.040)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> .790<F3>
<FN>
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 021
<NAME> FRANKLIN GROWTH AND INCOME FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 821,165,118
<INVESTMENTS-AT-VALUE> 950,369,904
<RECEIVABLES> 19,232,982
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 969,602,886
<PAYABLE-FOR-SECURITIES> 2,930,053
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,330,931
<TOTAL-LIABILITIES> 4,260,984
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 701,963,933
<SHARES-COMMON-STOCK> 54,258,633
<SHARES-COMMON-PRIOR> 64,782,428
<ACCUMULATED-NII-CURRENT> 34,321,327
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 99,851,855
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 129,204,786
<NET-ASSETS> 965,341,901
<DIVIDEND-INCOME> 36,607,257
<INTEREST-INCOME> 3,087,666
<OTHER-INCOME> 0
<EXPENSES-NET> (5,650,396)
<NET-INVESTMENT-INCOME> 34,044,527
<REALIZED-GAINS-CURRENT> 99,730,699
<APPREC-INCREASE-CURRENT> (115,702,747)
<NET-CHANGE-FROM-OPS> 18,072,479
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (42,738,181)
<DISTRIBUTIONS-OF-GAINS> (119,137,890)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,366,236
<NUMBER-OF-SHARES-REDEEMED> (23,423,298)
<SHARES-REINVESTED> 8,533,267
<NET-CHANGE-IN-ASSETS> (353,401,372)
<ACCUMULATED-NII-PRIOR> 43,273,575
<ACCUMULATED-GAINS-PRIOR> 119,084,055
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (5,454,205)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (5,650,396)
<AVERAGE-NET-ASSETS> 1,156,591,736
<PER-SHARE-NAV-BEGIN> 20.360
<PER-SHARE-NII> .570<F1>
<PER-SHARE-GAIN-APPREC> (.160)<F1>
<PER-SHARE-DIVIDEND> (.790)
<PER-SHARE-DISTRIBUTIONS> (2.200)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 17.780
<EXPENSE-RATIO> .490
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 022
<NAME> FRANKLIN GROWTH AND INCOME FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 821,165,118
<INVESTMENTS-AT-VALUE> 950,369,904
<RECEIVABLES> 19,232,982
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 969,602,886
<PAYABLE-FOR-SECURITIES> 2,930,053
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,330,931
<TOTAL-LIABILITIES> 4,260,984
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 701,963,933
<SHARES-COMMON-STOCK> 44,526
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 34,321,327
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 99,851,855
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 129,204,786
<NET-ASSETS> 965,341,901
<DIVIDEND-INCOME> 36,607,257
<INTEREST-INCOME> 3,087,666
<OTHER-INCOME> 0
<EXPENSES-NET> (5,650,396)
<NET-INVESTMENT-INCOME> 34,044,527
<REALIZED-GAINS-CURRENT> 99,730,699
<APPREC-INCREASE-CURRENT> (115,702,747)
<NET-CHANGE-FROM-OPS> 18,072,479
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (22,072)
<DISTRIBUTIONS-OF-GAINS> (61,531)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 77,869
<NUMBER-OF-SHARES-REDEEMED> (37,757)
<SHARES-REINVESTED> 4,414
<NET-CHANGE-IN-ASSETS> (353,401,372)
<ACCUMULATED-NII-PRIOR> 43,273,575
<ACCUMULATED-GAINS-PRIOR> 119,084,055
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (5,454,205)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (5,650,396)
<AVERAGE-NET-ASSETS> 1,156,591,736
<PER-SHARE-NAV-BEGIN> 20.710
<PER-SHARE-NII> .470<F1>
<PER-SHARE-GAIN-APPREC> (.460)<F1>
<PER-SHARE-DIVIDEND> (.790)
<PER-SHARE-DISTRIBUTIONS> (2.200)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 17.730
<EXPENSE-RATIO> .750<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE
NAME CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 031
<NAME> FRANKLIN NATURAL RESOURCES SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 41,784,179
<INVESTMENTS-AT-VALUE> 42,761,240
<RECEIVABLES> 256,956
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 43,018,196
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 88,779
<TOTAL-LIABILITIES> 88,779
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63,358,272
<SHARES-COMMON-STOCK> 3,920,071
<SHARES-COMMON-PRIOR> 5,476,199
<ACCUMULATED-NII-CURRENT> 303,873
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (21,709,873)
<ACCUM-APPREC-OR-DEPREC> 977,144
<NET-ASSETS> 42,929,417
<DIVIDEND-INCOME> 542,986
<INTEREST-INCOME> 66,359
<OTHER-INCOME> 0
<EXPENSES-NET> (308,405)
<NET-INVESTMENT-INCOME> 300,940
<REALIZED-GAINS-CURRENT> 1,709,216
<APPREC-INCREASE-CURRENT> 11,169,675
<NET-CHANGE-FROM-OPS> 13,179,831
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (735,982)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,167,717
<NUMBER-OF-SHARES-REDEEMED> (5,792,628)
<SHARES-REINVESTED> 68,783
<NET-CHANGE-IN-ASSETS> (2,997,629)
<ACCUMULATED-NII-PRIOR> 727,057
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (23,406,478)
<GROSS-ADVISORY-FEES> (293,810)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (308,405)
<AVERAGE-NET-ASSETS> 47,017,694
<PER-SHARE-NAV-BEGIN> 8.390
<PER-SHARE-NII> .060<F1>
<PER-SHARE-GAIN-APPREC> 2.640<F1>
<PER-SHARE-DIVIDEND> (.160)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.930
<EXPENSE-RATIO> .660
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 032
<NAME> FRANKLIN NATURAL RESOURCES SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 41,784,179
<INVESTMENTS-AT-VALUE> 42,761,240
<RECEIVABLES> 256,956
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 43,018,196
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 88,779
<TOTAL-LIABILITIES> 88,779
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63,358,272
<SHARES-COMMON-STOCK> 6,271
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 303,873
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (21,709,873)
<ACCUM-APPREC-OR-DEPREC> 977,144
<NET-ASSETS> 42,929,417
<DIVIDEND-INCOME> 542,986
<INTEREST-INCOME> 66,359
<OTHER-INCOME> 0
<EXPENSES-NET> (308,405)
<NET-INVESTMENT-INCOME> 300,940
<REALIZED-GAINS-CURRENT> 1,709,216
<APPREC-INCREASE-CURRENT> 11,169,675
<NET-CHANGE-FROM-OPS> 13,179,831
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (752)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38,482
<NUMBER-OF-SHARES-REDEEMED> (32,281)
<SHARES-REINVESTED> 70
<NET-CHANGE-IN-ASSETS> (2,997,629)
<ACCUMULATED-NII-PRIOR> 727,057
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (23,406,478)
<GROSS-ADVISORY-FEES> (293,810)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (308,405)
<AVERAGE-NET-ASSETS> 47,017,694
<PER-SHARE-NAV-BEGIN> 8.700
<PER-SHARE-NII> .020<F1>
<PER-SHARE-GAIN-APPREC> 2.350<F1>
<PER-SHARE-DIVIDEND> (.160)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.910
<EXPENSE-RATIO> .920<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 041
<NAME> FRANKLIN REAL ESTATE FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 163,505,009
<INVESTMENTS-AT-VALUE> 154,152,623
<RECEIVABLES> 7,127,069
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 161,279,692
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 277,949
<TOTAL-LIABILITIES> 277,949
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 157,261,317
<SHARES-COMMON-STOCK> 10,626,952
<SHARES-COMMON-PRIOR> 14,164,554
<ACCUMULATED-NII-CURRENT> 11,229,198
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,863,614
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (9,352,386)
<NET-ASSETS> 161,001,743
<DIVIDEND-INCOME> 11,325,218
<INTEREST-INCOME> 300,341
<OTHER-INCOME> 0
<EXPENSES-NET> (1,243,466)
<NET-INVESTMENT-INCOME> 10,382,093
<REALIZED-GAINS-CURRENT> 2,394,868
<APPREC-INCREASE-CURRENT> (25,421,990)
<NET-CHANGE-FROM-OPS> (12,645,029)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (18,056,331)
<DISTRIBUTIONS-OF-GAINS> (25,020,454)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 575,363
<NUMBER-OF-SHARES-REDEEMED> (6,765,476)
<SHARES-REINVESTED> 2,652,511
<NET-CHANGE-IN-ASSETS> (121,288,664)
<ACCUMULATED-NII-PRIOR> 18,909,704
<ACCUMULATED-GAINS-PRIOR> 24,496,142
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,197,913)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,243,466)
<AVERAGE-NET-ASSETS> 214,845,080
<PER-SHARE-NAV-BEGIN> 19.930
<PER-SHARE-NII> .880<F1>
<PER-SHARE-GAIN-APPREC> (1.770)<F1>
<PER-SHARE-DIVIDEND> (1.730)
<PER-SHARE-DISTRIBUTIONS> (2.390)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 14.920
<EXPENSE-RATIO> .580
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 042
<NAME> FRANKLIN REAL ESTATE FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 163,505,009
<INVESTMENTS-AT-VALUE> 154,152,623
<RECEIVABLES> 7,127,069
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 161,279,692
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 277,949
<TOTAL-LIABILITIES> 277,949
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 157,261,317
<SHARES-COMMON-STOCK> 164,643
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 11,229,198
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,863,614
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (9,352,386)
<NET-ASSETS> 161,001,743
<DIVIDEND-INCOME> 11,325,218
<INTEREST-INCOME> 300,341
<OTHER-INCOME> 0
<EXPENSES-NET> (1,243,466)
<NET-INVESTMENT-INCOME> 10,382,093
<REALIZED-GAINS-CURRENT> 2,394,868
<APPREC-INCREASE-CURRENT> (25,421,990)
<NET-CHANGE-FROM-OPS> (12,645,029)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,537)
<DISTRIBUTIONS-OF-GAINS> (7,673)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 165,395
<NUMBER-OF-SHARES-REDEEMED> (1,567)
<SHARES-REINVESTED> 815
<NET-CHANGE-IN-ASSETS> (121,288,664)
<ACCUMULATED-NII-PRIOR> 18,909,704
<ACCUMULATED-GAINS-PRIOR> 24,496,142
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,197,913)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,243,466)
<AVERAGE-NET-ASSETS> 214,845,080
<PER-SHARE-NAV-BEGIN> 20.210
<PER-SHARE-NII> 1.290<F1>
<PER-SHARE-GAIN-APPREC> (2.500)<F1>
<PER-SHARE-DIVIDEND> (1.730)
<PER-SHARE-DISTRIBUTIONS> (2.390)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 14.880
<EXPENSE-RATIO> .830<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
/FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 051
<NAME> FRANKLIN GLOBAL COMMUNICATIONS SECURITIES FUND - CLASS 1<F5>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 586,644,594
<INVESTMENTS-AT-VALUE> 884,514,696
<RECEIVABLES> 105,398,887
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 989,913,583
<PAYABLE-FOR-SECURITIES> 1,178,221
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,233,911
<TOTAL-LIABILITIES> 2,412,132
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 495,178,425
<SHARES-COMMON-STOCK> 39,708,482
<SHARES-COMMON-PRIOR> 48,260,709
<ACCUMULATED-NII-CURRENT> 14,830,361
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 179,575,913
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 297,916,752
<NET-ASSETS> 987,501,451
<DIVIDEND-INCOME> 19,529,589
<INTEREST-INCOME> 1,138,951
<OTHER-INCOME> 0
<EXPENSES-NET> (4,567,873)
<NET-INVESTMENT-INCOME> 16,100,667
<REALIZED-GAINS-CURRENT> 178,307,002
<APPREC-INCREASE-CURRENT> 100,208,781
<NET-CHANGE-FROM-OPS> 294,616,450
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (32,989,434)
<DISTRIBUTIONS-OF-GAINS> (79,892,779)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,541,846
<NUMBER-OF-SHARES-REDEEMED> (15,853,370)
<SHARES-REINVESTED> 5,759,297
<NET-CHANGE-IN-ASSETS> 746,255
<ACCUMULATED-NII-PRIOR> 32,999,590
<ACCUMULATED-GAINS-PRIOR> 79,916,030
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (4,247,909)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,567,873)
<AVERAGE-NET-ASSETS> 888,529,412
<PER-SHARE-NAV-BEGIN> 20.450
<PER-SHARE-NII> .370<F1>
<PER-SHARE-GAIN-APPREC> 6.910<F1>
<PER-SHARE-DIVIDEND> (.840)
<PER-SHARE-DISTRIBUTIONS> (2.030)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 24.860
<EXPENSE-RATIO> .510
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F5>EFFECTIVE NOVEMBER 15,1999, THE NAME OF THE FRANKLIN GLOBAL UTILITIES
SECURITIES FUND CHANGED TO FRANKLIN GLOBAL COMMUNICATIONS SECURITIES FUND. THE
FUND'S INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF
THE NAME CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 052
<NAME> FRANKLIN GLOBAL COMMUNICATIONS SECURITIES FUND - CLASS 2<F5>
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 586,644,594
<INVESTMENTS-AT-VALUE> 884,514,696
<RECEIVABLES> 105,398,887
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 989,913,583
<PAYABLE-FOR-SECURITIES> 1,178,221
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,233,911
<TOTAL-LIABILITIES> 2,412,132
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 495,178,425
<SHARES-COMMON-STOCK> 19,798
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 14,830,361
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 179,575,913
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 297,916,752
<NET-ASSETS> 987,501,451
<DIVIDEND-INCOME> 19,529,589
<INTEREST-INCOME> 1,138,951
<OTHER-INCOME> 0
<EXPENSES-NET> (4,567,873)
<NET-INVESTMENT-INCOME> 16,100,667
<REALIZED-GAINS-CURRENT> 178,307,002
<APPREC-INCREASE-CURRENT> 100,208,781
<NET-CHANGE-FROM-OPS> 294,616,450
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10,171)
<DISTRIBUTIONS-OF-GAINS> (24,631)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20,226
<NUMBER-OF-SHARES-REDEEMED> (2,207)
<SHARES-REINVESTED> 1,779
<NET-CHANGE-IN-ASSETS> 746,255
<ACCUMULATED-NII-PRIOR> 32,999,590
<ACCUMULATED-GAINS-PRIOR> 79,916,030
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (4,247,909)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,567,873)
<AVERAGE-NET-ASSETS> 888,529,412
<PER-SHARE-NAV-BEGIN> 21.020
<PER-SHARE-NII> .260<F1>
<PER-SHARE-GAIN-APPREC> 6.370<F1>
<PER-SHARE-DIVIDEND> (.840)
<PER-SHARE-DISTRIBUTIONS> (2.030)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 24.780
<EXPENSE-RATIO> .770 <F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
<F5>EFFECTIVE NOVEMBER 15,1999, THE NAME OF THE FRANKLIN GLOBAL UTILITIES
SECURITIES FUND CHANGED TO FRANKLIN GLOBAL COMMUNICATIONS SECURITIES FUND. THE
FUND'S INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF
THE NAME CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 061
<NAME> FRANKLIN HIGH INCOME FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 369,575,734
<INVESTMENTS-AT-VALUE> 307,819,960
<RECEIVABLES> 7,513,158
<ASSETS-OTHER> 78
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 315,333,196
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 754,005
<TOTAL-LIABILITIES> 754,005
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 383,479,379
<SHARES-COMMON-STOCK> 31,854,852
<SHARES-COMMON-PRIOR> 33,620,945
<ACCUMULATED-NII-CURRENT> 553,992
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,698,408)
<ACCUM-APPREC-OR-DEPREC> (61,755,773)
<NET-ASSETS> 314,579,191
<DIVIDEND-INCOME> 104,720
<INTEREST-INCOME> 40,581,814
<OTHER-INCOME> 0
<EXPENSES-NET> (2,085,666)
<NET-INVESTMENT-INCOME> 38,600,868
<REALIZED-GAINS-CURRENT> (7,700,390)
<APPREC-INCREASE-CURRENT> (29,388,285)
<NET-CHANGE-FROM-OPS> 1,512,193
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (85,622,207)
<DISTRIBUTIONS-OF-GAINS> (12,520,156)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,859,184
<NUMBER-OF-SHARES-REDEEMED> (22,697,184)
<SHARES-REINVESTED> 9,071,907
<NET-CHANGE-IN-ASSETS> (132,029,315)
<ACCUMULATED-NII-PRIOR> 48,138,649
<ACCUMULATED-GAINS-PRIOR> 12,077,601
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,992,885)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,085,666)
<AVERAGE-NET-ASSETS> 387,309,230
<PER-SHARE-NAV-BEGIN> 13.280
<PER-SHARE-NII> 1.240<F1>
<PER-SHARE-GAIN-APPREC> (1.190)<F1>
<PER-SHARE-DIVIDEND> (3.030)
<PER-SHARE-DISTRIBUTIONS> (.440)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 9.860
<EXPENSE-RATIO> .540
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 062
<NAME> FRANKLIN HIGH INCOME FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 369,575,734
<INVESTMENTS-AT-VALUE> 307,819,960
<RECEIVABLES> 7,513,158
<ASSETS-OTHER> 78
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 315,333,196
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 754,005
<TOTAL-LIABILITIES> 754,005
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 383,479,379
<SHARES-COMMON-STOCK> 45,594
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 553,992
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,698,408)
<ACCUM-APPREC-OR-DEPREC> (61,755,773)
<NET-ASSETS> 314,579,191
<DIVIDEND-INCOME> 104,720
<INTEREST-INCOME> 40,581,814
<OTHER-INCOME> 0
<EXPENSES-NET> (2,085,666)
<NET-INVESTMENT-INCOME> 38,600,868
<REALIZED-GAINS-CURRENT> (7,700,390)
<APPREC-INCREASE-CURRENT> (29,388,285)
<NET-CHANGE-FROM-OPS> 1,512,193
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (105,289)
<DISTRIBUTIONS-OF-GAINS> (13,492)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 135,662
<NUMBER-OF-SHARES-REDEEMED> (101,197)
<SHARES-REINVESTED> 11,129
<NET-CHANGE-IN-ASSETS> (132,029,315)
<ACCUMULATED-NII-PRIOR> 48,138,649
<ACCUMULATED-GAINS-PRIOR> 12,077,601
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1,992,885)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,085,666)
<AVERAGE-NET-ASSETS> 387,309,230
<PER-SHARE-NAV-BEGIN> 13.360
<PER-SHARE-NII> 1.110<F1>
<PER-SHARE-GAIN-APPREC> (1.180)<F1>
<PER-SHARE-DIVIDEND> (3.020)
<PER-SHARE-DISTRIBUTIONS> (.440)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 9.830
<EXPENSE-RATIO> .800<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 071
<NAME> TEMPLETON GLOBAL INCOME SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 93,439,070
<INVESTMENTS-AT-VALUE> 88,112,803
<RECEIVABLES> 3,236,566
<ASSETS-OTHER> 842
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,350,211
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 370,300
<TOTAL-LIABILITIES> 370,300
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 103,749,688
<SHARES-COMMON-STOCK> 8,179,658
<SHARES-COMMON-PRIOR> 11,725,182
<ACCUMULATED-NII-CURRENT> 229,905
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,482,293)
<ACCUM-APPREC-OR-DEPREC> (5,517,389)
<NET-ASSETS> 90,979,911
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,427,021
<OTHER-INCOME> 0
<EXPENSES-NET> (771,946)
<NET-INVESTMENT-INCOME> 6,655,075
<REALIZED-GAINS-CURRENT> (6,055,260)
<APPREC-INCREASE-CURRENT> (8,370,208)
<NET-CHANGE-FROM-OPS> (7,770,393)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,277,104)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 755,763
<NUMBER-OF-SHARES-REDEEMED> (5,116,543)
<SHARES-REINVESTED> 815,256
<NET-CHANGE-IN-ASSETS> (59,960,826)
<ACCUMULATED-NII-PRIOR> 4,943,426
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (3,498,798)
<GROSS-ADVISORY-FEES> (714,454)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (771,946)
<AVERAGE-NET-ASSETS> 117,890,810
<PER-SHARE-NAV-BEGIN> 12.870
<PER-SHARE-NII> .680<F1>
<PER-SHARE-GAIN-APPREC> (1.420)<F1>
<PER-SHARE-DIVIDEND> (1.060)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.070
<EXPENSE-RATIO> .650
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 072
<NAME> TEMPLETON GLOBAL INCOME SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 93,439,070
<INVESTMENTS-AT-VALUE> 88,112,803
<RECEIVABLES> 3,236,566
<ASSETS-OTHER> 842
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,350,211
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 370,300
<TOTAL-LIABILITIES> 370,300
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 103,749,688
<SHARES-COMMON-STOCK> 40,077
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 229,905
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,482,293)
<ACCUM-APPREC-OR-DEPREC> (5,517,389)
<NET-ASSETS> 90,979,911
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,427,021
<OTHER-INCOME> 0
<EXPENSES-NET> (771,946)
<NET-INVESTMENT-INCOME> 6,655,075
<REALIZED-GAINS-CURRENT> (6,055,260)
<APPREC-INCREASE-CURRENT> (8,370,208)
<NET-CHANGE-FROM-OPS> (7,770,393)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19,727)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 40,368
<NUMBER-OF-SHARES-REDEEMED> (2,055)
<SHARES-REINVESTED> 1,764
<NET-CHANGE-IN-ASSETS> (59,960,826)
<ACCUMULATED-NII-PRIOR> 4,943,426
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (3,498,798)
<GROSS-ADVISORY-FEES> (714,454)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (771,946)
<AVERAGE-NET-ASSETS> 117,890,810
<PER-SHARE-NAV-BEGIN> 12.930
<PER-SHARE-NII> .600<F1>
<PER-SHARE-GAIN-APPREC> (1.440)<F1>
<PER-SHARE-DIVIDEND> (1.050)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.040
<EXPENSE-RATIO> .910<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 091
<NAME> FRANKLIN INCOME SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 805,480,391
<INVESTMENTS-AT-VALUE> 765,114,992
<RECEIVABLES> 13,285,564
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 778,400,556
<PAYABLE-FOR-SECURITIES> 386,777
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,595,319
<TOTAL-LIABILITIES> 1,982,096
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 718,273,511
<SHARES-COMMON-STOCK> 52,763,565
<SHARES-COMMON-PRIOR> 70,073,792
<ACCUMULATED-NII-CURRENT> 66,903,760
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 31,607,941
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (40,366,752)
<NET-ASSETS> 776,418,460
<DIVIDEND-INCOME> 24,123,563
<INTEREST-INCOME> 52,504,261
<OTHER-INCOME> 0
<EXPENSES-NET> (4,860,132)
<NET-INVESTMENT-INCOME> 71,767,692
<REALIZED-GAINS-CURRENT> 24,830,510
<APPREC-INCREASE-CURRENT> (113,078,942)
<NET-CHANGE-FROM-OPS> (16,480,740)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (80,764,333)
<DISTRIBUTIONS-OF-GAINS> (28,938,989)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,371,112
<NUMBER-OF-SHARES-REDEEMED> (26,903,414)
<SHARES-REINVESTED> 7,222,075
<NET-CHANGE-IN-ASSETS> (409,421,429)
<ACCUMULATED-NII-PRIOR> 82,921,968
<ACCUMULATED-GAINS-PRIOR> 28,754,109
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (4,605,869)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,860,132)
<AVERAGE-NET-ASSETS> 968,016,834
<PER-SHARE-NAV-BEGIN> 16.920
<PER-SHARE-NII> 1.190<F1>
<PER-SHARE-GAIN-APPREC> (1.430)<F1>
<PER-SHARE-DIVIDEND> (1.460)
<PER-SHARE-DISTRIBUTIONS> (.530)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 14.690
<EXPENSE-RATIO> .500
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 092
<NAME> FRANKLIN INCOME SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 805,480,391
<INVESTMENTS-AT-VALUE> 765,114,992
<RECEIVABLES> 13,285,564
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 778,400,556
<PAYABLE-FOR-SECURITIES> 386,777
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,595,319
<TOTAL-LIABILITIES> 1,982,096
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 718,273,511
<SHARES-COMMON-STOCK> 88,921
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 66,903,760
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 31,607,941
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (40,366,752)
<NET-ASSETS> 776,418,460
<DIVIDEND-INCOME> 24,123,563
<INTEREST-INCOME> 52,504,261
<OTHER-INCOME> 0
<EXPENSES-NET> (4,860,132)
<NET-INVESTMENT-INCOME> 71,767,692
<REALIZED-GAINS-CURRENT> 24,830,510
<APPREC-INCREASE-CURRENT> (113,078,942)
<NET-CHANGE-FROM-OPS> (16,480,740)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (43,625)
<DISTRIBUTIONS-OF-GAINS> (15,631)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 85,907
<NUMBER-OF-SHARES-REDEEMED> (892)
<SHARES-REINVESTED> 3,906
<NET-CHANGE-IN-ASSETS> (409,421,429)
<ACCUMULATED-NII-PRIOR> 82,921,968
<ACCUMULATED-GAINS-PRIOR> 28,754,109
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (4,605,869)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,860,132)
<AVERAGE-NET-ASSETS> 968,016,834
<PER-SHARE-NAV-BEGIN> 17.070
<PER-SHARE-NII> 1.100<F1>
<PER-SHARE-GAIN-APPREC> (1.530)<F1>
<PER-SHARE-DIVIDEND> (1.460)
<PER-SHARE-DISTRIBUTIONS> (.530)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 14.650
<EXPENSE-RATIO> .750<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 101
<NAME> FRANKLIN U.S. GOVERNMENT FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 519,266,530
<INVESTMENTS-AT-VALUE> 502,542,173
<RECEIVABLES> 15,131,435
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 517,673,608
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 763,302
<TOTAL-LIABILITIES> 763,302
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 544,080,011
<SHARES-COMMON-STOCK> 43,707,548
<SHARES-COMMON-PRIOR> 51,193,736
<ACCUMULATED-NII-CURRENT> 429,066
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (10,874,414)
<ACCUM-APPREC-OR-DEPREC> (16,724,357)
<NET-ASSETS> 516,910,306
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 41,275,425
<OTHER-INCOME> 0
<EXPENSES-NET> (3,112,611)
<NET-INVESTMENT-INCOME> 38,162,814
<REALIZED-GAINS-CURRENT> 2,048,000
<APPREC-INCREASE-CURRENT> (45,913,508)
<NET-CHANGE-FROM-OPS> (5,702,694)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (82,724,494)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,229,311
<NUMBER-OF-SHARES-REDEEMED> (18,460,763)
<SHARES-REINVESTED> 6,745,264
<NET-CHANGE-IN-ASSETS> (193,921,617)
<ACCUMULATED-NII-PRIOR> 45,248,069
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (12,922,414)
<GROSS-ADVISORY-FEES> (3,000,062)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3,112,611)
<AVERAGE-NET-ASSETS> 611,107,787
<PER-SHARE-NAV-BEGIN> 13.890
<PER-SHARE-NII> .830<F1>
<PER-SHARE-GAIN-APPREC> (.960)<F1>
<PER-SHARE-DIVIDEND> (1.980)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.780
<EXPENSE-RATIO> .510
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 102
<NAME> FRANKLIN U.S. GOVERNMENT FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 519,266,530
<INVESTMENTS-AT-VALUE> 502,542,173
<RECEIVABLES> 15,131,435
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 517,673,608
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 763,302
<TOTAL-LIABILITIES> 763,302
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 544,080,011
<SHARES-COMMON-STOCK> 159,393
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 429,066
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (10,874,414)
<ACCUM-APPREC-OR-DEPREC> (16,724,357)
<NET-ASSETS> 516,910,306
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 41,275,425
<OTHER-INCOME> 0
<EXPENSES-NET> (3,112,611)
<NET-INVESTMENT-INCOME> 38,162,814
<REALIZED-GAINS-CURRENT> 2,048,000
<APPREC-INCREASE-CURRENT> (45,913,508)
<NET-CHANGE-FROM-OPS> (5,702,694)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (257,323)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 165,968
<NUMBER-OF-SHARES-REDEEMED> (27,670)
<SHARES-REINVESTED> 21,095
<NET-CHANGE-IN-ASSETS> (193,921,617)
<ACCUMULATED-NII-PRIOR> 45,248,069
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (12,922,414)
<GROSS-ADVISORY-FEES> (3,000,062)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3,112,611)
<AVERAGE-NET-ASSETS> 611,107,787
<PER-SHARE-NAV-BEGIN> 13.890
<PER-SHARE-NII> .770<F1>
<PER-SHARE-GAIN-APPREC> (.920)<F1>
<PER-SHARE-DIVIDEND> (1.960)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.780
<EXPENSE-RATIO> .770<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 121
<NAME> FRANKLIN ZERO COUPON FUND - 2000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 66,663,129
<INVESTMENTS-AT-VALUE> 67,807,338
<RECEIVABLES> 3,241,376
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 71,048,714
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 131,173
<TOTAL-LIABILITIES> 131,173
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 69,050,781
<SHARES-COMMON-STOCK> 5,642,030
<SHARES-COMMON-PRIOR> 6,315,319
<ACCUMULATED-NII-CURRENT> 68,432
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 654,117
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,144,209
<NET-ASSETS> 70,917,539
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,070,884
<OTHER-INCOME> 0
<EXPENSES-NET> (523,766)
<NET-INVESTMENT-INCOME> 5,547,118
<REALIZED-GAINS-CURRENT> 654,496
<APPREC-INCREASE-CURRENT> (3,836,376)
<NET-CHANGE-FROM-OPS> 2,365,238
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12,195,607)
<DISTRIBUTIONS-OF-GAINS> (1,752,252)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 400,191
<NUMBER-OF-SHARES-REDEEMED> (2,141,832)
<SHARES-REINVESTED> 1,068,352
<NET-CHANGE-IN-ASSETS> (22,625,286)
<ACCUMULATED-NII-PRIOR> 6,716,921
<ACCUMULATED-GAINS-PRIOR> 1,751,873
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (506,237)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (523,766)
<AVERAGE-NET-ASSETS> 80,997,112
<PER-SHARE-NAV-BEGIN> 14.810
<PER-SHARE-NII> .980<F1>
<PER-SHARE-GAIN-APPREC> (.550)<F1>
<PER-SHARE-DIVIDEND> (2.330)
<PER-SHARE-DISTRIBUTIONS> (.340)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 12.570
<EXPENSE-RATIO> .650
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 131
<NAME> FRANKLIN ZERO COUPON FUND - 2005
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 63,315,322
<INVESTMENTS-AT-VALUE> 65,917,865
<RECEIVABLES> 165,203
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 66,083,068
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 188,204
<TOTAL-LIABILITIES> 188,204
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,658,136
<SHARES-COMMON-STOCK> 4,541,817
<SHARES-COMMON-PRIOR> 4,761,895
<ACCUMULATED-NII-CURRENT> 57,529
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,576,656
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,602,543
<NET-ASSETS> 65,894,864
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,946,023
<OTHER-INCOME> 0
<EXPENSES-NET> (485,301)
<NET-INVESTMENT-INCOME> 4,460,722
<REALIZED-GAINS-CURRENT> 1,576,951
<APPREC-INCREASE-CURRENT> (10,787,808)
<NET-CHANGE-FROM-OPS> (4,750,135)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,038,860)
<DISTRIBUTIONS-OF-GAINS> (453,570)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 616,940
<NUMBER-OF-SHARES-REDEEMED> (1,462,565)
<SHARES-REINVESTED> 625,547
<NET-CHANGE-IN-ASSETS> (18,592,522)
<ACCUMULATED-NII-PRIOR> 4,635,667
<ACCUMULATED-GAINS-PRIOR> 453,275
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (470,096)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (485,301)
<AVERAGE-NET-ASSETS> 75,211,744
<PER-SHARE-NAV-BEGIN> 17.740
<PER-SHARE-NII> .980<F1>
<PER-SHARE-GAIN-APPREC> (2.010)<F1>
<PER-SHARE-DIVIDEND> (2.100)
<PER-SHARE-DISTRIBUTIONS> (.100)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 14.510
<EXPENSE-RATIO> .650
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 141
<NAME> FRANKLIN ZERO COUPON FUND - 2010
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 62,664,376
<INVESTMENTS-AT-VALUE> 66,432,342
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 66,432,342
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 383,000
<TOTAL-LIABILITIES> 383,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,318,915
<SHARES-COMMON-STOCK> 4,668,716
<SHARES-COMMON-PRIOR> 4,908,874
<ACCUMULATED-NII-CURRENT> 58,754
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 903,707
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,767,966
<NET-ASSETS> 66,049,342
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,211,404
<OTHER-INCOME> 0
<EXPENSES-NET> (523,669)
<NET-INVESTMENT-INCOME> 4,687,735
<REALIZED-GAINS-CURRENT> 996,100
<APPREC-INCREASE-CURRENT> (16,515,434)
<NET-CHANGE-FROM-OPS> (10,831,599)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,535,103)
<DISTRIBUTIONS-OF-GAINS> (2,318,943)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,559,718
<NUMBER-OF-SHARES-REDEEMED> (2,579,464)
<SHARES-REINVESTED> 779,588
<NET-CHANGE-IN-ASSETS> (27,465,793)
<ACCUMULATED-NII-PRIOR> 4,906,277
<ACCUMULATED-GAINS-PRIOR> 2,226,393
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (502,424)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (523,669)
<AVERAGE-NET-ASSETS> 80,381,579
<PER-SHARE-NAV-BEGIN> 19.050
<PER-SHARE-NII> .990<F1>
<PER-SHARE-GAIN-APPREC> (3.240)<F1>
<PER-SHARE-DIVIDEND> (2.140)
<PER-SHARE-DISTRIBUTIONS> (.510)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 14.150
<EXPENSE-RATIO> .650
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 161
<NAME> FRANKLIN RISING DIVIDENDS SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 400,163,698
<INVESTMENTS-AT-VALUE> 441,913,609
<RECEIVABLES> 10,423,494
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 452,337,103
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,239,198
<TOTAL-LIABILITIES> 1,239,198
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 339,324,208
<SHARES-COMMON-STOCK> 33,103,810
<SHARES-COMMON-PRIOR> 41,526,463
<ACCUMULATED-NII-CURRENT> 7,986,383
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 62,037,403
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 41,749,911
<NET-ASSETS> 451,097,905
<DIVIDEND-INCOME> 11,987,239
<INTEREST-INCOME> 417,263
<OTHER-INCOME> 0
<EXPENSES-NET> (4,417,169)
<NET-INVESTMENT-INCOME> 7,987,333
<REALIZED-GAINS-CURRENT> 62,450,636
<APPREC-INCREASE-CURRENT> (130,647,558)
<NET-CHANGE-FROM-OPS> (60,209,589)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,355,158)
<DISTRIBUTIONS-OF-GAINS> (93,725,124)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,446,386
<NUMBER-OF-SHARES-REDEEMED> (17,468,289)
<SHARES-REINVESTED> 6,599,250
<NET-CHANGE-IN-ASSETS> (300,771,092)
<ACCUMULATED-NII-PRIOR> 9,359,456
<ACCUMULATED-GAINS-PRIOR> 93,364,473
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (4,308,795)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,417,169)
<AVERAGE-NET-ASSETS> 590,310,974
<PER-SHARE-NAV-BEGIN> 18.110
<PER-SHARE-NII> .220<F1>
<PER-SHARE-GAIN-APPREC> (1.570)<F1>
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (2.860)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 13.610
<EXPENSE-RATIO> .750
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 162
<NAME> FRANKLIN RISING DIVIDENDS SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 400,163,698
<INVESTMENTS-AT-VALUE> 441,913,609
<RECEIVABLES> 10,423,494
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 452,337,103
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,239,198
<TOTAL-LIABILITIES> 1,239,198
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 339,324,208
<SHARES-COMMON-STOCK> 40,466
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 7,986,383
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 62,037,403
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 41,749,911
<NET-ASSETS> 451,097,905
<DIVIDEND-INCOME> 11,987,239
<INTEREST-INCOME> 417,263
<OTHER-INCOME> 0
<EXPENSES-NET> (4,417,169)
<NET-INVESTMENT-INCOME> 7,987,333
<REALIZED-GAINS-CURRENT> 62,450,636
<APPREC-INCREASE-CURRENT> (130,647,558)
<NET-CHANGE-FROM-OPS> (60,209,589)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,248)
<DISTRIBUTIONS-OF-GAINS> (52,582)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38,839
<NUMBER-OF-SHARES-REDEEMED> (2,082)
<SHARES-REINVESTED> 3,709
<NET-CHANGE-IN-ASSETS> (300,771,092)
<ACCUMULATED-NII-PRIOR> 9,359,456
<ACCUMULATED-GAINS-PRIOR> 93,364,473
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (4,308,795)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,417,169)
<AVERAGE-NET-ASSETS> 590,310,974
<PER-SHARE-NAV-BEGIN> 18.280
<PER-SHARE-NII> .170<F1>
<PER-SHARE-GAIN-APPREC> (1.740)<F1>
<PER-SHARE-DIVIDEND> (.290)
<PER-SHARE-DISTRIBUTIONS> (2.860)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 13.560
<EXPENSE-RATIO> 1.010<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 171
<NAME> TEMPLETON PACIFIC GROWTH FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 105,800,704
<INVESTMENTS-AT-VALUE> 91,470,451
<RECEIVABLES> 4,861,237
<ASSETS-OTHER> 865,453
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 97,197,141
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 346,766
<TOTAL-LIABILITIES> 346,766
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 162,730,683
<SHARES-COMMON-STOCK> 9,490,308
<SHARES-COMMON-PRIOR> 13,152,815
<ACCUMULATED-NII-CURRENT> 91,959
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (51,642,014)
<ACCUM-APPREC-OR-DEPREC> (14,330,253)
<NET-ASSETS> 96,850,375
<DIVIDEND-INCOME> 1,938,963
<INTEREST-INCOME> 60,334
<OTHER-INCOME> 0
<EXPENSES-NET> (1,075,699)
<NET-INVESTMENT-INCOME> 923,598
<REALIZED-GAINS-CURRENT> (26,812,507)
<APPREC-INCREASE-CURRENT> 59,288,312
<NET-CHANGE-FROM-OPS> 33,399,403
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (982,376)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 37,570,852
<NUMBER-OF-SHARES-REDEEMED> (41,329,954)
<SHARES-REINVESTED> 96,595
<NET-CHANGE-IN-ASSETS> (1,919,010)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (24,677,894)
<GROSS-ADVISORY-FEES> (995,038)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,075,699)
<AVERAGE-NET-ASSETS> 99,503,783
<PER-SHARE-NAV-BEGIN> 7.510
<PER-SHARE-NII> .080<F1>
<PER-SHARE-GAIN-APPREC> 2.700<F1>
<PER-SHARE-DIVIDEND> (.100)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.190
<EXPENSE-RATIO> 1.080
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 172
<NAME> TEMPLETON PACIFIC GROWTH FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 105,800,704
<INVESTMENTS-AT-VALUE> 91,470,451
<RECEIVABLES> 4,861,237
<ASSETS-OTHER> 865,453
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 97,197,141
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 346,766
<TOTAL-LIABILITIES> 346,766
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 162,730,683
<SHARES-COMMON-STOCK> 10,984
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 91,959
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (51,642,014)
<ACCUM-APPREC-OR-DEPREC> (14,330,253)
<NET-ASSETS> 96,850,375
<DIVIDEND-INCOME> 1,938,963
<INTEREST-INCOME> 60,334
<OTHER-INCOME> 0
<EXPENSES-NET> (1,075,699)
<NET-INVESTMENT-INCOME> 923,598
<REALIZED-GAINS-CURRENT> (26,812,507)
<APPREC-INCREASE-CURRENT> 59,288,312
<NET-CHANGE-FROM-OPS> 33,399,403
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (876)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 494,861
<NUMBER-OF-SHARES-REDEEMED> (483,963)
<SHARES-REINVESTED> 86
<NET-CHANGE-IN-ASSETS> (1,919,010)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (24,677,894)
<GROSS-ADVISORY-FEES> (995,038)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,075,699)
<AVERAGE-NET-ASSETS> 99,503,783
<PER-SHARE-NAV-BEGIN> 7.630
<PER-SHARE-NII> .060<F1>
<PER-SHARE-GAIN-APPREC> 2.590<F1>
<PER-SHARE-DIVIDEND> (.080)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.200
<EXPENSE-RATIO> 1.360<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 181
<NAME> TEMPLETON INTERNATIONAL EQUITY FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 584,362,875
<INVESTMENTS-AT-VALUE> 734,028,688
<RECEIVABLES> 49,022,050
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 783,050,738
<PAYABLE-FOR-SECURITIES> 38,774
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,742,972
<TOTAL-LIABILITIES> 2,781,746
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 446,023,861
<SHARES-COMMON-STOCK> 43,288,146
<SHARES-COMMON-PRIOR> 61,584,184
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (580,604)
<ACCUMULATED-NET-GAINS> 185,159,922
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 149,665,813
<NET-ASSETS> 780,268,992
<DIVIDEND-INCOME> 23,609,099
<INTEREST-INCOME> 1,793,509
<OTHER-INCOME> 0
<EXPENSES-NET> (7,363,873)
<NET-INVESTMENT-INCOME> 18,038,735
<REALIZED-GAINS-CURRENT> 182,798,732
<APPREC-INCREASE-CURRENT> (12,829,338)
<NET-CHANGE-FROM-OPS> 188,008,129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (46,371,064)
<DISTRIBUTIONS-OF-GAINS> (24,017,474)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,536,395
<NUMBER-OF-SHARES-REDEEMED> (32,083,168)
<SHARES-REINVESTED> 4,250,735
<NET-CHANGE-IN-ASSETS> (175,631,110)
<ACCUMULATED-NII-PRIOR> 30,263,329
<ACCUMULATED-GAINS-PRIOR> 24,069,715
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (6,729,368)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (7,363,873)
<AVERAGE-NET-ASSETS> 817,016,655
<PER-SHARE-NAV-BEGIN> 15.520
<PER-SHARE-NII> .360<F1>
<PER-SHARE-GAIN-APPREC> 3.620<F1>
<PER-SHARE-DIVIDEND> (1.030)
<PER-SHARE-DISTRIBUTIONS> (.520)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 17.950
<EXPENSE-RATIO> .900
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 182
<NAME> TEMPLETON INTERNATIONAL EQUITY FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 584,362,875
<INVESTMENTS-AT-VALUE> 734,028,688
<RECEIVABLES> 49,022,050
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 783,050,738
<PAYABLE-FOR-SECURITIES> 38,774
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,742,972
<TOTAL-LIABILITIES> 2,781,746
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 446,023,861
<SHARES-COMMON-STOCK> 180,538
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (580,604)
<ACCUMULATED-NET-GAINS> 185,159,922
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 149,665,813
<NET-ASSETS> 780,268,992
<DIVIDEND-INCOME> 23,609,099
<INTEREST-INCOME> 1,793,509
<OTHER-INCOME> 0
<EXPENSES-NET> (7,363,873)
<NET-INVESTMENT-INCOME> 18,038,735
<REALIZED-GAINS-CURRENT> 182,798,732
<APPREC-INCREASE-CURRENT> (12,829,338)
<NET-CHANGE-FROM-OPS> 188,008,129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (147,014)
<DISTRIBUTIONS-OF-GAINS> (55,641)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,929,787
<NUMBER-OF-SHARES-REDEEMED> (6,761,339)
<SHARES-REINVESTED> 12,090
<NET-CHANGE-IN-ASSETS> (175,631,110)
<ACCUMULATED-NII-PRIOR> 30,263,329
<ACCUMULATED-GAINS-PRIOR> 24,069,715
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (6,729,368)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (7,363,873)
<AVERAGE-NET-ASSETS> 817,016,655
<PER-SHARE-NAV-BEGIN> 16.240
<PER-SHARE-NII> .280<F1>
<PER-SHARE-GAIN-APPREC> 2.890<F1>
<PER-SHARE-DIVIDEND> (.990)
<PER-SHARE-DISTRIBUTIONS> (.520)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 17.900
<EXPENSE-RATIO> 1.170<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 191
<NAME> TEMPLETON DEVELOPING MARKETS EQUITY FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 147,089,731
<INVESTMENTS-AT-VALUE> 187,915,549
<RECEIVABLES> 3,280,466
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191,196,015
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,820,649
<TOTAL-LIABILITIES> 1,820,649
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 218,447,964
<SHARES-COMMON-STOCK> 18,016,256
<SHARES-COMMON-PRIOR> 23,505,375
<ACCUMULATED-NII-CURRENT> 1,222,672
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (71,121,088)
<ACCUM-APPREC-OR-DEPREC> 40,825,818
<NET-ASSETS> 189,375,366
<DIVIDEND-INCOME> 4,068,177
<INTEREST-INCOME> 32,409
<OTHER-INCOME> 0
<EXPENSES-NET> (2,359,926)
<NET-INVESTMENT-INCOME> 1,740,660
<REALIZED-GAINS-CURRENT> (34,701,377)
<APPREC-INCREASE-CURRENT> 107,019,557
<NET-CHANGE-FROM-OPS> 74,058,840
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,408,057)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,881,288
<NUMBER-OF-SHARES-REDEEMED> (9,742,060)
<SHARES-REINVESTED> 371,653
<NET-CHANGE-IN-ASSETS> 26,942,079
<ACCUMULATED-NII-PRIOR> 3,107,117
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (36,634,757)
<GROSS-ADVISORY-FEES> (2,116,025)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,359,926)
<AVERAGE-NET-ASSETS> 169,281,994
<PER-SHARE-NAV-BEGIN> 6.910
<PER-SHARE-NII> .090<F1>
<PER-SHARE-GAIN-APPREC> 3.660<F1>
<PER-SHARE-DIVIDEND> (.170)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.490
<EXPENSE-RATIO> 1.390
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 192
<NAME> TEMPLETON DEVELOPING MARKETS EQUITY FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 147,089,731
<INVESTMENTS-AT-VALUE> 187,915,549
<RECEIVABLES> 3,280,466
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 191,196,015
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,820,649
<TOTAL-LIABILITIES> 1,820,649
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 218,447,964
<SHARES-COMMON-STOCK> 33,093
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,222,672
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (71,121,088)
<ACCUM-APPREC-OR-DEPREC> 40,825,818
<NET-ASSETS> 189,375,366
<DIVIDEND-INCOME> 4,068,177
<INTEREST-INCOME> 32,409
<OTHER-INCOME> 0
<EXPENSES-NET> (2,359,926)
<NET-INVESTMENT-INCOME> 1,740,660
<REALIZED-GAINS-CURRENT> (34,701,377)
<APPREC-INCREASE-CURRENT> 107,019,557
<NET-CHANGE-FROM-OPS> 74,058,840
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,002)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,208,177
<NUMBER-OF-SHARES-REDEEMED> (3,175,302)
<SHARES-REINVESTED> 218
<NET-CHANGE-IN-ASSETS> 26,942,079
<ACCUMULATED-NII-PRIOR> 3,107,117
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (36,634,757)
<GROSS-ADVISORY-FEES> (2,116,025)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,359,926)
<AVERAGE-NET-ASSETS> 169,281,994
<PER-SHARE-NAV-BEGIN> 7.220
<PER-SHARE-NII> .020<F1>
<PER-SHARE-GAIN-APPREC> 3.390<F1>
<PER-SHARE-DIVIDEND> (.170)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.460
<EXPENSE-RATIO> 1.670<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 201
<NAME> TEMPLETON GLOBAL GROWTH FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 584,327,494
<INVESTMENTS-AT-VALUE> 677,841,102
<RECEIVABLES> 36,011,909
<ASSETS-OTHER> 1,048
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 713,854,059
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,060,609
<TOTAL-LIABILITIES> 1,060,609
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 534,050,042
<SHARES-COMMON-STOCK> 45,321,675
<SHARES-COMMON-PRIOR> 50,584,398
<ACCUMULATED-NII-CURRENT> 11,248,397
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 73,981,403
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 93,513,608
<NET-ASSETS> 712,793,450
<DIVIDEND-INCOME> 17,650,467
<INTEREST-INCOME> 1,839,194
<OTHER-INCOME> 0
<EXPENSES-NET> (6,248,864)
<NET-INVESTMENT-INCOME> 13,240,797
<REALIZED-GAINS-CURRENT> 72,994,064
<APPREC-INCREASE-CURRENT> 47,953,928
<NET-CHANGE-FROM-OPS> 134,188,789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (15,661,321)
<DISTRIBUTIONS-OF-GAINS> (75,768,827)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,559,626
<NUMBER-OF-SHARES-REDEEMED> (15,136,586)
<SHARES-REINVESTED> 6,314,237
<NET-CHANGE-IN-ASSETS> (34,286,904)
<ACCUMULATED-NII-PRIOR> 14,679,029
<ACCUMULATED-GAINS-PRIOR> 75,861,313
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (5,923,920)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (6,248,864)
<AVERAGE-NET-ASSETS> 709,855,954
<PER-SHARE-NAV-BEGIN> 14.770
<PER-SHARE-NII> .280<F1>
<PER-SHARE-GAIN-APPREC> 2.660<F1>
<PER-SHARE-DIVIDEND> (.360)
<PER-SHARE-DISTRIBUTIONS> (1.720)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 15.630
<EXPENSE-RATIO> .880
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 202
<NAME> TEMPLETON GLOBAL GROWTH FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 584,327,494
<INVESTMENTS-AT-VALUE> 677,841,102
<RECEIVABLES> 36,011,909
<ASSETS-OTHER> 1,048
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 713,854,059
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,060,609
<TOTAL-LIABILITIES> 1,060,609
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 534,050,042
<SHARES-COMMON-STOCK> 287,317
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 11,248,397
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 73,981,403
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 93,513,608
<NET-ASSETS> 712,793,450
<DIVIDEND-INCOME> 17,650,467
<INTEREST-INCOME> 1,839,194
<OTHER-INCOME> 0
<EXPENSES-NET> (6,248,864)
<NET-INVESTMENT-INCOME> 13,240,797
<REALIZED-GAINS-CURRENT> 72,994,064
<APPREC-INCREASE-CURRENT> 47,953,928
<NET-CHANGE-FROM-OPS> 134,188,789
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19,742)
<DISTRIBUTIONS-OF-GAINS> (95,513)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,228,083
<NUMBER-OF-SHARES-REDEEMED> (2,948,742)
<SHARES-REINVESTED> 7,976
<NET-CHANGE-IN-ASSETS> (34,286,904)
<ACCUMULATED-NII-PRIOR> 14,679,029
<ACCUMULATED-GAINS-PRIOR> 75,861,313
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (5,923,920)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (6,248,864)
<AVERAGE-NET-ASSETS> 709,855,954
<PER-SHARE-NAV-BEGIN> 15.340
<PER-SHARE-NII> .170<F1>
<PER-SHARE-GAIN-APPREC> 2.170<F1>
<PER-SHARE-DIVIDEND> (.360)
<PER-SHARE-DISTRIBUTIONS> (1.720)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 15.600
<EXPENSE-RATIO> 1.140<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 211
<NAME> TEMPLETON GLOBAL ASSET ALLOCATION FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 57,041,054
<INVESTMENTS-AT-VALUE> 59,236,545
<RECEIVABLES> 2,774,905
<ASSETS-OTHER> 964
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 62,012,414
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 372,676
<TOTAL-LIABILITIES> 372,676
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,234,998
<SHARES-COMMON-STOCK> 5,214,732
<SHARES-COMMON-PRIOR> 6,446,500
<ACCUMULATED-NII-CURRENT> 103,182
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1,856,176)
<ACCUM-APPREC-OR-DEPREC> 2,157,734
<NET-ASSETS> 61,639,738
<DIVIDEND-INCOME> 1,320,763
<INTEREST-INCOME> 1,474,063
<OTHER-INCOME> 0
<EXPENSES-NET> (566,194)
<NET-INVESTMENT-INCOME> 2,228,632
<REALIZED-GAINS-CURRENT> (1,009,042)
<APPREC-INCREASE-CURRENT> 3,338,065
<NET-CHANGE-FROM-OPS> 4,557,655
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,646,077)
<DISTRIBUTIONS-OF-GAINS> (4,576,289)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 369,621
<NUMBER-OF-SHARES-REDEEMED> (2,380,619)
<SHARES-REINVESTED> 779,230
<NET-CHANGE-IN-ASSETS> (20,029,880)
<ACCUMULATED-NII-PRIOR> 2,772,913
<ACCUMULATED-GAINS-PRIOR> 3,482,850
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (450,496)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (566,194)
<AVERAGE-NET-ASSETS> 69,307,051
<PER-SHARE-NAV-BEGIN> 12.670
<PER-SHARE-NII> .390<F1>
<PER-SHARE-GAIN-APPREC> .530<F1>
<PER-SHARE-DIVIDEND> (.900)
<PER-SHARE-DISTRIBUTIONS> (.880)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.810
<EXPENSE-RATIO> .820
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 212
<NAME> TEMPLETON GLOBAL ASSET ALLOCATION FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 57,041,054
<INVESTMENTS-AT-VALUE> 59,236,545
<RECEIVABLES> 2,774,905
<ASSETS-OTHER> 964
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 62,012,414
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 372,676
<TOTAL-LIABILITIES> 372,676
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,234,998
<SHARES-COMMON-STOCK> 4,401
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 103,182
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1,856,176)
<ACCUM-APPREC-OR-DEPREC> 2,157,734
<NET-ASSETS> 61,639,738
<DIVIDEND-INCOME> 1,320,763
<INTEREST-INCOME> 1,474,063
<OTHER-INCOME> 0
<EXPENSES-NET> (566,194)
<NET-INVESTMENT-INCOME> 2,228,632
<REALIZED-GAINS-CURRENT> (1,009,042)
<APPREC-INCREASE-CURRENT> 3,338,065
<NET-CHANGE-FROM-OPS> 4,557,655
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,126)
<DISTRIBUTIONS-OF-GAINS> (2,855)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,796
<NUMBER-OF-SHARES-REDEEMED> (901)
<SHARES-REINVESTED> 506
<NET-CHANGE-IN-ASSETS> (20,029,880)
<ACCUMULATED-NII-PRIOR> 2,772,913
<ACCUMULATED-GAINS-PRIOR> 3,482,850
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (450,496)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (566,194)
<AVERAGE-NET-ASSETS> 69,307,051
<PER-SHARE-NAV-BEGIN> 12.940
<PER-SHARE-NII> .320<F1>
<PER-SHARE-GAIN-APPREC> .290<F1>
<PER-SHARE-DIVIDEND> (.880)
<PER-SHARE-DISTRIBUTIONS> (.880)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.790
<EXPENSE-RATIO> 1.070<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 221
<NAME> FRANKLIN SMALL CAP FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 244,705,293
<INVESTMENTS-AT-VALUE> 466,777,530
<RECEIVABLES> 28,725,457
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 495,502,987
<PAYABLE-FOR-SECURITIES> 380,813
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 903,312
<TOTAL-LIABILITIES> 1,284,125
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 236,277,820
<SHARES-COMMON-STOCK> 18,165,015
<SHARES-COMMON-PRIOR> 22,999,329
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (103)
<ACCUMULATED-NET-GAINS> 35,868,908
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 222,072,237
<NET-ASSETS> 494,218,862
<DIVIDEND-INCOME> 1,421,876
<INTEREST-INCOME> 850,619
<OTHER-INCOME> 0
<EXPENSES-NET> (2,434,167)
<NET-INVESTMENT-INCOME> (161,672)
<REALIZED-GAINS-CURRENT> 36,534,411
<APPREC-INCREASE-CURRENT> 205,811,890
<NET-CHANGE-FROM-OPS> 242,184,629
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,492,353)
<DISTRIBUTIONS-OF-GAINS> (208,580)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,623,402
<NUMBER-OF-SHARES-REDEEMED> (10,564,693)
<SHARES-REINVESTED> 106,977
<NET-CHANGE-IN-ASSETS> 178,759,004
<ACCUMULATED-NII-PRIOR> 1,532,535
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (334,864)
<GROSS-ADVISORY-FEES> (2,375,111)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,434,167)
<AVERAGE-NET-ASSETS> 316,897,770
<PER-SHARE-NAV-BEGIN> 13.720
<PER-SHARE-NII> (.010)<F1>
<PER-SHARE-GAIN-APPREC> 13.250<F1>
<PER-SHARE-DIVIDEND> (.080)
<PER-SHARE-DISTRIBUTIONS> (.010)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 26.870
<EXPENSE-RATIO> .770
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 222
<NAME> FRANKLIN SMALL CAP FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 244,705,293
<INVESTMENTS-AT-VALUE> 466,777,530
<RECEIVABLES> 28,725,457
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 495,502,987
<PAYABLE-FOR-SECURITIES> 380,813
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 903,312
<TOTAL-LIABILITIES> 1,284,125
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 236,277,820
<SHARES-COMMON-STOCK> 229,712
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (103)
<ACCUMULATED-NET-GAINS> 35,868,908
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 222,072,237
<NET-ASSETS> 494,218,862
<DIVIDEND-INCOME> 1,421,876
<INTEREST-INCOME> 850,619
<OTHER-INCOME> 0
<EXPENSES-NET> (2,434,167)
<NET-INVESTMENT-INCOME> (161,672)
<REALIZED-GAINS-CURRENT> 36,534,411
<APPREC-INCREASE-CURRENT> 205,811,890
<NET-CHANGE-FROM-OPS> 242,184,629
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (619)
<DISTRIBUTIONS-OF-GAINS> (53)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 237,253
<NUMBER-OF-SHARES-REDEEMED> (7,583)
<SHARES-REINVESTED> 42
<NET-CHANGE-IN-ASSETS> 178,759,004
<ACCUMULATED-NII-PRIOR> 1,532,535
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (334,864)
<GROSS-ADVISORY-FEES> (2,375,111)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,434,167)
<AVERAGE-NET-ASSETS> 316,897,770
<PER-SHARE-NAV-BEGIN> 14.250
<PER-SHARE-NII> (.040)<F1>
<PER-SHARE-GAIN-APPREC> 12.680<F1>
<PER-SHARE-DIVIDEND> (.080)
<PER-SHARE-DISTRIBUTIONS> (.010)
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 26.800
<EXPENSE-RATIO> 1.020<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 231
<NAME> FRANKLIN LARGE CAP GROWTH SECURITIES FUND - CLASS 1<F5>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 275,530,987
<INVESTMENTS-AT-VALUE> 388,589,010
<RECEIVABLES> 24,196,692
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 412,785,702
<PAYABLE-FOR-SECURITIES> 3,941,450
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 787,785
<TOTAL-LIABILITIES> 4,729,235
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 269,842,484
<SHARES-COMMON-STOCK> 19,338,106
<SHARES-COMMON-PRIOR> 13,740,476
<ACCUMULATED-NII-CURRENT> 2,086,309
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 23,069,651
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 113,058,023
<NET-ASSETS> 408,056,467
<DIVIDEND-INCOME> 2,583,330
<INTEREST-INCOME> 2,058,028
<OTHER-INCOME> 0
<EXPENSES-NET> (2,553,783)
<NET-INVESTMENT-INCOME> 2,087,575
<REALIZED-GAINS-CURRENT> 26,589,913
<APPREC-INCREASE-CURRENT> 68,147,813
<NET-CHANGE-FROM-OPS> 96,825,301
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,509,956)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14,376,691
<NUMBER-OF-SHARES-REDEEMED> (8,863,652)
<SHARES-REINVESTED> 84,591
<NET-CHANGE-IN-ASSETS> 187,104,829
<ACCUMULATED-NII-PRIOR> 1,509,991
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (3,520,262)
<GROSS-ADVISORY-FEES> (2,501,063)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,553,783)
<AVERAGE-NET-ASSETS> 333,498,745
<PER-SHARE-NAV-BEGIN> 16.080
<PER-SHARE-NII> .110<F1>
<PER-SHARE-GAIN-APPREC> 4.960<F1>
<PER-SHARE-DIVIDEND> (.080)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 21.070
<EXPENSE-RATIO> .770
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F5>EFFECTIVE DECEMBER 15, 1999, THE NAME OF THE FRANKLIN CAPITAL GROWTH FUND
CHANGED TO THE FRANKLIN LARGE CAP GROWTH SECURITIES FUND. THE FUNDS' INVESTMENT
OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 232
<NAME> FRANKLIN LARGE CAP GROWTH SECURITIES FUND - CLASS 2<F5>
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 275,530,987
<INVESTMENTS-AT-VALUE> 388,589,010
<RECEIVABLES> 24,196,692
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 412,785,702
<PAYABLE-FOR-SECURITIES> 3,941,450
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 787,785
<TOTAL-LIABILITIES> 4,729,235
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 269,842,484
<SHARES-COMMON-STOCK> 25,776
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2,086,309
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 23,069,651
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 113,058,023
<NET-ASSETS> 408,056,467
<DIVIDEND-INCOME> 2,583,330
<INTEREST-INCOME> 2,058,028
<OTHER-INCOME> 0
<EXPENSES-NET> (2,553,783)
<NET-INVESTMENT-INCOME> 2,087,575
<REALIZED-GAINS-CURRENT> 26,589,913
<APPREC-INCREASE-CURRENT> 68,147,813
<NET-CHANGE-FROM-OPS> 96,825,301
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,301)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 89,707
<NUMBER-OF-SHARES-REDEEMED> (64,004)
<SHARES-REINVESTED> 73
<NET-CHANGE-IN-ASSETS> 187,104,829
<ACCUMULATED-NII-PRIOR> 1,509,991
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (3,520,262)
<GROSS-ADVISORY-FEES> (2,501,063)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,553,783)
<AVERAGE-NET-ASSETS> 333,498,745
<PER-SHARE-NAV-BEGIN> 16.470
<PER-SHARE-NII> .040<F1>
<PER-SHARE-GAIN-APPREC> 4.580<F1>
<PER-SHARE-DIVIDEND> (.080)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 21.010
<EXPENSE-RATIO> 1.02<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED
<F4>FOR THE PERIOD JANUARY 6,1999 (EFFECTIVE DATE) TO DECEMBER 31,1999.
<F5>EFFECTIVE DECEMBER 15, 1999, THE NAME OF THE FRANKLIN CAPITAL GROWTH FUND
CHANGED TO THE FRANKLIN LARGE CAP GROWTH SECURITIES FUND. THE FUNDS' INVESTMENT
OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 241
<NAME> TEMPLETON INTERNATIONAL SMALLER COMPANIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 20,929,182
<INVESTMENTS-AT-VALUE> 23,892,680
<RECEIVABLES> 1,745,462
<ASSETS-OTHER> 243
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25,638,385
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48,236
<TOTAL-LIABILITIES> 48,236
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26,661,033
<SHARES-COMMON-STOCK> 2,126,632
<SHARES-COMMON-PRIOR> 2,718,508
<ACCUMULATED-NII-CURRENT> 502,859
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (4,537,241)
<ACCUM-APPREC-OR-DEPREC> 2,963,498
<NET-ASSETS> 25,590,149
<DIVIDEND-INCOME> 826,264
<INTEREST-INCOME> 32,478
<OTHER-INCOME> 0
<EXPENSES-NET> (265,329)
<NET-INVESTMENT-INCOME> 593,413
<REALIZED-GAINS-CURRENT> (2,013,654)
<APPREC-INCREASE-CURRENT> 6,488,119
<NET-CHANGE-FROM-OPS> 5,067,878
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (690,707)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 583,886
<NUMBER-OF-SHARES-REDEEMED> (1,240,556)
<SHARES-REINVESTED> 64,794
<NET-CHANGE-IN-ASSETS> 590,705
<ACCUMULATED-NII-PRIOR> 620,960
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (2,543,970)
<GROSS-ADVISORY-FEES> (201,942)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (265,329)
<AVERAGE-NET-ASSETS> 23,757,905
<PER-SHARE-NAV-BEGIN> 9.200
<PER-SHARE-NII> .260<F1>
<PER-SHARE-GAIN-APPREC> 1.930<F1>
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.070
<EXPENSE-RATIO> 1.110
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 242
<NAME> TEMPLETON INTERNATIONAL SMALLER COMPANIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 20,929,182
<INVESTMENTS-AT-VALUE> 23,892,680
<RECEIVABLES> 1,745,462
<ASSETS-OTHER> 243
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25,638,385
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48,236
<TOTAL-LIABILITIES> 48,236
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26,661,033
<SHARES-COMMON-STOCK> 185,021
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 502,859
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (4,537,241)
<ACCUM-APPREC-OR-DEPREC> 2,963,498
<NET-ASSETS> 25,590,149
<DIVIDEND-INCOME> 826,264
<INTEREST-INCOME> 32,478
<OTHER-INCOME> 0
<EXPENSES-NET> (265,329)
<NET-INVESTMENT-INCOME> 593,413
<REALIZED-GAINS-CURRENT> (2,013,654)
<APPREC-INCREASE-CURRENT> 6,488,119
<NET-CHANGE-FROM-OPS> 5,067,878
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (424)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,831,182
<NUMBER-OF-SHARES-REDEEMED> (2,646,201)
<SHARES-REINVESTED> 40
<NET-CHANGE-IN-ASSETS> 590,705
<ACCUMULATED-NII-PRIOR> 620,960
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (2,543,970)
<GROSS-ADVISORY-FEES> (201,942)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (265,329)
<AVERAGE-NET-ASSETS> 23,757,905
<PER-SHARE-NAV-BEGIN> 9.440
<PER-SHARE-NII> .130<F1>
<PER-SHARE-GAIN-APPREC> 1.820<F1>
<PER-SHARE-DIVIDEND> (.320)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.070
<EXPENSE-RATIO> 1.380<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 251
<NAME> MUTUAL DISCOVERY SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 162,676,561
<INVESTMENTS-AT-VALUE> 192,587,597
<RECEIVABLES> 3,820,425
<ASSETS-OTHER> 9,090,852
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 205,498,874
<PAYABLE-FOR-SECURITIES> 1,301,351
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,007,737
<TOTAL-LIABILITIES> 2,309,088
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 175,274,744
<SHARES-COMMON-STOCK> 14,940,641
<SHARES-COMMON-PRIOR> 19,904,649
<ACCUMULATED-NII-CURRENT> 4,226,422
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,818,567)
<ACCUM-APPREC-OR-DEPREC> 31,507,187
<NET-ASSETS> 203,189,786
<DIVIDEND-INCOME> 3,428,109
<INTEREST-INCOME> 1,464,797
<OTHER-INCOME> 0
<EXPENSES-NET> (2,026,429)
<NET-INVESTMENT-INCOME> 2,866,477
<REALIZED-GAINS-CURRENT> 7,012,275
<APPREC-INCREASE-CURRENT> 32,468,347
<NET-CHANGE-FROM-OPS> 42,347,099
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,872,849)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,982,385
<NUMBER-OF-SHARES-REDEEMED> (7,422,698)
<SHARES-REINVESTED> 476,305
<NET-CHANGE-IN-ASSETS> (21,466,391)
<ACCUMULATED-NII-PRIOR> 4,105,301
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (11,697,678)
<GROSS-ADVISORY-FEES> (1,617,147)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,026,429)
<AVERAGE-NET-ASSETS> 201,457,105
<PER-SHARE-NAV-BEGIN> 11.290
<PER-SHARE-NII> .170<F1>
<PER-SHARE-GAIN-APPREC> 2.480<F1>
<PER-SHARE-DIVIDEND> (.370)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 13.570
<EXPENSE-RATIO> 1.010<F5>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F5>THE EXPENSE RATIO EXCLUDING DIVIDEND EXPENSE ON SECURITIES SOLD SHORT IS
0.99%.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 252
<NAME> MUTUAL DISCOVERY SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 162,676,561
<INVESTMENTS-AT-VALUE> 192,587,597
<RECEIVABLES> 3,820,425
<ASSETS-OTHER> 9,090,852
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 205,498,874
<PAYABLE-FOR-SECURITIES> 1,301,351
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,007,737
<TOTAL-LIABILITIES> 2,309,088
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 175,274,744
<SHARES-COMMON-STOCK> 30,497
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 4,226,422
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,818,567)
<ACCUM-APPREC-OR-DEPREC> 31,507,187
<NET-ASSETS> 203,189,786
<DIVIDEND-INCOME> 3,428,109
<INTEREST-INCOME> 1,464,797
<OTHER-INCOME> 0
<EXPENSES-NET> (2,026,429)
<NET-INVESTMENT-INCOME> 2,866,477
<REALIZED-GAINS-CURRENT> 7,012,275
<APPREC-INCREASE-CURRENT> 32,468,347
<NET-CHANGE-FROM-OPS> 42,347,099
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,671)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 33,335
<NUMBER-OF-SHARES-REDEEMED> (3,299)
<SHARES-REINVESTED> 461
<NET-CHANGE-IN-ASSETS> (21,466,391)
<ACCUMULATED-NII-PRIOR> 4,105,301
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (11,697,678)
<GROSS-ADVISORY-FEES> (1,617,147)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,026,429)
<AVERAGE-NET-ASSETS> 201,457,105
<PER-SHARE-NAV-BEGIN> 11.650
<PER-SHARE-NII> .110<F1>
<PER-SHARE-GAIN-APPREC> 2.150<F1>
<PER-SHARE-DIVIDEND> (.370)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 13.540
<EXPENSE-RATIO> 1.270<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 261
<NAME> MUTUAL SHARES SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 389,697,003
<INVESTMENTS-AT-VALUE> 436,805,862
<RECEIVABLES> 9,139,669
<ASSETS-OTHER> 13,100,586
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 459,046,117
<PAYABLE-FOR-SECURITIES> 3,507,413
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,544,110
<TOTAL-LIABILITIES> 5,051,523
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 389,576,304
<SHARES-COMMON-STOCK> 33,894,944
<SHARES-COMMON-PRIOR> 40,335,247
<ACCUMULATED-NII-CURRENT> 8,337,233
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,886,339
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,194,718
<NET-ASSETS> 453,994,594
<DIVIDEND-INCOME> 5,743,802
<INTEREST-INCOME> 5,503,121
<OTHER-INCOME> 0
<EXPENSES-NET> (3,739,797)
<NET-INVESTMENT-INCOME> 7,507,126
<REALIZED-GAINS-CURRENT> 19,103,586
<APPREC-INCREASE-CURRENT> 31,554,044
<NET-CHANGE-FROM-OPS> 58,164,756
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12,213,087)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,163,014
<NUMBER-OF-SHARES-REDEEMED> (12,518,155)
<SHARES-REINVESTED> 914,838
<NET-CHANGE-IN-ASSETS> (28,449,093)
<ACCUMULATED-NII-PRIOR> 11,568,707
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (9,697,437)
<GROSS-ADVISORY-FEES> (2,833,172)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3,739,797)
<AVERAGE-NET-ASSETS> 472,086,290
<PER-SHARE-NAV-BEGIN> 11.960
<PER-SHARE-NII> .200<F1>
<PER-SHARE-GAIN-APPREC> 1.410<F1>
<PER-SHARE-DIVIDEND> (.340)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 13.230
<EXPENSE-RATIO> .780<F5>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F5>THE EXPENSE RATIO EXCLUDING DIVIDEND EXPENSE ON SECURITIES SOLD SHORT IS
0.77%.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 262
<NAME> MUTUAL SHARES SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 389,697,003
<INVESTMENTS-AT-VALUE> 436,805,862
<RECEIVABLES> 9,139,669
<ASSETS-OTHER> 13,100,586
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 459,046,117
<PAYABLE-FOR-SECURITIES> 3,507,413
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,544,110
<TOTAL-LIABILITIES> 5,051,523
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 389,576,304
<SHARES-COMMON-STOCK> 431,392
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,337,233
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,886,339
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,194,718
<NET-ASSETS> 453,994,594
<DIVIDEND-INCOME> 5,743,802
<INTEREST-INCOME> 5,503,121
<OTHER-INCOME> 0
<EXPENSES-NET> (3,739,797)
<NET-INVESTMENT-INCOME> 7,507,126
<REALIZED-GAINS-CURRENT> 19,103,586
<APPREC-INCREASE-CURRENT> 31,554,044
<NET-CHANGE-FROM-OPS> 58,164,756
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (45,323)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 436,840
<NUMBER-OF-SHARES-REDEEMED> (8,851)
<SHARES-REINVESTED> 3,403
<NET-CHANGE-IN-ASSETS> (28,449,093)
<ACCUMULATED-NII-PRIOR> 11,568,707
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (9,697,437)
<GROSS-ADVISORY-FEES> (2,833,172)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3,739,797)
<AVERAGE-NET-ASSETS> 472,086,290
<PER-SHARE-NAV-BEGIN> 12.360
<PER-SHARE-NII> .160<F1>
<PER-SHARE-GAIN-APPREC> 1.070<F1>
<PER-SHARE-DIVIDEND> (.340)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 13.250
<EXPENSE-RATIO> 1.050<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 271
<NAME> FRANKLIN GLOBAL HEALTH CARE SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 9,954,271
<INVESTMENTS-AT-VALUE> 11,482,423
<RECEIVABLES> 18,161
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,500,584
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 110,105
<TOTAL-LIABILITIES> 110,105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,669,345
<SHARES-COMMON-STOCK> 1,151,882
<SHARES-COMMON-PRIOR> 839,490
<ACCUMULATED-NII-CURRENT> 8,353
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1,815,371)
<ACCUM-APPREC-OR-DEPREC> 1,528,152
<NET-ASSETS> 11,390,479
<DIVIDEND-INCOME> 63,373
<INTEREST-INCOME> 27,531
<OTHER-INCOME> 0
<EXPENSES-NET> (81,886)
<NET-INVESTMENT-INCOME> 9,018
<REALIZED-GAINS-CURRENT> (1,554,504)
<APPREC-INCREASE-CURRENT> 652,159
<NET-CHANGE-FROM-OPS> (893,327)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (25,070)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,376,672
<NUMBER-OF-SHARES-REDEEMED> (1,066,945)
<SHARES-REINVESTED> 2,665
<NET-CHANGE-IN-ASSETS> 2,400,154
<ACCUMULATED-NII-PRIOR> 25,087
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (261,450)
<GROSS-ADVISORY-FEES> (59,620)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (81,886)
<AVERAGE-NET-ASSETS> 10,008,483
<PER-SHARE-NAV-BEGIN> 10.710
<PER-SHARE-NII> .010<F1>
<PER-SHARE-GAIN-APPREC> (.880)<F1>
<PER-SHARE-DIVIDEND> (.020)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 9.820
<EXPENSE-RATIO> .820
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 272
<NAME> FRANKLIN GLOBAL HEALTH CARE SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 9,954,271
<INVESTMENTS-AT-VALUE> 11,482,423
<RECEIVABLES> 18,161
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,500,584
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 110,105
<TOTAL-LIABILITIES> 110,105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,669,345
<SHARES-COMMON-STOCK> 8,478
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,353
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1,815,371)
<ACCUM-APPREC-OR-DEPREC> 1,528,152
<NET-ASSETS> 11,390,479
<DIVIDEND-INCOME> 63,373
<INTEREST-INCOME> 27,531
<OTHER-INCOME> 0
<EXPENSES-NET> (81,886)
<NET-INVESTMENT-INCOME> 9,018
<REALIZED-GAINS-CURRENT> (1,554,504)
<APPREC-INCREASE-CURRENT> 652,159
<NET-CHANGE-FROM-OPS> (893,327)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (99)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,177
<NUMBER-OF-SHARES-REDEEMED> (1,710)
<SHARES-REINVESTED> 11
<NET-CHANGE-IN-ASSETS> 2,400,154
<ACCUMULATED-NII-PRIOR> 25,087
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (261,450)
<GROSS-ADVISORY-FEES> (59,620)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (81,886)
<AVERAGE-NET-ASSETS> 10,008,483
<PER-SHARE-NAV-BEGIN> 10.770
<PER-SHARE-NII> (.030)<F1>
<PER-SHARE-GAIN-APPREC> (.930)<F1>
<PER-SHARE-DIVIDEND> (.020)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 9.790
<EXPENSE-RATIO> 1.070<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6, 1999 (EFFECTIVE DATE) TO DECEMBER 31, 1999.
/FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 281
<NAME> FRANKLIN VALUE SECURITIES FUND - CLASS 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 12,525,373
<INVESTMENTS-AT-VALUE> 12,519,607
<RECEIVABLES> 133,480
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,653,087
<PAYABLE-FOR-SECURITIES> 55,855
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,870
<TOTAL-LIABILITIES> 69,725
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,129,117
<SHARES-COMMON-STOCK> 1,432,771
<SHARES-COMMON-PRIOR> 1,156,792
<ACCUMULATED-NII-CURRENT> 67,960
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (607,950)
<ACCUM-APPREC-OR-DEPREC> (5,765)
<NET-ASSETS> 12,583,362
<DIVIDEND-INCOME> 126,152
<INTEREST-INCOME> 27,280
<OTHER-INCOME> 0
<EXPENSES-NET> (85,407)
<NET-INVESTMENT-INCOME> 68,025
<REALIZED-GAINS-CURRENT> (517,910)
<APPREC-INCREASE-CURRENT> 396,623
<NET-CHANGE-FROM-OPS> (53,262)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (28,103)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,587,252
<NUMBER-OF-SHARES-REDEEMED> (1,314,579)
<SHARES-REINVESTED> 3,306
<NET-CHANGE-IN-ASSETS> 3,569,891
<ACCUMULATED-NII-PRIOR> 28,176
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (90,040)
<GROSS-ADVISORY-FEES> (62,295)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (85,407)
<AVERAGE-NET-ASSETS> 10,459,084
<PER-SHARE-NAV-BEGIN> 7.790
<PER-SHARE-NII> .050<F1>
<PER-SHARE-GAIN-APPREC> .080<F1>
<PER-SHARE-DIVIDEND> (.020)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 7.900
<EXPENSE-RATIO> .810
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST DECEMBER 31, 1999 ANNUAL REPORT AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.<F2>
</LEGEND>
<SERIES>
<NUMBER> 282
<NAME> FRANKLIN VALUE SECURITIES FUND - CLASS 2
<S> <C>
<PERIOD-TYPE> YEAR<F4>
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 12,525,373
<INVESTMENTS-AT-VALUE> 12,519,607
<RECEIVABLES> 133,480
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,653,087
<PAYABLE-FOR-SECURITIES> 55,855
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,870
<TOTAL-LIABILITIES> 69,725
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,129,117
<SHARES-COMMON-STOCK> 160,310
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 67,960
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (607,950)
<ACCUM-APPREC-OR-DEPREC> (5,765)
<NET-ASSETS> 12,583,362
<DIVIDEND-INCOME> 126,152
<INTEREST-INCOME> 27,280
<OTHER-INCOME> 0
<EXPENSES-NET> (85,407)
<NET-INVESTMENT-INCOME> 68,025
<REALIZED-GAINS-CURRENT> (517,910)
<APPREC-INCREASE-CURRENT> 396,623
<NET-CHANGE-FROM-OPS> (53,262)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (138)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 195,613
<NUMBER-OF-SHARES-REDEEMED> (35,319)
<SHARES-REINVESTED> 16
<NET-CHANGE-IN-ASSETS> 3,569,891
<ACCUMULATED-NII-PRIOR> 28,176
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (90,040)
<GROSS-ADVISORY-FEES> (62,295)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (85,407)
<AVERAGE-NET-ASSETS> 10,459,084
<PER-SHARE-NAV-BEGIN> 7.970
<PER-SHARE-NII> .050<F1>
<PER-SHARE-GAIN-APPREC> (.120)<F1>
<PER-SHARE-DIVIDEND> (.020)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 7.880
<EXPENSE-RATIO> 1.060<F3>
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING.
<F2>EFFECTIVE JULY 1, 1999, THE NAME OF THE TRUST, FRANKLIN VALUEMARK FUNDS,
CHANGED TO FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST. THE FUNDS'
INVESTMENT OBJECTIVES AND OTHER POLICIES DID NOT CHANGE AS A RESULT OF THE NAME
CHANGE.
<F3>ANNUALIZED.
<F4>FOR THE PERIOD JANUARY 6,1999 (EFFECTIVE DATE) TO DECEMBER 31,1999.
</FN>
</TABLE>
REPORT OF INDEPENDENT AUDITORS
To the Shareholders and Board of Trustees of Franklin Templeton Variable
Insurance Products Trust.
In planning and performing our audit of the financial statements of Franklin
Templeton Variable Insurance Products Trust for the year ended December 31,
1999, we considered its internal control, including controls over safeguarding
securities, in order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal control.
The management of the Franklin Templeton Variable Insurance Products Trust is
responsible for establishing and maintaining internal control. In fulfilling
this responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of controls. Generally, controls
that are relevant to an audit pertain to the entity's objective of preparing
financial statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles. Those controls
include the safeguarding of assets against unauthorized acquisition, use, or
disposition.
Because of inherent limitations in internal control, errors or irregularities
may occur and may not be detected. Also, projection of any evaluation of
internal control to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or operation of any
specific internal control component does not reduce to a relatively low level
the risk that errors or irregularities in amounts that would be material in
relation to the financial statements being audited may occur and not be
detected within a timely period by employees in the normal course of performing
their assigned functions. However, we noted no matters involving internal
control, including controls over safeguarding securities, that we consider to
be material weaknesses as defined above, as of December 31, 1999.
This report is intended solely for the information and use of management and
the Securities and Exchange Commission.
S\PricewaterhouseCoopers LLP
San Francisco, California
February 2, 2000 except for Note 13, as to which the date is February 8, 2000
