SUPPLEMENT TO THE PROSPECTUS
Prospectuses dated January 1, 1995
(as previously supplemented February 1, 1995)
Templeton Growth Fund
Templeton World Fund
Templeton Foreign Fund
Templeton Smaller Companies Growth Fund, Inc.
Templeton Income Fund
Templeton Real Estate Securities Fund
* * *
Prospectus dated May 1, 1994
(as previously supplemented September 16, 1994
and February 1, 1995)
Templeton Developing Markets Trust
* * *
Prospectus dated May 1, 1994
(as previously supplemented November 30, 1994
and February 1, 1995)
Templeton Global Opportunities Trust
* * *
Prospectus dated July 28, 1994
(as previously supplemented on January 25, 1995 and
February 1, 1995)
Franklin Templeton Japan Fund
* * *
Prospectus dated March 14, 1994
(as previously supplemented on April 19, 1994, June 1, 1994,
June 27, 1994, September 14, 1994 and February 1, 1995)
Templeton Global Rising Dividends Fund
* * *
Prospectus dated March 14, 1994
(as previously supplemented on April 19, 1994, June 1, 1994,
June 27, 1994, September 14, 1994, January 18, 1995 and
February 1, 1995)
Templeton Global Infrastructure Fund
* * *
Prospectus dated June 27, 1994
(as previously supplemented on September 1, 1994,
November 15, 1994, December 2, 1994 and February 1, 1995)
Templeton Americas Government Securities Fund
* * *
The prospectuses for the above Funds are hereby supplemented by adding the
following paragraph to the section entitled "How to Buy Shares of the Fund -
Offering Price."
During the period March 1, 1995 through April 28, 1995, the securities
firm of TFS Securities, Inc. ("TFS") will receive the full initial sales
commission with respect to purchases originated by TFS, from Franklin
Templeton Distributors, Inc., the principal underwriter for the above
funds.
March 1, 1995 TLTFS STKR 3/95
