SUPPLEMENT TO THE PROSPECTUS
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED MAY 25, 1995 AND
SUPPLEMENTED JULY 26, 1995 AND OCTOBER 2, 1995)
Templeton Real Estate Securities Fund
Templeton World Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED JULY 25, 1995 AND
SUPPLEMENTED OCTOBER 2, 1995)
Templeton Global Opportunities Trust
Templeton Foreign Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED SEPTEMBER 1, 1995 AND
AND SUPPLEMENTED OCTOBER 2, 1995)
Templeton Smaller Companies Growth Fund, Inc.
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED AUGUST 10, 1995 AND
SUPPLEMENTED SEPTEMBER 29, 1995 AND
OCTOBER 2, 1995)
Templeton Developing Markets Trust
* * *
PROSPECTUSES DATED JULY 10, 1995
(AS PREVIOUSLY SUPPLEMENTED ON OCTOBER 2, 1995)
Templeton Growth and Income Fund
Templeton Global Infrastructure Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY SUPPLEMENTED ON SEPTEMBER 20, 1995
AND OCTOBER 2, 1995)
Templeton American Trust, Inc.
* * *
PROSPECTUS DATED MAY 8, 1995
(AS PREVIOUSLY AMENDED AUGUST 31, 1995
AND SUPPLEMENTED OCTOBER 2, 1995)
Templeton Region Funds
* * *
PROSPECTUS DATED AUGUST 1, 1995
(AS PREVIOUSLY SUPPLEMENTED ON OCTOBER 2, 1995)
Franklin Templeton Japan Fund
* * *
PROSPECTUS DATED JULY 10, 1995
(AS PREVIOUSLY SUPPLEMENTED ON JULY 26, 1995,
AUGUST 8, 1995 AND OCTOBER 2, 1995)
Templeton Americas Government Securities Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED SEPTEMBER 7, 1995 AND
AND SUPPLEMENTED OCTOBER 2, 1995)
Templeton Growth Fund, Inc.
* * *
PROSPECTUS DATED MAY 1, 1995
(as previously amended August 11, 1995 and
supplemented October 2, 1995)
Templeton Income 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"(the following language is added to the section entitled "HOW TO
BUY SHARES OF THE FUND - OFFERING PRICE" for Franklin Templeton Japan Fund and
Templeton Americas Government Securities Fund prospectuses).
During the period November 1, 1995 through December 29, 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.
November 1, 1995 TLTFS STKR3 11/95
