SUPPLEMENT TO THE PROSPECTUS
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY SUPPLEMENTED SEPTEMBER 29, 1995)
Templeton Institutional Funds, Inc.
Foreign Equity Series
Emerging Markets Series
Growth Series
* * *
The discussion under "HOW TO BUY SHARES OF THE FUND" is supplemented by adding
the following language after the sixth sentence of the second paragraph:
In addition, broker dealers who have entered into a supplemental
agreement with FTD with respect to the Funds may purchase shares of the
Funds on behalf of the clients of associated registered investment
advisors participating in fee-based programs.
November 6, 1995 ZTIM STKR1 11/95
