<PAGE> PAGE 1
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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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 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
015 D010210 COLOMBIA
015 E040210 X
015 A000211 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000211 S
015 C010211 PRAHA
015 D010211 CZECH REPUBLIC
015 D020211 115 20
015 E040211 X
015 A000212 DEN DANSKE BANK
015 B000212 S
015 C010212 COPENHAGEN
015 D010212 DENMARK
015 D020212 1091
015 E040212 X
015 A000213 NATIONAL BANK OF EGYPT
015 B000213 S
015 C010213 CAIRO
015 D010213 EGYPT
015 E040213 X
015 A000214 MERITA BANK KOP
015 B000214 S
015 C010214 HELSINKI
015 D010214 FINLAND
015 D020214 00500
015 E040214 X
015 A000215 BANQUE PARIBAS
015 B000215 S
015 C010215 PARIS
015 D010215 FRANCE
015 D020215 75078
015 E040215 X
015 A000216 CHASE BANK A.G.
015 B000216 S
015 C010216 FRANKFURT
015 D010216 GERMANY
015 D020216 60441
015 E040216 X
015 A000217 BARCLAYS BANK OF GHANA
015 B000217 S
015 C010217 ACCRA
015 D010217 GHANA
015 E040217 X
015 A000218 BARCLAYS BANK PLC
015 B000218 S
015 C010218 ATHENS
015 D010218 GREECE
015 D020218 10562
015 E040218 X
015 A000219 THE CHASE MANHATTAN BANK, N.A.
015 B000219 S
015 C010219 HONG KONG
<PAGE> PAGE 19
015 D010219 HONG KONG
015 E040219 X
015 A000220 CITIBANK BUDAPEST RT.
015 B000220 S
015 C010220 BUDAPEST
015 D010220 HUNGARY
015 D020220 1052
015 E040220 X
015 A000221 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000221 S
015 C010221 JAKARTA
015 D010221 INDONESIA
015 D020221 10023
015 E040221 X
015 A000222 BANK OF IRELAND
015 B000222 S
015 C010222 DUBLIN
015 D010222 IRELAND
015 D020222 1
015 E040222 X
015 A000223 BANK LEUMI LE-ISRAEL B.M.
015 B000223 S
015 C010223 TEL AVIV
015 D010223 ISRAEL
015 D020223 61000
015 E040223 X
015 A000224 THE CHASE MANHATTAN BANK, N.A.
015 B000224 S
015 C010224 MILAN
015 D010224 ITALY
015 D020224 20121
015 E040224 X
015 A000225 THE FUJI BANK LTD.
015 B000225 S
015 C010225 TOKYO
015 D010225 JAPAN
015 E040225 X
015 A000226 THE CHASE MANHATTAN BANK, N.A.
015 B000226 S
015 C010226 KUALA LUMPUR
015 D010226 MALAYSIA
015 D020226 50250
015 E040226 X
015 A000227 HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000227 S
015 C010227 CUREPIPE
015 D010227 MAURITIUS
015 E040227 X
015 A000228 THE CHASE MANHATTAN BANK, S.A.
015 B000228 S
015 C010228 MEXICO D.F.
<PAGE> PAGE 20
015 D010228 MEXICO
015 D020228 11000
015 E040228 X
015 A000229 BANCO NACIONAL DE MEXICO
015 B000229 S
015 C010229 MEXICO D.F.
015 D010229 MEXICO
015 D020229 06040
015 E040229 X
015 A000230 BANQUE COMMERCIALE DU MAROC
015 B000230 S
015 C010230 CASABLANCA
015 D010230 MOROCCO
015 D020230 20000
015 E040230 X
015 A000231 ABN AMRO N.V.
015 B000231 S
015 C010231 DE BREDA
015 D010231 NETHERLANDS
015 D020231 4800
015 E040231 X
015 A000232 NATIONAL NOMINEES LIMITED
015 B000232 S
015 C010232 AUCKLAND
015 D010232 NEW ZEALAND
015 E040232 X
015 A000233 DEN NORSKE BANK
015 B000233 S
015 C010233 OSLO
015 D010233 NORWAY
015 D020233 1
015 E040233 X
015 A000234 CITIBANK N.A.
015 B000234 S
015 C010234 KARACHI
015 D010234 PAKISTAN
015 E040234 X
015 A000235 DELETE
015 A000236 CITIBANK, N.A.
015 B000236 S
015 C010236 LIMA
015 D010236 PERU
015 D020236 27
015 E040236 X
015 A000237 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000237 S
015 C010237 MANILA
015 D010237 PHILIPPINES
015 E040237 X
015 A000238 DELETE
015 A000239 BANK HANDLOWY W. WARSAWIE, S.A.
<PAGE> PAGE 21
015 B000239 S
015 C010239 WARSAW
015 D010239 POLAND
015 D020239 00-920
015 E040239 X
015 A000240 BANCO ESPIRITO SANTO & COMERCIAL DE LISBOA
015 B000240 S
015 C010240 LISBON
015 D010240 PORTUGAL
015 D020240 1200
015 E040240 X
015 A000241 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000241 S
015 C010241 SHANGHAI
015 D010241 CHINA
015 D020241 1376
015 E040241 X
015 A000242 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000242 S
015 C010242 SHENZHEN
015 D010242 CHINA
015 E040242 X
015 A000243 THE CHASE MANHATTAN BANK, N.A.
015 B000243 S
015 C010243 SINGAPORE
015 D010243 SINGAPORE
015 D020243 0104
015 E040243 X
015 A000244 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000244 S
015 C010244 BRATISLAVA
015 D010244 SLOVAK REPUBLIC
015 D020244 815 63
015 E040244 X
015 A000245 STANDARD BANK OF SOUTH AFRICA
015 B000245 S
015 C010245 JOHANNESBURG
015 D010245 SOUTH AFRICA
015 D020245 2001
015 E040245 X
015 A000246 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000246 S
015 C010246 SEOUL
015 D010246 SOUTH KOREA
015 E040246 X
015 A000247 THE CHASE MANHATTAN BANK, N.A.
015 B000247 S
015 C010247 MADRID
015 D010247 SPAIN
015 D020247 28042
015 E040247 X
<PAGE> PAGE 22
015 A000248 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000248 S
015 C010248 COLOMBO
015 D010248 SRI LANKA
015 D020248 1
015 E040248 X
015 A000249 SKANDINAVISKA ENSKILDA BANKEN
015 B000249 S
015 C010249 STOCKHOLM
015 D010249 SWEDEN
015 D020249 S-106 40
015 E040249 X
015 A000250 UNION BANK OF SWITZERLAND
015 B000250 S
015 C010250 ZURICH
015 D010250 SWITZERLAND
015 D020250 8021
015 E040250 X
015 A000251 THE CHASE MANHATTAN BANK, N.A.
015 B000251 S
015 C010251 BANGKOK
015 D010251 THAILAND
015 D020251 10500
015 E040251 X
015 A000252 THE CHASE MANHATTAN BANK, N.A.
015 B000252 S
015 C010252 ISTANBUL
015 D010252 TURKEY
015 D020252 80700
015 E040252 X
015 A000253 THE CHASE MANHATTAN BANK, N.A.
015 B000253 S
015 C010253 LONDON
015 D010253 UNITED KINGDOM
015 D020253 EC2P 2HD
015 E040253 X
015 A000254 THE FIRST NATIONAL BANK OF BOSTON
015 B000254 S
015 C010254 MONTEVIDEO
015 D010254 URUGUAY
015 E040254 X
015 A000255 CITIBANK, N.A.
015 B000255 S
015 C010255 CARACAS
015 D010255 VENEZUELA
015 D020255 1010
015 E040255 X
015 A000256 BARCLAYS BANK OF ZAMBIA
015 B000256 S
015 C010256 LUSAKA
015 D010256 ZAMBIA
<PAGE> PAGE 23
015 E040256 X
015 A000257 BARCLAYS BANK OF ZIMBABWE
015 B000257 S
015 C010257 HARARE
015 D010257 ZIMBABWE
015 E040257 X
015 A000258 AUSTRACLEAR RESERVE BANK
015 B000258 S
015 C010258 SYDNEY
015 D010258 AUSTRALIA
015 E040258 X
015 A000259 CEDEL S.A.
015 B000259 S
015 C010259 LUXEMBOURG
015 D010259 LUXEMBOURG
015 E040259 X
015 A000260 FIRST CHICAGO CLEARING CENTRE
015 B000260 S
015 C010260 LONDON
015 D010260 UNITED KINGDOM
015 D020260 EC3A 1AA
015 E040260 X
015 A000261 CHASE MANHATTAN BANK INTERNATIONAL
015 B000261 S
015 C010261 MOSCOW
015 D010261 RUSSIA
015 D020261 125047
015 E040261 X
015 A000262 BARCLAYS BANK OF KENYA
015 B000262 S
015 C010262 NAIROBI
015 D010262 KENYA
015 E040262 X
015 A000263 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000263 S
015 C010263 BOMBAY
015 D010263 INDIA
015 D020263 400 001
015 E040263 X
015 A000264 DEUTSCHE BANK AG, BOMBAY BRANCH
015 B000264 S
015 C010264 BOMBAY
015 D010264 INDIA
015 D020264 400 001
015 E040264 X
015 A000265 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000265 S
015 C010265 GABORONE
015 D010265 BOTSWANA
015 E040265 X
015 A000266 DELETE
<PAGE> PAGE 24
015 A000267 DELETE
015 A000268 DELETE
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 82536
028 A020200 0
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028 B030200 0
028 B040200 6372
028 C010200 56971
028 C020200 33
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028 F030200 0
028 F040200 809
028 G010200 415344
028 G020200 2520
028 G030200 0
028 G040200 25630
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 1.250
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
<PAGE> PAGE 25
048 D020200 0.000
048 E010200 0
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048 F010200 0
048 F020200 0.000
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048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
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062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 N
<PAGE> PAGE 26
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 398200
071 B000200 26827
071 C000200 884214
071 D000200 3
072 A000200 6
072 B000200 5101
072 C000200 17580
072 D000200 0
072 E000200 0
072 F000200 6705
072 G000200 488
072 H000200 0
072 I000200 3
072 J000200 823
072 K000200 1
072 L000200 12
072 M000200 18
<PAGE> PAGE 27
072 N000200 120
072 O000200 0
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072 R000200 15
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072 Z000200 14485
072AA000200 7875
072BB000200 2224
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073 A010200 0.0100
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074 A000200 238
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074 C000200 177903
074 D000200 4020
074 E000200 88130
074 F000200 1048185
074 G000200 0
074 H000200 0
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074 R040200 2009
074 S000200 0
074 T000200 1315117
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<PAGE> PAGE 28
074 W000200 0.0000
074 X000200 639
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075 A000200 0
075 B000200 1079132
076 000200 0.00
008 A000301 TEMPLETON INVESTMENT COUNSEL, INC.
008 B000301 A
008 C000301 801-15125
008 D010301 FT. LAUDERDALE
008 D020301 FL
008 D030301 33394
008 D040301 3091
015 A000301 THE CHASE MANHATTAN BANK
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10081
015 E010301 X
015 A000302 THE CHASE MANHATTAN BANK, N.A.
015 B000302 S
015 C010302 BUENOS AIRES
015 D010302 ARGENTINA
015 D020302 1061
015 E040302 X
015 A000303 THE CHASE MANHATTAN BANK AUSTRALIA LTD
015 B000303 S
015 C010303 SYDNEY
015 D010303 AUSTRALIA
015 D020303 2000
015 E040303 X
015 A000304 CREDITANSTALT-BANKVEREIN
015 B000304 S
015 C010304 VIENNA
015 D010304 AUSTRIA
015 D020304 A-1011
015 E040304 X
015 A000305 GENERALE BANK
015 B000305 S
015 C010305 BRUXELLES
015 D010305 BELGIUM
015 D020305 1000
015 E040305 X
015 A000306 THE ROYAL BANK OF CANADA
015 B000306 S
015 C010306 TORONTO
015 D010306 CANADA
015 D020306 M5J 2J5
015 E040306 X
015 A000307 CANADA TRUST
015 B000307 S
<PAGE> PAGE 29
015 C010307 TORONTO
015 D010307 CANADA
015 D020307 M5J 2T2
015 E040307 X
015 A000308 DEN DANSKE BANK
015 B000308 S
015 C010308 COPENHAGEN
015 D010308 DENMARK
015 D020308 1091
015 E040308 X
015 A000309 BARCLAYS BANK OF KENYA
015 B000309 S
015 C010309 NAIROBI
015 D010309 KENYA
015 E040309 X
015 A000310 BANQUE PARIBAS
015 B000310 S
015 C010310 PARIS
015 D010310 FRANCE
015 D020310 75078
015 E040310 X
015 A000311 CHASE BANK A.G.
015 B000311 S
015 C010311 FRANKFURT
015 D010311 GERMANY
015 D020311 60441
015 E040311 X
015 A000312 BARCLAYS BANK PLC
015 B000312 S
015 C010312 ATHENS
015 D010312 GREECE
015 D020312 10562
015 E040312 X
015 A000313 THE CHASE MANHATTAN BANK, N.A.
015 B000313 S
015 C010313 HONG KONG
015 D010313 HONG KONG
015 E040313 X
015 A000314 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000314 S
015 C010314 JAKARTA
015 D010314 INDONESIA
015 D020314 10023
015 E040314 X
015 A000315 BANK OF IRELAND
015 B000315 S
015 C010315 DUBLIN
015 D010315 IRELAND
015 D020315 1
015 E040315 X
015 A000316 THE CHASE MANHATTAN BANK, N.A.
<PAGE> PAGE 30
015 B000316 S
015 C010316 MILAN
015 D010316 ITALY
015 D020316 20121
015 E040316 X
015 A000317 THE FUJI BANK LTD
015 B000317 S
015 C010317 TOKYO
015 D010317 JAPAN
015 E040317 X
015 A000318 THE CHASE MANHATTAN BANK, N.A.
015 B000318 S
015 C010318 KUALA LUMPUR
015 D010318 MALAYSIA
015 D020318 50250
015 E040318 X
015 A000319 BANCO NACIONAL DE MEXICO
015 B000319 S
015 C010319 MEXICO D.F.
015 D010319 MEXICO
015 D020319 06040
015 E040319 X
015 A000320 ABN AMRO N.V.
015 B000320 S
015 C010320 DE BREDA
015 D010320 NETHERLANDS
015 D020320 4800
015 E040320 X
015 A000321 NATIONAL NOMINEES LIMITED
015 B000321 S
015 C010321 AUCKLAND
015 D010321 NEW ZEALAND
015 E040321 X
015 A000322 DEN NORSKE BANK
015 B000322 S
015 C010322 OSLO
015 D010322 NORWAY
015 D020322 1
015 E040322 X
015 A000323 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000323 S
015 C010323 MANILA
015 D010323 PHILIPPINES
015 E040323 X
015 A000324 BANCO ESPIRITO SANTO & COMERCIAL DE LISBOA
015 B000324 S
015 C010324 LISBON
015 D010324 PORTUGAL
015 D020324 1200
015 E040324 X
015 A000325 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
<PAGE> PAGE 31
015 B000325 S
015 C010325 SHENZHEN
015 D010325 CHINA
015 E040325 X
015 A000326 THE CHASE MANHATTAN BANK, N.A.
015 B000326 S
015 C010326 SINGAPORE
015 D010326 SINGAPORE
015 D020326 0104
015 E040326 X
015 A000327 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000327 S
015 C010327 SEOUL
015 D010327 SOUTH KOREA
015 E040327 X
015 A000328 THE CHASE MANHATTAN BANK, N.A.
015 B000328 S
015 C010328 MADRID
015 D010328 SPAIN
015 D020328 28042
015 E040328 X
015 A000329 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000329 S
015 C010329 COLOMBO
015 D010329 SRI LANKA
015 D020329 1
015 E040329 X
015 A000330 SKANDINAVISKA ENSKILDA BANKEN
015 B000330 S
015 C010330 STOCKHOLM
015 D010330 SWEDEN
015 D020330 S-106 40
015 E040330 X
015 A000331 UNION BANK OF SWITZERLAND
015 B000331 S
015 C010331 ZURICH
015 D010331 SWITZERLAND
015 D020331 8021
015 E040331 X
015 A000332 THE CHASE MANHATTAN BANK, N.A.
015 B000332 S
015 C010332 BANGKOK
015 D010332 THAILAND
015 D020332 10500
015 E040332 X
015 A000333 THE CHASE MANHATTAN BANK, N.A.
015 B000333 S
015 C010333 ISTANBUL
015 D010333 TURKEY
015 D020333 80700
015 E040333 X
<PAGE> PAGE 32
015 A000334 THE CHASE MANHATTAN BANK, N.A.
015 B000334 S
015 C010334 LONDON
015 D010334 UNITED KINGDOM
015 D020334 EC2P 2HD
015 E040334 X
015 A000335 CITIBANK N.A.
015 B000335 S
015 C010335 CARACAS
015 D010335 VENEZUELA
015 D020335 1010
015 E040335 X
015 A000336 AUSTRACLEAR RESERVE BANK
015 B000336 S
015 C010336 SYDNEY
015 D010336 AUSTRALIA
015 E040336 X
015 A000337 CEDEL S.A.
015 B000337 S
015 C010337 LUXEMBOURG
015 D010337 LUXEMBOURG
015 E040337 X
015 A000338 FIRST CHICAGO CLEARING CENTRE
015 B000338 S
015 C010338 LONDON
015 D010338 UNITED KINGDOM
015 D020338 EC3A 1AA
015 E040338 X
015 A000339 STANDARD CHARTERED BANK
015 B000339 S
015 C010339 DHAKA
015 D010339 BANGLADESH
015 D020339 1000
015 E040339 X
015 A000340 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000340 S
015 C010340 SHANGHAI
015 D010340 CHINA
015 D020340 1376
015 E040340 X
015 A000341 BANK LEUMI LE-ISRAEL B.M.
015 B000341 S
015 C010341 TEL AVIV
015 D010341 ISRAEL
015 D020341 61000
015 E040341 X
015 A000342 STANDARD BANK OF SOUTH AFRICA
015 B000342 S
015 C010342 JOHANNESBURG
015 D010342 SOUTH AFRICA
015 D020342 2001
<PAGE> PAGE 33
015 E040342 X
015 A000343 THE FIRST NATIONAL BANK OF BOSTON
015 B000343 S
015 C010343 MONTEVIDEO
015 D010343 URUGUAY
015 E040343 X
015 A000344 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000344 S
015 C010344 PRAHA
015 D010344 CZECH REPUBLIC
015 D020344 115 20
015 E040344 X
015 A000345 NATIONAL BANK OF EGYPT
015 B000345 S
015 C010345 CAIRO
015 D010345 EGYPT
015 E040345 X
015 A000346 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000346 S
015 C010346 CUREPIPE
015 D010346 MAURITIUS
015 E040346 X
015 A000347 BANQUE COMMERCIALE DU MAROC
015 B000347 S
015 C010347 CASABLANCA
015 D010347 MOROCCO
015 D020347 20000
015 E040347 X
015 A000348 BARCLAYS BANK OF GHANA
015 B000348 S
015 C010348 ACCRA
015 D010348 GHANA
015 E040348 X
015 A000349 CITIBANK BUDAPEST RT
015 B000349 S
015 C010349 BUDAPEST
015 D010349 HUNGARY
015 D020349 1052
015 E040349 X
015 A000350 CITIBANK, N.A.
015 B000350 S
015 C010350 LIMA
015 D010350 PERU
015 D020350 27
015 E040350 X
015 A000351 BANK HANDLOWY W. WARSAWIE, S.A.
015 B000351 S
015 C010351 WARSAW
015 D010351 POLAND
015 D020351 00-920
015 E040351 X
<PAGE> PAGE 34
015 A000352 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000352 S
015 C010352 BRATISLAVA
015 D010352 SLOVAK REPUBLIC
015 D020352 815 63
015 E040352 X
015 A000353 BARCLAYS BANK OF ZIMBABWE
015 B000353 S
015 C010353 HARARE
015 D010353 ZIMBABWE
015 E040353 X
015 A000354 BARCLAYS BANK OF ZAMBIA
015 B000354 S
015 C010354 LUSAKA
015 D010354 ZAMBIA
015 E040354 X
015 A000355 MERITA BANK KOP
015 B000355 S
015 C010355 HELSINKI
015 D010355 FINLAND
015 D020355 00500
015 E040355 X
015 A000356 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000356 S
015 C010356 GABORONE
015 D010356 BOTSWANA
015 E040356 X
015 A000357 DEUTSCHE BANK
015 B000357 S
015 C010357 KARACHI
015 D010357 PAKISTAN
015 E040357 X
024 000300 N
028 A010300 0
028 A020300 0
028 A030300 0
028 A040300 0
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028 B020300 0
028 B030300 0
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<PAGE> PAGE 35
028 E030300 0
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028 F020300 0
028 F030300 0
028 F040300 0
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045 000300 Y
046 000300 N
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048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
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050 000300 N
051 000300 N
052 000300 N
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053 C000300 N
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062 E000300 0.0
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<PAGE> PAGE 36
062 H000300 0.0
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062 M000300 30.3
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062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 1.8
064 A000300 N
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
<PAGE> PAGE 37
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
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074 A000300 15
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<PAGE> PAGE 38
074 F000300 0
074 G000300 0
074 H000300 0
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074 K000300 0
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076 000300 0.00
008 A000401 TEMPLETON INVESTMENT COUNSEL, INC.
008 B000401 A
008 C000401 801-15125
008 D010401 FT. LAUDERDALE
008 D020401 FL
008 D030401 33394
008 D040401 3091
015 A000401 THE CHASE MANHATTAN BANK, N.A.
015 B000401 S
015 C010401 BUENOS AIRES
015 D010401 ARGENTINA
015 D020401 1061
015 E040401 X
015 A000402 THE CHASE MANHATTAN BANK AUSTRALIA LTD
015 B000402 S
015 C010402 SYDNEY
015 D010402 AUSTRALIA
015 D020402 2000
015 E040402 X
015 A000403 CREDITANSTALT-BANKVEREIN
015 B000403 S
015 C010403 VIENNA
015 D010403 AUSTRIA
<PAGE> PAGE 39
015 D020403 A-1011
015 E040403 X
015 A000404 STANDARD CHARTERED BANK
015 B000404 S
015 C010404 DHAKA
015 D010404 BANGLADESH
015 D020404 1000
015 E040404 X
015 A000405 GENERALE BANK
015 B000405 S
015 C010405 BRUXELLES
015 D010405 BELGIUM
015 D020405 1000
015 E040405 X
015 A000406 BANCO CHASE MANHATTAN, S.A.
015 B000406 S
015 C010406 SAO PAULO
015 D010406 BRAZIL
015 D020406 SP 04719-002
015 E040406 X
015 A000407 THE ROYAL BANK OF CANADA
015 B000407 S
015 C010407 TORONTO
015 D010407 CANADA
015 D020407 M5J 2J5
015 E040407 X
015 A000408 CANADA TRUST
015 B000408 S
015 C010408 TORONTO
015 D010408 CANADA
015 D020408 M5J 2T2
015 E040408 X
015 A000409 CESKOSLOVENSKA OBCHODNI BANKA, S.A.
015 B000409 S
015 C010409 PRAHA
015 D010409 CZECH REPUBLIC
015 D020409 115 20
015 E040409 X
015 A000410 DEN DANSKE BANK
015 B000410 S
015 C010410 COPENHAGEN
015 D010410 DENMARK
015 D020410 1091
015 E040410 X
015 A000411 NATIONAL BANK OF EGYPT
015 B000411 S
015 C010411 CAIRO
015 D010411 EGYPT
015 E040411 X
015 A000412 MERITA BANK KOP
015 B000412 S
<PAGE> PAGE 40
015 C010412 HELSINKI
015 D010412 FINLAND
015 D020412 00500
015 E040412 X
015 A000413 BANQUE PARIBAS
015 B000413 S
015 C010413 PARIS
015 D010413 FRANCE
015 D020413 75078
015 E040413 X
015 A000414 CHASE BANK A.G.
015 B000414 S
015 C010414 FRANKFURT
015 D010414 GERMANY
015 D020414 60441
015 E040414 X
015 A000415 BARCLAYS BANK OF GHANA
015 B000415 S
015 C010415 ACCRA
015 D010415 GHANA
015 E040415 X
015 A000416 BARCLAYS BANK PLC
015 B000416 S
015 C010416 ATHENS
015 D010416 GREECE
015 D020416 10562
015 E040416 X
015 A000417 THE CHASE MANHATTAN BANK, N.A.
015 B000417 S
015 C010417 HONG KONG
015 D010417 HONG KONG
015 E040417 X
015 A000418 CITIBANK BUDAPEST RT.
015 B000418 S
015 C010418 BUDAPEST
015 D010418 HUNGARY
015 D020418 1052
015 E040418 X
015 A000419 THE HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000419 S
015 C010419 JAKARTA
015 D010419 INDONESIA
015 D020419 10023
015 E040419 X
015 A000420 BANK OF IRELAND
015 B000420 S
015 C010420 DUBLIN
015 D010420 IRELAND
015 D020420 1
015 E040420 X
015 A000421 BANK LEUMI LE-ISRAEL B.M.
<PAGE> PAGE 41
015 B000421 S
015 C010421 TEL AVIV
015 D010421 ISRAEL
015 D020421 61000
015 E040421 X
015 A000422 THE CHASE MANHATTAN BANK, N.A.
015 B000422 S
015 C010422 MILAN
015 D010422 ITALY
015 D020422 20121
015 E040422 X
015 A000423 THE FUJI BANK LTD
015 B000423 S
015 C010423 TOKYO
015 D010423 JAPAN
015 E040423 X
015 A000424 THE CHASE MANHATTAN BANK, N.A.
015 B000424 S
015 C010424 KUALA LUMPUR
015 D010424 MALAYSIA
015 D020424 50250
015 E040424 X
015 A000425 HONGKONG AND SHANGHAI BANKING CORP. LTD
015 B000425 S
015 C010425 CUREPIPE
015 D010425 MAURITIUS
015 E040425 X
015 A000426 THE CHASE MANHATTAN BANK, S.A.
015 B000426 S
015 C010426 MEXICO D.F.
015 D010426 MEXICO
015 D020426 11000
015 E040426 X
015 A000427 BANQUE COMMERCIALE DU MAROC
015 B000427 S
015 C010427 CASABLANCA
015 D010427 MOROCCO
015 D020427 20000
015 E040427 X
015 A000428 ABN AMRO N.V.
015 B000428 S
015 C010428 DE BREDA
015 D010428 NETHERLANDS
015 D020428 4800
015 E040428 X
015 A000429 NATIONAL NOMINEES LIMITED
015 B000429 S
015 C010429 AUCKLAND
015 D010429 NEW ZEALAND
015 E040429 X
015 A000430 DEN NORSKE BANK
<PAGE> PAGE 42
015 B000430 S
015 C010430 OSLO
015 D010430 NORWAY
015 D020430 1
015 E040430 X
015 A000431 CITIBANK, N.A.
015 B000431 S
015 C010431 LIMA
015 D010431 PERU
015 D020431 27
015 E040431 X
015 A000432 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000432 S
015 C010432 MANILA
015 D010432 PHILIPPINES
015 E040432 X
015 A000433 DELETE
015 A000434 BANCO ESPIRITO SANTO & COMERCIAL DE LISBOA
015 B000434 S
015 C010434 LISBON
015 D010434 PORTUGAL
015 D020434 1200
015 E040434 X
015 A000435 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000435 S
015 C010435 SHANGHAI
015 D010435 CHINA
015 D020435 1376
015 E040435 X
015 A000436 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000436 S
015 C010436 SHENZHEN
015 D010436 CHINA
015 E040436 X
015 A000437 THE CHASE MANHATTAN BANK, N.A.
015 B000437 S
015 C010437 SINGAPORE
015 D010437 SINGAPORE
015 D020437 0104
015 E040437 X
015 A000438 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000438 S
015 C010438 BRATISLAVA
015 D010438 SLOVAK REPUBLIC
015 D020438 815 63
015 E040438 X
015 A000439 STANDARD BANK OF SOUTH AFRICA
015 B000439 S
015 C010439 JOHANNESBURG
015 D010439 SOUTH AFRICA
015 D020439 2001
<PAGE> PAGE 43
015 E040439 X
015 A000440 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000440 S
015 C010440 SEOUL
015 D010440 SOUTH KOREA
015 E040440 X
015 A000441 THE CHASE MANHATTAN BANK, N.A.
015 B000441 S
015 C010441 MADRID
015 D010441 SPAIN
015 D020441 28042
015 E040441 X
015 A000442 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000442 S
015 C010442 COLOMBO
015 D010442 SRI LANKA
015 D020442 1
015 E040442 X
015 A000443 SKANDINAVISKA ENSKILDA BANKEN
015 B000443 S
015 C010443 STOCKHOLM
015 D010443 SWEDEN
015 D020443 S-106 40
015 E040443 X
015 A000444 UNION BANK OF SWITZERLAND
015 B000444 S
015 C010444 ZURICH
015 D010444 SWITZERLAND
015 D020444 8021
015 E040444 X
015 A000445 THE CHASE MANHATTAN BANK, N.A.
015 B000445 S
015 C010445 BANGKOK
015 D010445 THAILAND
015 D020445 10500
015 E040445 X
015 A000446 THE CHASE MANHATTAN BANK, N.A.
015 B000446 S
015 C010446 ISTANBUL
015 D010446 TURKEY
015 D020446 80700
015 E040446 X
015 A000447 THE CHASE MANHATTAN BANK, N.A.
015 B000447 S
015 C010447 LONDON
015 D010447 UNITED KINGDOM
015 D020447 EC2P 2HD
015 E040447 X
015 A000448 THE CHASE MANHATTAN BANK, N.A.
015 B000448 C
015 C010448 NEW YORK
<PAGE> PAGE 44
015 C020448 NY
015 C030448 10081
015 E010448 X
015 A000449 THE FIRST NATIONAL BANK OF BOSTON
015 B000449 S
015 C010449 MONTEVIDEO
015 D010449 URUGUAY
015 E040449 X
015 A000450 CITIBANK N.A.
015 B000450 S
015 C010450 CARACAS
015 D010450 VENEZUELA
015 D020450 1010
015 E040450 X
015 A000451 BARCLAYS BANK OF ZAMBIA
015 B000451 S
015 C010451 LUSAKA
015 D010451 ZAMBIA
015 E040451 X
015 A000452 BARCLAYS BANK OF ZIMBABWE
015 B000452 S
015 C010452 HARARE
015 D010452 ZIMBABWE
015 E040452 X
015 A000453 CEDEL S.A.
015 B000453 S
015 C010453 LUXEMBOURG
015 D010453 LUXEMBOURG
015 E040453 X
015 A000454 FIRST CHICAGO CLEARING CENTRE
015 B000454 S
015 C010454 LONDON
015 D010454 UNITED KINGDOM
015 D020454 EC3A 1AA
015 E040454 X
015 A000455 AUSTRACLEAR RESERVE BANK
015 B000455 S
015 C010455 SYDNEY
015 D010455 AUSTRALIA
015 E040455 X
015 A000456 BANCO NACIONAL DE MEXICO
015 B000456 S
015 C010456 MEXICO D.F.
015 D010456 MEXICO
015 D020456 06040
015 E040456 X
015 A000457 BANK HANDLOWY W. WARSAWIE, SA
015 B000457 S
015 C010457 WARSAW
015 D010457 POLAND
015 D020457 00-920
<PAGE> PAGE 45
015 E040457 X
015 A000458 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000458 S
015 C010458 GABORONE
015 D010458 BOTSWANA
015 E040458 X
015 A000459 BARCLAYS BANK OF KENYA
015 B000459 S
015 C010459 NAIROBI
015 D010459 KENYA
015 E040459 X
015 A000460 DEUTSCHE BANK
015 B000460 S
015 C010460 KARACHI
015 D010460 PAKISTAN
015 E040460 X
024 000400 N
028 A010400 1728
028 A020400 0
028 A030400 0
028 A040400 5455
028 B010400 627
028 B020400 2292
028 B030400 0
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028 C020400 81
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028 D010400 1939
028 D020400 0
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028 D040400 3171
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028 E020400 0
028 E030400 0
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028 F010400 2149
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028 F030400 0
028 F040400 867
028 G010400 13980
028 G020400 2373
028 G030400 0
028 G040400 27042
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
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048 A010400 0
<PAGE> PAGE 46
048 A020400 0.000
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048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
<PAGE> PAGE 47
067 000400 N
068 A000400 N
068 B000400 Y
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 23880
071 B000400 30631
071 C000400 220907
071 D000400 11
072 A000400 6
072 B000400 342
072 C000400 4417
072 D000400 0
072 E000400 0
072 F000400 793
072 G000400 103
<PAGE> PAGE 48
072 H000400 0
072 I000400 0
072 J000400 39
072 K000400 8
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072 S000400 0
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072 U000400 1
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072 W000400 4
072 X000400 990
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072 Z000400 3769
072AA000400 8408
072BB000400 1102
072CC010400 11387
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 2376
073 A010400 0.0000
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074 D000400 10350
074 E000400 3297
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074 O000400 379
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<PAGE> PAGE 49
074 S000400 0
074 T000400 236360
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075 A000400 0
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076 000400 0.00
008 A000501 TEMPLETON INVESTMENT COUNSEL, INC.
008 B000501 A
008 C000501 801-15125
008 D010501 FORT LAUDERDALE
008 D020501 FL
008 D030501 33394
008 D040501 3091
015 A000501 THE CHASE MANHATTAN BANK,N.A.
015 B000501 S
015 C010501 BUENOS AIRES
015 D010501 ARGENTINA
015 D020501 1061
015 E040501 X
015 A000502 THE CHASE MANHATTAN BANK AUSTRALIA LTD
015 B000502 S
015 C010502 SYDNEY
015 D010502 AUSTRALIA
015 D020502 2000
015 E040502 X
015 A000503 CREDITANSTALT-BANKVEREIN
015 B000503 S
015 C010503 VIENNA
015 D010503 AUSTRIA
015 D020503 A-1011
015 E040503 X
015 A000504 STANDARD CHARTERED BANK
015 B000504 S
015 C010504 DHAKA
015 D010504 BANGLADESH
015 D020504 1000
015 E040504 X
015 A000505 GENERALE BANK
015 B000505 S
015 C010505 BRUXELLES
015 D010505 BELGIUM
015 D020505 1000
015 E040505 X
015 A000506 BANCO CHASE MANHATTAN,S.A.
015 B000506 S
<PAGE> PAGE 50
015 C010506 SAO PAULO
015 D010506 BRAZIL
015 D020506 SP 04719-002
015 E040506 X
015 A000507 THE ROYAL BANK OF CANADA
015 B000507 S
015 C010507 TORONTO
015 D010507 CANADA
015 D020507 M5J 2J5
015 E040507 X
015 A000508 CANADA TRUST
015 B000508 S
015 C010508 TORONTO
015 D010508 CANADA
015 D020508 M5J 2T2
015 E040508 X
015 A000509 CESKOSLOVENSKA OBCHODNI BANKA,A.S.
015 B000509 S
015 C010509 PRAHA
015 D010509 CZECH REPUBLIC
015 D020509 115 20
015 E040509 X
015 A000510 DEN DANSKE BANK
015 B000510 S
015 C010510 COPENHAGEN
015 D010510 DENMARK
015 D020510 1091
015 E040510 X
015 A000511 NATIONAL BANK OF EGYPT
015 B000511 S
015 C010511 CAIRO
015 D010511 EGYPT
015 E040511 X
015 A000512 MERITA BANK KOP
015 B000512 S
015 C010512 HELSINKI
015 D010512 FINLAND
015 D020512 00500
015 E040512 X
015 A000513 BANQUE PARIBAS
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015 C010513 PARIS
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015 D020513 75078
015 E040513 X
015 A000514 CHASE BANK A.G.
015 B000514 S
015 C010514 FRANKFURT
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015 D020514 60441
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<PAGE> PAGE 51
015 A000515 BARCLAYS BANK OF GHANA
015 B000515 S
015 C010515 ACCRA
015 D010515 GHANA
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015 A000516 BARCLAYS BANK PLC
015 B000516 S
015 C010516 ATHENS
015 D010516 GREECE
015 D020516 10562
015 E040516 X
015 A000517 THE CHASE MANHATTAN BANK, N.A.
015 B000517 S
015 C010517 HONG KONG
015 D010517 HONG KONG
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015 A000518 CITIBANK BUDAPEST RT.
015 B000518 S
015 C010518 BUDAPEST
015 D010518 HUNGARY
015 D020518 1052
015 E040518 X
015 A000519 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000519 S
015 C010519 JAKARTA
015 D010519 INDONESIA
015 D020519 10023
015 E040519 X
015 A000520 BANK OF IRELAND
015 B000520 S
015 C010520 DUBLIN
015 D010520 IRELAND
015 D020520 1
015 E040520 X
015 A000521 BANK LEUMI LE-ISRAEL B.M.
015 B000521 S
015 C010521 TEL AVIV
015 D010521 ISRAEL
015 D020521 61000
015 E040521 X
015 A000522 THE CHASE MANHATTAN BANK, N.A.
015 B000522 S
015 C010522 MILAN
015 D010522 ITALY
015 D020522 20121
015 E040522 X
015 A000523 THE CHASE MANHATTAN BANK, N.A.
015 B000523 S
015 C010523 TOKYO
015 D010523 JAPAN
015 D020523 100
<PAGE> PAGE 52
015 E040523 X
015 A000524 THE CHASE MANHATTAN BANK, N.A.
015 B000524 S
015 C010524 KUALA LUMPUR
015 D010524 MALAYSIA
015 D020524 50250
015 E040524 X
015 A000525 HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000525 S
015 C010525 CUREPIPE
015 D010525 MAURITIUS
015 E040525 X
015 A000526 THE CHASE MANHATTAN BANK, S.A.
015 B000526 S
015 C010526 MEXICO D.F.
015 D010526 MEXICO
015 D020526 11000
015 E040526 X
015 A000527 BANQUE COMMERCIALE DU MAROC
015 B000527 S
015 C010527 CASABLANCA
015 D010527 MOROCCO
015 D020527 20000
015 E040527 X
015 A000528 ABN AMRO N.V.
015 B000528 S
015 C010528 DE BREDA
015 D010528 NETHERLANDS
015 D020528 4800
015 E040528 X
015 A000529 NATIONAL NOMINEES LIMITED
015 B000529 S
015 C010529 AUCKLAND
015 D010529 NEW ZEALAND
015 E040529 X
015 A000530 DEN NORSKE BANK
015 B000530 S
015 C010530 OSLO
015 D010530 NORWAY
015 D020530 1
015 E040530 X
015 A000531 CITIBANK, N.A.
015 B000531 S
015 C010531 LIMA
015 D010531 PERU
015 D020531 27
015 E040531 X
015 A000532 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000532 S
015 C010532 MANILA
015 D010532 PHILIPPINES
<PAGE> PAGE 53
015 E040532 X
015 A000533 DEN NORSKE BANK
015 B000533 S
015 C010533 OSLO
015 D010533 NORWAY
015 D020533 1
015 E040533 X
015 A000534 BANK HANDLOWY W. WARSAWIE S.A.
015 B000534 S
015 C010534 WARSAW
015 D010534 POLAND
015 D020534 00-920
015 E040534 X
015 A000535 BANCO ESPIRITO SANTO & COMERCIAL DE LISBOA
015 B000535 S
015 C010535 LISBON
015 D010535 PORTUGAL
015 D020535 1200
015 E040535 X
015 A000536 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000536 S
015 C010536 SHANGHAI
015 D010536 CHINA
015 D020536 1376
015 E040536 X
015 A000537 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000537 S
015 C010537 SHENZHEN
015 D010537 CHINA
015 E040537 X
015 A000538 THE CHASE MANHATTAN BANK, N.A.
015 B000538 S
015 C010538 SINGAPORE
015 D010538 SINGAPORE
015 D020538 0104
015 E040538 X
015 A000539 CESKOSLOVENSKA OBCHODNI BANKA,A.S.
015 B000539 S
015 C010539 BRATISLAVA
015 D010539 SLOVAK REPUBLIC
015 D020539 815 63
015 E040539 X
015 A000540 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000540 S
015 C010540 SEOUL
015 D010540 SOUTH KOREA
015 E040540 X
015 A000541 THE CHASE MANHATTAN BANK, N.A.
015 B000541 S
015 C010541 MADRID
015 D010541 SPAIN
<PAGE> PAGE 54
015 D020541 28042
015 E040541 X
015 A000542 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000542 S
015 C010542 COLOMBO
015 D010542 SRI LANKA
015 D020542 1
015 E040542 X
015 A000543 SKANDINAVISKA ENSKILDA BANKEN
015 B000543 S
015 C010543 STOCKHOLM
015 D010543 SWEDEN
015 D020543 S-106 40
015 E040543 X
015 A000544 UNION BANK OF SWITZERLAND
015 B000544 S
015 C010544 ZURICH
015 D010544 SWITZERLAND
015 D020544 8021
015 E040544 X
015 A000545 THE CHASE MANHATTAN BANK, N.A.
015 B000545 S
015 C010545 BANGKOK
015 D010545 THAILAND
015 D020545 10500
015 E040545 X
015 A000546 THE CHASE MANHATTAN BANK, N.A.
015 B000546 S
015 C010546 ISTANBUL
015 D010546 TURKEY
015 D020546 80700
015 E040546 X
015 A000547 THE CHASE MANHATTAN BANK, N.A.
015 B000547 S
015 C010547 LONDON
015 D010547 UNITED KINGDOM
015 D020547 EC2P 2HD
015 E040547 X
015 A000548 THE CHASE MANHATTAN BANK, N.A.
015 B000548 C
015 C010548 NEW YORK
015 C020548 NY
015 C030548 10081
015 E010548 X
015 A000549 THE FIRST NATIONAL BANK OF BOSTON
015 B000549 S
015 C010549 MONTEVIDEO
015 D010549 URUGUAY
015 E040549 X
015 A000550 CITIBANK N.A.
015 B000550 S
<PAGE> PAGE 55
015 C010550 CARACAS
015 D010550 VENEZUELA
015 D020550 1010
015 E040550 X
015 A000551 BARCLAYS BANK OF ZAMBIA
015 B000551 S
015 C010551 LUSAKA
015 D010551 ZAMBIA
015 E040551 X
015 A000552 BARCLAYS BANK OF ZIMBABWE
015 B000552 S
015 C010552 HARARE
015 D010552 ZIMBABWE
015 E040552 X
015 A000553 CEDEL S.A.
015 B000553 S
015 C010553 LUXEMBOURG
015 D010553 LUXEMBOURG
015 E040553 X
015 A000554 FIRST CHICAGO CLEARING CENTRE
015 B000554 S
015 C010554 LONDON
015 D010554 UNITED KINGDOM
015 D020554 EC3A 1AA
015 E040554 X
015 A000555 AUSTRACLEAR RESERVE BANK
015 B000555 S
015 C010555 SYDNEY
015 D010555 AUSTRALIA
015 E040555 X
015 A000556 BANCO NACIONAL DE MEXICO
015 B000556 S
015 C010556 MEXICO D.F.
015 D010556 MEXICO
015 D020556 06040
015 E040556 X
015 A000557 BARCLAYS BANK OF GHANA
015 B000557 S
015 C010557 ACCRA
015 D010557 GHANA
015 E040557 X
024 000500 N
025 D000501 0
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 0
<PAGE> PAGE 56
028 A020500 386
028 A030500 0
028 A040500 0
028 B010500 0
028 B020500 0
028 B030500 0
028 B040500 0
028 C010500 0
028 C020500 0
028 C030500 0
028 C040500 0
028 D010500 0
028 D020500 0
028 D030500 0
028 D040500 0
028 E010500 0
028 E020500 0
028 E030500 0
028 E040500 0
028 F010500 0
028 F020500 0
028 F030500 0
028 F040500 0
028 G010500 0
028 G020500 386
028 G030500 0
028 G040500 0
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.700
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
<PAGE> PAGE 57
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 N
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
<PAGE> PAGE 58
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 216
071 B000500 658
071 C000500 15376
071 D000500 1
072 A000500 6
072 B000500 12
072 C000500 50
072 D000500 0
072 E000500 0
072 F000500 10
072 G000500 1
072 H000500 0
072 I000500 0
072 J000500 0
072 K000500 0
072 L000500 0
072 M000500 0
072 N000500 2
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 0
072 S000500 0
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 0
072 X000500 13
072 Y000500 0
<PAGE> PAGE 59
072 Z000500 49
072AA000500 68
072BB000500 246
072CC010500 482
072CC020500 0
072DD010500 83
072DD020500 0
072EE000500 303
073 A010500 0.0323
073 A020500 0.0000
073 B000500 0.1185
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 0
074 M000500 0
074 N000500 0
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 0
074 S000500 0
074 T000500 0
074 U010500 0
074 U020500 0
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 0
074 Y000500 0
075 A000500 0
075 B000500 17812
076 000500 0.00
SIGNATURE JAMES R. BAIO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Templeton Institutional Funds, Inc. Growth Series June 30, 1996 semi-annual
report and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000865722
<NAME> TEMPLETON FOREIGN EQUITY SERIES
<SERIES>
<NUMBER> 1
<NAME> TEMPLETON INSTITUTIONAL FUNDS, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 2149443953
<INVESTMENTS-AT-VALUE> 2406678450
<RECEIVABLES> 70348506
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2477026956
<PAYABLE-FOR-SECURITIES> 11653950
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2621025
<TOTAL-LIABILITIES> 14274975
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2142885799
<SHARES-COMMON-STOCK> 159475465
<SHARES-COMMON-PRIOR> 129496379
<ACCUMULATED-NII-CURRENT> 48543340
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14088345
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 257234497
<NET-ASSETS> 2462751981
<DIVIDEND-INCOME> 50613754
<INTEREST-INCOME> 7857357
<OTHER-INCOME> 0
<EXPENSES-NET> 9306374
<NET-INVESTMENT-INCOME> 49164737
<REALIZED-GAINS-CURRENT> 18619308
<APPREC-INCREASE-CURRENT> 139286831
<NET-CHANGE-FROM-OPS> 207070876
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1378309)
<DISTRIBUTIONS-OF-GAINS> (6900736)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 35467341<F1>
<NUMBER-OF-SHARES-REDEEMED> (6070718)
<SHARES-REINVESTED> 582463
<NET-CHANGE-IN-ASSETS> 644868674
<ACCUMULATED-NII-PRIOR> 756912
<ACCUMULATED-GAINS-PRIOR> 2369773
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7463667
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9306374
<AVERAGE-NET-ASSETS> 2145961854
<PER-SHARE-NAV-BEGIN> 14.04
<PER-SHARE-NII> .31
<PER-SHARE-GAIN-APPREC> 1.15
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> (.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.44
<EXPENSE-RATIO> .87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Number of shares sold includes 1,243,044 shares issued on the merger of
Foreign Equity (South Africa Free) Series into Foreign Equity Series.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Templeton Institutional Funds, Inc. Growth Series June 30, 1996 semi-annual
report and is qualified to its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000865722
<NAME> TIFI GROWTH SERIES
<SERIES>
<NUMBER> 4
<NAME> TEMPLETON INSTITUTIONAL FUNDS, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 198885181
<INVESTMENTS-AT-VALUE> 235889198
<RECEIVABLES> 1360284
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 2638
<TOTAL-ASSETS> 237252120
<PAYABLE-FOR-SECURITIES> 379088
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 513322
<TOTAL-LIABILITIES> 892410
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 190232261
<SHARES-COMMON-STOCK> 18253508
<SHARES-COMMON-PRIOR> 19141240
<ACCUMULATED-NII-CURRENT> 3769208
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5354224
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37004017
<NET-ASSETS> 236359710
<DIVIDEND-INCOME> 4416910
<INTEREST-INCOME> 341904
<OTHER-INCOME> 0
<EXPENSES-NET> 989606
<NET-INVESTMENT-INCOME> 3769208
<REALIZED-GAINS-CURRENT> 7305646
<APPREC-INCREASE-CURRENT> 11386741
<NET-CHANGE-FROM-OPS> 22461595
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2376355)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1106066
<NUMBER-OF-SHARES-REDEEMED> (2187226)
<SHARES-REINVESTED> 193428
<NET-CHANGE-IN-ASSETS> 9396701
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 424933
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 792886
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 989606
<AVERAGE-NET-ASSETS> 227798438
<PER-SHARE-NAV-BEGIN> 11.86
<PER-SHARE-NII> .21
<PER-SHARE-GAIN-APPREC> 1.02
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.14)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.95
<EXPENSE-RATIO> .87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON INSTITUTIONAL EMERGING MARKETS SERIES JUNE 30, 1996 SEMI-ANNUAL
REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<RESTATED>
<CIK> 0000865722
<NAME> TEMPLETON INSTITUTIONAL EMERGING MARKETS SERIES
<SERIES>
<NUMBER> 2
<NAME> TIFI EMERGING MARKETS SERIES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 1259901846
<INVESTMENTS-AT-VALUE> 1318238483
<RECEIVABLES> 10108396
<ASSETS-OTHER> 7691
<OTHER-ITEMS-ASSETS> 237537
<TOTAL-ASSETS> 1328502107
<PAYABLE-FOR-SECURITIES> 11376056
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2009194
<TOTAL-LIABILITIES> 13385250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1237421709
<SHARES-COMMON-STOCK> 107563190
<SHARES-COMMON-PRIOR> 74261758
<ACCUMULATED-NII-CURRENT> 15190083
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4168428
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 58336637
<NET-ASSETS> 1315116857
<DIVIDEND-INCOME> 17580260
<INTEREST-INCOME> 5101042
<OTHER-INCOME> 0
<EXPENSES-NET> 8196172
<NET-INVESTMENT-INCOME> 14485130
<REALIZED-GAINS-CURRENT> 5651109
<APPREC-INCREASE-CURRENT> 106830281
<NET-CHANGE-FROM-OPS> 126966520
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (433339)
<DISTRIBUTIONS-OF-GAINS> (2166047)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 35281428
<NUMBER-OF-SHARES-REDEEMED> (2194855)
<SHARES-REINVESTED> 214859
<NET-CHANGE-IN-ASSETS> 516601793
<ACCUMULATED-NII-PRIOR> 1138292
<ACCUMULATED-GAINS-PRIOR> 683366
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6704909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8196172
<AVERAGE-NET-ASSETS> 1079131870
<PER-SHARE-NAV-BEGIN> 10.75
<PER-SHARE-NII> .13
<PER-SHARE-GAIN-APPREC> 1.38
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.01)
<RETURNS-OF-CAPITAL> (.02)
<PER-SHARE-NAV-END> 12.23
<EXPENSE-RATIO> 1.52
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON INSTITUTIONAL GLOBAL FIXED INCOME SERIES JUNE 30, 1996 SEMI-
ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<CIK> 0000865722
<NAME> TEMPLETON INSTITUTIONAL GLOBAL FIXED INCOME SERIES
<SERIES>
<NUMBER> 3
<NAME> TIFI GLOBAL FIXED INCOME SERIES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 93845
<INVESTMENTS-AT-VALUE> 93246
<RECEIVABLES> 6212
<ASSETS-OTHER> 2615
<OTHER-ITEMS-ASSETS> 14754
<TOTAL-ASSETS> 116827
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12577
<TOTAL-LIABILITIES> 12577
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 157686
<SHARES-COMMON-STOCK> 12977
<SHARES-COMMON-PRIOR> 12961
<ACCUMULATED-NII-CURRENT> 2026
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (54863)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (599)
<NET-ASSETS> 104250
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2671
<OTHER-INCOME> 0
<EXPENSES-NET> 515
<NET-INVESTMENT-INCOME> 2156
<REALIZED-GAINS-CURRENT> (840)
<APPREC-INCREASE-CURRENT> 16
<NET-CHANGE-FROM-OPS> 1332
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (130)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 16
<NET-CHANGE-IN-ASSETS> 1332
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (54023)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 51
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 26412
<AVERAGE-NET-ASSETS> 103522
<PER-SHARE-NAV-BEGIN> 7.94
<PER-SHARE-NII> .17
<PER-SHARE-GAIN-APPREC> (.07)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.03
<EXPENSE-RATIO> 1.00<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>THE EXPENSE RATIO PER THE TEMPLETON INSTITUTIONAL GLOBAL FIXED INCOME
SERIES SEMI-ANNUAL REPORT JUNE 30, 1996 WITHOUT REIMBURSEMENT EQUALED
51.17%.
</FN>
</TABLE>
On January 29, 1996, Templeton Institutional Funds, Inc., Foreign Equity Series
("Foreign Equity") acquired all of the net assets of Templeton Institutional
Funds, Inc. Foreign Equity (South Africa Free) Series ("South Africa Free")
pursuant to a plan of reorganization approved by South Africa Free shareholders.
The reorganization was accomplished by a tax free exchange of shares of Foreign
Equity (valued at $17,800,619) for the net assets of South Africa Free, which
aggregated, $17,800,619, including $1,537,866 of unrealized appreciation. The
combined net assets of Foreign Equity immediately after the reorganization were
$1,911,308,133.
The reorganization had approval of 87% South Africa Free's outstanding shares.
