Z954 P-1
SUPPLEMENT DATED OCTOBER 22, 1999
TO THE PROSPECTUS OF
TEMPLETON INSTITUTIONAL FUNDS, INC.
(FOREIGN EQUITY SERIES SERVICE SHARES)
DATED MAY 1, 1999
The Prospectus is amended to replace the section "By Phone" in the Buying Shares
table found on page 16 with the following:
<TABLE>
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<S> <C> <C>
[Insert graphics of
three lightning bolts]
BY WIRE Call to receive a wire Call to receive a wire control
1-800/321-8563 control number and wire number and wire instructions.
(or 1-650/312-3600 instructions.
collect) To make a same day wire investment,
please call us by 1:00 p.m. pacific
Wire the funds and mail your time and make sure your wire arrives
signed Institutional Account by 3:00 p.m.
Application to Institutional
Services. Please include the
wire control number or your
new account number on the
application.
To make a same day wire
investment, please call us by
1:00 p.m. pacific time and
make sure your wire arrives
by 3:00 p.m.
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</TABLE>
Please keep this supplement for future reference.
