SUPPLEMENT TO THE PROSPECTUS
Templeton American Trust, Inc.
Prospectus dated May 1, 1994
(as previously supplemented September 16, 1994)
The first paragraph of the section entitled "HOW TO BUY SHARES OF THE FUND -
DEALER COMPENSATION" is deleted and replaced with the following:
FTD intends to pay dealers a selling commission of 2% of the sale price of
Shares sold by such dealers, subject to future amendment or termination.
FTD will retain up to 1.0% of the distribution fee paid to it by the Fund
and will receive the entire amount of the contingent deferred sales charge
paid by Shareholders on the redemption of Shares to finance the 2%
commission plus interest and related marketing expenses. The commissions
will be paid to dealers semi-monthly for direct cash investments in the
Fund and, in the case of wire order sales, the commission will be netted
from wire order settlement proceeds.
March 21, 1995 TL700 STKR 03/95
