SUPPLEMENT TO THE PROSPECTUS
PROSPECTUS DATED MAY 1, 1995
Templeton American Trust, Inc.
* * *
The prospectus for the above Fund is hereby supplemented by deleting the text of
the fourth paragraph in the section "HOW TO BUY SHARES OF THE FUND - NET ASSET
VALUE PURCHASES (BOTH CLASSES)" and inserting the following text:
"Class I Shares may be purchased at net asset value and without the
imposition of a contingent deferred sales charge by investors who have, within
the past 60 days, redeemed an investment in a mutual fund which is not part of
the Franklin Templeton Funds which was subject to a front-end sales charge or a
contingent deferred sales charge and which has investment objectives similar to
those of the Fund."
In addition, the period in which investors may reinvest at net asset value is
increased to 365 days from 120 days. This privilege extends to reinvestment of
redemption proceeds, dividends and capital gain distributions initially paid in
cash and, for a taxable fund, any distributions from an existing retirement
account which was already invested in the Franklin Templeton Funds, including
participants of the Franklin Templeton Profit Sharing 401(k) plan.
September 20, 1995 TL100 STKR 09/95
