oGOF SAIP1
SUPPLEMENT DATED JANUARY 1, 1998
TO THE STATEMENTS OF ADDITIONAL
INFORMATION OF
FRANKLIN BLUE CHIP FUND
FRANKLIN MIDCAP GROWTH FUND
DATED SEPTEMBER 1, 1997
The statement of additional information is amended to replace the first
paragraph in the section "The Rule 12b-1 Plan," found under "The Fund's
Underwriter," with the following:
The Fund has adopted a distribution plan or "Rule 12b-1 plan" pursuant to Rule
12b-1 of the 1940 Act. Under the plan, the Fund may pay up to a maximum of
0.35% per year of its average daily net assets, payable quarterly, for expenses
incurred in the promotion and distribution of its shares. Of this amount, the
Fund may reimburse up to 0.35% to Distributors or others, out of which 0.10%
will generally be retained by Distributors for its distribution expenses.
