SUPPLEMENT TO THE PROSPECTUS
PROSPECTUSES DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED MAY 25, 1995 AND
SUPPLEMENTED JULY 26, 1995 AND OCTOBER 2, 1995)
Templeton Real Estate Securities Fund
Templeton World Fund
* * *
PROSPECTUSES DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED JULY 25, 1995 AND
SUPPLEMENTED OCTOBER 2, 1995)
Templeton Global Opportunities Trust
Templeton Foreign Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED SEPTEMBER 1, 1995
AND SUPPLEMENTED OCTOBER 2, 1995)
Templeton Smaller Companies Growth Fund, Inc.
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED AUGUST 10, 1995 AND
SUPPLEMENTED SEPTEMBER 29, 1995 AND
OCTOBER 2, 1995)
Templeton Developing Markets Trust
* * *
PROSPECTUS DATED JULY 10, 1995
(AS PREVIOUSLY SUPPLEMENTED ON OCTOBER 2, 1995)
Templeton Global Infrastructure Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY SUPPLEMENTED ON SEPTEMBER 20, 1995
AND OCTOBER 2, 1995)
Templeton American Trust, Inc.
* * *
PROSPECTUS DATED MAY 8, 1995
(AS PREVIOUSLY AMENDED AUGUST 31, 1995
AND SUPPLEMENTED OCTOBER 2, 1995 AND
NOVEMBER 8, 1995)
Templeton Region Funds
* * *
PROSPECTUS DATED AUGUST 1, 1995
(AS PREVIOUSLY SUPPLEMENTED ON OCTOBER 2, 1995)
Franklin Templeton Japan Fund
* * *
PROSPECTUS DATED JULY 10, 1995
(AS PREVIOUSLY SUPPLEMENTED ON JULY 26, 1995,
AUGUST 8, 1995 AND OCTOBER 2, 1995)
Templeton Americas Government Securities Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED SEPTEMBER 7, 1995 AND
AND SUPPLEMENTED OCTOBER 2, 1995)
Templeton Growth Fund, Inc.
* * *
PROSPECTUS DATED MAY 1, 1995
(as previously amended August 11, 1995 and
supplemented October 2, 1995)
Templeton Income Fund
* * *
The prospectuses for the above Funds are hereby supplemented by replacing the
clause which discusses waivers to participants in individual retirement plan
accounts under "HOW TO SELL SHARES OF THE FUND(S) - CONTINGENT DEFERRED SALES
CHARGE" with the following:
"; distributions from an individual retirement plan account due to
death or disability, or upon periodic distributions based on life
expectancy;"
December 5, 1995 TL STKR4 12/95
