1
SUPPLEMENT TO THE PROSPECTUS
PROSPECTUSES DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED MAY 25, 1995 AND
SUPPLEMENTED JULY 26, 1995)
Templeton World Fund
Templeton Real Estate Securities Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED JULY 25, 1995)
Templeton Foreign Fund
Templeton Global Opportunities Trust
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED SEPTEMBER 1, 1995)
Templeton Smaller Companies Growth Fund, Inc.
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED AUGUST 11, 1995)
Templeton Income Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED AUGUST 10, 1995 AND
SUPPLEMENTED SEPTEMBER 29, 1995)
Templeton Developing Markets Trust
* * *
PROSPECTUSES DATED JULY 10, 1995
Templeton Global Infrastructure Fund
Templeton Growth and Income Fund
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY SUPPLEMENTED SEPTEMBER 20, 1995)
Templeton American Trust, Inc.
* * *
PROSPECTUS DATED MAY 8, 1995
(AS PREVIOUSLY AMENDED AUGUST 31, 1995)
Templeton Region Funds
* * *
PROSPECTUS DATED MAY 1, 1995
(AS PREVIOUSLY AMENDED SEPTEMBER 7, 1995)
Templeton Growth Fund, Inc.
* * *
The prospectuses for the above Funds are hereby supplemented by adding the
following language to the section "GENERAL INFORMATION - DIVIDENDS AND
DISTRIBUTIONS" (the following language replaces the sixth and seventh sentences
of the first paragraph of this section in the Templeton Growth Fund, Inc. and
the Templeton Region Funds prospectuses):
Shareholders in Class II funds may also direct their dividends and
capital gain distributions for investment in a Class I Franklin
Templeton Fund at net asset value. By completing the "Special Payment
Instructions for Distributions" section of the Shareholder Application
included with this Prospectus, a Shareholder may direct the selected
distributions to the same class of another fund in the Franklin
Templeton Funds, to a Class I Franklin Templeton Fund, or to another
person.
The following language is added to the second paragraph of the section "HOW TO
BUY SHARES OF THE FUND - NET ASSET VALUE PURCHASES (BOTH CLASSES)" (the
following language is added to the third paragraph of this section in the
Templeton World Fund, Templeton Real Estate Securities Fund, Templeton Global
Infrastructure Fund, Templeton American Trust, Inc., and Templeton Growth and
Income Fund prospectuses) and after the first sentence in the section entitled
"HOW TO SELL SHARES OF THE FUND - REINSTATEMENT PRIVILEGE" (except for Templeton
American Trust, Inc.):
Class II Shareholders may also invest such distributions at net asset
value in a Class I Franklin Templeton Fund.
October 2, 1995 TL STKR3 9/95