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)
Templeton Developing Markets Trust
PROSPECTUSES DATED JULY 10, 1995
Templeton Global Infrastructure Fund
Templeton Growth and Income Fund
PROSPECTUS DATED MAY 1, 1995
Templeton American Trust, Inc.
* * *
The prospectuses for the above Funds are hereby supplemented by adding the
following language to the section GENERAL INFORMATION - "DIVIDENDS AND
DISTRIBUTIONS":
Shareholders in Class II funds may direct their dividends and capital gain
distributions for investment in a Class I Franklin Templeton money market fund.
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 money market fund, or
to another person.
August 31, 1995 TL STKR2 8/95
