TEMPLETON DEVELOPING MARKETS TRUST
AW, 1995-03-17
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March 16, 1995


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549
ATTN:  Francis E. Dalton

RE:  Templeton Developing Markets Trust
     File No. 33-42163


Dear Sir:

Pursuant to Rule 477 under the Securities Act of 1933, Templeton Developing
Markets Trust (the "Trust") hereby withdraws Post Effective Amendment No. 4 to
the Trust's Registration Statement on Form N-1A, which was filed electronically
on March 2, 1995, to become effective pursuant to Rule 485(b) on April 1, 1995. 
This withdrawal is necessary because the Fund will be unable to effect the
changes described in the Post-Effective Amendment by April 1, 1995.

Please direct any questions regarding this matter to William Kotapish of Dechert
Price & Rhoads at (202) 626-3409.

Sincerely,

/s/ JOHN K. CARTER

John K. Carter
Associate Counsel





cc:  William Kotapish






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