<PAGE>
PAGE 1
000 A000000 06/30/97
000 C000000 878087
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 TEMPLETON DEVELOPING MARKETS TRUST
001 B000000 811-6378
001 C000000 9545277591
002 A000000 500 E BROWARD BLVD SUITE 2100
002 B000000 FT LAUDERDALE
002 C000000 FL
002 D010000 33394
002 D020000 3091
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
<PAGE>
PAGE 2
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
<PAGE>
PAGE 3
007 C018000 80
008 A000001 TEMPLETON ASSET MANAGEMENT LTD
008 B000001 A
008 C000001 801-42353
008 D010001 HONG KONG
008 D050001 HONG KONG
010 A000001 FRANKLIN TEMPLETON SERVICES, INC.
010 B000001 8-31192
010 C010001 FT LAUDERDALE
010 C020001 FL
010 C030001 33394
010 C040001 3091
011 A000001 FRANKLIN TEMPLETON DISTRIBUTORS,INC.
011 B000001 8-00000
011 C010001 ST PETERSBURG
011 C020001 FL
011 C030001 33701
011 C040001 3628
012 A000001 FRANKLIN TEMPLETON INVESTOR SERVICES,INC.
012 B000001 84-00000
012 C010001 ST PETERSBURG
012 C020001 FL
012 C030001 33701
012 C040001 3628
013 A000001 MC GLADREY & PULLEN,LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10017
013 B040001 2416
015 A000001 THE CHASE MANHATTAN BANK
015 B000001 S
015 C010001 BUENOS AIRES
015 D010001 ARGENTINA
015 D020001 1061
015 E040001 X
015 A000002 THE CHASE MANHATTAN BANK
015 B000002 S
015 C010002 SYDNEY
015 D010002 AUSTRALIA
015 D020002 2000
015 E040002 X
015 A000003 CREDITANSTALT BANKVEREIN
015 B000003 S
015 C010003 VIENNA
015 D010003 AUSTRIA
015 D020003 A-1011
015 E040003 X
015 A000004 STANDARD CHARTERED BANK
015 B000004 S
015 C010004 DHAKA
015 D010004 BANGLADESH
<PAGE>
PAGE 4
015 D020004 1000
015 E040004 X
015 A000005 GENERALE BANK
015 B000005 S
015 C010005 BRUSSELS
015 D010005 BELGIUM
015 D020005 1000
015 E040005 X
015 A000006 BANCO CHASE MANHATTAN, S.A.
015 B000006 S
015 C010006 SAO PAULO
015 D010006 BRAZIL
015 D020006 04719-002
015 E040006 X
015 A000007 THE ROYAL BANK OF CANADA
015 B000007 S
015 C010007 TORONTO
015 D010007 CANADA
015 D020007 M5J 2J5
015 E040007 X
015 A000008 DELETE
015 A000009 CITITRUST COLUMBIA S.A.
015 B000009 S
015 C010009 SANTAFE DE BOGOTA
015 D010009 COLUMBIA
015 E040009 X
015 A000010 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000010 S
015 C010010 PRAHA
015 D010010 CZECH REPUBLIC
015 E040010 X
015 A000011 DEN DANSKE BANK
015 B000011 S
015 C010011 COPENHAGEN
015 D010011 DENMARK
015 E040011 X
015 A000012 NATIONAL BANK OF EGYPT
015 B000012 S
015 C010012 CAIRO
015 D010012 EGYPT
015 E040012 X
015 A000013 BANQUE GENERALE DU LUXEMBOURG SA
015 B000013 S
015 C010013 LUXEMBOURG
015 D010013 LUXEMBOURG
015 E040013 X
015 A000014 MERITA BANK LTD
015 B000014 S
015 C010014 HELSINKI
015 D010014 FINLAND
015 E040014 X
<PAGE>
PAGE 5
015 A000015 BANQUE PARIBAS
015 B000015 S
015 C010015 PARIS
015 D010015 FRANCE
015 D020015 75078
015 E040015 X
015 A000016 CHASE BANK A.G.
015 B000016 S
015 C010016 FRANKFURT
015 D010016 GERMANY
015 D020016 60284
015 E040016 X
015 A000017 BARCLAYS BANK OF GHANA LTD
015 B000017 S
015 C010017 ACCRA
015 D010017 GHANA
015 E040017 X
015 A000018 BARCLAYS BANK PLC
015 B000018 S
015 C010018 ATHENS
015 D010018 GREECE
015 D020018 10562
015 E040018 X
015 A000019 THE CHASE MANHATTAN BANK
015 B000019 S
015 C010019 HONG KONG
015 D010019 HONG KONG
015 E040019 X
015 A000020 CITIBANK BUDAPEST RT.
015 B000020 S
015 C010020 BUDAPEST
015 D010020 HUNGARY
015 D020020 H-1051
015 E040020 X
015 A000021 THE HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000021 S
015 C010021 BOMBAY
015 D010021 INDIA
015 D020021 400 001
015 E040021 X
015 A000022 BARCLAYS BANK PLC
015 B000022 S
015 C010022 NICOSIA
015 D010022 CYPRUS
015 D020022 1644
015 E040022 X
015 A000023 THE HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000023 S
015 C010023 JAKARTA
015 D010023 INDONESIA
015 D020023 10023
<PAGE>
PAGE 6
015 E040023 X
015 A000024 BANK OF IRELAND
015 B000024 S
015 C010024 DUBLIN
015 D010024 IRELAND
015 D020024 1
015 E040024 X
015 A000025 BANK LEUMI LE ISRAEL B.M.
015 B000025 S
015 C010025 TEL AVIV
015 D010025 ISRAEL
015 D020025 61000
015 E040025 X
015 A000026 BANQUE PARIBUS
015 B000026 S
015 C010026 MILAN
015 D010026 ITALY
015 D020026 20121
015 E040026 X
015 A000027 THE FUJI BANK LTD
015 B000027 S
015 C010027 TOKYO
015 D010027 JAPAN
015 E040027 X
015 A000028 THE CHASE MANHATTAN BANK
015 B000028 S
015 C010028 KUALA LUMPUR
015 D010028 MALAYSIA
015 D020028 50250
015 E040028 X
015 A000029 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000029 S
015 C010029 CUREPIPE
015 D010029 MAURITIUS
015 E040029 X
015 A000030 THE CHASE MANHATTAN BANK, S.A.
015 B000030 S
015 C010030 MEXICO D.F.
015 D010030 MEXICO
015 D020030 01210
015 E040030 X
015 A000031 BANQUE COMMERCIALE DU MAROC
015 B000031 S
015 C010031 CASABALANCA
015 D010031 MOROCCO
015 D020031 20000
015 E040031 X
015 A000032 ABN AMRO N.V.
015 B000032 S
015 C010032 DE BREDA
015 D010032 NETHERLANDS
<PAGE>
PAGE 7
015 D020032 4800
015 E040032 X
015 A000033 NATIONAL NOMINEES LIMITED
015 B000033 S
015 C010033 AUCKLAND
015 D010033 NEW ZEALAND
015 E040033 X
015 A000034 DEN NORSKE BANK
015 B000034 S
015 C010034 OSLO
015 D010034 NORWAY
015 D020034 N-0107
015 E040034 X
015 A000035 CITIBANK N.A.
015 B000035 S
015 C010035 KARACHI
015 D010035 PAKISTAN
015 D020035 74200
015 E040035 X
015 A000036 DELETE
015 A000037 CITIBANK, N.A.
015 B000037 S
015 C010037 LIMA
015 D010037 PERU
015 D020037 27
015 E040037 X
015 A000038 THE HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000038 S
015 C010038 PASIG CITY
015 D010038 PHILIPPINES
015 E040038 X
015 A000039 BANK HANDLOWY W. WARSAWIE S.A.
015 B000039 S
015 C010039 WARSAW
015 D010039 POLAND
015 D020039 00-920
015 E040039 X
015 A000040 BANCO ESPIRITO SANTO & COMERCIAL DE LISBOA
015 B000040 S
015 C010040 LISBON
015 D010040 PORTUGAL
015 D020040 1200
015 E040040 X
015 A000041 THE HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000041 S
015 C010041 SHANGHAI
015 D010041 CHINA
015 E040041 X
015 A000042 THE HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000042 S
015 C010042 SHENZHEN
<PAGE>
PAGE 8
015 D010042 CHINA
015 E040042 X
015 A000043 THE CHASE MANHATTAN BANK
015 B000043 S
015 C010043 SINGAPORE
015 D010043 SINGAPORE
015 D020043 189720
015 E040043 X
015 A000044 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000044 S
015 C010044 BRATISLAVA
015 D010044 SLOVAK REPUBLIC
015 D020044 815 63
015 E040044 X
015 A000045 THE STANDARD BANK OF SOUTH AFRICA, LTD
015 B000045 S
015 C010045 JOHANNESBURG
015 D010045 SOUTH AFRICA
015 D020045 2001
015 E040045 X
015 A000046 THE HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000046 S
015 C010046 SEOUL
015 D010046 SOUTH KOREA
015 E040046 X
015 A000047 THE CHASE MANHATTAN BANK
015 B000047 S
015 C010047 MADRID
015 D010047 SPAIN
015 D020047 28046
015 E040047 X
015 A000048 THE HONGKONG & SHANGHAI BANKING CORP LTD.
015 B000048 S
015 C010048 COLOMBO
015 D010048 SRI LANKA
015 D020048 1
015 E040048 X
015 A000049 SKANDINAVISKA ENSKILDA BANKEN
015 B000049 S
015 C010049 STOCKHOLM
015 D010049 SWEDEN
015 D020049 S-106 40
015 E040049 X
015 A000050 UNION BANK OF SWITZERLAND
015 B000050 S
015 C010050 ZURICH
015 D010050 SWITZERLAND
015 D020050 8021
015 E040050 X
015 A000051 THE CHASE MANHATTAN BANK
015 B000051 S
<PAGE>
PAGE 9
015 C010051 BANGKOK
015 D010051 THAILAND
015 D020051 10500
015 E040051 X
015 A000052 THE CHASE MANHATTAN BANK
015 B000052 S
015 C010052 ISTANBUL
015 D010052 TURKEY
015 D020052 80700
015 E040052 X
015 A000053 THE CHASE MANHATTAN BANK
015 B000053 S
015 C010053 LONDON
015 D010053 UNITED KINGDOM
015 D020053 EC2P 2HD
015 E040053 X
015 A000054 THE FIRST NATIONAL BANK OF BOSTON
015 B000054 S
015 C010054 MONTEVIDEO
015 D010054 URUGUAY
015 E040054 X
015 A000055 THE CHASE MANHATTAN BANK
015 B000055 C
015 C010055 NEW YORK
015 C020055 NY
015 C030055 10081
015 E010055 X
015 A000056 CITIBANK N.A.
015 B000056 S
015 C010056 CARACAS
015 D010056 VENEZUELA
015 D020056 1010
015 E040056 X
015 A000057 BARCLAYS BANK OF ZAMBIA
015 B000057 S
015 C010057 LUSAKA
015 D010057 ZAMBIA
015 E040057 X
015 A000058 BARCLAYS BANK OF ZIMBABWE
015 B000058 S
015 C010058 HARARE
015 D010058 ZIMBABWE
015 E040058 X
015 A000059 THE BRITISH BANK OF THE MIDDLE EAST
015 B000059 S
015 C010059 RUWI, MUSCAT
015 D010059 OMAN
015 E040059 X
015 A000060 STANBIC BANK SWAZILAND LTD
015 B000060 S
015 C010060 MBABANE
<PAGE>
PAGE 10
015 D010060 SWAZILAND
015 E040060 X
015 A000061 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000061 S
015 C010061 GABORONE
015 D010061 BOTSWANA
015 E040061 X
015 A000062 BARCLAYS BANK OF KENYA
015 B000062 S
015 C010062 NAIROBI
015 D010062 KENYA
015 E040062 X
015 A000063 CHASE MANHATTAN BANK INTERNATIONAL (CMBI)
015 B000063 S
015 C010063 MOSCOW
015 D010063 RUSSIA
015 D020063 125047
015 E040063 X
015 A000064 THE CHASE MANHATTAN BANK
015 B000064 S
015 C010064 TAIPEI
015 D010064 TAIWAN
015 E040064 X
015 A000065 CITIBANK, N.A.
015 B000065 S
015 C010065 QUITO
015 D010065 ECUADOR
015 E040065 X
015 A000066 STANDARD BANK NAMIBIA LTD
015 B000066 S
015 C010066 WINDHOEK
015 D010066 NAMIBIA
015 E040066 X
015 A000067 CEDEL BANK, S.A.
015 B000067 S
015 C010067 LUXEMBOURG
015 D010067 LUXEMBOURG
015 E040067 X
015 A000068 FIRST CHICAGO CLEARING CENTRE
015 B000068 S
015 C010068 LONDON
015 D010068 UNITED KINGDOM
015 D020068 EC3A1AA
015 E040068 X
015 A000069 AUSTRACLEAR RESERVE BANK
015 B000069 S
015 C010069 SYDNEY
015 D010069 AUSTRALIA
015 E040069 X
015 A000070 BRITISH BANK OF THE MIDDLE EAST
015 B000070 S
<PAGE>
PAGE 11
015 C010070 MANARINA
015 D010070 BAHRAIN
015 E040070 X
015 A000071 ARAB BANK LIMITED
015 B000071 S
015 C010071 SHMEISANI
015 D010071 JORDAN
015 D020071 950544-5
015 E040071 X
015 A000072 THE BRITISH BANK OF THE MIDDLE EAST
015 B000072 S
015 C010072 RAS-BEIRUT
015 D010072 LEBANON
015 E040072 X
018 000000 Y
019 A000000 Y
019 B000000 206
019 C000000 FRNKTEMGRP
020 A000001 PEREGINE SECURITIES
020 B000001 13-3580644
020 C000001 681
020 A000002 SASSOON SECURITIES
020 B000002 SINGAPORE
020 C000002 549
020 A000003 WI CARR LTD
020 B000003 13-2927466
020 C000003 500
020 A000004 CROSBY SECURITIES
020 B000004 13-3662490
020 C000004 349
020 A000005 NOMURA SECURITIES INT'L
020 B000005 13-2642206
020 C000005 317
020 A000006 ACCIONES Y VALORES
020 B000006 MEXICO
020 C000006 258
020 A000007 BARING SECURITIES
020 B000007 04-2455153
020 C000007 168
020 A000008 MAXWELL Y ESPINOSA
020 B000008 SPAIN
020 C000008 146
020 A000009 MORGAN GRENFELL
020 B000009 13-2730828
020 C000009 143
020 A000010 ARAB MALAYSIAN SECURITIES
020 B000010 MALAYSIA
020 C000010 121
021 000000 7221
022 A000001 CHASE MANHATTAN BANK
022 B000001 13-2633612
<PAGE>
PAGE 12
022 C000001 1509616
022 D000001 175104
022 A000002 GLOBAL SECURITIES
022 B000002 TURKEY
022 C000002 14400
022 D000002 0
022 A000003 INTERFUND TRANSFERS
022 C000003 11062
022 D000003 0
022 A000004 ING LONDON
022 B000004 ENGLAND
022 C000004 5411
022 D000004 1365
022 A000005 ATON INVESTMENT MOSCOW
022 B000005 RUSSIA
022 C000005 4288
022 D000005 125
022 A000006 ALPHA CAPITAL MOSCOW
022 B000006 RUSSIA
022 C000006 3146
022 D000006 0
022 A000007 YURI LOPAPINSKY
022 B000007 RUSSIA
022 C000007 2841
022 D000007 75
022 A000008 MORGAN GREENFELL ASIA
022 B000008 SINGAPORE
022 C000008 2442
022 D000008 198
022 A000009 UNITED FINANCIAL GROUP
022 B000009 RUSSIA
022 C000009 2288
022 D000009 0
022 A000010 BANK HANDLOWY
022 B000010 POLAND
022 C000010 1994
022 D000010 0
023 C000000 1567730
023 D000000 178544
024 000000 N
025 A000001 DELETE
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 Y
026 B000000 Y
<PAGE>
PAGE 13
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A010000 182135
028 A020000 0
028 A030000 0
028 A040000 58998
028 B010000 222358
028 B020000 17339
028 B030000 0
028 B040000 65779
028 C010000 150399
028 C020000 261
028 C030000 0
028 C040000 75910
028 D010000 153533
028 D020000 3
028 D030000 0
028 D040000 79219
028 E010000 199373
028 E020000 2
028 E030000 0
028 E040000 63778
028 F010000 208161
028 F020000 1
028 F030000 0
028 F040000 53172
028 G010000 1115959
028 G020000 17606
028 G030000 0
028 G040000 396856
028 H000000 399167
029 000000 Y
030 A000000 13828
030 B000000 5.75
030 C000000 0.00
031 A000000 1157
031 B000000 0
032 000000 12671
033 000000 0
034 000000 Y
035 000000 68
036 A000000 Y
036 B000000 0
037 000000 N
038 000000 0
<PAGE>
PAGE 14
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 100
043 000000 6980
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.250
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
<PAGE>
PAGE 15
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 100
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
<PAGE>
PAGE 16
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 701559
071 B000000 351852
071 C000000 3701200
071 D000000 10
072 A000000 6
072 B000000 14422
072 C000000 64914
072 D000000 0
072 E000000 0
072 F000000 26463
072 G000000 1873
072 H000000 0
072 I000000 2981
072 J000000 4541
072 K000000 148
072 L000000 300
072 M000000 65
072 N000000 133
<PAGE>
PAGE 17
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 30
072 S000000 82
072 T000000 6980
072 U000000 0
072 V000000 0
072 W000000 0
072 X000000 43596
072 Y000000 0
072 Z000000 35740
072AA000000 136091
072BB000000 39993
072CC010000 637438
072CC020000 0
072DD010000 1077
072DD020000 88
072EE000000 19438
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0800
073 C000000 0.0000
074 A000000 4040
074 B000000 0
074 C000000 702429
074 D000000 2950
074 E000000 449682
074 F000000 3849849
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 10802
074 K000000 0
074 L000000 47845
074 M000000 0
074 N000000 5067597
074 O000000 29094
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 17739
074 S000000 0
074 T000000 5020764
074 U010000 247456
074 U020000 25598
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
<PAGE>
PAGE 18
074 X000000 296838
074 Y000000 0
075 A000000 0
075 B000000 4269102
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE /s/ JAMES R. BAIO
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON DEVELOPING MARKETS TRUST JUNE 30, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000878087
<NAME> TEMPLETON DEVELOPING MARKETS TRUST
<SERIES>
<NUMBER> 001
<NAME>TEMPLETON DEVELOPING MARKETS TRUST CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 3938156177
<INVESTMENTS-AT-VALUE> 5004909923
<RECEIVABLES> 58647300
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 4040158
<TOTAL-ASSETS> 5067597381
<PAYABLE-FOR-SECURITIES> 29094405
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17738669
<TOTAL-LIABILITIES> 46833074
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3826832244
<SHARES-COMMON-STOCK> 247456085
<SHARES-COMMON-PRIOR> 214864523
<ACCUMULATED-NII-CURRENT> 33058043
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 94120274
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1066753746
<NET-ASSETS> 5020764307
<DIVIDEND-INCOME> 64913814
<INTEREST-INCOME> 14422487
<OTHER-INCOME> 0
<EXPENSES-NET> 43595734
<NET-INVESTMENT-INCOME> 35740567
<REALIZED-GAINS-CURRENT> 96098377
<APPREC-INCREASE-CURRENT> 637437851
<NET-CHANGE-FROM-OPS> 769276795
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1077487)
<DISTRIBUTIONS-OF-GAINS> (17938462)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 54056413
<NUMBER-OF-SHARES-REDEEMED> (22422928)
<SHARES-REINVESTED> 949077
<NET-CHANGE-IN-ASSETS> 1485382645
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 17459582
<OVERDISTRIB-NII-PRIOR> (1516948)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 26462586
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 43595734
<AVERAGE-NET-ASSETS> 3926184264
<PER-SHARE-NAV-BEGIN> 15.40
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 2.96
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.08)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.41
<EXPENSE-RATIO> 2.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON DEVELOPING MARKETS TRUST JUNE 30, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000878087
<NAME> TEMPLETON DEVELOPING MARKETS TRUST
<SERIES>
<NUMBER>002
<NAME> TEMPELTON DEVELOPING MARKETS TRUST CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 3938156177
<INVESTMENTS-AT-VALUE> 5004909923
<RECEIVABLES> 58647300
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 4040158
<TOTAL-ASSETS> 5067597381
<PAYABLE-FOR-SECURITIES> 29094405
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17738669
<TOTAL-LIABILITIES> 46833074
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3826832244
<SHARES-COMMON-STOCK> 23654823
<SHARES-COMMON-PRIOR> 14845210
<ACCUMULATED-NII-CURRENT> 33058043
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 94120274
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1066753746
<NET-ASSETS> 5020764307
<DIVIDEND-INCOME> 64913814
<INTEREST-INCOME> 14422487
<OTHER-INCOME> 0
<EXPENSES-NET> 43595734
<NET-INVESTMENT-INCOME> 35740567
<REALIZED-GAINS-CURRENT> 96098377
<APPREC-INCREASE-CURRENT> 637437851
<NET-CHANGE-FROM-OPS> 769276795
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (81938)
<DISTRIBUTIONS-OF-GAINS> (1400804)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9708103
<NUMBER-OF-SHARES-REDEEMED> (970047)
<SHARES-REINVESTED> 71557
<NET-CHANGE-IN-ASSETS> 1485382645
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 17459582
<OVERDISTRIB-NII-PRIOR> (1516948)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 26462586
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 43595734
<AVERAGE-NET-ASSETS> 324185882
<PER-SHARE-NAV-BEGIN> 15.27
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 2.88
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.08)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.18
<EXPENSE-RATIO> 2.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE
TEMPLETON DEVELOPING MARKETS TRUST JUNE 30, 1997 SEMI-ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000878087
<NAME> TEMPLETON DEVELOPING MARKETS TRUST
<SERIES>
<NUMBER>003
<NAME> TEMPELTON DEVELOPING MARKETS TRUST ADVISOR CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 3938156177
<INVESTMENTS-AT-VALUE> 5004909923
<RECEIVABLES> 58647300
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 4040158
<TOTAL-ASSETS> 5067597381
<PAYABLE-FOR-SECURITIES> 29094405
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17738669
<TOTAL-LIABILITIES> 46833074
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3826832244
<SHARES-COMMON-STOCK> 1943566
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 33058043
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 94120274
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1066753746
<NET-ASSETS> 5020764307
<DIVIDEND-INCOME> 64913814
<INTEREST-INCOME> 14422487
<OTHER-INCOME> 0
<EXPENSES-NET> 43595734
<NET-INVESTMENT-INCOME> 35740567
<REALIZED-GAINS-CURRENT> 96098377
<APPREC-INCREASE-CURRENT> 637437851
<NET-CHANGE-FROM-OPS> 769276795
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6151)
<DISTRIBUTIONS-OF-GAINS> (98419)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2029769
<NUMBER-OF-SHARES-REDEEMED> (92304)
<SHARES-REINVESTED> 6101
<NET-CHANGE-IN-ASSETS> 1485382645
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 17459582
<OVERDISTRIB-NII-PRIOR> (1516948)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 26462586
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 43595734
<AVERAGE-NET-ASSETS> 18941440
<PER-SHARE-NAV-BEGIN> 15.43
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 2.97
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.08)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.43
<EXPENSE-RATIO> 1.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
