o TL711 STKP
SUPPLEMENT DATED JANUARY 1, 1998
TO THE PROSPECTUS OF
Templeton Developing Markets Trust - Advisor Class
dated May 1, 1997, as amended October 13, 1997
The prospectus is amended to replace the section "Opening Your Account," found
under "How Do I Buy Shares?", with the following:
Opening Your Account
Shares of the Fund may be purchased without a sales charge. Currently, shares
of the Fund are only available to: 1. Broker-dealers, registered investment
advisors or certified financial planners who have entered into an agreement
with Distributors for clients participating in comprehensive fee programs,
subject to a $250,000 minimum initial investment requirement or a $100,000
minimum initial investment requirement for an individual client 2. Qualified
registered investment advisors or certified financial planners who have
clients invested in the Franklin Mutual Series Fund Inc. on October 31, 1996,
or who buy through a broker-dealer or service agent who has entered into an
agreement with Distributors, subject to a $1,000 minimum initial investment
requirement 3. Officers, trustees, directors and full-time employees of the
Franklin Templeton Funds or the Franklin Templeton Group and their immediate
family members, subject to a $100 minimum initial investment requirement 4.
Each series of the Franklin Templeton Fund Allocator Series, subject to a
$1,000 minimum initial and subsequent investment requirement 5. Accounts
managed by the Franklin Templeton Group. There is no minimum initial
investment requirement. 6. The Franklin Templeton Profit Sharing 401(k) Plan.
There is no minimum initial investment requirement. To open your account,
please follow the steps below. This will help avoid any delays in processing
your request. Please keep in mind that the Fund does not currently allow
investments by Market Timers. 1. Read this prospectus carefully. 2. Determine
how much you would like to invest. The Fund's minimum investments are:
o To open your account: Varies*
o To add to your account: $25*
*Certain investors are subject to different minimums, as described above.
We also reserve the right to refuse any order to buy shares.
3. Carefully complete and sign the enclosed shareholder application, including
the optional shareholder privileges section. By applying for privileges now,
you can avoid the delay and inconvenience of having to send an additional
application to add privileges later. It is important that we receive a signed
application since we will not be able to process any redemptions from your
account until we receive your signed application. 4. Make your investment
using the table below.
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Method Steps to Follow
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By Mail For an initial investment:
o Return the application to the Fund with
your check made payable to the Fund.
For additional investments:
o Send a check made payable to the Fund.
Please include your account number on the
check.
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By Wire 1. Call Shareholder Services or, if that number
is busy, call 1-650/312-2000 collect, to
receive a wire control number and wire
instructions. You need a new wire control
number every time you wire money into your
account. If you do not have a currently
effective wire control number, we will
return the money to the bank, and we will
not credit the purchase to your account.
2. For an initial investment you must also return
your signed shareholder application to
the Fund.
Important Deadlines: If we receive your call
before 1:00 p.m. Pacific time and the bank
receives the wired funds and reports the receipt
of wired funds to the Fund by 3:00 p.m. Pacific
time, we will credit the purchase to your account
that day. If we receive your call after 1:00 p.m.
or the bank receives the wire after 3:00 p.m.,
we will credit the purchase to your account the
following business day.
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Through Your Dealer Call your investment representative
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