SUPPLEMENT TO THE PROSPECTUS
PROSPECTUS DATED JULY 10, 1995
(as previously supplemented July 26, 1995
and August 8, 1995)
Templeton Americas Government Securities Fund
* * *
PROSPECTUS DATED AUGUST 1, 1995
Franklin Templeton Japan Fund
* * *
The prospectuses for the above Funds are hereby supplemented by adding the
following language at the end of the first paragraph in the section entitled
"EXCHANGE PRIVILEGE":
Although there are no exchanges between different classes of shares,
shareholders of a Class II Franklin Templeton Fund may, however, elect
to direct their dividends and capital gain distributions to the Fund at
net asset value.
The following language is added to the second paragraph of the section "HOW TO
BUY SHARES OF THE FUND - NET ASSET VALUE PURCHASES" and after the first sentence
in the section entitled "HOW TO SELL SHARES OF THE FUND -
REINSTATEMENT PRIVILEGE:
Shareholders of a Class II Franklin Templeton Funds may also invest
such distributions at net asset value in a Class I Franklin Templeton
Fund.
October 2, 1995 TLAJ STKR 09/95
