TEMPLETON GLOBAL INVESTMENT TRUST
497, 1998-06-05
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TLGIT STKP2
TLGIT STKPA1

                          SUPPLEMENT DATED JUNE 5, 1998
                              TO THE PROSPECTUS OF

                             TEMPLETON REGION FUNDS
                                CLASS I/CLASS II
                              DATED AUGUST 1, 1997

                             TEMPLETON REGION FUNDS
                                  ADVISOR CLASS
                              DATED AUGUST 1, 1997

The ninth paragraph under "What are the Funds' Potential Risks?" is amended as
follows:

     As  a  non-fundamental policy, Greater European Fund will limit  its
     investment in Russian securities to 10% of its tota  assets and Latin
     America Fund will limit its  investment in Russian securities to 5% of its
     total assets. Russian securities  involve  additional significant risks,
     including political and social uncertainty (for example, regional conflicts
     and risk of war), currency exchange rate volatility, pervasiveness of
     corruption and crime in the Russian economic system, delays in settling
     portfolio transactions and risk of loss arising out of Russia's system of
     share  registration  and custody.  For more information on these risks and
     other risks  associated with Russian  securities, please see "What are the
     Funds' Potential Risks?" in the SAI.

                                  * * * * * * *

                     Investors should retain this supplement
                              for future reference


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