413 *P2
SUPPLEMENT DATED FEBRUARY 26, 1999
TO THE PROSPECTUS OF
TEMPLETON GLOBAL INFRASTRUCTURE FUND
dated August 1, 1998
On February 26, 1999, Templeton Global Investment Trust's Board of Trustees
approved a proposal to merge the Templeton Global Infrastructure Fund into
Templeton World Fund, subject to shareholder approval. Templeton Funds, Inc.'s
Board of Directors also approved the merger on behalf of Templeton World Fund.
The investment goal of both the Templeton Global Infrastructure Fund and
Templeton World Fund is long-term capital growth. The Boards believe this
proposed merger will benefit shareholders.
It is anticipated that later this year shareholders of Templeton Global
Infrastructure Fund will receive a proxy and proxy statement requesting their
votes on the merger.
Templeton Global Infrastructure Fund will be closed to new investors after the
close of business on February 26, 1999. If you are a shareholder of record as of
the close of business on February 26, 1999, you may continue to add to your
account, subject to your applicable minimum additional investment amount, or buy
additional shares through reinvestment of dividend or capital gain
distributions.
Although you may redeem your shares, please keep in mind that if you sell all
the shares in your account, your account will be closed and you will not be
allowed to buy additional shares of Templeton Global Infrastructure Fund or to
reopen your account in the fund. If you sell your shares in the fund, you may
reinvest some or all of the proceeds in most of the other Franklin Templeton
Funds within 365 days without an initial sales charge. The proceeds must be
reinvested within the same share class.
Please keep this supplement for future reference.
