o511 STKP2
SUPPLEMENT DATED DECEMBER 8, 1997
TO THE PROSPECTUS OF
FRANKLIN TEMPLETON MONEY FUND II
DATED NOVEMBER 1, 1997
The prospectus is amended to replace the section "Will Sales Charges Apply to My
Exchange?", found under "May I Exchange Shares for Shares of Another Fund?",
with the following:
WILL SALES CHARGES APPLY TO MY EXCHANGE?
You will not pay a front-end sales charge on exchanges. We also will not impose
a Contingent Deferred Sales Charge when you exchange shares. Any shares subject
to a Contingent Deferred Sales Charge at the time of exchange, however, will
remain so in the new fund. See the discussion on Contingent Deferred Sales
Charges below and under "How Do I Sell Shares?" For accounts with shares
subject to a Contingent Deferred Sales Charge, we will first exchange any
shares in your account that are not subject to the charge. If there are not
enough of these to meet your exchange request, we will exchange shares subject
to the charge in the order they were purchased.