FRANKLIN TEMPLETON MONEY FUND TRUST
497, 1997-12-12
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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.



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