Franklin Resources, Inc., is a global investment management organization known as Franklin Templeton Investments. Our headquarters are located just south of San Francisco, in San Mateo, California. We have offices in 28 countries around the world.

Over the past half century, few investment management organizations have matched the success of Franklin Templeton. With over 50 years of investing experience, the company has become recognized in the financial services industry as a leader for its global stock investments and innovative fixed-income funds.

To gain perspective on how patience and diversification can contribute to your portfolio, contact your investment representative, call us at 1-800-FRANKLIN or visit franklintempleton.com.

Franklin Templeton Headquarters - San Mateo, CA

We offer investment products under the Franklin, Templeton, Mutual Series, Bissett and Fiduciary brand names. We manage investment vehicles for individuals, institutions, pension plans, trusts, partnerships and other clients.

Our common stock is listed on the New York and Pacific exchanges under the ticker symbol BEN. We're also on the London Stock Exchange under the symbol FKR.

For more details about our company, please see our Annual Report or the Corporate Governance section of our website.

Franklin Templeton Distributors, Inc. One Franklin Parkway, San Mateo, CA 94403. Call for free prospectuses containing more complete fund information including sales charges and risks. Please read them carefully before you invest or send money.