FRANKLIN RESOURCES INC — Director's Dealing 2005

Nov 22, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2005-11-18

Reporting Person: WOODWORTH LOUIS E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-11-18	Common Stock, par value $.10	S	5000	$96.2000	Disposed	1075251.0000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	468088.0000	Indirect
Common Stock, par value $.10	220000.0000	Indirect

Footnotes

F1: Shares are held by a member of Mr. Woodworth's family. Mr. Woodworth disclaims beneficial ownership of such shares.