FRANKLIN RESOURCES INC — Director's Dealing 2005

Sep 21, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2005-09-19

Reporting Person: Tyle Craig Steven (Exec VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-09-19	Common Stock, par value $.10	A	18648	$81.5200	Acquired	18648.0000	Direct

Footnotes

F1: Of the amount of securities beneficially owned, 18,648 shares represent unvested awards of restricted stock shares.