FRANKLIN RESOURCES INC — Director's Dealing 2005

Mar 11, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2005-03-09

Reporting Person: ALEXANDER PENELOPE S (Vice-President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-03-09	Common Stock, par value $.10	S	100	$72.8600	Disposed	31818.7536	Direct
2005-03-09	Common Stock, par value $.10	S	160	$72.8900	Disposed	31658.7536	Direct
2005-03-09	Common Stock, par value $.10	S	400	$72.8800	Disposed	31258.7536	Direct

Footnotes

F1: Of the amount of securities beneficially owned, 5,560 shares represent unvested awards of restricted stock shares.