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FRANKLIN RESOURCES INC Director's Dealing 2006

Nov 2, 2006

30512_dirs_2006-11-02_e53da4a6-5f5e-44be-9ce6-69c0cca79e2b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2006-10-31

Reporting Person: BOLT JENNIFER J (EVP-Operations and Technology)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-10-30 Common Stock, par value $.10 G 85 Disposed 477967.8517 Direct
2006-10-31 Common Stock, par value $.10 S 439 $114.0100 Disposed 477528.8517 Direct
2006-10-31 Common Stock, par value $.10 G 483 Disposed 477045.8517 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $.10 41453.0000 Indirect
Common Stock, par value $.10 866.1410 Indirect
Common Stock, par value $.10 968.0000 Indirect
Common Stock, par value $.10 11000.0000 Indirect

Footnotes

F1: Of the amount of securities beneficially owned, 11,604 shares represent unvested awards of restricted stock shares.

F2: Shares are held by Ms. Bolt as Trustee for Ms. Bolt's minor children. Ms. Bolt disclaims any beneficial ownership of such shares.

F3: Reporting person holds shares in Franklin Templeton Profit Sharing 401(k) Plan. Information is based on a plan statement as of September 15, 2006.

F4: Shares are held by a member of Mrs. Bolt's immediate family. Mrs. Bolt disclaims any beneficial ownership of such shares.