FRANKLIN RESOURCES INC — Director's Dealing 2006

Jan 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2005-12-29

Reporting Person: Yun William Young (EVP-Institutional)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-19	Common Stock, par value $.10	G	160	—	Disposed	106016.8434	Direct
2005-12-19	Common Stock, par value $.10	G	525	—	Disposed	105491.8434	Direct
2005-12-29	Common Stock, par value $.10	S	825	$94.4800	Disposed	104666.8434	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	4387.1040	Indirect

Footnotes

F1: Of the amount of securities beneficially owned, 17,909 shares represent unvested awards of restricted stock shares.