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: Advani Vijay Chandur (EVP - Advisory Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-29	Common Stock, par value $.10	S	763	$94.4800	Disposed	28131.6405	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	307.2030	Indirect
Common Stock, par value $.10	15493.9500	Indirect

Footnotes

F1: Of the amount of securities beneficially owned, 25,130 shares represent unvested awards of restricted stock shares.