FRANKLIN RESOURCES INC — Director's Dealing 2008

Dec 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2008-12-08

Reporting Person: SIMPSON MURRAY (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-08	Common Stock, par value $.10	S	2000	$64.5	Disposed	19223	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	101.307	Indirect

Footnotes

F1: Reporting person holds shares in Franklin Templeton Profit Sharing 401(k) Plan. Information is based on a plan statement as of September 15, 2008.