FRANKLIN RESOURCES INC — Director's Dealing 2008

Feb 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2007-11-30

Reporting Person: TATLOCK ANNE M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-30	Common Stock, par value $.10	G	250	—	Disposed	162760.0000	Direct
2008-01-31	Common Stock, par value $.10	A	721	$104.0900	Acquired	163481.0000	Direct
2007-12-26	Common Stock, par value $.10	G	14268	—	Acquired	16889.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	40468.8280	Indirect

Footnotes

F1: Shares represent a grant of common stock under Franklin Resources, Inc.'s 2002 Universal Stock Incentive Plan.

F2: Shares held by Ms. Tatlock's son, per share transfers to son pursuant to termination of trusts held for benefit of son. Ms. Tatlock 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 December 15, 2007.