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: 2008-01-31

Reporting Person: FRISBIE NORMAN RICKARD JR (SVP & Chief Admin Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-31	Common Stock, par value $.10	F	28.3861	$104.0900	Disposed	11948.6433	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	429.1520	Indirect

Footnotes

F1: Of the amount of securities beneficially owned, 4,580 shares represent unvested awards of restricted stock shares.

F2: Reporting person holds shares in Franklin Templeton Profit Sharing 401(k) Plan. Information is based on a plan statement as of December 15, 2007.