FRANKLIN RESOURCES INC — Director's Dealing 2009

Jan 12, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TARO PHARMACEUTICAL INDUSTRIES LTD (TAROF)
CIK: 0000906338
Period of Report: 2009-01-09

Reporting Person: FRANKLIN RESOURCES INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-01-09	Ordinary Shares	P	18690	$9.178	Acquired	4457990	Direct

Footnotes

F1: See Exhibit 99.1 for text of footnote, which text is incorporated by reference herein.