FRANKLIN RESOURCES INC — Director's Dealing 2010

Nov 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2010-11-03

Reporting Person: JOHNSON CHARLES B (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-03	Common Stock, par value $.10	D	200000.0000	$118.7765	Disposed	33281105.0000	Direct
2010-11-03	Common Stock, par value $.10	D	200000.0000	$118.7765	Disposed	1906117.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	6363.6380	Indirect
Common Stock, par value $.10	500000.0000	Indirect
Common Stock, par value $.10	272600.0000	Indirect

Footnotes

F1: Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan summary as of October 11, 2010.

F2: Trust of which the Reporting Person's spouse is the lifetime beneficiary.