FRANKLIN RESOURCES INC — Director's Dealing 2010

Sep 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2010-08-31

Reporting Person: ALEXANDER PENELOPE S (Vice-President, HR - US)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-08-31	Common Stock, par value $.10	F	431.0000	$96.5100	Disposed	6362.8866	Direct
2009-12-01	Common Stock, par value $.10	G	475.0000	$0.0000	Acquired	2091.0000	Indirect
2009-12-01	Common Stock, par value $.10	G	719.0000	$0.0000	Disposed	22478.0000	Indirect
2009-12-14	Common Stock, par value $.10	G	47.0000	$0.0000	Disposed	22431.0000	Indirect

Footnotes

F1: Of the amount of securities beneficially owned, 1,061 shares represent unvested awards of restricted stock shares.

F2: Not applicable.

F3: Children's trust for the benefit of the Reporting Person's minor children.

F4: Family trust for the benefit of the Reporting Person, spouse and minor children.