FRANKLIN RESOURCES INC — Director's Dealing 2011

Feb 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2011-02-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-16	Common Stock, par value $.10	S	1000.0000	$130.2900	Disposed	20467.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	7791.8866	Direct
Common Stock, par value $.10	2531.0000	Indirect
Common Stock, par value $.10	101.0000	Indirect

Footnotes

F1: Family trust for the benefit of the Reporting Person, spouse and minor children.

F2: Of the amount of securities beneficially owned, 2,242 shares represent unvested awards of restricted stock.

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