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Templeton Quarterly Interval Plan C: Duration of Transaction Window to be Reduced

The duration of transaction window for Templeton Quarterly Interval Plan C shall be reduced to 1 day from 5 days. The forthcoming transaction window will open on October 22, 2008 and will remain open for 5 days. Thereafter, all the subsequent transaction windows (after every 91 days) shall remain open for 1 day.

Investors under the plan are given an option to exit at the prevailing NAV without payment of any exit load. This no load period shall be from October 22, 2008 to November 21, 2008.

Further, the default option will be changed from Growth to Dividend option.