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Templeton Announces Dividends in its Income Schemes


Templeton Mutual Fund, has announced dividends and bonus under the monthly dividend plans of four of its schemes - Templeton India Income Builder Account, FT India Monthly Income Plan, FT India Gilt Fund and Templeton India Short-Term Income Plan.

In Templeton India Income Builder Account (TIIBA) an open end income scheme, a dividend of 1% (Rs.0.10 per unit of face value of Rs.10) has been declared under the Monthly dividend plan. A bonus ratio of 5:1000 has been announced under the Bonus Plan.

In FT India Monthly Income Plan (FTIMIP) an open end income scheme with no assured returns, a dividend of 0.65% (Rs.0.065 per unit of face value of Rs.10) has been declared under the Monthly dividend plan. A bonus ratio of 5:1000 has been announced under the Bonus Plan.

In FT India Gilt Fund (FTIGF), a dividend of 0.5% (Rs.0.05 per unit of face value of Rs.10) has been declared under the Monthly Dividend option of Liquid Plan. A bonus ratio of 4:1000 has been announced under the Bonus option of Investment Plan.

In Templeton India Short Term Income Plan (TISTIP), a dividend of 0.6% (Rs.6 per unit of face value of Rs.1000) has been declared under the Monthly dividend plan.

The record date for all the above dividends was February 28, 2003.