ASSETS UNDER MANAGEMENT                          Preliminary (In billions)             30-Jun-09 31-May-09 31-Mar-09 31-Dec-08 30-Jun-08                           --------- --------- --------- --------- --------- Franklin Templeton  Investments:   Equity:     Global/international  $   153.1 $   153.8 $   124.7 $   142.6 $   233.7     Domestic (U.S.)            56.7      56.3      48.5      55.2      82.5                           --------- --------- --------- --------- ---------     Total equity              209.8     210.1     173.2     197.8     316.2                           --------- --------- --------- --------- ---------   Hybrid                       85.8      84.5      75.0      78.8     109.5   Fixed-Income:     Tax-free                   62.4      62.5      59.3      56.1      61.6     Taxable:       Global/international     50.2      48.8      43.0      45.9      54.3       Domestic (U.S.)          35.5      34.9      32.5      29.8      31.6                           --------- --------- --------- --------- ---------     Total fixed-income        148.1     146.2     134.8     131.8     147.5                           --------- --------- --------- --------- ---------   Cash Management*              7.5       7.9       8.1       7.8       7.0                           --------- --------- --------- --------- --------- Total                     $   451.2 $   448.7 $   391.1 $   416.2 $   580.2                           ========= ========= ========= ========= ========= * Includes both U.S.-registered money market funds and foreign funds with   similar investment objectives. 

Franklin Resources, Inc. is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience. For more information, please call 1-800/DIAL BEN(R) or visit franklinresources.com.

Forward-Looking Statements:

The financial results in this press release are preliminary. Statements in this press release regarding Franklin Resources, Inc. and its subsidiaries, which are not historical facts, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.