BW20030408002145  20030409T060033Z UTC


( BW)(FRANKLIN-RESOURCES-INC)(FKR) Franklin Resources, Inc. Completes
the Sale of $420 Million in Five-year Senior Notes

    Business Editors
    UK REGULATORY NEWS

    SAN MATEO, Calif.--(BUSINESS WIRE)--April 9, 2003--

Franklin Resources, Inc. (Franklin Templeton Investments) (NYSE: BEN)
today announced that it had completed the sale of $420 million in
five-year senior notes due April 15, 2008. The senior notes, which
were offered to qualified institutional buyers only, have a coupon
rate of 3.7%.

The company expects to use the net proceeds from the offering for
general corporate purposes, which may include repayment of existing
debt.

Franklin Resources, Inc. is a global investment organization operating
as Franklin Templeton Investments. Franklin Templeton provides global
and domestic investment management services through its Franklin,
Templeton, Mutual Series and Fiduciary Trust subsidiaries. The San
Mateo, CA-based company has over 50 years of investment experience and
more than $252 billion in assets under management as of March 31,
2003. For more information, please call 1-800/DIAL BEN(R) or visit
franklintempleton.com.

Statements in this press release regarding Franklin Resources, Inc.'s
business, which are not historical facts are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve a number
of risks, uncertainties and other important factors that could cause
the actual results and outcomes to differ materially from any future
results or outcomes expressed or implied by such forward-looking
statements. These risks, uncertainties and other important factors are
described in more detail in the risk factor section in Franklin's
recent filings with the U.S. Securities and Exchange Commission,
including, without limitation, the "Risk Factors" section of the
Management's Discussion and Analysis of Financial Condition and
Results of Operations in Franklin's Annual Report on Form 10-K for the
fiscal year ended September 30, 2002.

   Short Name: FranklinResourcesInc
   Category Code: MSC
   Sequence Number: 00003743
   Time of Receipt (offset from UTC): 20030408T234835+0100

    --30--DB/ny

    CONTACT: Franklin Resources, Inc.
             Investor Relations: Alan Weinfeld  (650) 525-8900
             Corporate Communications: Matt Walsh (650) 312-2245
             franklintempleton.com

    KEYWORD: CALIFORNIA UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING 
    SOURCE: FranklinResourcesInc

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