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TEMPLETON FUNDS REDUCE SALES CHARGES

 TEMPLETON FUNDS REDUCE SALES CHARGES
 ST. PETERSBURG, Fla., June 23 /PRNewswire/ -- Templeton Funds


Distributor, Inc. announced today a reduction in the maximum sales charge from 8.50 percent to 5.75 percent on the following open-end funds distributed in the United States, effective July 1, 1992:
 Templeton Growth Fund
 Templeton World Fund
 Templeton Smaller Companies Growth Fund
 Templeton Foreign Fund
 Templeton Value Fund
 Templeton Real Estate Securities Fund
 According to Peter Jones, vice president-sales of Templeton Funds Distributor, Inc., "It is anticipated that the reduction of sales charges should increase interest in the funds, some of which are performing at record levels, and the increased ability to promote and distribute the funds should also spur sales, adding value for shareholders of the funds."
 -0- 6/23/92
 /CONTACT: Newton W. Lamson of Donley Communications, 212-751-6126/ CO: Templeton Funds Distributor Inc. ST: Florida IN: FIN SU:


LR -- NY064 -- 2923 06/23/92 14:47 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 23, 1992
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