Franklin Templeton Investments Corp. announces fund shareholders to vote

TORONTO, April 6 /CNW/ - Franklin Templeton Investments Corp. today announced that, in connection with the proposed merger of Bissett Multinational Growth Corporate Class (the "Terminating Fund") into Franklin World Growth Corporate Class (the "Continuing Fund"), securityholders of the Continuing Fund will vote at a special meeting of securityholders to be held on or about June 10, 2011 in Toronto.  While subject to both securityholder and regulatory approval, the proposed merger will be implemented on or about the close of business on June 24, 2011.

Securityholders of each of the Terminating Fund and Continuing Fund will receive an information circular in May 2011 detailing the particulars of the proposed merger.

Franklin Templeton Investments

Franklin Templeton Investments Corp. is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Bissett, Mutual Series, Fiduciary Trust and Darby investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and approximately US$693 billion (C$673 billion) in assets under management as of February 28, 2011.

Franklin Templeton Investments Corp. has more than 600 employees providing services to more than one million unitholder accounts and more than 200 pension funds, foundations and other institutional investors. Additional information on Franklin Templeton Investments Corp. can be found at www.franklintempleton.ca.

SOURCE Franklin Templeton Investments Corp.

For further information:

Media contact:
Sarah Kingdon, Franklin Templeton Investments Corp., 416.957.6191


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