-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MWyWnCnoXxLk3WRcai5C3PLaDlTxS/cvUOGAnXrCf6GKYm/C35AJ6RLaTyKJZzu/ RMjpkiGj1llJV4EBmbJHfg== 0000225375-95-000018.txt : 19951109 0000225375-95-000018.hdr.sgml : 19951109 ACCESSION NUMBER: 0000225375-95-000018 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19951108 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN CALIFORNIA TAX FREE INCOME FUND INC CENTRAL INDEX KEY: 0000225375 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 942450603 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-60470 FILM NUMBER: 95588324 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN TAX FREE INCOME FUND INC DATE OF NAME CHANGE: 19820809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AGE HIGH INCOME FUND INC CENTRAL INDEX KEY: 0000002768 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 941693697 STATE OF INCORPORATION: CO FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-30203 FILM NUMBER: 95588325 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: AGE FUND INC DATE OF NAME CHANGE: 19810128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN PREMIER RETURN FUND CENTRAL INDEX KEY: 0000014698 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 941747476 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-12647 FILM NUMBER: 95588326 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN OPTION FUND DATE OF NAME CHANGE: 19910710 FORMER COMPANY: FORMER CONFORMED NAME: BROWN FUND INC DATE OF NAME CHANGE: 19810902 FORMER COMPANY: FORMER CONFORMED NAME: BROWN FUND OF HAWAII LTD DATE OF NAME CHANGE: 19780622 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN CUSTODIAN FUNDS INC CENTRAL INDEX KEY: 0000038721 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 132573775 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11346 FILM NUMBER: 95588327 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN GOLD FUND CENTRAL INDEX KEY: 0000083293 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 942663354 STATE OF INCORPORATION: CA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-30761 FILM NUMBER: 95588328 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: RESEARCH CAPITAL FUND INC DATE OF NAME CHANGE: 19831025 FORMER COMPANY: FORMER CONFORMED NAME: WINCAP FUND DATE OF NAME CHANGE: 19730726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN EQUITY FUND CENTRAL INDEX KEY: 0000083297 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 486102871 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-10103 FILM NUMBER: 95588329 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: RESEARCH EQUITY FUND INC DATE OF NAME CHANGE: 19841017 FORMER COMPANY: FORMER CONFORMED NAME: WINFIELD GROWTH FUND INC DATE OF NAME CHANGE: 19730207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN FEDERAL TAX FREE INCOME FUND CENTRAL INDEX KEY: 0000357310 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 942821264 STATE OF INCORPORATION: CA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-75925 FILM NUMBER: 95588330 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4155703000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN CASH MANAGEMENT FUND DATE OF NAME CHANGE: 19831016 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN NEW YORK TAX FREE INCOME FUND INC CENTRAL INDEX KEY: 0000703112 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 942832429 STATE OF INCORPORATION: NY FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-77880 FILM NUMBER: 95588331 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TAX FREE TRUST CENTRAL INDEX KEY: 0000757010 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-94222 FILM NUMBER: 95588332 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN CALIFORNIA TAX FREE TRUST CENTRAL INDEX KEY: 0000773478 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-99112 FILM NUMBER: 95588333 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TEMPLETON GLOBAL TRUST CENTRAL INDEX KEY: 0000780379 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-01212 FILM NUMBER: 95588334 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BOULEVARD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 8187950039 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BOULEVARD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: HUNTINGTON FUNDS DATE OF NAME CHANGE: 19930923 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL CURRENCY PORTFOLIOS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL CASH PORTFOLIOS DATE OF NAME CHANGE: 19910911 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN NEW YORK TAX FREE TRUST CENTRAL INDEX KEY: 0000798523 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-07785 FILM NUMBER: 95588335 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN NEW YORK TAX EXEMPT MONEY FUND DATE OF NAME CHANGE: 19910304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TAX ADVANTAGED INTERNATIONAL BOND FUND CENTRAL INDEX KEY: 0000802669 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-08975 FILM NUMBER: 95588336 BUSINESS ADDRESS: STREET 1: 777 MARINER'S ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: PILGRIM INTERNATIONAL BOND FUND DATE OF NAME CHANGE: 19900712 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN MANAGED TRUST CENTRAL INDEX KEY: 0000805650 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-09994 FILM NUMBER: 95588337 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153123000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: ROTHSCHILD L F MANAGED TRUST DATE OF NAME CHANGE: 19880831 FORMER COMPANY: FORMER CONFORMED NAME: ROTHSCHILD L F UNTERBERG TOWBIN INVESTMENT TRUST DATE OF NAME CHANGE: 19870111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN INVESTORS SECURITIES TRUST CENTRAL INDEX KEY: 0000809707 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-11444 FILM NUMBER: 95588338 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TAX ADVANTAGED HIGH YIELD SECURITIES FUND CENTRAL INDEX KEY: 0000810303 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-11962 FILM NUMBER: 95588339 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN TAX ADVANTAGED U S GOVERNMENT SECURITIES FUND CENTRAL INDEX KEY: 0000810742 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-11963 FILM NUMBER: 95588340 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4155703000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN STRATEGIC SERIES CENTRAL INDEX KEY: 0000872625 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-39088 FILM NUMBER: 95588341 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4155703000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN CALIFORNIA 250 GROWTH FUND DATE OF NAME CHANGE: 19911216 FORMER COMPANY: FORMER CONFORMED NAME: FRANKLIN CALIFORNIA 250 GROWTH INDEX FUND DATE OF NAME CHANGE: 19910917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN INTERNATIONAL TRUST CENTRAL INDEX KEY: 0000876441 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-41340 FILM NUMBER: 95588342 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BOULEVARD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN MUNICIPAL SECURITIES TRUST CENTRAL INDEX KEY: 0000881309 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-44132 FILM NUMBER: 95588343 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN STRATEGIC MORTGAGE PORTFOLIO CENTRAL INDEX KEY: 0000893226 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-53414 FILM NUMBER: 95588344 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN REAL ESTATE SECURITIES TRUST CENTRAL INDEX KEY: 0000912291 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-69048 FILM NUMBER: 95588345 BUSINESS ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 BUSINESS PHONE: 4153122000 MAIL ADDRESS: STREET 1: 777 MARINERS ISLAND BLVD CITY: SAN MATEO STATE: CA ZIP: 94404 497 1 FRANKLIN GROUP OF FUNDS(R) PROSPECTUS SUPPLEMENT DATED NOVEMBER 1, 1995 Supplement to the sales charge table in the section "How to Buy Shares of the Fund(s)" of the prospectuses for the Franklin Funds which follow: Franklin California Tax-Free Income Fund, Inc., dated August 1, 1995, as supplemented October 1, 1995 Franklin California Insured Tax-Free Income Fund Franklin California Intermediate-Term Tax-Free Income Fund Franklin Equity Fund (each dated November 1, 1995) Franklin Custodian Funds, Inc. (FCF - Growth, Utilities, DynaTech, Income and U.S. Government Securities Series) and the separate prospectuses for Income Series and U.S. Government Securities Series all dated February 1, 1995, as amended June 1, 1995, as supplemented July 26, 1995 and October 1, 1995 Franklin Gold Fund, dated December 1, 1994, as amended July 14, 1995, as supplemented October 1, 1995 Franklin Pacific Growth Fund, dated March 1, 1995, as amended July 27, 1995, as supplemented October 1, 1995 Franklin International Equity Fund Franklin Short-Intermediate U.S. Government Securities Fund Franklin Adjustable U.S. Government Securities Fund Franklin Adjustable Rate Securities Fund Franklin Templeton German Government Bond Fund Franklin Templeton International Currency Funds (Global, Hard and High Income Currency Funds) (each dated March 1, 1995, as supplemented July 26, 1995 and October 1, 1995) Franklin Convertible Securities Fund, dated March 1, 1995 Franklin Equity Income Fund, dated March 1, 1995 Franklin Small Cap Growth Fund, dated September 1, 1995 (each as supplemented October 2, 1995) Franklin Natural Resources Fund, dated June 5, 1995, as supplemented July 26, 1995 and October 1, 1995 Franklin Global Government Income Fund, dated March 1, 1995, as supplemented May 1, 1995, July 26, 1995 and October 1, 1995 Franklin Rising Dividends Fund, dated February 1, 1995, as amended July 17, 1995, as supplemented October 1, 1995 Franklin Investment Grade Income Fund Franklin Strategic Mortgage Portfolio (each dated February 1, 1995, as supplemented July 26, 1995 and October 1, 1995) AGE High Income Fund, Inc. Franklin Municipal Securities Trust (Hawaii, Washington, Tennessee and Arkansas Municipal Bond Funds) Franklin California High Yield Municipal Fund (each dated October 1, 1995) Franklin New York Tax-Free Income Fund, Inc., dated October 1, 1995 as supplemented October 24, 1995 Franklin New York Insured Tax-Free Income Fund Franklin New York Intermediate-Term Tax Free Income Fund Franklin Partners Funds(R) (FPF - Franklin Tax-Advantaged International Bond, U.S. Government Securities and High Yield Securities Funds) Franklin Federal Intermediate-Term Tax-Free Income Fund (each dated May 1, 1995, as supplemented July 26, 1995 and October 1, 1995) Franklin Premier Return Fund, dated May 1, 1995, as supplemented October 31, 1995 Franklin Real Estate Securities Fund Franklin California Growth Fund Franklin Strategic Income Fund Franklin Global Utilities Fund Franklin Global Health Care Fund Franklin Federal Tax-Free Income Fund (each dated September 1, 1995, as supplemented October 1, 1995) Franklin Tax Free Trust (TF1 - Insured, Massachusetts Insured, Michigan Insured, Minnesota Insured, Ohio Insured, Arizona Insured and Florida Insured Tax-Free Income Funds), dated May 1, 1995, as supplemented July 26, 1995 and October 1, 1995 (TF2 - Alabama, Florida, Georgia, Kentucky, Louisiana, Maryland, Missouri, North Carolina, Texas and Virginia Tax-Free Income Funds), dated May 1, 1995, as amended July 25, 1995, as supplemented October 1, 1995 (TF3 - Arizona, Colorado, Connecticut, Indiana, New Jersey, Oregon, Pennsylvania, Puerto Rico and High Yield Tax-Free Income Funds), dated May 1, 1995, as amended July 17, 1995, as supplemented October 1, 1995 (Each as may be further amended or supplemented from time-to-time) Through April 30, 1996, Franklin Templeton Distributors, Inc. ("Distributors"), the principal underwriter of the above funds, will reallow to the securities firm of BA Investment Services and Seafirst Investment Services, Inc. one-half of Distributors' net underwriting commission with respect to purchases of any of the listed funds originated by BA Investment Services and Seafirst Investment Services, Inc. For example, if the net underwriting commission retained by Distributors on a total sales charge of 4.50% is 0.50%, an additional 0.25% will be reallowed to BA Investment Services and Seafirst Investment Services, Inc. -----END PRIVACY-ENHANCED MESSAGE-----