-----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, N/7O6EPxZQvz61KZZv6XMZ5xl0jdwBx0BUNz6Wftuq9H8vD51MhfPn4P6QnR/WEd mbJuWLi7hvvlT8zJ4ovxBg== 0000909226-07-000054.txt : 20071030 0000909226-07-000054.hdr.sgml : 20071030 20071030141027 ACCESSION NUMBER: 0000909226-07-000054 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20070831 FILED AS OF DATE: 20071030 DATE AS OF CHANGE: 20071030 EFFECTIVENESS DATE: 20071030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON CHINA WORLD FUND CENTRAL INDEX KEY: 0000909226 IRS NUMBER: 593192206 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-07876 FILM NUMBER: 071198930 BUSINESS ADDRESS: STREET 1: BROWARD FINANCIAL CENTRE STREET 2: 500 EAST BROWARD BLVD SUITE 2100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 BUSINESS PHONE: 9545277500 MAIL ADDRESS: STREET 1: BROWARD FINANCIAL CENTRE STREET 2: 500 EAST BROWARD BLVD SUITE 2100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON CHINA WORLD FUND INC DATE OF NAME CHANGE: 19930716 0000909226 S000008743 Templeton China World Fund C000023803 Class A TCWAX C000023804 Class B TCWBX C000023805 Class C TCWCX C000023806 Advisor Class TACWX NSAR-B 1 answer.fil TCH NSAR FYE 8/31/07 PAGE 1 000 B000000 08/31/2007 000 C000000 909226 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 TEMPLETON CHINA WORLD FUND 001 B000000 811-07876 001 C000000 9545277500 002 A000000 500 EAST BROWARD BLVD SUITE 2100 002 B000000 FORT LAUDERDALE 002 C000000 FL 002 D010000 33394 002 D020000 3091 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 008 A000001 TEMPLETON ASSET MANAGEMENT LTD. 008 B000001 A 008 C000001 801-42353 008 D010001 HONG KONG 008 D050001 HONG KONG 010 A000001 FRANKLIN TEMPLETON SERVICES, LLC 010 C010001 FORT LAUDERDALE 010 C020001 FL 010 C030001 33394 010 C040001 3091 011 A000001 FRANKLIN TEMPLETON DISTRIBUTORS, INC. 011 B000001 8-5889 011 C010001 SAN MATEO 011 C020001 CA 011 C030001 94403 011 C040001 1906 012 A000001 FRANKLIN TEMPLETON INVESTOR SERVICES, LLC 012 B000001 84-1036 012 C010001 ST. PETERSBURG 012 C020001 FL 012 C030001 33716 012 C040001 1205 013 A000001 PRICEWATERHOUSECOOPERS LLP 013 B010001 SAN FRANCISCO 013 B020001 CA 013 B030001 94105 015 A000001 JPMORGAN CHASE BANK, N.A. PAGE 2 015 B000001 C 015 C010001 NEW YORK 015 C020001 NY 015 C030001 10004 015 E010001 X 015 A000002 HSBC BANK ARGENTINA S.A. 015 B000002 S 015 C010002 BUENOS AIRES 015 D010002 ARGENTINA 015 D020002 1005 015 E040002 X 015 A000003 JPMORGAN CHASE BANK, N.A. 015 B000003 S 015 C010003 SYDNEY 015 D010003 AUSTRALIA 015 D020003 NSW 2000 015 E040003 X 015 A000004 BANK AUSTRIA CREDITANSTALT AG 015 B000004 S 015 C010004 VIENNA 015 D010004 AUSTRIA 015 D020004 A-1090 015 E040004 X 015 A000005 STANDARD CHARTERED BANK 015 B000005 S 015 C010005 DHAKA 015 D010005 BANGLADESH 015 D020005 1000 015 E040005 X 015 A000006 FORTIS BANK (NEDERLAND) N.V. 015 B000006 S 015 C010006 AMSTERDAM 015 D010006 BELGIUM 015 D020006 1012KK 015 E040006 X 015 A000007 THE BANK OF BERMUDA LIMITED 015 B000007 S 015 C010007 HAMILTON 015 D010007 BERMUDA 015 D020007 HMDX 015 E040007 X 015 A000008 ROYAL BANK OF CANADA 015 B000008 S 015 C010008 TORONTO 015 D010008 CANADA 015 D020008 M5J2J5 015 E040008 X 015 A000009 HSBC Bank (China) Company Limited 015 B000009 S 015 C010009 Shanghai 015 D010009 China PAGE 3 015 D020009 200120 015 E040009 X 015 A000010 HSBC Bank (China) Company Limited 015 B000010 S 015 C010010 Shenzhen 015 D010010 China 015 D020010 200120 015 E040010 X 015 A000011 MARFIN POPULAR BANK PUBLIC COMPANY LTD. 015 B000011 S 015 C010011 NICOSIA 015 D010011 CYPRUS 015 D020011 CY-1598 015 E040011 X 015 A000012 HVB BANK CZECH REPUBLIC A.S. 015 B000012 S 015 C010012 PRAGUE 015 D010012 CZECH REPUBLIC 015 D020012 110 05 015 E040012 X 015 A000013 DANSKE BANK A/S 015 B000013 S 015 C010013 COPENHAGEN 015 D010013 DENMARK 015 D020013 DK 1092 015 E040013 X 015 A000014 CITIBANK, N.A. 015 B000014 S 015 C010014 CAIRO 015 D010014 EGYPT 015 E040014 X 015 A000015 SKANDINAVISKA ENSKILDA BANKEM AB (PUBL) 015 B000015 S 015 C010015 HELSINKI 015 D010015 FINLAND 015 D020015 FIN-00101 015 E040015 X 015 A000016 BNP PARIBAS SECURITIES SERVICES S.A. 015 B000016 S 015 C010016 PARIS 015 D010016 FRANCE 015 D020016 75078 015 E040016 X 015 A000017 DEUTCHE BANK AG 015 B000017 S 015 C010017 ESCHBORN 015 D010017 GERMANY 015 D020017 D-65760 015 E040017 X 015 A000018 HSBC BANK PLC 015 B000018 S PAGE 4 015 C010018 ATHENS 015 D010018 GREECE 015 D020018 11526 015 E040018 X 015 A000019 THE HONGKONG AND SHANGHAI BANKING CORP. LTD. 015 B000019 S 015 C010019 WAN CHAI 015 D010019 HONG KONG 015 E040019 X 015 A000020 THE HONGKONG AND SHANGHAI BANKING CORP. LTD. 015 B000020 S 015 C010020 JAKARTA 015 D010020 INDONESIA 015 D020020 12930 015 E040020 X 015 A000021 BANK OF IRELAND 015 B000021 S 015 C010021 DUBLIN 015 D010021 IRELAND 015 D020021 1 015 E040021 X 015 A000022 BANK LEUMI LE-ISRAEL B.M. 015 B000022 S 015 C010022 TEL AVIV 015 D010022 ISRAEL 015 D020022 61000 015 E040022 X 015 A000023 INTESA SANPAOLO S.P.A. 015 B000023 S 015 C010023 MILAN 015 D010023 ITALY 015 D020023 20121 015 E040023 X 015 A000024 MIZUHO CORPORATE BANK, LIMITED 015 B000024 S 015 C010024 TOKYO 015 D010024 JAPAN 015 D020024 103 015 E040024 X 015 A000025 BARCLAYS BANK OF KENYA LIMITED 015 B000025 S 015 C010025 NAIROBI 015 D010025 KENYA 015 E040025 X 015 A000026 FORTIS BANQUE LUXEMBOURG S.A. 015 B000026 S 015 C010026 LUXEMBOURG 015 D010026 LUXEMBOURG 015 D020026 L-2951 015 E040026 X 015 A000027 HSBC BANK MALAYSIA BERHAD PAGE 5 015 B000027 S 015 C010027 KUALA LUMPUR 015 D010027 MALAYSIA 015 D020027 50100 015 E040027 X 015 A000028 BANCO NACIONAL DE MEXICO, S.A. 015 B000028 S 015 C010028 MEXICO, D.F. 015 D010028 MEXICO 015 D020028 01210 015 E040028 X 015 A000029 ATTIJARIWAFA BANK S.A. 015 B000029 S 015 C010029 CASABLANCA 015 D010029 MOROCCO 015 D020029 20000 015 E040029 X 015 A000030 STANDARD BANK NAMIBIA LIMITED 015 B000030 S 015 C010030 WINDHOEK 015 D010030 NAMIBIA 015 E040030 X 015 A000031 KAS BANK N.V. 015 B000031 S 015 C010031 AMSTERDAM 015 D010031 NETHERLANDS 015 D020031 1012 VT 015 E040031 X 015 A000032 NATIONAL AUSTRALIA BANK LIMITED 015 B000032 S 015 C010032 AUCKLAND 015 D010032 NEW ZEALAND 015 E040032 X 015 A000033 DNB NOR BANK ASA 015 B000033 S 015 C010033 OSLO 015 D010033 NORWAY 015 D020033 N-0107 015 E040033 X 015 A000034 Standard Chartered Bank (Pakistan) Limited 015 B000034 S 015 C010034 Karachi 015 D010034 Pakistan 015 D020034 74000 015 E040034 X 015 A000035 CITIBANK DEL PERU S.A. 015 B000035 S 015 C010035 LIMA 015 D010035 PERU 015 D020035 27 015 E040035 X PAGE 6 015 A000036 THE HONGKONG AND SHANGHAI BANKING CORP. LTD. 015 B000036 S 015 C010036 PASIG CITY, MANILA 015 D010036 PHILIPPINES 015 E040036 X 015 A000037 BANK HANDLOWY W. WARSZAWIE S.A. 015 B000037 S 015 C010037 WARSAW 015 D010037 POLAND 015 D020037 00-923 015 E040037 X 015 A000038 BANCO ESPIRITO SANTO, S.A. 015 B000038 S 015 C010038 LISBON 015 D010038 PORTUGAL 015 D020038 1250-069 015 E040038 X 015 A000039 DBS BANK LTD. 015 B000039 S 015 C010039 SINGAPORE 015 D010039 SINGAPORE 015 D020039 239922 015 E040039 X 015 A000040 UNICREDIT BANK SLOVAKIA A.S. 015 B000040 S 015 C010040 BRATISLAVA 015 D010040 SLOVAK REPUBLIC 015 D020040 SK-811 04 015 E040040 X 015 A000041 FIRSTRAND BANK LIMITED 015 B000041 S 015 C010041 JOHANNESBURG 015 D010041 SOUTH AFRICA 015 D020041 2001 015 E040041 X 015 A000042 STANDARD CHARTERED FIRST BANK KOREA LIMITED 015 B000042 S 015 C010042 SEOUL 015 D010042 SOUTH KOREA 015 D020042 110-702 015 E040042 X 015 A000043 SANTADER INVESTMENT, S.A. 015 B000043 S 015 C010043 MADRID 015 D010043 SPAIN 015 D020043 28660 015 E040043 X 015 A000044 THE HONGKONG AND SHANGHAI BANKING CORP. LTD. 015 B000044 S 015 C010044 COLOMBO 015 D010044 SRI LANKA PAGE 7 015 D020044 1 015 E040044 X 015 A000045 SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) 015 B000045 S 015 C010045 STOCKHOLM 015 D010045 SWEDEN 015 D020045 SE-106 40 015 E040045 X 015 A000046 UBS AG 015 B000046 S 015 C010046 ZURICH 015 D010046 SWITZERLAND 015 D020046 8021 015 E040046 X 015 A000047 JPMORGAN CHASE BANK, N.A. 015 B000047 S 015 C010047 TAIPEI 015 D010047 TAIWAN 015 D020047 110 015 E040047 X 015 A000048 STANDARD CHARTERED BANK 015 B000048 S 015 C010048 BANGKOK 015 D010048 THAILAND 015 D020048 10500 015 E040048 X 015 A000049 JPMORGAN CHASE BANK, N.A. 015 B000049 S 015 C010049 LONDON 015 D010049 UNITED KINGDOM 015 D020049 EC4Y 5AJ 015 E040049 X 015 A000050 BANKBOSTON, N.A. 015 B000050 S 015 C010050 MONTEVIDEO 015 D010050 URUGUAY 015 E040050 X 015 A000051 BARCLAYS BANK ZAMBIA PLC 015 B000051 S 015 C010051 LUSAKA 015 D010051 ZAMBIA 015 E040051 X 015 A000052 BARCLAYS BANK OF ZIMBABWE LIMITED 015 B000052 S 015 C010052 HARARE 015 D010052 ZIMBABWE 015 E040052 X 015 A000053 HANSABANK 015 B000053 S 015 C010053 TALLINN 015 D010053 ESTONIA PAGE 8 015 D020053 EE0001 015 E040053 X 015 A000054 THE HONGKONG AND SHANGHAI BANKING COPR. LTD. 015 B000054 S 015 C010054 HO CHI MINH CITY 015 D010054 VIETNAM 015 E040054 X 018 000000 Y 019 A000000 Y 019 B000000 153 019 C000000 FRNKTEMINV 020 A000001 MERRILL LYNCH 020 B000001 13-5674085 020 C000001 153 020 A000002 CITIGROUP GLOBAL MARKETS 020 B000002 13-3214963 020 C000002 148 020 A000003 MACQUARIE EQUITIES 020 B000003 98-0141094 020 C000003 118 020 A000004 UBS WARBURG LTD 020 B000004 13-3340045 020 C000004 72 020 A000005 MORGAN STANLEY 020 B000005 13-2655998 020 C000005 69 020 A000006 CREDIT LYONNAIS 020 B000006 13-2602298 020 C000006 66 020 A000007 CHASE H&Q 020 B000007 13-3112953 020 C000007 57 020 A000008 DEUTSCHE BANK 020 B000008 13-2730828 020 C000008 51 020 A000009 GOLDMAN SACHS 020 B000009 13-5108880 020 C000009 42 020 A000010 NOMURA SECURITIES LTD 020 B000010 13-2642206 020 C000010 41 021 000000 983 022 A000001 FIRST TENNESSEE CAPITAL MARKETS 022 B000001 62-0201385 022 C000001 2317913 022 D000001 2237 022 A000002 BANK OF AMERICA NA 022 B000002 91-0402650 022 C000002 1444642 022 D000002 5005 022 A000003 JP MORGAN PAGE 9 022 B000003 13-4994650 022 C000003 600957 022 D000003 0 022 A000004 BARCLAYS DE ZOETE WEDD 022 B000004 58-1550508 022 C000004 576547 022 D000004 0 022 A000005 DRES KLEIN WASS PERELLA 022 B000005 13-3894311 022 C000005 0 022 D000005 5480 022 A000006 CREDIT LYONNAIS 022 B000006 13-2602298 022 C000006 787 022 D000006 0 022 A000007 UBS WARBURG 022 B000007 13-3340045 022 C000007 676 022 D000007 0 022 A000008 MERRILL LYNCH 022 B000008 13-5674085 022 C000008 527 022 D000008 0 022 A000009 ABN AMRO INCORPORATED 022 B000009 13-3227945 022 C000009 267 022 D000009 0 022 A000010 MORGAN STANLEY 022 B000010 13-2655998 022 C000010 54 022 D000010 0 023 C000000 4949446 023 D000000 12722 024 000000 N 026 A000000 Y 026 B000000 Y 026 C000000 Y 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 Y 027 000000 Y 028 A010000 16240 028 A020000 0 028 A030000 0 028 A040000 28538 028 B010000 18476 028 B020000 0 028 B030000 0 PAGE 10 028 B040000 13587 028 C010000 20570 028 C020000 0 028 C030000 0 028 C040000 37602 028 D010000 20451 028 D020000 0 028 D030000 0 028 D040000 23854 028 E010000 32641 028 E020000 0 028 E030000 0 028 E040000 21442 028 F010000 28473 028 F020000 0 028 F030000 0 028 F040000 37724 028 G010000 136851 028 G020000 0 028 G030000 0 028 G040000 162747 028 H000000 38797 029 000000 Y 030 A000000 4156 030 B000000 5.75 030 C000000 0.00 031 A000000 660 031 B000000 0 032 000000 3496 033 000000 0 034 000000 Y 035 000000 151 036 A000000 N 036 B000000 0 037 000000 Y 038 000000 13 039 000000 N 040 000000 Y 041 000000 Y 042 A000000 0 042 B000000 0 042 C000000 100 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 3078 044 000000 0 045 000000 Y 046 000000 N PAGE 11 047 000000 Y 048 000000 0.000 048 A010000 1000000 048 A020000 1.250 048 B010000 4000000 048 B020000 1.200 048 C010000 5000000 048 C020000 1.150 048 D010000 5000000 048 D020000 1.100 048 E010000 5000000 048 E020000 1.050 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 20000000 048 K020000 1.000 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 N 054 A000000 Y 054 B000000 Y 054 C000000 Y 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 Y 054 M000000 Y 054 N000000 N 054 O000000 Y 055 A000000 N 055 B000000 N 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 N PAGE 12 060 B000000 N 061 000000 1000 062 A000000 N 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 0.0 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 063 A000000 0 063 B000000 0.0 066 A000000 Y 066 B000000 N 066 C000000 Y 066 D000000 N 066 E000000 N 066 F000000 N 066 G000000 N 067 000000 N 068 A000000 N 068 B000000 Y 069 000000 N 070 A010000 Y 070 A020000 N 070 B010000 Y 070 B020000 N 070 C010000 Y 070 C020000 N 070 D010000 Y 070 D020000 N 070 E010000 Y 070 E020000 N 070 F010000 Y 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 Y 070 H020000 N 070 I010000 N 070 I020000 N PAGE 13 070 J010000 Y 070 J020000 N 070 K010000 Y 070 K020000 N 070 L010000 Y 070 L020000 Y 070 M010000 Y 070 M020000 Y 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 Y 070 P020000 N 070 Q010000 N 070 Q020000 N 070 R010000 N 070 R020000 N 071 A000000 275806 071 B000000 183112 071 C000000 830313 071 D000000 22 072 A000000 12 072 B000000 1791 072 C000000 25664 072 D000000 0 072 E000000 0 072 F000000 10803 072 G000000 1733 072 H000000 0 072 I000000 1292 072 J000000 432 072 K000000 0 072 L000000 141 072 M000000 61 072 N000000 125 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 39 072 S000000 8 072 T000000 3078 072 U000000 0 072 V000000 0 072 W000000 17 072 X000000 17729 072 Y000000 0 072 Z000000 9726 072AA000000 59437 072BB000000 2770 072CC010000 350219 PAGE 14 072CC020000 0 072DD010000 2804 072DD020000 4045 072EE000000 0 073 A010000 0.0000 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 4439 074 B000000 0 074 C000000 7941 074 D000000 0 074 E000000 0 074 F000000 1098240 074 G000000 0 074 H000000 0 074 I000000 0 074 J000000 1594 074 K000000 0 074 L000000 8975 074 M000000 0 074 N000000 1121189 074 O000000 1962 074 P000000 1913 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 2694 074 S000000 0 074 T000000 1114620 074 U010000 12576 074 U020000 14426 074 V010000 0.00 074 V020000 0.00 074 W000000 0.0000 074 X000000 36703 074 Y000000 0 075 A000000 0 075 B000000 867694 076 000000 0.00 077 A000000 Y 077 B000000 Y 077 C000000 Y 077 E000000 Y 077 Q010000 Y 078 000000 N 080 A000000 ICI Mutual Insurance Company 080 B000000 None 080 C000000 220000 081 A000000 Y PAGE 15 081 B000000 560 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 SIGNATURE /s/GREGORY R. SEWARD TITLE TREASURER EX-99.77B ACCT LTTR 2 exh77b807.txt PWC INTERNAL CONTROL LETER NAME OF REGISTRANT: Templeton China World Fund File No. 811-07876 EXHIBIT ITEM NO. 77(B): ACCOUNTANT'S REPORT ON INTERNAL CONTROL REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees and Shareholders of Templeton China World Fund In planning and performing our audit of the financial statements of Templeton China World Fund (the "Fund") as of and for the year ended August 31, 2007, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund's internal control over financial reporting, including control activities for safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund's internal control over financial reporting. The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Such internal control over financial reporting includes policies and procedures that provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A control deficiency exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the fund's ability to initiate, authorize, record, process or report external financial data reliably in accordance with generally accepted accounting principles such that there is more than a remote likelihood that a misstatement of the fund's annual or interim financial statements that is more than inconsequential will not be prevented or detected. A material weakness is a control deficiency, or combination of control deficiencies, that results in more than a remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected. Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be significant deficiencies or material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of August 31, 2007. This report is intended solely for the information and use of management and the Board of Trustees of Templeton China World Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/PRICEWATERHOUSECOOPERS LLP October 18, 2007 EX-99.77C VOTES 3 exh77c807.txt VOTE OF SECURITY HOLDERS NAME OF REGISTRANT: Templeton China World Fund File No. 811-07876 EXHIBIT ITEM NO. 77(C): MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS Templeton China World Fund SPECIAL MEETING OF SHAREHOLDERS - MARCH 21, 2007 AND RECONVENED ON APRIL 11, 2007 (UNAUDITED) A Special Meeting of the Shareholders of the Templeton China World Fund (the "Trust") was held at the offices of Franklin Templeton Investments, One Franklin Parkway, San Mateo, California on March 21, 2007, and reconvened on April 11, 2007. The purpose of the meeting was to elect Trustees of the Trust and to approve amendments to certain of the Trust's fundamental investment restrictions (including three (3) Sub-Proposals). At the meeting, the following persons were elected by the shareholders to serve as Independent Trustees of the Trust: Harris J. Ashton, Frank J. Crothers, Edith E. Holiday, David W. Niemiec, Frank A. Olson, Larry D. Thompson, Constantine D. Tseretopoulos and Robert E. Wade. Charles B. Johnson and Gregory E. Johnson were elected by the shareholders to serve as Interested Trustees. Shareholders also approved amendments to certain of the Trust's fundamental investment restrictions (including three (3) Sub-Proposals). No other business was transacted at the meeting. The results of the voting at the meeting are as follows: Proposal 1. The Election of Trustees:
- ----------------------------------------------------------------------------------------------------------------------- % OF % OF SHARES SHARES % OF PRESENT % OF PRESENT OUTSTANDING AND OUTSTANDING AND NAME FOR SHARES VOTING WITHHELD SHARES VOTING - ----------------------------------------------------------------------------------------------------------------------- Harris J. Ashton ..................... 14,882,583.526 55.123% 97.686% 352,577.774 1.306% 2.314% Frank J. Crothers .................... 14,906,821.095 55.213% 97.845% 328,340.205 1.216% 2.155% Edith E. Holiday ..................... 14,871,810.585 55.083% 97.615% 363,350.715 1.346% 2.385% David W. Niemiec ..................... 14,906,689.194 55.212% 97.844% 328,472.106 1.217% 2.156% Frank A. Olson ....................... 14,888,755.323 55.146% 97.726% 346,405.977 1.283% 2.274% Larry D. Thompson .................... 14,893,725.838 55.164% 97.759% 341,435.462 1.265% 2.241% Constantine D. Tseretopoulos ......... 14,877,274.805 55.103% 97.651% 357,886.495 1.326% 2.349% Robert E. Wade ....................... 14,897,573.804 55.178% 97.784% 337,587.496 1.251% 2.216% Charles B. Johnson ................... 14,885,823.955 55.135% 97.707% 349,337.345 1.294% 2.293% Gregory E. Johnson ................... 14,897,848.534 55.179% 97.786% 337,312.766 1.250% 2.214%
Proposal 2. To approve of amendments to certain of the Trust's fundamental investment restrictions (includes three (3) Sub-Proposals): (a) To amend the Trust's fundamental investment restriction regarding lending: - -------------------------------------------------------------------------------- % OF % OF SHARES OUTSTANDING PRESENT AND SHARES VOTED SHARES VOTING - -------------------------------------------------------------------------------- For .............................. 10,375,808.948 38.430% 68.104% Against .......................... 519,105.741 1.923% 3.408% Abstain .......................... 350,695.611 1.299% 2.301% Broker Non-Votes ................. 3,989,551.000 14.777% 26.186% - -------------------------------------------------------------------------------- TOTAL ............................ 15,235,161.300 56.429% 100.000% - -------------------------------------------------------------------------------- (b) To amend the Trust's fundamental investment restriction regarding investments in real estate: - -------------------------------------------------------------------------------- % OF % OF SHARES OUTSTANDING PRESENT AND SHARES VOTED SHARES VOTING - -------------------------------------------------------------------------------- For .............................. 10,489,208.369 38.850% 68.849% Against .......................... 422,763.628 1.566% 2.775% Abstain .......................... 333,638.303 1.236% 2.190% Broker Non-Votes ................. 3,989,551.000 14.777% 26.186% - -------------------------------------------------------------------------------- TOTAL ............................ 15,235,161.300 56.429% 100.000% - -------------------------------------------------------------------------------- (c) To amend the Trust's fundamental investment restriction regarding investments in commodities: - -------------------------------------------------------------------------------- % OF % OF SHARES OUTSTANDING PRESENT AND SHARES VOTED SHARES VOTING - -------------------------------------------------------------------------------- For .............................. 10,337,374.921 38.288% 67.852% Against .......................... 551,310.312 2.042% 3.619% Abstain .......................... 356,925.067 1.322% 2.342% Broker Non-Votes ................. 3,989,551.000 14.777% 26.186% - -------------------------------------------------------------------------------- TOTAL ............................ 15,235,161.300 56.429% 100.000% - -------------------------------------------------------------------------------- EX-99.77E LEGAL 4 exh77e807.txt LEGAL PROCEEDINGS NAME OF REGISTRANT: Templeton China World Fund File No. 811-07876 EXHIBIT ITEM NO. 77(E): LEGAL PROCEEDINGS REGULATORY AND LITIGATION MATTERS As part of various investigations by a number of federal, state, and foreign regulators and governmental entities, including the Securities and Exchange Commission ("SEC"), relating to certain practices in the mutual fund industry, including late trading, market timing and marketing support payments to securities dealers who sell fund shares ("marketing support"), Franklin Resources, Inc. and certain of its subsidiaries (collectively, the "Company"), entered into settlements with certain of those regulators and governmental entities. Specifically, the Company entered into settlements with the SEC, among others, concerning market timing and marketing support. On June 23, 2006, the SEC approved the proposed plan of distribution for the marketing support settlement, and disbursement of the settlement monies to the designated funds, in accordance with the terms and conditions of that settlement and plan, was completed in September 2006. On June 6, 2007, the SEC posted for public comment the proposed plan of distribution for the market timing settlement. Once the SEC approves the final plan of distribution, disbursements of settlement monies will be made promptly to individuals who were shareholders of the designated funds during the relevant period, in accordance with the terms and conditions of the settlement and plan. In addition, the Company, as well as most of the mutual funds within Franklin Templeton Investments and certain current or former officers, Company directors, fund directors, and employees, have been named in private lawsuits (styled as shareholder class actions, or as derivative actions on behalf of either the named funds or Franklin Resources, Inc.). The lawsuits relate to the industry practices referenced above. The Company and fund management believe that the claims made in each of the private lawsuits referenced above are without merit and intend to defend against them vigorously. The Company cannot predict with certainty the eventual outcome of these lawsuits, nor whether they will have a material negative impact on the Company. If it is determined that the Company bears responsibility for any unlawful or inappropriate conduct that caused losses to the Fund, it is committed to making the Fund or its shareholders whole, as appropriate. -----END PRIVACY-ENHANCED MESSAGE-----