-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 N7AZ3qqrR13iaJFOfgBfFXsmOA7I212nJZ12mIeN6UWvwVSumjUzkNmQSeI7Zv5b
 FlYpPhUw2iwmlzbQzxI1AA==

<SEC-DOCUMENT>0000919893-03-000019.txt : 20030523
<SEC-HEADER>0000919893-03-000019.hdr.sgml : 20030523
<ACCEPTANCE-DATETIME>20030522200923
ACCESSION NUMBER:		0000919893-03-000019
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030514
FILED AS OF DATE:		20030523

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEMPLETON DRAGON FUND INC
		CENTRAL INDEX KEY:			0000919893
		IRS NUMBER:				650473580
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		700 CENTRAL AVE
		CITY:			ST PETERSBURG
		STATE:			FL
		ZIP:			33701
		BUSINESS PHONE:		8138238712

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OLSON FRANK ALBERT
		CENTRAL INDEX KEY:			0001181380
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08394
		FILM NUMBER:		03717080

	BUSINESS ADDRESS:	
		STREET 1:		C/O FRANKLIN RESOURCES INC
		STREET 2:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403
		BUSINESS PHONE:		6503126348

	MAIL ADDRESS:	
		STREET 1:		C/O FRANKLIN RESOURCES INC
		STREET 2:		ONE FRANKLIN PARKWAY
		CITY:			SANB MATEO
		STATE:			CA
		ZIP:			94403
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <documentType>3</documentType>

    <periodOfReport>2003-05-14</periodOfReport>


    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000919893</issuerCik>
        <issuerName>TEMPLETON DRAGON FUND INC</issuerName>
        <issuerTradingSymbol>TDF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001181380</rptOwnerCik>
            <rptOwnerName>OLSON FRANK ALBERT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>


    <ownerSignature>
        <signatureName>Frank Albert Olson</signatureName>
        <signatureDate>2003-05-22</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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