Franklin Templeton Limited Duration Income Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - Apr 30, 2012) - Franklin Templeton Limited Duration Income Trust (NYSE Amex: FTF), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of March 31, 2012.

Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $725 billion in assets under management as of March 31, 2012. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST ASSET ALLOCATION at March 31, 2012

SECTOR ALLOCATION

MARKET
VALUE (Millions)

PERCENTAGE
OF FUND 1
High Yield Corporate Bonds & Preferred Securities 192.1 35.2%
Investment Grade Corporate Bonds 2.3 0.4%
Floating Rate Loans 188.5 34.6%
Mortgage-Backed Securities 121.5 22.3%
Other Asset-Backed Securities 2 24.6 4.5%
International Government Bonds (US$ and non-US$) 8.2 1.5%
Common Stock & Warrants 0.0 0.0%
Cash & Other Net Assets 3 8.0 1.5%
Total Assets 4 $545.4 100.0%

TOP 10 INDUSTRIES 5

MARKET
VALUE (Millions)

PERCENTAGE
OF FUND 1
Healthcare Services 38.9 7.1%
Energy 29.4 5.4%
Automotive 25.5 4.7%
Financial Services 24.6 4.5%
Info/Technology 22.7 4.2%
Consumer Products 20.7 3.8%
Gaming/Leisure 20.3 3.7%
Chemicals 18.5 3.4%
Broadcasting 17.7 3.3%
Food & Beverage 17.6 3.2%
Total 4 $235.9 43.2%

10 LARGEST HOLDINGS BY ISSUER

MARKET
VALUE (Millions)

PERCENTAGE
OF FUND 1
Fannie Mae 92.0 16.9%
Freddie Mac 28.0 5.1%
Caesars Entertainment Operating 7.7 1.4%
Reynolds Group 7.2 1.3%
Intelsat Jackson Holding LT 6.6 1.2%
Visant Corp. 5.5 1.0%
Calpine Corp. 5.0 0.9%
Sungard Data Systems Inc. 4.7 0.9%
Del Monte Foods 4.7 0.9%
Wachovia Bank Commerical 4.5 0.8%
Total 4 $166.0 30.4%
Number of positions 393
NAV per share $ 13.81
Market price per share $ 14.01
Number of shares outstanding 26,786,933
Total net assets $ 370,054,967
Weighted average duration (including leverage) 6 3 years
Fund leverage percentage 7 32%
1 Percentage of total investments of the Fund. Total investments of the Fund include long-term and short-term investments and other net assets. Does not include last day portfolio and shareholder trades.
2 May include collateralized loan obligations ("CLOs").
3 Includes currency forward contracts and investments in the LCDX swap index and CDX swap index.
4 Total figures may not represent exact sum of items as a result of rounding.
5 Top 10 industries for corporate bonds and floating rate loans.
6 Duration calculated using internal methodologies. Rounded to the nearest year.
7 Preferred shares issued by the Fund and mortgage dollar rolls used for leverage divided by total assets of the Fund.

Contact Information:

Contact:
Franklin Templeton Investments
Shareholders/Financial Advisors: (800) 342-5236