FORT LAUDERDALE, FL--(Marketwire - May 20, 2009) - Templeton Dragon Fund, Inc. (the
"Fund") (NYSE: TDF), a closed-end management investment company, today
announced that it intends to withdraw its shares of common stock from
listing on the Osaka Securities Exchange Co., Ltd. ("OSE") in Japan. The
Fund's Board of Directors has approved the filing of an application for
delisting with the OSE. The Fund's shares of common stock will continue to
be listed on the New York Stock Exchange. The Fund is withdrawing its OSE
listing in order to reduce administrative burdens and cost. An application
for delisting will be filed with the OSE promptly. The Fund's shares of
common stock will be delisted from the OSE upon the expiration of one month
after the OSE determines the delisting. The Fund will be notified by the
OSE of the effective time of the delisting once it is approved in
accordance with the OSE's listing rules.
The Fund's investment manager is an indirect, 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 $421 billion in assets
under management as of April 30, 2009. For more information, please call
1-800/DIAL BEN® or visit franklintempleton.com.
Contact Information: For more information, please contact:
Franklin Templeton Investments
1-800-342-5236