SAN MATEO, CA--(Marketwire - February 18, 2011) - Franklin Universal Trust (NYSE: FT), a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.038 per share, payable March 15, 2011, to shareholders of record on February 28, 2011 (Ex-Dividend Date: February 24, 2011).

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 approximately $681 billion in assets under management as of January 31, 2011. For more information, please call 1-800/DIAL BEN^® or visit franklintempleton.com.

Contact Information:

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