EXHIBIT C
BOARDS AND THE FUNDS/SERIES TO BE
SUPERVISED BY SUCH BOARDS
Funds to be Supervised by Board I
Fund and Series | Nominees for Board I | ||
Franklin California Tax-Free Trustab | Independent Board Nominees: | ||
Franklin California Insured Tax-Free Income Fund | Harris J. Ashton | ||
Franklin California Intermediate-Term Tax-Free Income Fund | Robert F. Carlson | ||
Franklin California Limited-Term Tax-Free Income Fund | Sam L. Ginnc | ||
Franklin California Tax-Exempt Money Fund | Edith E. Holiday | ||
Frank W. T. LaHaye | |||
Franklin Capital Growth Funda | Frank A. Olson | ||
Larry D. Thompsonc | |||
Franklin Global Trust | John B. Wilson | ||
Fiduciary Large Capitalization Growth and Income Fund | |||
Fiduciary Small Capitalization Equity Fund | Interested Board Nominees: | ||
Franklin International Smaller Companies Growth Fund | Charles B. Johnson | ||
Franklin Templeton Core Fixed Income Fund | Gregory E. Johnsonc | ||
Franklin Templeton Core Plus Fixed Income Fund | |||
Franklin Templeton Emerging Market Debt Opportunities Fund | |||
Franklin Templeton High Income Fund | |||
Franklin Gold and Precious Metals Funda | |||
Franklin Municipal Securities Trusta | |||
Franklin California High Yield Municipal Fund | |||
Franklin Tennessee Municipal Bond Fund | |||
Franklin New York Tax-Free Trustbd | |||
Franklin New York Insured Tax-Free Income Fund | |||
Franklin New York Intermediate-Term Tax-Free Income Fund | |||
Franklin New York Limited-Term Tax-Free Income Fund | |||
Franklin New York Tax-Exempt Money Fund | |||
Franklin Real Estate Securities Trustb | |||
Franklin Real Estate Securities Fund | |||
Franklin Strategic Mortgage Portfolioabd | |||
Franklin Tax-Free Trustad | |||
Franklin Alabama Tax-Free Income Fund | |||
Franklin Arizona Tax-Free Income Fund | |||
Franklin Colorado Tax-Free Income Fund | |||
Franklin Connecticut Tax-Free Income Fund | |||
Franklin Double Tax-Free Income Fund | |||
Franklin Federal Intermediate-Term Tax-Free Income Fund | |||
Franklin Federal Limited-Term Tax-Free Income Fund | |||
Franklin Florida Insured Tax-Free Income Fund | |||
Franklin Florida Tax-Free Income Fund | |||
Franklin Georgia Tax-Free Income Fund | |||
Franklin High Yield Tax-Free Income Fund | |||
Franklin Insured Tax-Free Income Fund | |||
Franklin Kentucky Tax-Free Income Fund | |||
Franklin Louisiana Tax-Free Income Fund | |||
Franklin Maryland Tax-Free Income Fund | |||
Franklin Massachusetts Insured Tax-Free Income Fund |
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Fund and Series | |||
Franklin Michigan Insured Tax-Free Income Fund | |||
Franklin Minnesota Insured Tax-Free Income Fund | |||
Franklin Missouri Tax-Free Income Fund | |||
Franklin New Jersey Tax-Free Income Fund | |||
Franklin North Carolina Tax-Free Income Fund | |||
Franklin Ohio Insured Tax-Free Income Fund | |||
Franklin Oregon Tax-Free Income Fund | |||
Franklin Pennsylvania Tax-Free Income Fund | |||
Franklin Virginia Tax-Free Income Fund | |||
Franklin Templeton Fund Allocator Seriesb | |||
Franklin Templeton Conservative Target Fund | |||
Franklin Templeton Corefolio Allocation Fund | |||
Franklin Templeton Founding Funds Allocation Fund | |||
Franklin Templeton Growth Target Fund | |||
Franklin Templeton Moderate Target Fund | |||
Franklin Templeton Perspectives Allocation Fund | |||
Franklin Templeton 2015 Retirement Target Fund | |||
Franklin Templeton 2025 Retirement Target Fund | |||
Franklin Templeton 2035 Retirement Target Fund | |||
Franklin Templeton 2045 Retirement Target Fund | |||
Franklin Templeton Global Trustb | |||
Franklin Templeton Hard Currency Fund | |||
Franklin Templeton International Trustab | |||
Templeton Foreign Smaller Companies Fund | |||
Templeton Global Long-Short Fund | |||
Franklin Templeton Money Fund Trustd | |||
Franklin Templeton Money Fund | |||
Institutional Fiduciary Trustd | |||
Franklin Templeton Money Fund | |||
Franklin Cash Reserves Fund | |||
Franklin Structured Large Cap Core Equity Fund | |||
Franklin Structured Large Cap Growth Equity Fund | |||
Money Market Portfolio | |||
The Money Market Portfoliosbd | |||
The Money Market Portfolio | |||
aMr. Carlson does not currently serve on this Fund’s Board. | |||
bMr. Olson does not currently serve on this Fund’s Board. | |||
cMessrs. Ginn, Thompson and Gregory E. Johnson do not currently serve on the Boards of any of the Funds to besupervised by Board I. | |||
dMr. Wilson does not currently serve on this Fund’s Board. | |||
Funds to be Supervised by Board II | |||
Fund and Series | Nominees for Board II | ||
Franklin California Tax-Free Income Fund, Inc.ab | Independent Board Nominees: | ||
Harris J. Ashton | |||
Franklin Custodian Funds, Inc.ab | Robert F. Carlson | ||
Franklin DynaTech Fund | Sam L. Ginnd | ||
Franklin Growth Fund | Edith E. Holiday | ||
Franklin Income Fund | Frank W. T. LaHaye |
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Fund and Series | Nominees for Board II | ||
Franklin U.S. Government Securities Fund | Frank A. Olson | ||
Larry D. Thompsond | |||
John B. Wilsond | |||
Franklin High Income Trustce | |||
Franklin High Income Fund | Interested Board Nominees: | ||
Charles B. Johnson | |||
Franklin Investors Securities Trusta | Rupert H. Johnson, Jr. | ||
Franklin Adjustable U.S. Government Securities Fund | |||
Franklin Balanced Fund | |||
Franklin Convertible Securities Fund | |||
Franklin Equity Income Fund | |||
Franklin Floating Rate Daily Access Fund | |||
Franklin Limited Maturity U.S. Government Fund Securities | |||
Franklin Low Duration Total Return Fund | |||
Franklin Total Return Fund | |||
Franklin New York Tax-Free Income Fundab | |||
Franklin Strategic Seriesac | |||
Franklin Aggressive Growth Fund | |||
Franklin Biotechnology Discovery Fund | |||
Franklin Blue Chip Fund | |||
Franklin Flex Cap Growth Fund | |||
Franklin Global Communications Fund | |||
Franklin Global Health Care Fund | |||
Franklin Natural Resources Fund | |||
Franklin Small-Mid Cap Growth Fund | |||
Franklin Small Cap Growth Fund II | |||
Franklin Strategic Income Fund | |||
Franklin Technology Fund | |||
Franklin U.S. Long-Short Fund | |||
aMr. Carlson does not currently serve on this Fund’s Board. | |||
bMr. LaHaye does not currently serve on this Fund’s Board. | |||
cMr. Olson does not currently serve on this Fund’s Board. | |||
dMessrs. Ginn, Thompson and Wilson do not currently serve on the Boards of any of the Funds to be supervised by Board II, except that Mr. Wilson currently serves on the Board of Franklin Strategic Series. | |||
eMr. Charles B. Johnson does not currently serve on this Fund’s Board. | |||
Funds to be Supervised by Board III | |||
Fund and Series | Nominees for Board III | ||
Templeton China World Fund | Independent Board Nominees: | ||
Harris J. Ashton | |||
Templeton Developing Market Trust | Frank J. Crothers | ||
Edith E. Holiday | |||
Templeton Global Smaller Companies Fund | David W. Niemiec | ||
Frank A. Olson | |||
Templeton Income Trust | Larry D. Thompson | ||
Templeton Global Bond Fund | Constantine D. Tseretopoulos | ||
Robert E. Wadea | |||
Templeton Institutional Funds, Inc. | |||
Emerging Market Series | Interested Board Nominees: | ||
Foreign Equity Series | Charles B. Johnson | ||
Foreign Smaller Companies Series | Gregory E. Johnsonb | ||
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aMr. Wade does not currently serve on the Board of Templeton Institutional Funds, Inc. | |||
bMr. Gregory E. Johnson does not currently serve on the Board of any Fund to be supervised by Board III. |
Fund to be Supervised by Board IV | |||
Fund and Series | Nominees for Board IV | ||
Templeton Funds, Inc. | Independent Board Nominees: | ||
Templeton Foreign Fund | Harris J. Ashton | ||
Templeton World Fund | Frank J. Crothers | ||
Edith E. Holiday | |||
David W. Niemiec | |||
Frank A. Olson | |||
Larry D. Thompson | |||
Constantine D. Tseretopoulos | |||
Robert E. Wade | |||
Interested Board Nominees: | |||
Charles B. Johnson | |||
Rupert H. Johnson, Jr. | |||
Funds to be Supervised by Board V | |||
Fund and Series | Nominees for Board V | ||
Franklin Managed Trust | Independent Board Nominees: | ||
Franklin Rising Dividends Fund | Frank T. Crohn | ||
Charles Rubens, II | |||
Franklin Value Investors Trust | Leonard Rubin | ||
Franklin Balance Sheet Investment Fund | Burton J. Greenwald | ||
Franklin Large Cap Value Fund | Robert E. Wade | ||
Franklin MicroCap Value Fund | |||
Franklin MidCap Value Fund | Interested Board Nominee: | ||
Franklin Small Cap Value Fund | William J. Lippman | ||
Funds to be Supervised by Board VI | |||
Fund and Series | Nominees for Board VI | ||
Franklin Mutual Series Fund Inc. | Independent Board Nominees: | ||
Mutual Beacon Fund | Edward I. Altman | ||
Mutual Discovery Fund | Ann Torre Bates | ||
Mutual European Fund | Burton J. Greenwald | ||
Mutual Financial Services Fund | Bruce A. MacPherson | ||
Mutual Qualified Fund | Leonard Rubin | ||
Mutual Shares Fund | Charles Rubens, II | ||
Robert E. Wade | |||
Franklin Mutual Recovery Fund | |||
Interested Board Nominee: | |||
Gregory E. Johnsona | |||
Peter A. Langermana | |||
aMessrs. Gregory E. Johnson and Langerman do not currently serve on the Boards of the Funds to be supervised by Board VI. |
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