EXHIBIT 99.2
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                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Martin L. Flanagan, Chief Financial Officer of Franklin Resources,  Inc. (the
"Company"),  certify,  pursuant to 18 U.S.C. Section 1350 as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

     1.   The  quarterly  report on Form 10-Q of the Company  for the  quarterly
          period ended March 31, 2003 (the  "Report")  fully  complies  with the
          requirements of Section 13(a) or 15(d) of the Securities  Exchange Act
          of 1934; and

     2.   The  information  contained  in the  Report  fairly  presents,  in all
          material respects,  the financial  condition and results of operations
          of the Company.

Dated:  May 12, 2003               /s/ Martin L. Flanagan
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                                   Martin L. Flanagan
                                   Chief Financial Officer