EXHIBIT 32.2
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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, James R. Baio,  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 June 30, 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:  August 14, 2003            /s/ James R. Baio
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                                   James R. Baio
                                   Senior Vice President and
                                   Chief Financial Officer