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 (FURNISHED HEREWITH)

I, Gregory E.  Johnson,  President  and Co-Chief  Executive  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, 2004 (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 14, 2004                  /S/ GREGORY E. JOHNSON
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                                      Gregory E. Johnson
                                      President and Co-Chief Executive Officer