Templeton Russia/Euroasia Fund
Proposed Ticker:REF 500 East Broward Blvd.
Exchange:New York Stock Exchange Fort Lauderdale, FL 33394
Industry:Financial (SIC Code 6726) (954) 527-7500
# of Employees:0

Filing Information
Type of Shares:Shares of Beneficial Interest Filing Date:10/6/97
U.S. Shares Filed:3,000,000 Filing Price:$20.00
Non-U.S. Shares Filed:0 Offering Amount: $60,000,000
Primary Shares:3,000,000 Expenses: -
Secondary Shares:0 Shares Out After:
Type of fund: Regional

Primary Underwriting Group
ManagerTierPhone
Smith Barney Inc.Lead Manager (212) 723-7300

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Dechert Price & Rhoads
Bank's Law Firm: Skadden, Arps, Slate, Meagher & Flom
Auditor: McGladrey & Pullen
Registrar/Transfer Agent: Chase Manhattan Bank, New York

Business Description
The company is a closed end management investment company. The fund's objective is long term capital appreciation, to achieve its objective, the fund will invest primarily in equity securities of Russia/Euroasia Companies.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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