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Templeton Russia and East European Fund, Inc. ("TRF") Announces Distribution

^{Published on 2008-12-03 08:08:14 - Market Wire}
 

FORT LAUDERDALE, Fla.--([ BUSINESS WIRE ])--First graph, first sentence should read ...long-term capital gains distribution of $8.4306 per share and... (...sted long-term capital gains distribution of $8.947 per share and...)

The corrected release reads:

TEMPLETON RUSSIA AND EAST EUROPEAN FUND, INC. ("TRF") ANNOUNCES DISTRIBUTION

Templeton Russia and East European Fund, Inc. (NYSE:TRF) today announced a year-end distribution comprised of net investment income of $0.2594 per share, long-term capital gains distribution of $8.4306 per share and short-term capital gains distribution of $0.5194 per share, payable on December 31, 2008 to shareholders of record on December 16, 2008 (Ex-Dividend Date: December 12, 2008).

The Fund's investment manager, Templeton Asset Management Ltd., is an indirect, wholly owned subsidiary of Franklin Resources, Inc. (NYSE:BEN), a global investment organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $426 billion in assets under management as of October 31, 2008. For more information, please call 1-800/DIAL BEN^® or visit franklintempleton.com.