www.sec.gov/Archives/edgar/data/833040/0000833040-03-00 -
[Cached Version]
Published on: 1/21/2003
Last Visited: 1/22/2003
Frank H. Abbott, III, Harris J. Ashton, Robert F. Carlson, S. Joseph Fortunato, Edward B. Jamieson, Charles B. Johnson, Rupert H. Johnson, Jr., Frank W.T. LaHaye, and Gordon S. Macklin have been nominated to be Trustees of the Fund, to hold office until the next Annual Shareholders' Meeting, and until their successors are duly elected and qualified to serve.
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Resources is a publicly owned holding company, the principal shareholders of which are Charles B. Johnson and Rupert H. Johnson, Jr., who own approximately 17.40% and 14.6%, respectively, of its outstanding shares.
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Charles B. Johnson, the Chairman of the Board of the Fund, and Rupert H. Johnson, Jr., a Vice President of the Fund, are brothers.
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Management PRINCIPAL OCCUPATION DURING PAST 5 YEARS: Executive Vice President and Portfolio Manager, Franklin Advisers, Inc.; and officer of other subsidiaries of Franklin Resources, Inc. and of 5 of the investment companies in Franklin Templeton Investments. - ---------------------------------------------------------------------------
------------------------------------------- **CHARLES B. JOHNSON (69) Trustee and Trustee
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These portfolios have a common investment adviser or affiliated investment advisers. **Charles B. Johnson and Rupert H. Johnson are considered interested persons of the Fund under the federal securities laws due to their positions as officers and directors and major shareholders of Franklin Resources, Inc., which is the parent company of the Fund's adviser and distributor.
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Charles B. Johnson
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Officer - Investment Management See Proposal, "Election of Trustees" - ---------------------------------------------------------------------------
-------------------------------------------- **CHARLES B. JOHNSON (69) Trustee and Trustee