Franklin Universal Trust Reports Asset Allocation


SAN MATEO, CA--(Marketwire - March 1, 2010) -  Franklin Universal Trust (NYSE: FT), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE closing price as of January 31, 2010.

Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management 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 approximately $548 billion in assets under management as of January 31, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

Contact Information:

Contact:
Franklin Templeton Investments
Shareholders/Financial Advisors:
(800) 342-5236