Templeton Dragon Fund, Inc. ("TDF") Announces Distribution


FORT LAUDERDALE, FL--(Marketwire - December 2, 2010) - Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution of $0.5283, comprised of net investment income of $0.1981 per share, short-term capital gains distribution of $0.0327 per share and long-term capital gains distribution of $0.2975 per share, payable on December 31, 2010 to shareholders of record on December 16, 2010 (Ex-Dividend Date: December 14, 2010).

The Fund's investment manager, Templeton Asset Management Ltd., is an indirect, 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 over $664 billion in assets under management as of October 31, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

Contact Information:

For more information, please contact:
Franklin Templeton Investments
1-800-342-5236