SOURCE: Franklin Templeton

Franklin Templeton

December 02, 2010 13:42 ET

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

FORT LAUDERDALE, FL--(Marketwire - December 2, 2010) -  Templeton Russia and East European Fund, Inc. (NYSE: TRF) today announced a year-end distribution from long-term capital gains of $0.105 per share, payable on December 28, 2010 to shareholders of record on December 13, 2010 (Ex-Dividend Date: December 9, 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 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.

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