Templeton Dragon Fund, Inc. (“TDF”) Announces Distribution

From Franklin Resources, Inc.
contact Franklin Templeton Investments
Telephone (800) 342-5236

Fort Lauderdale, Florida, August 29, 2014. Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution of $0.6351, comprised of net investment income of $0.0238 per share, short-term capital gains distribution of $0.0026 per share and long-term capital gains distribution of $0.6087 per share, payable on September 26, 2014, to shareholders of record on September 12, 2014 (Ex-Dividend Date: September 10, 2014).

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, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA–based company has more than 65 years of investment experience and over $907 billion in assets under management as of July 31, 2014. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.