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

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

Fort Lauderdale, Florida, September 9, 2015. Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a revision to the distribution rate previously announced on August 28, 2015. The revised total distribution per share is $2.2828, comprised of net investment income of $0.4893 per share and a long-term capital gains distribution of $1.7935 per share, payable on September 25, 2015 to shareholders of record on September 11, 2015 (Ex-Dividend Date: September 9, 2015).

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 to retail, institutional and sovereign wealth clients in over 150 countries. Through specialized teams, the company has expertise across all asset classes — including equity, fixed income, alternative and custom solutions. The company’s more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and over $854 billion in assets under management as of July 31, 2015. For more information, please visit franklintempleton.com.