Franklin Templeton Limited Duration Income Trust Reports Asset Allocation

From Franklin Advisers, Inc.
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San Mateo, CA, June 1, 2010 -- Franklin Templeton Limited Duration Income Trust [NYSE Amex:FTF], a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of April 30, 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 over $602 billion in assets under management as of April 30, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.

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