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

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

Fort Lauderdale, Florida, August 26, 2016. Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution of $1.5489, comprised of net investment income of $0.2874 per share and long-term capital gains distribution of $1.2615 per share, payable on September 26, 2016 to shareholders of record on September 12, 2016 (Ex-Dividend Date: September 8, 2016).

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 180 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 $739 billion in assets under management as of July 31, 2016. For more information, please visit franklintempleton.com.