]> Press Release - Closed-End Funds - FT Files Annual Report

Franklin Universal Trust Announces Filing of Annual Report

From: Franklin Advisers, Inc.
Contact: Franklin Templeton Fund Information
Telephone:(800) 342-5236

San Mateo, CA, November 6, 2006 -- Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., today announced the filing with the U.S. Securities and Exchange Commission of its Annual Report with audited financial statements on Form N-CSR for the fiscal year ended August 31, 2006.

The Annual Report is available on Franklin Templeton’s website at http://www.franklintempleton.com/retail/jsp_app/products/closed_end_fund_home.jsp.  Shareholders may also request, free-of-charge, a copy of the complete audited financial statements by calling 1-800/DIAL BEN® (1-800-342-5236) or by writing to Franklin Universal Trust at One Franklin Parkway, San Mateo, CA  94403. 

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 and Fiduciary Trust investment teams.  The San Mateo, CA-based company has more than 50 years of investment experience and over $511 billion in assets under management as of September 30, 2006.  For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.