]> Templeton Dragon Fund, Inc. Confirms Filing Of Annual Report

Templeton Dragon Fund, Inc. Confirms Filing Of Annual Report

From: Franklin Templeton Investments
Contact: Franklin Templeton Investments
Telephone:(800) 342-5236

Fort Lauderdale, Florida, March 6, 2007.  Templeton Dragon Fund, Inc. (NYSE: TDF), which trades on the New York Stock Exchange, today announced that it has filed with the U.S. Securities and Exchange Commission (“SEC”) its Annual Report with audited financial statements on Form N-CSR for the fiscal year ended December 31, 2006.

Additionally, this report will be available on-line at: www.franklintempleton.com/retail/jsp_app/products/closed_end_fund_home.jsp as soon as reasonably practical after it is electronically filed with the SEC.  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 the Fund at 100 Fountain Parkway, St. Petersburg, FL 33716.

The Fund’s investment manager, Templeton Asset Management Ltd., is an indirect, wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment 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 $561 billion in assets under management as of January 31, 2007. For more information, please call 1-800/DIAL BEN® (1-800-342-5236) or visit franklintempleton.com.