]> Press Release - Closed-End Funds - FT Declares Monthly Dividend
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Franklin Universal Trust Declares Monthly Dividend

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

San Mateo, CA, April 19, 2010 -- Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., announced today a dividend of $0.038 per share, payable May 14, 2010, to shareholders of record on April 30, 2010 (Ex-Dividend Date: April 28, 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 $586 billion in assets under management as of March 31, 2010. For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.