FORM OF AMENDMENT TO TRANSFER AGENT AGREEMENT

                                     FORM OF
                                  AMENDMENT TO
                            TRANSFER AGENT AGREEMENT


     This  Amendment  dated as of  January  1, 2001,  is to the  Transfer  Agent
Agreement made as of September 3, 1993 and subsequently  amended and restated on
August  10,  1993 and July 1, 1996 (the  "Agreement")  by and  between  Franklin
Xxxxxxxxx  Investor  Services,  Inc., a U.S.  registered  investment adviser and
Florida  corporation (the "Transfer  Agent") and Templeton Global  Opportunities
Trust (the "Trust").

                                   WITNESSETH:

     WHEREAS,  both  Transfer  Agent and Trust wish to amend the Transfer  Agent
Agreement;

     WHEREAS,  the  Transfer  Agent  merged  into  FRANKLIN  XXXXXXXXX  INVESTOR
SERVICES,  LLC, a Delaware limited  liability  company,  a successor  entity, on
January 1, 2001;

     NOW,  THEREFORE,  in consideration of the foregoing  premises,  the parties
hereto agree as follows:

     1. Transfer  Agent's name is henceforth to be known as "Franklin  Xxxxxxxxx
Investor Services, LLC."

     2. All  references to the Transfer Agent being a "Florida  corporation"  in
the Agreement are hereby changed to a "Delaware limited liability company."

     IN WITNESS  WHEREOF,  this  Amendment  has been  executed on behalf of each
party as of the date set forth above.

                                    FRANKLIN XXXXXXXXX INVESTOR SERVICES, LLC


                                    By:_______________________________________
                                            Xxxxx X. Xxx, Xx.
                                            President

                                    TEMPLETON GLOBAL OPPORTUNITIES TRUST


                                    By:_______________________________________
                                            Xxxxxx X. Xxxxxxxx
                                            President