FORM OF AMENDMENT TO SUBADVISORY AGREEMENT Templeton Global Investment Trust (on behalf of Franklin Templeton Non-U.S. Dynamic Core Equity Fund)

                              FORM OF AMENDMENT TO
                              SUBADVISORY AGREEMENT
                        Templeton Global Investment Trust
       (on behalf of Franklin Xxxxxxxxx Non-U.S. Dynamic Core Equity Fund)

     This Amendment dated as of              , is to the Subadvisory Agreement
made as of the 25th day of February, 2003 (the  "Agreement") by and between
Franklin Xxxxxxxxx Asset Strategies, LLC, a U.S. registered investment adviser
and Delaware limited liability  company (the "Manager") and Fiduciary Trust
Company International, a New York corporation (the "Subadvisor").

                                   WITNESSETH:

     WHEREAS, both the Manager and the Subadvisor wish to amend the Agreement;

     WHEREAS, the Manager merged into FRANKLIN XXXXXXXXX ALTERNATIVE STRATEGIES,
INC., a Delaware corporation, a successor entity, on April 30, 2003;

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

     1. The Manager's name is henceforth to be known as "Franklin  Xxxxxxxxx
        Alternative Strategies, Inc."

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

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

                          FRANKLIN XXXXXXXXX ALTERNATIVE STRATEGIES, INC.


                          By:__________________________________
                             Xxxxx X. Xxxxxxx
                             Vice President

                          FIDUCIARY TRUST COMPANY INTERNATIONAL


                          By:__________________________________
                             Xxxxxxx X. Xxx
                             President