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 April 30, 2003, 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 Xxxxxxxxx
Investment Counsel, LLC, a U.S. registered investment adviser and Delaware
limited liability company (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:/s/XXXXX X. XXXXXXX
----------------------------
Xxxxx X. Xxxxxxx
Vice President
XXXXXXXXX INVESTMENT COUNSEL, LLC
By:/s/XXXXXXX X. XXXXXXX
-----------------------------
Xxxxxxx X. XxXxxxx
Executive Vice President
