AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT

                                  AMENDMENT TO
                         INVESTMENT MANAGEMENT AGREEMENT

         This Amendment dated as of April 30, 2003, is to the Investment
Management Agreement made as of the 3rd day of December, 2002 (the "Agreement")
by and between Franklin Xxxxxxxxx Asset Strategies, LLC, a U.S. registered
investment adviser and Delaware limited liability company (the "Manager") and
Templeton Global Investment Trust (the "Trust") on behalf of Franklin Xxxxxxxxx
Non-U.S. Dynamic Core Equity Fund.

                                   WITNESSETH:

         WHEREAS, both the Manager and the Trust 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

                               TEMPLETON GLOBAL INVESTMENT TRUST


                               By:/s/XXXXX X. XXXX
                                  ---------------------------------------------
                                  Xxxxx X. Xxxx
                                  Vice President and Assistant Secretary