Templeton Global Growth Fund Limited

Investment Manager

The Investment Manager of the Company’s investment portfolio is Franklin Templeton Investments Australia Ltd ("FTIA") a wholly owned subsidiary of Franklin Resources, Inc. [NYSE: BEN], a large global investment organisation operating as Franklin Templeton Investments. Franklin Templeton Investments offers investment choices under the Franklin, Templeton, Mutual Series and Darby names and manages mutual funds and other investment vehicles for individuals, institutions, pension plans, trust and partnerships. The San Mateo, California-based company has over 60 years of investment experience and operates in over 30 countries around the world.

The Company’s investment portfolio is managed in accordance with the investment philosophy of the Templeton Global Equities Group (“Templeton”) part of the Franklin Templeton Investments group. Templeton is one of the pioneers in global investing and its successful investment philosophy has been refined over more than 50 years. The Templeton investment process endeavours to identify undervalued securities through fundamental company analysis, using a global industry focus and a long term investment horizon.

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