FRANKLIN RESOURCES INC

Ticker: BEN CUSIP: 354613101 Class: COM

EULAV Asset Management's Holding History (CIK: 0001540826)

Note: Option positions (PUT/CALL) are excluded.

Q2 2014

Shares 40,000 Value ($000) $2,314 Avg Close $32.75 Range $30.53 - $34.97

Q1 2014

Shares 40,000 Value ($000) $2,167 Avg Close $32.15 Range $29.81 - $35.16

Q4 2013

Shares 30,000 Value ($000) $1,732 Avg Close $32.13 Range $29.50 - $34.55

Q3 2013

Shares 30,000 Value ($000) $1,516 Avg Close $28.71 Range $26.80 - $32.33

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	40,000	$2,314	$32.75	$30.53 - $34.97
Q1 2014	40,000	$2,167	$32.15	$29.81 - $35.16
Q4 2013	30,000	$1,732	$32.13	$29.50 - $34.55
Q3 2013	30,000	$1,516	$28.71	$26.80 - $32.33