FORM OF AMENDMENT TO FUND ADMINISTRATION AGREEMENT

                                     FORM OF
                                  AMENDMENT TO
                          FUND ADMINISTRATION AGREEMENT

         This Amendment dated as of January 1, 2001, is to the Fund
Administration Agreement made as of October 1, 1996 (the "Agreement") by and
between Franklin ▇▇▇▇▇▇▇▇▇ Services, Inc., a U.S. registered investment adviser
and Florida corporation (the "Administrator") and Templeton Global Opportunities
Trust (the "Trust").

                                   WITNESSETH:

     WHEREAS, both Administrator and Trust wish to amend the Agreement;

     WHEREAS, the Administrator merged into FRANKLIN ▇▇▇▇▇▇▇▇▇ SERVICES,  LLC, a
Delaware limited liability company, a successor entity, on January 1, 2001;

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

     1.  Administrator's  name is henceforth to be known as "Franklin  ▇▇▇▇▇▇▇▇▇
Services, LLC."

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

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


                                    FRANKLIN ▇▇▇▇▇▇▇▇▇ SERVICES, LLC


                                    By:_______________________________________
                                            ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
                                            President

                                    TEMPLETON GLOBAL OPPORTUNITIES TRUST


                                    By:_______________________________________
                                            ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
                                            President