Franklin Templeton Returns as Title Sponsor of Greg Norman’s PGA TOUR Event

Tournament Back in Naples for 11th Year December 7-11

NAPLES, Fla. – Franklin Templeton and tournament host Greg Norman announced today an agreement in which Franklin Templeton Investments will be the title sponsor of Southwest Florida’s PGA TOUR event. The agreement covers the 2011 and 2012 events.

The Shootout, which has been a mainstay on the TOUR for 22 years, will return to Naples for an 11th year December 7-11 at Tiburon Golf Club at The Ritz-Carlton Golf Resort. The event raises funds and awareness for a variety of local and national charities.

Franklin Templeton was the title sponsor of the Shootout from 1992 through 2005 and has been a corporate partner since the Shootout’s inception.

"We are pleased to continue our association with the Shootout as title sponsor,” said Greg Johnson, president and CEO of Franklin Resources, Inc.  “This event features some of the golf world's best players, demonstrating skill that comes from discipline, experience and persistence – values we embrace in our business. But first and foremost, this is a charity event, and we are very happy to support the worthy causes that will benefit from the Franklin Templeton Shootout."

“Through the years, Franklin Templeton has been a tremendous friend and partner of this tournament,” added Greg Norman.

“Their involvement has spanned more than 20 years and we’re excited to have them return as the title sponsor.  We are glad to be fully aligned with this great company once again as we head into the future.”

Throughout its history, the Shootout has included many of golf’s greatest players. The field will consist of 24 professionals paired into 12 two-man teams. Widely regarded as the PGA TOUR’s premier post-season event, the Franklin Templeton Shootout will once again feature a modified alternate-shot format during the first round, a better ball Saturday and a final-round scramble. This year, Golf Channel will televise Friday and NBC will broadcast the weekend competition.

For the latest Franklin Templeton Shootout news and information, please visit the official tournament website at www.franklintempletonshootout.com.

About Franklin Templeton Investments
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams. The San Mateo, CA-based company has more than 60 years of investment experience and over $747 billion in assets under management as of July 31, 2011. For more information, visit franklintempleton.com.

About Tiburón Golf Club
Tiburón Golf Club, a WCI managed facility, featuring two Greg Norman-designed golf courses, was carved from 800 acres of prime southwest Florida real estate. The courses reflect Norman’s appreciation for pristine natural settings and his passion for great golf. The Black and The Gold courses contain a combination of stacked sod-wall bunkers and tricky coquina waste bunkers. Certified as an Audubon Cooperative Sanctuary by Audubon International, Tiburón reflects a strong commitment to enhancing and protecting the natural resources.

About The Ritz-Carlton Golf Resort, Naples
The AAA Five Diamond Ritz-Carlton Golf Resort, Naples is renowned for its outstanding service, incredible cuisine and luxurious accommodations with panoramic views. The 295-room Mediterranean-style resort, ranked as the top golf resort in Florida by Golf Digest (October 2009), is home to a pair of 18-hole signature Greg Norman golf courses at Tiburón. The Tiburón Golf Course complex is complete with the Rick Smith Golf Academy, recognized as one of the top academies in the country.

About Greg Norman Production Company
The Greg Norman Production Company (GNPC), a subsidiary of Great White Shark Enterprises, is devoted to event management and sports marketing. The GNPC is proud to operate the PGA TOUR-sanctioned Mayakoba Golf Classic and Franklin Templeton Shootout, GolfPARatodos, Three Friends: One Goal, Greg Norman Estates events and many other corporate and special events. The GNPC prides itself on producing events and marketing initiatives that not only reflect the discerning standards of its namesake, but of its clients as well.