The list includes analysts known by Franklin Resources to follow the company as of February 8, 2013, but may not be complete and may change as firms add or delete coverage. Please note that any opinions, estimates or forecasts regarding Franklin Resources’ performance made by these analysts are theirs alone and do not represent opinions, estimates, forecasts or predictions of Franklin Resources or its management. Franklin Resources does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. Franklin Resources does not distribute information or reports prepared by analysts.