AMENDED AND RESTATED MULTIPLE CLASS PLAN

on behalf of

Templeton Global Investment Trust

This Amended and Restated Multiple Class Plan (the “Plan”) has been adopted unanimously by the Board of Trustees of Templeton Global Investment Trust (the “Investment Company”) for its series, Templeton Global Balanced Fund (formerly known as Templeton Income Fund) (the “Fund”).  The Board has determined that the Plan, including the expense allocation methods among the classes, is in the best interests of each class of the Fund, the Fund and the Investment Company as a whole.  The Plan sets forth the provisions relating to the establishment of multiple classes of shares of the Fund, and supersedes any Plan previously adopted for the Fund.

1.         The Fund shall offer six classes of shares, to be known as Class A Shares, Class A1 Shares (formerly Class A Shares), Class C Shares, Class C1 Shares (formerly Class C Shares), Class R Shares and Advisor Class Shares.

2.         Class A Shares shall carry a front-end sales charge ranging from 0% - 5.75%.  Class A1 Shares shall carry a front-end sales charge ranging from 0% - 4.25%.  Class C Shares, Class C1 Shares and Class R Shares shall not be subject to any front-end sales charges, but shall charge a 12b-1 distribution fee of 1.00%, 0.65% and 0.50%, respectively.  Advisor Class Shares shall not be subject to any front-end sales charges or 12b-1 distribution fee.

3.         Class A Shares and Class A1 Shares shall not be subject to a contingent deferred sales charge (“CDSC”), except in the following limited circumstances.  On investments of $1 million or more, Class A Shares will be subject to a contingent deferred sales charge of 1.00% of the lesser of the then-current net asset value or the original net asset value at the time of purchase applies to redemptions of those investments within the contingency period of 18 months from the calendar month following their purchase.  On investments of $1 million or more, Class A1 Shares will be subject to a contingent deferred sales charge of 0.75% of the lesser of the then-current net asset value or the original net asset value at the time of purchase applies to redemptions of those investments within the contingency period of 18 months from the calendar month following their purchase.  The CDSC for both Class A Shares and Class A1 Shares is waived in certain circumstances, as described in the Fund’s prospectus.

Class C Shares and Class C1 Shares redeemed within 12 months of their purchase, and Class R Shares redeemed within 18 months of their purchase shall be assessed a CDSC of 1.00% on the lesser of the then-current net asset value or the original net asset value at the time of purchase.  The CDSC is waived in certain circumstances as described in the Fund’s prospectus.

Advisor Class Shares shall not be subject to any CDSC.

4.         The distribution plans adopted by the Investment Company pursuant to Rule 12b-1 under the Investment Company Act of 1940, as amended, (the “Rule 12b-1 Plan”) associated with the Class A Shares and the Class A1 Shares may be used to reimburse Franklin/Templeton Distributors, Inc. (the “Distributor”) or others for expenses incurred in the promotion and distribution of the Class A Shares and Class A1 Shares, respectively.  Such expenses include, but are not limited to, the printing of prospectuses and reports used for sales purposes, expenses of preparing and distributing sales literature and related expenses, advertisements, and other distribution-related expenses, as well as any distribution or shareholder servicing fees paid to securities firms or others who provide personal assistance to shareholders in servicing their accounts and have executed a servicing agreement with the Investment Company for the Class A Shares and/or the Class A1 Shares, the Distributor or its affiliates.

The Rule 12b-1 Plan associated with the Class C Shares and Class C1 Shares has two components.  The first component is a shareholder servicing fee, to be paid to securities firms or others who provide personal assistance to shareholders in servicing their accounts and have executed a servicing agreement with the Investment Company for the Class C Shares and Class C1 Sharers, the Distributor or its affiliates.  The second component is an asset-based sales charge to be retained by the Distributor during the first year after the sale of shares and, in subsequent years, to be paid to dealers or retained by the Distributor to be used in the promotion and distribution of Class C Shares and Class C1 Shares, in a manner similar to that described above for Class A Shares.

The Rule 12b-1 Plan associated with the Class R Shares may be used to compensate the Distributor or others for distribution activities and/or for providing shareholder services.  Distribution fees paid under the Rule 12b-1 Plan may be retained by the Distributor to compensate the Distributor for amounts advanced to securities dealers or their firms or others (including retirement plan recordkeepers) with respect to the sale of Class R Shares.  In addition, such distribution fee payments may be retained by the Distributor to be used in the promotion and distribution of Class R Shares in a manner similar to that described above for Class A Shares, or may be paid out to dealers or others (including retirement plan recordkeepers) that perform similar distribution activities.  Shareholder servicing fees may be paid to the Distributor or to securities firms or others (including retirement plan recordkeepers) who have executed a servicing agreement for Class R Shares with the Investment Company, the Distributor or its affiliates as compensation for providing personal assistance to shareholders or beneficial owners in servicing their accounts.

No Rule 12b-1 Plan has been adopted on behalf of the Advisor Class Shares and, therefore, the Advisor Class Shares shall not be subject to deductions relating to 12b-1 fees. 

The Rule 12b-1 Plans for the Class A Shares, Class A1 Shares, Class C Shares, Class C1 Shares and Class R Shares shall operate in accordance with the Conduct Rules of the National Association of Securities Dealers, Inc., or any successor thereto.

5.         The only difference in expenses as between Class A Shares, Class A1 Shares, Class C Shares, Class C1 Shares, Class R Shares and Advisor Class Shares shall relate to differences in Rule 12b-1 plan expenses, as described in the applicable Rule 12b-1 Plans; however, to the extent that the Rule 12b-1 Plan expenses of one Class are the same as the Rule 12b-1 Plan expenses of another Class, such classes shall be subject to the same expenses.

6.         There shall be no conversion features associatedwith the Class A Shares, Class A1 Shares, Class C Shares, Class C1 Shares, Class R Shares and Advisor Class Shares Class A, Class C, Class C1, Class R and Advisor Class Shares.

7.         Class A Shares, Class A1 Shares, Class C Shares, Class C1 Shares, Class R Shares and Advisor Class Shares Class A, Class C, Class C1, Class R and Advisor Class Shares may be exchanged for shares of another investment company within the Franklin Templeton Group of Funds according to the terms and conditions stated in each fund’s prospectus, as it may be amended from time to time, to the extent permitted by the Investment Company Act of 1940 and the rules and regulations adopted thereunder. 

8.         Each class will vote separately with respect to any Rule 12b-1 Plan related to or which now or in the future may affect, that class.

9.         On an ongoing basis, the Board members, pursuant to their fiduciary responsibilities under the Investment Company Act of 1940 and otherwise, will monitor the Fund for the existence of any material conflicts between the interests of the various classes of shares.  The Board members, including a majority of the independent Board members, shall take such action as is reasonably necessary to eliminate any such conflict that may develop.  Templeton Global Advisors Limited and Franklin/Templeton Distributors, Inc. shall be responsible for alerting the Board to any material conflicts that arise.

10.       All material amendments to this Plan must be approved by a majority of the Board members, including a majority of the Board members who are not interested persons of the Investment Company.

11.       I, Robert C. Rosselot, Vice President and Secretary of Templeton Global Investment Trust, do hereby certify that this Multiple Class Plan was adopted on behalf of Templeton Global Balanced Fund, by a majority of the Trustees of the Trust on July 20, 2011.

/s/ROBERT C. ROSSELOT

Robert C. Rosselot

Vice President and Secretary