Stiles and Franklin Templeton Announce the Completed Transaction of 300 Las Olas Place in Downtown Fort Lauderdale

** 102,246-Square-Foot Class A Office/Retail Tower 98% Leased at Time of SaleFort Lauderdale, FL. – December 21, 2010 – Stiles and Franklin Resources, Inc. (NYSE:BEN) jointly announced today that they have completed a transaction involving the sale of Stiles’ former headquarters, 300 Las Olas Place, a 102,246-square-foot office tower located at 300 SE Second Place in downtown Fort Lauderdale. The buyer, Franklin Templeton Companies, LLC, a subsidiary of Franklin Resources, the global investment management organization known as Franklin Templeton Investments, acquired the property for