NJBEST 529 College Savings Plan portfolios are managed by Franklin Templeton Investments—one of the nation's largest longest-established investment companies.²

About Franklin Templeton Investments

Franklin Resources, Inc., operating as Franklin Templeton Investments, is a global organization comprising 6 world-class investment management groups. With headquarters just south of San Francisco in San Mateo, California, offices in 29 countries and more than half a century of experience, Franklin Templeton is a recognized leader in international and domestic stock investments, as well as innovative fixed income investments. Today, Franklin Templeton is the nation's fourth-largest mutual fund company.³

Franklin Templeton has been a pioneer in worldwide investing and fundamental securities analysis since 1947. Franklin Templeton manages over $645 billion in assets for a variety of clients as of September 30, 2007.⁴ Its primary business is providing investment management services to mutual funds and other institutional investors and individual clients. Franklin Resources, Inc. is a publicly traded company (NYSE: BEN).

Investors should carefully consider plan investment goals, risks, charges and expenses before investing. To obtain the Investor Handbook, which contains this and other information, call Franklin Templeton Distributors, Inc., the manager and underwriter for the plan, at 1-877/4NJBEST or click here. You should read the Investor Handbook carefully before investing and consider whether your or the beneficiary's home state offers any state tax or other benefits that are only available for investments in its qualified tuition program.

Footnote
1.	Offered and administered by the New Jersey Higher Education Student Assistance Authority (HESAA); managed and distributed by Franklin Templeton Distributors, Inc., an affiliate of Franklin Resources, Inc., which operates as Franklin Templeton Investments. No federal or state guarantee. Principal value may be lost, and investing in the plan does not guarantee admission to college or sufficient funds for college. Please refer to the Investor Handbook for more complete information.
2.	The plan is managed by Franklin Advisers, Inc., an affiliate of Franklin Templeton Distributors, Inc. Plan portfolios generally invest in mutual funds managed by Franklin Advisers, Inc.
3.	Source: Strategic Insight, 09/07.
4.	Source: Assets Under Management report, as of September 30, 2007.
Important Legal Information
Franklin Templeton Distributors, Inc. ("FTDI"), a subsidiary of Franklin Resources, Inc., has been retained by New Jersey Higher Education Student Assistance Authority (HESAA) for a term of 5 years (subject to extension) to provide certain distribution and administrative services for NJBEST, and investment management services for the Franklin Templeton Investment Options offered under the Handbook. FTDI is not responsible for the investment management of the State-Managed Investment Options. FTDI has retained its affiliate Franklin Advisors, Inc., to serve as the Investment Manager for the Franklin Templeton Investment Options.