Franklin Resources Inc - Mar 12, 2021 Form 3 Insider Report for Clarion Partners Real Estate Income Fund Inc. (N/A)

Role: Affiliate of Investment Adv., 10%+ Owner
Signature: /s/ Lori A. Weber, Assistant Secretary of Franklin Resources, Inc., on behalf of Franklin Resources, Inc. and its affiliates
Stock symbol: N/A
Transactions as of: Mar 12, 2021
Transactions value $: $0
Form type: 3
Date filed: 8/5/2021, 08:58 AM
Next filing: Aug 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	N/A	Common Stock						5.15M	Mar 12, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Franklin Resources, Inc.("FRI") owns 5,148,181.467 shares in the aggregate among four share classes. Specifically, FRI owns 5,223.242Shares of Class S Shares, 5,232.408 Shares of Class T Shares, 5,250.651 Shares of Class D Shares and 5,132,475.166 Shares of Class I Shares.
F2	See Exhibits 99-1 and 99-2 for text of footnote, which Exhibits are incorporated by reference herein.