SEC Form SC 13D filed by Templeton Dragon Fund Inc.

The principal executive offices of the Fund are located at:

Templeton Dragon Fund, Inc.

c/o Franklin Templeton Investments

300 S.E. 2nd Street

Fort Lauderdale, FL 33301

(a). This statement is being filed by City of London Investment Management Company Limited (“CLIM” or the “Reporting Person”). CLIM is a fund manager, which specializes in investing in closed-end investment companies and is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. CLIM is controlled by City of London Investment Group plc (“CLIG”), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between CLIM and CLIG such that voting and investment power over the subject securities is exercised by CLIM independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between CLIM and CLIG.

(b). The business address and principal executive offices of CLIM are 77 Gracechurch Street London, EC3V 0AS England. The directors and executive officers of CLIM, their business addresses and present principal occupation or employment are set forth on Annex A attached.

(c). CLIM is primarily an emerging markets fund manager, which specializes in investing in closed-end investment companies and is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940.

CLIM is principally engaged in the business of providing investment advisory services to various public and private investment funds, including: Emerging (BMI) Markets Country Fund (“BMI”), a private investment fund organized as a Delaware business trust; Emerging Markets Free Fund (“CF”), a private investment fund organized as a Delaware business trust; Emerging Markets Global Fund (“CG”), a private investment fund organized as a Delaware business trust; China “A” Share (CEF) Fund (“CHINA”), a private investment fund organized as a Delaware business trust; Emerging Markets Investable Fund (“CI”), a private investment fund organized as a Delaware business trust; Global Emerging Markets Fund (“EUREKA”), a private investment fund organized as a Delaware business trust; The Emerging World Fund (“EWF”), a Dublin, Ireland-listed open-ended investment company; Emerging Free Markets Country Fund (“FREE”), a private investment fund organized as a Delaware business trust; Emerging Markets Country Fund (“GBL”), a private investment fund organized as a Delaware business trust; The EM Plus CEF Fund (“PLUS”), a private investment fund organized as a Delaware business trust; The EM Special Situations CEF Focused Fund (“UNIQUE”), a private investment fund organized as a Delaware business trust and unaffiliated third-party segregated accounts over which CLIM exercises discretionary voting and investment authority (the “Segregated Accounts”).

BMI, CF, CG, CHINA, CI, EUREKA, EWF, FREE, BGL, PLUS, and UNIQUE are collectively referred to herein as the “City of London Funds.”

The Shares to which this Schedule 13D relates are owned directly by the City of London Funds and the Segregated Accounts.

(d). The Reporting Person has not, during the last five years, been convicted in any criminal proceeding.

(e). The Reporting Person has not, during the last five years, been a party to any civil proceeding commenced before a judicial or administrative body of competent jurisdiction as a result of which it or he was or is now subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f). City of London Investment Management Company Limited (CLIM) is a company incorporated under the laws of England and Wales.