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26-May-00 Securities & Exchange Commission 450 5th Street, N.W. Washington, D.C. 20549 RE: Form N-SAR Gentlemen: Pursuant to Section 30(a) of the Investment Company Act of 1940 and Rule 30a-1, please find Franklin Managed Trust Form N-SAR as of March 31, 2000. Should you have any questions, please call me at (916)463-5166. Thank you. Sincerely, FRANKLIN MANAGED TRUST S\MELINDA HUYNH Melinda Huynh Fund Accounting Manager
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