Franklin Templeton Group
777 Mariners Island Boulevard
San Mateo, California 94404
November 12, 1996
Filed Via EDGAR (CIK #0000837274)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: FRANKLIN VALUEMARK FUNDS
File Nos. 33-23493 and 811-5583
Ladies/Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, this is to certify
that the forms of Prospectus and Statement of Additional Information that
would have been filed under Rule 497(c) do not differ from those contained in
Post-Effective Amendment No. 21 to the Registration Statement on Form N-1A,
which was filed electronically with the Securities and Exchange Commission on
October 31, 1996.
Sincerely,
FRANKLIN VALUEMARK FUNDS
By /s/ Karen L. Skidmore
Senior Corporate Counsel