Franklin Templeton Group
777 Mariners Island Boulevard
San Mateo, California 94404
December 3, 1996
Filed Via EDGAR (CIK #0000856119)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: FRANKLIN VALUE INVESTORS TRUST
FILE NOS. 033-31326 and 811-5878
Ladies/Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, this is to certify
that the form of Prospectuses and Statements of Additional Information that
would have been filed under Rule 497(c) does not differ from that contained in
Post-Effective Amendment No. 14 to the Registration Statement on Form N-1A,
which was filed electronically with the Securities and Exchange Commission on
November 29, 1996.
Sincerely,
FRANKLIN VALUE INVESTORS TRUST
By /s/ Larry L. Greene
Senior Corporate Counsel
LLG:vs