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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 HC1zE3MDse966KQkVXJalg==

<SEC-DOCUMENT>0001200520-02-000008.txt : 20021218
<SEC-HEADER>0001200520-02-000008.hdr.sgml : 20021218
<ACCEPTANCE-DATETIME>20021218105923
ACCESSION NUMBER:		0001200520-02-000008
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20021218
FILED AS OF DATE:		20021218

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEACHER STEPHEN
		CENTRAL INDEX KEY:			0001200520
		RELATIONSHIP:				OFFICER

	FILING VALUES:
		FORM TYPE:		3

	MAIL ADDRESS:	
		STREET 1:		PUTNAM LLC
		STREET 2:		ONE POST OFFICE SQUARE L5
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM MANAGED MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0000844790
		IRS NUMBER:				046608976
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05740
		FILM NUMBER:		02861144

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		STREET 2:		MAILSTOP A14
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921000
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>stpmm.txt
<TEXT>

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
																OMB APPROVAL
														OMB Number:		3235-0287
														Estimated average burden of
														Hours per response:	0.5

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section
30(f) of the Investment Company Act of 1940.

1.	Name and Address of Reporting Person(s):

		Stephen Peacher
		Putnam, LLC
		One Post Office Square
		Boston, Massachusetts

2.	Date of Event Requiring Statement: 12/18/2002 [correcting form]

3.	I.R.S. Identification Number of Reporting Person, if an entity
(Voluntary):

4.  Issuer Name and Ticker or Trading Symbol:

Putnam Managed Municipal Income Trust [PMM]

5.	Relationship of Reporting Person(s) to Issuer (Check all applicable):

(  )	Director									(	)	10% Owner
( x)	Officer (give officer title below)  	( 	)	Other (specify below)

		Managing Director of Putnam, LLC

6.	If Amendment, Date of Original: Month/Day/Year

7.	Individual or Joint/Group Filing (Check applicable line):

(x)	Form filed by One			( )		Form filed by More than One
		Reporting Person					Reporting Person

Table I:	Non-Derivative Securities Acquired, Disposed of, or Beneficially
Owned

1.	Title of Security (Instr. 3):  Closed-end fund:
Putnam Managed Municipal Income Trust

2.	Amount of Securities Beneficially Owned (Instr. 4):		N/A

3.	Ownership Form:  Direct (D) or Indirect (I) (Instr. 5):

4.	Nature of Indirect Beneficial Ownership (Instr. 5)

(Page 1 of 2 Pages)



Table II:	 Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)

1.	Title of Derivative Security (Instr. 4):	N/A

2.	Date Exercisable and Expiration Date (Month/Day/Year):
		Date Exercisable:			Expiration Date:

3.	Title and Amount of Securities Underlying Derivative Security (Instr.
4):
		Title:					Amount or Number of Shares:

4.	Conversion or Exercise Price of Derivative Security:

5.	Ownership Form of Derivative Security:  Direct (D) or Indirect (I)
(Instr. 5):

6.	Nature of Indirect Beneficial Ownership (Instr. 5):

Explanation of Responses:




- -----------------------------------------------------

Signed on behalf of the above Officer pursuant to the attached
Confirming Statement.


By:  	Andrew J. Hachey
Vice President
 Putnam Investments Legal and Compliance Department


Date:	December 18, 2002





 (Page 2 of 2 Pages)

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.14 OTH CONSENT
<SEQUENCE>3
<FILENAME>stsign.txt
<DESCRIPTION>CONFIRMING STATEMENT
<TEXT>


Confirming Statement

I, as Reporting Person of Putnam Investment Management, LLC and/or
Putnam, LLC, the Issuer's Investment Adviser and Indirect Parent
Holding Company, respectively, hereby authorize and designate each and
every Managing Director, Senior Vice President and Vice President in
the Putnam Investments Legal and Compliance Department to file SEC
Exchange Act Forms 3, 4 or 5 on my behalf until further notice in
electronic format pursuant to Rule 101(b)(4) of Regulation S-T.

- ---------------------------

/s/  Stephen Peacher

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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