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<SEC-DOCUMENT>0000869392-02-000245.txt : 20021226
<SEC-HEADER>0000869392-02-000245.hdr.sgml : 20021225
<ACCEPTANCE-DATETIME>20021226112232
ACCESSION NUMBER:		0000869392-02-000245
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20021031
FILED AS OF DATE:		20021226
EFFECTIVENESS DATE:		20021226

FILER:

	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:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05740
		FILM NUMBER:		02868701

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		STREET 2:		MAILSTOP A14
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921000
</SEC-HEADER>
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<TEXT>
<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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080 A000000 FEDERAL/NATIONAL UNION FIRE/GULF INSURANCE CO
080 B000000 ICI MUTUAL INSURANCE COMPANY
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SIGNATURE   MICHAEL T. HEALY
TITLE       MANAGING DIRECTOR


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>certletter.txt
<TEXT>

Certifications

I, Charles E. Porter, a principal financial officer of the funds
listed on Attachment A, certify that:
1. I have reviewed each report on Form N-SAR for the funds
listed on Attachment A:
2. Based on my knowledge, each report does not contain any
untrue statements of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by each report;
3. Based on my knowledge, the financial information included in
each report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrants as of,
and for, the periods presented in each report;
4. Each registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrants and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrants, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
each report  are being prepared;
b) evaluated the effectiveness of  each registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of  each report (the "Evaluation Date"); and
c) presented in  each report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluations as of the Evaluation Date;
5.  Each registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to each
registrants auditors and the audit committee of each registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect  each registrants
ability to record, process, summarize, and report financial data
and have identified for  each registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in  each
registrants internal controls; and



6.  Each registrants other certifying officers and I have
indicated in each report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date:  December 19, 2002
/s/Charles E. Porter
Charles E. Porter
Treasurer and Executive Vice President

Certifications

I, Karnig H. Durgarian, a principal executive officer of the
funds listed on Attachment A, certify that:
1. I have reviewed each report on Form N-SAR for the funds
listed on Attachment A:
2. Based on my knowledge, each report does not contain any
untrue statements of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by each report;
3. Based on my knowledge, the financial information included in
each report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrants as of,
and for, the periods presented in each report;
4. Each registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrants and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrants, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
each report  are being prepared;
b) evaluated the effectiveness of  each registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of  each report (the "Evaluation Date"); and
c) presented in  each report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluations as of the Evaluation Date;
5.  Each registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to each
registrants auditors and the audit committee of each registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect  each registrants
ability to record, process, summarize, and report financial data
and have identified for  each registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in  each
registrants internal controls; and



6.  Each registrants other certifying officers and I have
indicated in each report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date:  December 19, 2002
/s/Karnig H. Durgarian
Karnig H. Durgarian
Principal Executive Officer


Certifications

I, Steven D. Krichmar, a principal financial officer of the
funds listed on Attachment A, certify that:
1. I have reviewed each report on Form N-SAR for the funds
listed on Attachment A:
2. Based on my knowledge, each report does not contain any
untrue statements of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by each report;
3. Based on my knowledge, the financial information included in
each report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrants as of,
and for, the periods presented in each report;
4. Each registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrants and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrants, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
each report  are being prepared;
b) evaluated the effectiveness of  each registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of  each report (the "Evaluation Date"); and
c) presented in  each report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluations as of the Evaluation Date;
5.  Each registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to each
registrants auditors and the audit committee of each registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect  each registrants
ability to record, process, summarize, and report financial data
and have identified for  each registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in  each
registrants internal controls; and



6.  Each registrants other certifying officers and I have
indicated in each report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date:  December 19, 2002
/s/Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer

Attachment A





 The Putnam Fund for Growth & Income
 Putnam Income Fund
 Putnam Global Equity Fund
 Putnam Convertible Income-Growth Fund
 Putnam Global Income Trust
 Putnam Managed Municipal Income Trust
 Putnam Master Income Trust
 Putnam Tax Smart Equity Fund
 Putnam Utilities Growth & Income Fund
 Putnam Municipal Bond Fund
 Putnam California Investment Grade Municipal Trust
 Putnam New York Investment Grade Municipal Trust
 Putnam Growth fund
 Putnam Capital Opportunities Fund
 Putnam Mid Cap Value Fund
 Putnam Municipal Opportunities Trust
 Putnam Balanced Retirement  Fund




</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>certattacha.txt
<TEXT>
Attachment A





 The Putnam Fund for Growth & Income
 Putnam Income Fund
 Putnam Global Equity Fund
 Putnam Convertible Income-Growth Fund
 Putnam Global Income Trust
 Putnam Managed Municipal Income Trust
 Putnam Master Income Trust
 Putnam Tax Smart Equity Fund
 Putnam Utilities Growth & Income Fund
 Putnam Municipal Bond Fund
 Putnam California Investment Grade Municipal Trust
 Putnam New York Investment Grade Municipal Trust
 Putnam Growth fund
 Putnam Capital Opportunities Fund
 Putnam Mid Cap Value Fund
 Putnam Municipal Opportunities Trust
 Putnam Balanced Retirement  Fund



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>manmuni052audltr.txt
<TEXT>





The Board of Trustees and Shareholders
Putnam Managed Municipal Income Trust

In planning and performing our audit of the financial statements of
Putnam Managed Municipal Income Trust, for the year ended October
31, 2002, we considered its internal control, including control
activities for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of
Form N-SAR, not to provide assurance on internal control.

The management of Putnam Managed Municipal Income Trust is
responsible for establishing and maintaining internal control.  In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related
costs of controls. Generally, controls that are relevant to an
audit pertain to the entitys objective of preparing financial
statements for external purposes that are fairly presented in
conformity with accounting principles generally accepted in the
United States of America.  Those controls include the safeguarding
of assets against unauthorized acquisition, use, or disposition.

Because of inherent limitations in internal control, error or fraud
may occur and not be detected.  Also, projection of any evaluation
of internal control to future periods is subject to the risk that
it may become inadequate because of changes in conditions or that
the effectiveness of the design and operation may deteriorate.

Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American Institute of
Certified Public Accountants.  A material weakness is a condition
in which the design or operation of one or more of the internal
control components does not reduce to a relatively low level the
risk that misstatements caused by error or fraud in amounts that
would be material in relation to the financial statements being
audited may occur and not be detected within a timely period by
employees in the normal course of performing their assigned
functions.  However, we noted no matters involving internal control
and its operation, including controls for safeguarding securities,
which we consider to be material weaknesses as defined above as of
October 31, 2002.

This report is intended solely for the information and use of
management and the Board of Trustees of the Putnam Managed
Municipal Income Trust and the Securities and Exchange Commission
and is not intended to be and should not be used by anyone other
than these specified parties.

KPMG
Boston, Massachusetts
December 5, 2002

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
