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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000928816-08-001361.txt : 20081103
<SEC-HEADER>0000928816-08-001361.hdr.sgml : 20081103
<ACCEPTANCE-DATETIME>20081103165950
ACCESSION NUMBER:		0000928816-08-001361
CONFORMED SUBMISSION TYPE:	N-23C-2
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081103
FILED AS OF DATE:		20081103
DATE AS OF CHANGE:		20081103
EFFECTIVENESS DATE:		20081103

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:		N-23C-2
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-01076
		FILM NUMBER:		081158189

	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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<TYPE>N-23C-2
<SEQUENCE>1
<FILENAME>a_mgdmunin23c2.htm
<DESCRIPTION>PUTNAM MANAGED MUNICIPAL INCOME TRUST
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<B><FONT size=2 face="serif">Securities and Exchange Commission</FONT></B>
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<B><FONT size=2 face="serif">Washington, DC 20549</FONT></B>
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<B><FONT size=2 face="serif">Notification of Redemption of Securities Pursuant to Rule 23c-2</FONT></B>&nbsp;
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<B><FONT size=2 face="serif">Under the Investment Company Act of 1940</FONT></B>
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<B><FONT size=2 face="serif">Putnam Managed Municipal Income Trust</FONT></B>
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<B><FONT size=2 face="serif">One Post Office Square, Boston, Massachusetts 02109</FONT></B>&nbsp;
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<B><FONT size=2 face="serif">Securities Act File No. 333-145143</FONT></B>
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<B><FONT size=2 face="serif">Investment Company Act File No. 811-5740</FONT></B>
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<FONT size=2 face="serif">The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission (the "Commission") that it intends to redeem securities of which it is the issuer, as set forth below in
accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended.</FONT></P>
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<FONT size=2 face="serif">(1) Title of the class of Securities to be redeemed:</FONT></P>
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<FONT size=2 face="serif">Remarketed Preferred Shares ("RP"), without par value, liquidation preference of &#36;100,000 per share, Series B.</FONT></P>
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<FONT size=2 face="serif">(2) Date on which the securities may be called or redeemed:</FONT></P>
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<FONT size=2 face="serif">The RP will be redeemed on December 10, 2008.</FONT></P>
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<FONT size=2 face="serif">(3) Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:</FONT></P>
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<FONT size=2 face="serif">RP are to be redeemed in accordance with Article 12, Section 12.1, Part I, paragraph 4 of the Bylaws of Putnam Managed Municipal Income Trust, as amended.</FONT></P>
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<FONT size=2 face="serif">(4) The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:</FONT></P>
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<FONT size=2 face="serif">Putnam Managed Municipal Income Trust intends to redeem 495 outstanding shares of Series B RP, which such shares constitute all outstanding shares of Series B RP.</FONT></P>

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<P align=left><FONT face=serif size=2>Pursuant to the requirements of Rule 23c-2, Putnam Managed Municipal Income Trust has duly caused this Notification of Redemption of Securities pursuant to Rule 23c-2 under the Investment Company Act of 1940 to be signed on its behalf by the undersigned thereto duly authorized in the Commonwealth of Massachusetts on this 3rd day of November, 2008.</FONT></P>
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     <TD noWrap align=left colSpan=3><FONT face=serif size=2>Putnam Managed Municipal Income Trust</FONT>&nbsp; </TD></TR>
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     <TD colSpan=3>&nbsp; </TD></TR>
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     <TD noWrap align=left><FONT face=serif size=2>By: </FONT></TD>
     <TD noWrap align=left colSpan=2><U><FONT face=serif size=2><U><FONT face=serif size=2>/s/</FONT></U>&nbsp; Jonathan S. Horwitz&nbsp;</FONT></U> </TD></TR>
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     <TD noWrap align=left colSpan=2><FONT face=serif size=2>Name: Jonathan S. Horwitz</FONT>&nbsp;&nbsp;&nbsp;</TD></TR>
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     <TD noWrap align=left colSpan=2><FONT face=serif size=2>Title: Senior Vice President and</FONT>&nbsp;&nbsp;&nbsp;</TD></TR>
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     <TD noWrap align=left>&nbsp; </TD>
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     <TD noWrap align=left><FONT face=serif size=2>Treasurer</FONT>&nbsp;&nbsp;&nbsp;</TD></TR>
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