RUBIN--Leonard. The Board of Directors of the Franklin Managed Trust and the Franklin Value Investors Trust wish to mark the passing of our beloved and long-time fellow director, Leonard Rubin, and to extend our most heartfelt condolences to his wife, Syril, his children, grandchildren and great-grandchild. His sage advice and calm demeanor helped shape our deliberations over the years. We will miss his intellect, his kindness, his wisdom and most of all, his friendship. Frank T. Crohn Burton J. Greenwald William J. Lippman Charles Rubens II Robert E. Wade
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Published in The New York Times from Jan. 30 to Jan. 31, 2007