Franklin Value Investors Trust DEFA14A Additional proxy soliciting materials

 SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

(Amendment No. __)

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Filed by a Party other than the Registrant [  ]

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[  ] Preliminary Proxy Statement

[  ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

[  ] Definitive Proxy Statement

[X] Definitive Additional Materials

[  ] Soliciting Material Pursuant to Sec. 240.14a-12

FRANKLIN VALUE INVESTORS TRUST

(Name of Registrant as Specified In Its Charter)

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[  ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

1. Title of each class of securities to which transaction applies:

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3. Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

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[  ] Fee paid previously with preliminary proxy materials.

[  ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

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Dear First Name Last Name,

You are receiving this email because you have elected to receive Proxy Materials via electronic delivery. To vote, please sign into your account at franklintempleton.com and select "Vote My Proxy" from the "I AM HERE TO" menu.

Proxy Materials are available for the following shareholders' meeting:

· Special Meeting of Shareholders of Franklin MidCap Value Fund

· Meeting Date: October 27, 2017

· For shareholders as of July 21, 2017

HOW TO VOTE:

Because electronic Proxy Materials do not include a proxy card that you can mail in, you will need to cast your vote through the Internet or by touchtone telephone using the CONTROL NUMBER(S) below.

· To vote with a live agent or for questions, call 866-796-6899.

· To vote through the Internet, sign in to your online account and follow the on-screen instructions.

· To vote by touchtone telephone, call 888-227-9349, and follow the recorded instructions.

Franklin MidCap Value Fund

CONTROL NUMBER:CONTROL NUMBER: CONTROL NUMBER: 133111744822133112088037 133111832250   

ADDITIONAL INFORMATION:To access the electronic Proxy Materials, you may need Adobe Acrobat Reader software. This software is available for download at no cost at http://www.adobe.com Downloading time may be slow. To request a paper copy of Proxy Materials relating to this proxy, please call 866-796-6899. There is no charge to you for requesting a paper copy. Please make your request for a copy on or before October 17, 2017 to facilitate timely delivery of the materials.

Thank you for choosing eDelivery. We look forward to serving your investment needs in years to come.

Best regards,Franklin Templeton Investor Services, LLC

Ian McCoySenior Vice President

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