Form N-SAR, Sub-Item 77q1(e) Any new or amended investment advisory contracts Nuveen Municipal Value Fund, Inc. 33-13465, 811-05120 We hereby incorporate by reference the form of the new Investment Management Agreement filed in Proxy materials in the...

Form N-SAR, Sub-Item 77q1(e)
Any new or amended investment advisory
contracts

Nuveen Municipal Value Fund, Inc.
33-13465, 811-05120

We hereby incorporate by reference the form
of the new Investment Management Agreement
filed in Proxy materials in the SEC filing on August
22, 2007, under Conformed Submission Type DEF
14A, accession number 0000950137-07-012862.