Rule 10f-3 Transaction Exhibit
Nuveen Municipal Value Fund, Inc.
FILE #811-5120
ATTACHMENT 77O

TRADE DATE
DESCRIPTION OF SECURITY/ISSUER
ISSUE SIZE
AMOUNT PURCHASED
LIST OF UNDERWRITERS
NAME OF AFFILIATED BROKER-DEALER
5/21/08
Massachusetts Health and Educational Facilities Authority Revenue Bonds
$371,235,000
$482,530.00
Citigroup Global Markets Inc.
Morgan Stanley & Co. Incorporated
Merrill Lynch & Co.
Merrill Lynch, Pierce, Fenner & Smith Incorporated