June 13, 2013

U.S. Securities & Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Re:	Vanguard Valley Forge Funds (the “Trust”); File No. 33-48863
Commissioners:
Pursuant to Rule 497(e) under the Securities Act of 1933, we hereby file exhibits containing
interactive data format risk/return summary information that reflects the risk/return summary
information in the supplement dated June 3, 2013, filed pursuant to Rule 497(e), for the Vanguard
Managed Payout Funds, series of the above mentioned Trust.
If you have any questions or comments concerning the foregoing, please contact me at
(610) 669-1538.
Sincerely,
Judith L. Gaines
Associate Counsel
The Vanguard Group, Inc.
Enclosures
cc: Amy Miller, Esq.
U. S. Securities and Exchange Commission