The energy of a graph is defined as the sum of the absolute values of all e
igenvalues of the graph. In [5] Gutman (J. Math. Chem.1 (1987) 123-143) pro
poses two conjectures about the minimum of the energy of conjugated trees (
trees with a perfect matching). This paper mathematically verifies the two
conjectures. In addition, trees with the second and the third smallest ener
gies are also discussed. (C) 1999 Published by Elsevier Science B.V. All ri
ghts reserved.