<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>masterint074cert.txt
<TEXT>
The registrants principal executive officer and principal
financial
officers have concluded, based on their evaluation of the
effectiveness of
the design and operation of the registrants disclosure controls
and
procedures as of a date within 90 days of the filing date of
this report on
Form N-SAR, that the design and operation of such procedures are
effective
to provide reasonable assurance that information required to be
disclosed by
the investment company in the reports that it files or submits
under the
Securities Exchange Act of 1934 is recorded, processed,
summarized, and
reported within the time periods specified in the Commissions
rules and
forms.

There have been no significant changes in the registrants
internal controls
or in other factors that could significantly affect these
controls subsequent to the date of their evaluation.

Certifications

I, Charles E. Porter, principal financial officer of Putnam
Master Intermediate Income Fund, certify that:
1. I have reviewed this report on Form N-SAR of Putnam Master
Intermediate Income Fund:
2. Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial information included in
this report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of,
and for, the periods presented in this report;
4. The registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrant and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrant, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
this report is being prepared;
b) evaluated the effectiveness of the registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this report (the "Evaluation Date"); and
c) presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;
5. The registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to the
registrants auditors and the audit committee of the registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrants
ability to record, process, summarize, and report financial data
and have identified for the registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in the
registrants internal controls; and



6. The registrants other certifying officers and I have
indicated in this report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date: November 22, 2002
/s/ Charles E. Porter
Charles E. Porter
Treasurer and Executive Vice President
Principal Financial Officer

Certifications

I, Steven D. Krichmar, principal financial officer of Putnam
Master Intermediate Income Fund, certify that:
1. I have reviewed this report on Form N-SAR of Putnam Master
Intermediate Income Fund:
2. Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial information included in
this report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of,
and for, the periods presented in this report;
4. The registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrant and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrant, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
this report is being prepared;
b) evaluated the effectiveness of the registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this report (the "Evaluation Date"); and
c) presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;
5. The registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to the
registrants auditors and the audit committee of the registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrants
ability to record, process, summarize, and report financial data
and have identified for the registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in the
registrants internal controls; and



6. The registrants other certifying officers and I have
indicated in this report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date: November 22, 2002
/s/Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer

Certifications

I, Karnig H. Durgarian, principal executive officer of Putnam
Master Intermediate Income Fund, certify that:
1. I have reviewed this report on Form N-SAR of Putnam Master
Intermediate Income Fund:
2. Based on my knowledge, this report does not contain any
untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial information included in
this report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of,
and for, the periods presented in this report;
4. The registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrant and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrant, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
this report is being prepared;
b) evaluated the effectiveness of the registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this report (the "Evaluation Date"); and
c) presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluation as of the Evaluation Date;
5. The registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to the
registrants auditors and the audit committee of the registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect the registrants
ability to record, process, summarize, and report financial data
and have identified for the registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in the
registrants internal controls; and



6. The registrants other certifying officers and I have
indicated in this report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date: November 22, 2002
/s/Karnig H. Durgarian
Karnig H. Durgarian
Principal executive officer



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