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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000928816-07-001164.txt : 20070813
<SEC-HEADER>0000928816-07-001164.hdr.sgml : 20070813
<ACCEPTANCE-DATETIME>20070813150018
ACCESSION NUMBER:		0000928816-07-001164
CONFORMED SUBMISSION TYPE:	N-PX
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070630
FILED AS OF DATE:		20070813
DATE AS OF CHANGE:		20070813
EFFECTIVENESS DATE:		20070813

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM MASTER INTERMEDIATE INCOME TRUST
		CENTRAL INDEX KEY:			0000830622
		IRS NUMBER:				046584465
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		N-PX
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05498
		FILM NUMBER:		071048607

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921562

	MAIL ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-PX
<SEQUENCE>1
<FILENAME>a_mstrintnpx.htm
<DESCRIPTION>PUTNAM MASTER INTERMEDIATE INCOME TRUST
<TEXT>

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   <TITLE>59_npx.htm</TITLE>
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<TABLE cellSpacing=1 cellPadding=0 width="80%" border=0>
<TR>
     <TD width="18%"></TD>
     <TD width="20%"></TD>
     <TD width="61%"></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=center colSpan=2>&nbsp; <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=5>UNITED STATES</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=center colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=5>SECURITIES AND EXCHANGE COMMISSION</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=center colSpan=2>&nbsp; <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Washington, DC 20549</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=center colSpan=2>&nbsp; <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=5>FORM N-PX</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=center colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=center colSpan=2>&nbsp; <B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>MANAGEMENT INVESTMENT COMPANY</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left colSpan=1><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Investment Company Act File Number :</FONT>&nbsp; </TD>
     <TD noWrap align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>811-5498</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Name of Registrant:</FONT>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=4>Putnam Master Intermediate Income Trust</FONT></B>&nbsp; </TD></TR>
<TR>
     <TD colSpan=3>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Address of Principal Executive Offices:</FONT>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>One Post Office Square</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Boston, Massachusetts 02109</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Name and address of agent of service:</FONT>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Beth S. Mazor, Vice President</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Putnam Master Intermediate Income Trust</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>One Post Office Square</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Boston, Massachusetts 02109</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>CC:</FONT>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>John W. Gerstmayr, Esq.</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Ropes &amp; Gray LLP</FONT></B>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>One International Place</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>Boston, Massachusetts 02110</FONT></B>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left colSpan=3><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Registrant's telephone number including area code:</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>(617) 292-1000</FONT></B>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date of fiscal year end:</FONT>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>09/30/2006</FONT></B>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left colSpan=2><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date of reporting period:</FONT>&nbsp; </TD>
     <TD noWrap align=left>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left colSpan=2><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>07/01/2006 - 06/30/2007</FONT></B>&nbsp; </TD></TR></TABLE>

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<P align="left">
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Item 1: Proxy </FONT></B><B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Voting</FONT></B><B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">
</FONT></B><B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Record</FONT></B><B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif"> </FONT></B></P>
<P align="left">
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Registrant</FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">: </FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Putnam</FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif"> </FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Master</FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif"> </FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Intermediate</FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif"> </FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Income</FONT><FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">
Trust</FONT></P>
<TABLE border=0 width=100% cellspacing=1 cellpadding=0>
<TR>
     <TD width="20%"></TD>
     <TD width="18%"></TD>
     <TD width="28%"></TD>
     <TD width="8%"></TD>
     <TD width="8%"></TD>
     <TD width="8%"></TD>
     <TD width="8%"></TD></TR>

<TR valign="bottom">
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Owens Corning</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
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&nbsp;
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&nbsp;
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&nbsp;
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&nbsp;
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</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Ticker</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Security ID:</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Date</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Status</FONT></B>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">OWENQ</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">CUSIP9 69073FAB9</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">09/01/2006</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voted</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Type</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Country of Trade</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
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&nbsp;
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  <TD align=left nowrap>
&nbsp;
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&nbsp;
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</TR>
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&nbsp;
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Consent</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">United States</FONT>&nbsp;
  </TD>
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&nbsp;
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&nbsp;
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</TR>
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&nbsp;
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Issue No.</FONT></B>&nbsp;
  </TD>
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Description</FONT></B>&nbsp;
  </TD>
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Proponent</FONT></B>&nbsp;
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Mgmt Rec</FONT></B>&nbsp;
  </TD>
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Vote Cast</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">For/Agnst Mgmt</FONT></B>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">PLAN OF REORGANIZATION</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
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&nbsp;
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">2</FONT>&nbsp;
  </TD>
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">RELEASED PARTIES ELECTION</FONT>&nbsp;
  </TD>
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Against</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
<TR>
  <TD colspan=7>
<HR noshade size=1>
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</TR>
<TR>
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&nbsp;
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<TR>
  <TD colspan=7>
&nbsp;
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</TR>
<TR>
  <TD colspan=7>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Putnam Prime Money Market Fund</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
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  <TD align=left nowrap>
&nbsp;
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&nbsp;
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&nbsp;
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<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Ticker</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Security ID:</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Date</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Status</FONT></B>&nbsp;
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</TR>
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  <TD align=left nowrap>
&nbsp;
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&nbsp;
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">CUSIP9 746763416</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">05/15/2007</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voted</FONT>&nbsp;
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&nbsp;
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</TR>
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&nbsp;
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<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Type</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Country of Trade</FONT></B>&nbsp;
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&nbsp;
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&nbsp;
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&nbsp;
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&nbsp;
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&nbsp;
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<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Special</FONT>&nbsp;
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  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">United States</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
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&nbsp;
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&nbsp;
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&nbsp;
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Issue No.</FONT></B>&nbsp;
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Description</FONT></B>&nbsp;
  </TD>
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<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Proponent</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Mgmt Rec</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Vote Cast</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">For/Agnst Mgmt</FONT></B>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
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  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Approving a New Management</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
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  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
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  </TD>
  <TD align=left nowrap>
&nbsp;
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  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Contract for your Fund</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
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&nbsp;
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<TR>
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<HR noshade size=1>
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<TR>
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&nbsp;
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&nbsp;
  </TD>
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<TR>
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&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">USA Mobility Inc</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
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&nbsp;
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Ticker</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Security ID:</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Date</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Status</FONT></B>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Cusip 90341G103</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">08/09/2006</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Voted</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Type</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Country of Trade</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
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  <TD align=left nowrap>
&nbsp;
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  <TD align=left nowrap>
&nbsp;
  </TD>
</TR>
<TR>
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&nbsp;
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</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Issue No.</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Description</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Proponent</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Mgmt Rec</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Vote Cast</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">For/Agnst Mgmt</FONT></B>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.1</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director David Abrams</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.2</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director James V. Continenza</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR>
  <TD colspan=7>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.3</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director Nicholas A. Gallopo</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR>
  <TD colspan=7>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.4</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director Vincent D. Kelly</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.5</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director Brian O'Reilly</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.6</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director Matthew Oristano</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.7</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director Samme L. Thompson</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
<TR>
  <TD colspan=7>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.8</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Director Royce Yudkoff</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
</TR>
</TABLE><BR>

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  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">WHX Corp.</FONT></B>&nbsp;
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&nbsp;
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<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Ticker</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Security ID:</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Date</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Status</FONT></B>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">WHX</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">CUSIP9 929248508</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">06/21/2007</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap colspan=2>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Take No Action</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Meeting Type</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=2 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Country of Trade</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Annual</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">United States</FONT>&nbsp;
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  <TD align=left nowrap>
&nbsp;
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&nbsp;
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&nbsp;
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&nbsp;
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</TR>
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&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Issue No.</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Description</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Proponent</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Mgmt Rec</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">Vote Cast</FONT></B>&nbsp;
  </TD>
  <TD align=left nowrap>
<B><FONT size=1 face="Arial-BoldMT,Arial,Helvetica,sans-serif">For/Agnst Mgmt</FONT></B>&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.1</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Warren Lichtenstein</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.2</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Jack Howard</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.3</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Glen Kassan</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.4</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Louis Klein, Jr.</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.5</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Daniel Murphy, Jr.</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.6</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect John Quicke</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
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  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.7</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Joshua Schechter</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">1.8</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Elect Garen Smith</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">2</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Increase in Authorized Common</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Stock</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">3</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">2007 Incentive Stock Plan</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>
&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">4</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Ratification of Auditor</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">Mgmt</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">For</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">TNA</FONT>&nbsp;
  </TD>
  <TD align=left nowrap>
<FONT size=2 face="ArialMT,Arial,Helvetica,sans-serif">NA</FONT>&nbsp;
  </TD>
</TR>
</TABLE>

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<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Any ballot </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>marked</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Abstain'</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> is </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>considered</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> to have been voted. Ballots </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>marked</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Abstain'</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> are </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>considered</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> to have been voted </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>against</FONT><FONT face=ArialMT,Arial,Helvetica,sans-s
erif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management's</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> if </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management's</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> is 'For' or </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Against,'</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> and for </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management&#146;s</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> if </FONT><FONT face=ArialMT,Arial,Helvetica,sa
ns-serif size=2>management&#146;s</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> is </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&#145;Abstain.</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>&#146; Where </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> has </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommended</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> that </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shareholders</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Abstain'</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> from voting on a ballot item, a ballot </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>marked </F
ONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'For' or </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Against'</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> is </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>considered</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> to have been voted </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>against</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management's</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> to </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Abstain.</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'</FONT></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Where </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> has made no </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> on a ballot item, 'NA' is used to </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>indicate</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> that there is no </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>management</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>recommendation</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> that a </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>shareholder</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> may vote 'For' or </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'Against.
</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>'</FONT></P>
<P align=left><B><FONT face=Arial-BoldMT,Arial,Helvetica,sans-serif size=2>SIGNATURES</FONT></B></P>
<P align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Pursuant</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> to the </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>requirements</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> of the </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Investment</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Company</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> Act of 1940, the </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>registrant</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> has duly </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>caused</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> this report to be signed on its behalf by the </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>undersigned,</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> </FONT><FONT face=
ArialMT,Arial,Helvetica,sans-serif size=2>thereunto</FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2> duly </FONT><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>authorized.</FONT></P>
<TABLE cellSpacing=1 cellPadding=0 width="100%" border=0>
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     <TD noWrap align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Registrant:</FONT>&nbsp; </TD>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Putnam Master Intermediate Income Trust</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>By:</FONT>&nbsp; </TD>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>/s/ Charles E. Porter</FONT>&nbsp; </TD></TR>
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     <TD></TD>
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     <TD noWrap align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Name:</FONT>&nbsp; </TD>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Charles E. Porter</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Title:</FONT>&nbsp; </TD>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Executive Vice President, Associate Treasurer, Principal Executive Officer and</FONT>&nbsp; </TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left>&nbsp; </TD>
     <TD noWrap align=left><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Compliance Liaison</FONT>&nbsp; </TD></TR>
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     <TD noWrap align=right><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>Date:</FONT>&nbsp;</TD>
     <TD noWrap align=left background=""><FONT face=ArialMT,Arial,Helvetica,sans-serif size=2>August 13, 2007</FONT>&nbsp;&nbsp;&nbsp;</TD></TR>
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