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<SEC-DOCUMENT>0000928816-10-000931.txt : 20100810
<SEC-HEADER>0000928816-10-000931.hdr.sgml : 20100810
<ACCEPTANCE-DATETIME>20100809190508
ACCESSION NUMBER:		0000928816-10-000931
CONFORMED SUBMISSION TYPE:	N-PX
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20100630
FILED AS OF DATE:		20100810
DATE AS OF CHANGE:		20100809
EFFECTIVENESS DATE:		20100810

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:		101003065

	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_59npx.htm
<DESCRIPTION>PUTNAM MASTER INTERMEDIATE INCOME TRUST
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     <TD colSpan=3 noWrap align=center><B><FONT size=5 face=sans-serif>UNITED STATES</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=3 noWrap align=center><B><FONT size=2 face=sans-serif>ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=3 noWrap align=center><B><FONT size=2 face=sans-serif>MANAGEMENT INVESTMENT COMPANY</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=2 noWrap align=left><FONT size=2 face=sans-serif>Investment Company Act File Number :</FONT>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>811-5498</FONT></B>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>Name of Registrant:</FONT>&nbsp;</TD>
     <TD colSpan=2 noWrap align=left><B><FONT size=4 face=sans-serif>Putnam Master Intermediate Income Trust</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=2 noWrap align=left><FONT size=2 face=sans-serif>Address of Principal Executive Offices:</FONT>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>Boston, Massachusetts 02109</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=2 noWrap align=left><FONT size=2 face=sans-serif>Name and address of agent of service:</FONT>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>James P. Pappas, Vice President</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>Putnam Master Intermediate Income Trust</FONT></B>&nbsp;</TD></TR>
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     <TD noWrap align=left>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>Boston, Massachusetts 02109</FONT></B>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>CC:</FONT>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>John W. Gerstmayr, Esq.</FONT></B>&nbsp;</TD></TR>
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     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Ropes &amp; Gray LLP</FONT></B>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>One International Place</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>Boston, Massachusetts 02110</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=3 noWrap align=left><FONT size=2 face=sans-serif>Registrant's telephone number including area code:</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><B><FONT size=2 face=sans-serif>(617) 292-1000</FONT></B>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><FONT size=2 face=sans-serif>Date of fiscal year end:</FONT>&nbsp;</TD>
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     <TD noWrap align=left><B><FONT size=2 face=sans-serif>9/30/09</FONT></B>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>07/01/2009 - 06/30/2010</FONT></B>&nbsp;</TD></TR>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif></FONT></B><B><FONT size=2 face=sans-serif>Item 1: Proxy Voting Record</FONT></B>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><FONT size=2 face=sans-serif></FONT><FONT size=2 face=sans-serif>Registrant : Putnam Master Intermediate Income Trust</FONT>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><FONT size=2 face=sans-serif></FONT><FONT size=2 face=sans-serif>Fund Name : Putnam Master Intermediate Income Trust</FONT>&nbsp;</TD>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" colSpan=2 noWrap align=left><FONT size=2 face=sans-serif></FONT><FONT size=2 face=sans-serif>Date of fiscal year end: 09/30/2009</FONT>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif></FONT></B><B><FONT size=2 face=sans-serif>Abovenet, Inc.</FONT></B>&nbsp;</TD>
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     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Ticker</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Security ID:</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Meeting Date</FONT></B>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif>Meeting Status</FONT></B>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>ABVT</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>CUSIP 00374N107</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>06/24/2010</FONT>&nbsp;</TD>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>Voted</FONT>&nbsp;</TD>
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     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Meeting Type</FONT></B>&nbsp;</TD>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>Annual</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>United States</FONT>&nbsp;</TD>
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     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Issue No.</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Description</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Proponent</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Mgmt Rec</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Vote Cast</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>For/Agnst Mgmt</FONT></B>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>1.1</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Jeffrey A. Brodsky</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>1.2</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Michael J. Embler</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>1.3</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect William LaPerch</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>1.4</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Richard Postma</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>1.5</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Richard L. Shorten, Jr.</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>1.6</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Stuart Subotnick</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>2</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Ratification of Auditor</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>3</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Increase of Authorized Common</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>Stock</FONT>&nbsp;</TD>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>4</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>2010 Employee Stock Purchase</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif>5</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Amendment to Shareholder Rights</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
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     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left><FONT size=2 face=sans-serif>Plan</FONT>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif></FONT></B><B><FONT size=2 face=sans-serif>Putnam Money Market Liquidity</FONT></B>&nbsp;</TD>
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     <TD colSpan=2 noWrap align=left><B><FONT size=2 face=sans-serif></FONT></B><B><FONT size=2 face=sans-serif>Fund</FONT></B>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif></FONT></B></TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Ticker</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Security ID:</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Meeting Date</FONT></B>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Meeting</FONT></B>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Status</FONT></B>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>CUSIP 746763168</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>11/19/2009</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Voted</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif></FONT></B></TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Meeting Type</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=2 face=sans-serif>Country of Trade</FONT></B>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
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     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Special</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>United States</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif></FONT></B></TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Issue No.</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Description</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Proponent</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Mgmt Rec</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>Vote Cast</FONT></B>&nbsp;</TD>
     <TD noWrap align=left><B><FONT size=1 face=sans-serif>For/Agnst Mgmt</FONT></B>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.01</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Ravi Akhoury</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.02</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Jameson Baxter</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.03</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Charles Curtis</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.04</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Robert Darretta</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.05</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Myra Drucker</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.06</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect John Hill</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.07</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Paul Joskow</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR></TABLE></DIV>
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<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>
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     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.08</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Elizabeth Kennan</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.09</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Kenneth Leibler</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.10</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Robert Patterson</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.11</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect George Putnam, III</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.12</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Robert Reynolds</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.13</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect W. Thomas Stephens</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>1.14</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Elect Richard Worley</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Mgmt</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>For</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>2</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Approving A Proposed New</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Management Contract For Your</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Fund</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>2.01</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Approving A Proposed New</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Management Contract For Your</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Fund: With Both Fund Family</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Breakpoints And Performance Fees</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
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     <TD></TD>
     <TD colSpan=6>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>2.02</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Approving A Proposed New</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Management Contract For Your</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Fund: With Fund Family</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Breakpoints Only</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>2.03</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Approving A Proposed New</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Management Contract For Your</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Fund: With Performance Fees Only</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR>
     <TD></TD>
     <TD colSpan=6>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>3</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Approving An Amendment To Your</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Fund's Fundamental Investment</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Restriction With Respect To:</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR>
     <TD></TD>
     <TD colSpan=6>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>3.01</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Investments in Commodities</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>3.02</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Diversification of Investments</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>3.03</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>The Acquisition of Voting Securities</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR>
     <TD></TD>
     <TD colSpan=6>&nbsp;</TD></TR>
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     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>3.04</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Borrowing</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>3.05</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Making Loans</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>4</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Approving An Amendment To Your</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Fund's Agreement And Declaration</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>of Trust With Respect To:</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR>
     <TD></TD>
     <TD colSpan=6>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>4.01</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>The Duration Of The Trust</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>4.02</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Redemption At The Option Of The</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Trust</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR></TABLE></DIV>
<P style="MARGIN: 0px">&nbsp;</P>
</DIV>
<HR align=center SIZE=2 width="100%" noShade>

<!--$$/page=-->
<A name="page_4"></A><BR>
<a name="_bclPageBorder4"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<DIV align=left>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=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 noWrap align=left><FONT size=2 face=sans-serif></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>5</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Shareholders Request That The</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>N/A</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Board Institute Procedues To</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Prevent Holding Investments In</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Companies That, In The Judgment</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Of The Board, Substantially</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Contribute To Genocide Or Crimes</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Against Humanity, The Most</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Egregious Violations Of Human</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=left></TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Rights.</FONT>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD>
     <TD noWrap align=left>&nbsp;</TD></TR></TABLE></DIV>
<P style="MARGIN: 0px">&nbsp;</P>
</DIV>
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<A name="page_5"></A><BR>
<a name="_bclPageBorder5"></a><DIV style="PADDING-LEFT: 0%; WIDTH: 100%; PADDING-RIGHT: 0%">
<P style="TEXT-ALIGN: left"><FONT size=2 face=sans-serif>Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to have been voted against management's recommendation if management's recommendation is 'For' or 'Against,' and for management&#146;s recommendation if management&#146;s recommendation is &#145;Abstain.&#146; Where management has recommended that shareholders 'Abstain' from voting on a ballot item, a ballot marked 'For' or 'Against' is considered to have been voted against management's recommendation to 'Abstain.'</FONT></P>
<P style="TEXT-ALIGN: left"><FONT size=2 face=sans-serif>Where management has made no recommendation on a ballot item, 'N/A' is used to indicate that there is no management recommendation that a shareholder may vote 'For' or 'Against.'</FONT></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face=sans-serif>SIGNATURES</FONT></B></P>
<P style="TEXT-ALIGN: left"><FONT size=2 face=sans-serif>Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>
<DIV align=left>
<TABLE style="WIDTH: 100%" border=0 cellSpacing=0>
<TR>
     <TD width="50%"></TD>
     <TD width="50%"></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif>Registrant:</FONT></FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left><B><FONT size=2 face=sans-serif>Putnam Master Intermediate Income Trust</FONT></B>&nbsp;</TD></TR>
<TR height=20>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif></FONT></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif>By:</FONT></FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left><FONT size=2 face=sans-serif>/s/ Jonathan S. Horwitz</FONT>&nbsp;</TD></TR>
<TR height=20>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif></FONT></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif>Name:</FONT></FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left><FONT size=2 face=sans-serif>Jonathan S. Horwitz</FONT>&nbsp;</TD></TR>
<TR height=20>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif></FONT></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif>Title:</FONT></FONT>&nbsp;</TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>Executive Vice President, Treasurer, Principal Executive Officer and</FONT>&nbsp;</TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=right><FONT size=2 face=sans-serif></FONT></TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left><FONT size=2 face=sans-serif>Compliance Liaison</FONT>&nbsp;</TD></TR>
<TR height=20>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif></FONT></FONT></TD>
     <TD noWrap align=left><FONT size=2 face=sans-serif>&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
     <TD noWrap align=right><FONT size=2 face=sans-serif><FONT size=2 face=sans-serif>Date:</FONT></FONT>&nbsp;</TD>
     <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left><FONT size=2 face=sans-serif>August 9, 2010</FONT>&nbsp;</TD></TR></TABLE></DIV>
<P style="MARGIN: 0px">&nbsp;</P>
</DIV>
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