PUTNAM TAX EXEMPT INCOME FUND
NSAR-A, 1994-05-26
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<PAGE>      PAGE  1
000 A000000 03/31/94
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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SIGNATURE   GORDON H. SILVER                             
TITLE       VICE PRESIDENT      
 


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