September 24, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Putnam Master Intermediate Income Trust (Reg. No. 333-28271)
(811-5498) (the "Fund") Pre-Effective Amendment No. 1 to
Registration Statement on Form N-14 (the "Registration
Statement").
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as
amended, the Fund hereby certifies that the form of combined
prospectus/proxy statement and statement of additional
information that would have been filed on behalf of the Fund
pursuant to Rule 497(c) upon the effectiveness of Pre-Effective
Amendment No. 1 to the Fund's Registration Statement on Form N-14
(the "Amendment") would not have differed from that contained in
the Amendment, which was filed electronically on July 28, 1997.
Comments or questions concerning this certificate may be
directed to Charles Ruys de Perez at 1-800-225-2465, ext. 11395.
Very truly yours,
Putnam Master Intermediate Income Trust
/s/ Gordon H. Silver
By: -----------------------
Gordon H. Silver
Vice President
cc: Ruth A. Sanders
John Kingston
Jennifer Motley
