November 4, 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") Post-Effective Amendment No. 2 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 Post-Effective
Amendment No. 2 (the "Amendment") to the Fund's Registration
Statement on Form N-14 (the "Registration Statement") would not
have differed from that contained in the Amendment, which is the
most recent amendment to such Registration Statement and was
filed electronically on October 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: John Kingston, III, Esq.
s:\funds\new\miit2.497
