VIA EDGAR
February 23, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Putnam Diversified Income Trust II (Reg. No. 33-55791)
(811-0722) (the "Fund") Post-Effective Amendment No. 2 to
Registration Statement on Form N-1A
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933,
as amended, the Fund hereby certifies that the form of
prospectus 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 to the
Fund's Registration Statement, respectively, on Form N-1A (the
"Amendment") 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 February
16, 1996.
Comments or questions concerning this certificate may be
directed to Karen R. Kay at 1-800-225-2465, ext. 1105.
Very truly yours,
Putnam Diversified Income Trust II
/s/ Gordon H. Silver
By: --------------------------
Gordon H. Silver
Vice President
cc: John Kingston, Esq.
