59_npx.htm
    UNITED STATES 
 
  SECURITIES AND EXCHANGE COMMISSION 
    Washington, DC 20549 
 
    FORM N-PX 
 
  ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED 
    MANAGEMENT INVESTMENT COMPANY 
 
Investment Company Act File Number :  811-5498 
 
Name of Registrant:  Putnam Master Intermediate Income Trust 
 
Address of Principal Executive Offices:   
  One Post Office Square 
  Boston, Massachusetts 02109 
Name and address of agent of service:   
  Beth S. Mazor, Vice President 
  Putnam Master Intermediate Income Trust 
  One Post Office Square 
  Boston, Massachusetts 02109 
CC:     
  John W. Gerstmayr, Esq. 
  Ropes & Gray LLP   
  One International Place 
  Boston, Massachusetts 02110 
Registrant's telephone number including area code: 
  (617) 292-1000   
Date of fiscal year end:   
  09/30/2006   
Date of reporting period:   
  07/01/2006 - 06/30/2007 

Item 1: Proxy Voting Record

Registrant: Putnam Master Intermediate Income Trust

Owens Corning             
  Ticker  Security ID:  Meeting Date  Meeting Status 
  OWENQ  CUSIP9 69073FAB9  09/01/2006    Voted   
  Meeting Type  Country of Trade         
  Consent  United States         
  Issue No.  Description  Proponent  Mgmt Rec  Vote Cast  For/Agnst Mgmt 
  1  PLAN OF REORGANIZATION  Mgmt  NA  For  NA 
  2  RELEASED PARTIES ELECTION  Mgmt  NA  Against  NA 

 
 
 
Putnam Prime Money Market Fund             
 
  Ticker  Security ID:  Meeting Date  Meeting Status 
    CUSIP9 746763416  05/15/2007    Voted   
  Meeting Type  Country of Trade         
  Special  United States         
  Issue No.  Description  Proponent  Mgmt Rec  Vote Cast  For/Agnst Mgmt 
  1  Approving a New Management  Mgmt  For  For  For 
    Contract for your Fund         

 
 
 
USA Mobility Inc             
  Ticker  Security ID:  Meeting Date  Meeting Status 
    Cusip 90341G103  08/09/2006    Voted   
  Meeting Type  Country of Trade         
 
  Issue No.  Description  Proponent  Mgmt Rec  Vote Cast  For/Agnst Mgmt 
  1.1  Elect Director David Abrams  Mgmt  For  For  For 
  1.2  Elect Director James V. Continenza  Mgmt  For  For  For 
 
  1.3  Elect Director Nicholas A. Gallopo  Mgmt  For  For  For 
 
  1.4  Elect Director Vincent D. Kelly  Mgmt  For  For  For 
  1.5  Elect Director Brian O'Reilly  Mgmt  For  For  For 
  1.6  Elect Director Matthew Oristano  Mgmt  For  For  For 
  1.7  Elect Director Samme L. Thompson  Mgmt  For  For  For 
 
  1.8  Elect Director Royce Yudkoff  Mgmt  For  For  For 


WHX Corp.             
  Ticker  Security ID:  Meeting Date  Meeting Status 
  WHX  CUSIP9 929248508  06/21/2007    Take No Action 
  Meeting Type  Country of Trade         
  Annual  United States         
  Issue No.  Description  Proponent  Mgmt Rec  Vote Cast  For/Agnst Mgmt 
  1.1  Elect Warren Lichtenstein  Mgmt  For  TNA  NA 
  1.2  Elect Jack Howard  Mgmt  For  TNA  NA 
  1.3  Elect Glen Kassan  Mgmt  For  TNA  NA 
  1.4  Elect Louis Klein, Jr.  Mgmt  For  TNA  NA 
  1.5  Elect Daniel Murphy, Jr.  Mgmt  For  TNA  NA 
  1.6  Elect John Quicke  Mgmt  For  TNA  NA 
  1.7  Elect Joshua Schechter  Mgmt  For  TNA  NA 
  1.8  Elect Garen Smith  Mgmt  For  TNA  NA 
  2  Increase in Authorized Common  Mgmt  For  TNA  NA 
    Stock         
  3  2007 Incentive Stock Plan  Mgmt  For  TNA  NA 
  4  Ratification of Auditor  Mgmt  For  TNA  NA 

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’s recommendation if management’s recommendation is ‘Abstain.’ 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.'

Where management has made no recommendation on a ballot item, 'NA' is used to indicate that there is no management recommendation that a shareholder may vote 'For' or 'Against.'

SIGNATURES

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.

 
Registrant:  Putnam Master Intermediate Income Trust 

By:  /s/ Charles E. Porter 

Name:  Charles E. Porter 

Title:  Executive Vice President, Associate Treasurer, Principal Executive Officer and 
  Compliance Liaison 

Date:  August 13, 2007