PUTNAM MASTER INTERMEDIATE INCOME TRUST — Director's Dealing 2014

Oct 29, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: PUTNAM MASTER INTERMEDIATE INCOME TRUST (PIM)
CIK: 0000830622
Period of Report: 2014-09-30

Reporting Person: HILL JOHN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-30	Closed-end Fund	J	28.384	$5.03	Acquired	478.569	Direct

Footnotes

F1: Dividends reinvested for fiscal year end 9/30/2014.

F2: Price as of 9/30/2014.