Putnam Funds Trust CORRESP Correspondence with SEC

January 14, 2010

Putnam Investments
One Post Office Square
Boston, MA 02109

Sheila Stout, Esq.
Division of Investment Management
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549

Re:	Forms N-SAR for Putnam Money Market Fund (Reg. Nos. (2-55091) (811-02608)),
Putnam Tax Exempt Money Market Fund (Reg. Nos. (33-15238) (811-05215)), Putnam VT
Money Market Fund, a series of Putnam Variable Trust (Reg. No. (33-17486) (811-05346)),
Putnam Money Market Liquidity Fund, a series of Putnam Funds Trust (Reg. Nos. (33-515)
(811- 07513)) (collectively, the “Registrants”)

Dear Ms. Stout:

Per our telephone conversation on January 8, 2010, attached please find Amended Forms N-SAR for the applicable Registrants, which amend Item 74 in response to your request on our telephone conversation, in each case, for the fiscal periods set forth below:

1.	The Putnam Money Market Fund (Reg. Nos. (2-55091) (811-02608)) (for the fiscal
	periods ended September 30, 2009, March 31, 2009, September 30, 2008 and March 31,
	2008);
2.	The Putnam Tax Exempt Money Market Fund (Reg. Nos. (33-15238) (811-05215)) (for
	the fiscal periods ended September 30, 2009, September 30, 2008 and March 31, 2008);
	and
3.	The Putnam VT Money Market Fund, a series of Putnam Variable Trust (Reg. No. (33-
	17486) (811-05346)) (for the fiscal periods ended June 30, 2009, December 31, 2008,
	June 30, 2008, December 31, 2007 and June 30, 2007).

As we discussed, amended Forms N-SAR have not been included for the applicable Registrants for the following fiscal periods because Item 74 of the previously filed Forms N-SAR is not being amended for any of these Registrants at this time:

1.	The Putnam Money Market Liquidity Fund, a series of Putnam Funds Trust (Reg. Nos.
	(33-515) (811- 07513)) for the fiscal period ended September 30, 2009; and
2.	The Putnam Tax Exempt Money Market Fund (Reg. Nos. (33-15238) (811-05215)) for
	the fiscal period ended March 31, 2009.

Please contact me at 1-800-225-2465, ext. 14824 if you need any further information with respect to this request.

Very truly yours,

/s/Anne Marie Duffy

Anne Marie Duffy
Vice President - Counsel
Putnam Investments