Vote-By-Phone Solicitation Script for
Putnam Intermediate Government Income Trust
October 5, 1995 Shareholder Meeting


This script provides information to the shareholders and solicits
their vote by phone, to be confirmed in writing.

Good Morning/Afternoon/Evening.  May I please speak with (name of
shareholder)?  I am representing Putnam Investments in Boston and
I am calling about the upcoming meeting of the shareholders of
Putnam Intermediate Government Income Trust (PGT).  

To verify that I am speaking with the shareholder of record, may
I confirm that you are (name of shareholder of record) and that
your address of record is (address of record)? 

(If the person is unwilling to confirm this information, thank
them for their time and terminate the call.)

We noted that we have not yet received your vote for the meeting. 
Do you have any questions regarding the proposals I can clarify
for you?  

(If there are questions regarding the non-routine proposals,
please refer to the Q & A attached.)

Would you like to vote by phone?  

(If not, ask the shareholder if he or she would like another
ballot, thank them for the time and terminate the call. If so,
proceed as follows:)

We previously sent you a letter describing our procedures for
voting your proxy ballot by telephone. 

I will now read the information on the proxy card so that you can
provide us with your voting instructions.

Putnam Intermediate Government Income Trust

Proxy for a meeting of shareholders, October 5, 1995

This proxy is solicited on behalf the Trustees of the Fund.

The shareholder hereby appoints George Putnam, Hans H. Estin and
William F. Pounds, and each of them separately, proxies, with
power of substitution, and hereby authorizes them to represent
and vote, as designated hereafter, at the meeting of shareholders
of Putnam Intermediate Government Income Trust, on October 5,
1995, at 2:00 p.m., Boston time, and at any adjournments thereof,
all of the shares of the Fund which the shareholder would be
entitled to vote if personally present.

This proxy when properly authorized will be voted in the manner
directed herein by the shareholder. In their discretion, the
proxies are authorized to vote upon such other matters as may
properly come before the meeting.  

1.   Election of Trustees.
     The Trustees recommend a vote FOR all of the nominees for
     Trustee. 

     The nominees are: Jameson Adkins Baxter, Hans H. Estin, John
     A. Hill, Elizabeth T. Kennan, Lawrence J. Lasser, Robert E.
     Patterson, Donald S. Perkins, William F. Pounds, George
     Putnam, George Putnam III, Eli Shapiro, A.J.C. Smith, and
     William N. Thorndike.

     How would you like to vote on this proposal? 

          For electing all of the nominees?
          For electing all nominees other than the following
          nominees? (specify nominees for whom voting authority
          is withheld)
          Withhold authority to vote for all nominees?
          
2.   Ratify the selection of Price Waterhouse LLP as auditors.
     The Trustees recommend a vote FOR this proposal. 

     Price Waterhouse LLP:         

     How would you like to vote on this proposal? 
          For, Against or Abstain?

3.   Conversion of the fund from a closed-end fund to an open-end
     fund.  
     The Trustees recommend a vote AGAINST this proposal.

     How would you like to vote on this proposal? 
          For, Against or Abstain?


Thank you.  Do you wish to send the entire message?

To repeat your instructions:  

You voted:
     On proposal 1:
     On proposal 2:
     On proposal 3:
     Is this correct?

Thank you.  We will be sending you a written confirmation of your
vote. An 800 number will be provided for you on the confirmation.
Please call us if any of the information on the confirmation is
incorrect. 




s:\shared\proxy\working\pgtscrip