-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Os0L79ISXZiHTS3hbpiHSdXTqoHwKSMavVhe8jeCOMfHPh/V84Nsg4Ro68jiZEEC ly5wmD3W5S5h7voMngjjew== 0000928816-05-000325.txt : 20050228 0000928816-05-000325.hdr.sgml : 20050228 20050228164340 ACCESSION NUMBER: 0000928816-05-000325 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041231 FILED AS OF DATE: 20050228 DATE AS OF CHANGE: 20050228 EFFECTIVENESS DATE: 20050228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MONEY MARKET FUND CENTRAL INDEX KEY: 0000081248 IRS NUMBER: 046386436 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-02608 FILM NUMBER: 05646183 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A-14 LEGAL DEPARTMENT CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921471 MAIL ADDRESS: STREET 1: MAILSTOP A-14 LEGAL DEPARTMENT STREET 2: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM DAILY DIVIDEND TRUST DATE OF NAME CHANGE: 19920703 N-Q 1 pmmf1.txt PUTNAM MONEY MARKET FUND Item 1. Schedule of Investments: - -------------------------------- Putnam Money Market Fund QUARTERLY PORTFOLIO HOLDINGS 12-31-04
Putnam Money Market Fund - ----------------------------------------------------------------------------------------------------------- The fund's portfolio December 31, 2004 (Unaudited) Commercial paper (65.0%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- Domestic (41.1%) - ----------------------------------------------------------------------------------------------------------- $55,000,000 Amstel Funding Corp. 2.67s 6/15/2005 $54,327,510 40,000,000 Amstel Funding Corp. 2.41s 2/28/2005 39,844,689 35,000,000 Amstel Funding Corp. 2.1s 3/29/2005 34,822,375 32,000,000 Amstel Funding Corp. 2.06s 2/22/2005 31,904,782 18,000,000 Atlantic Asset Securitzation Corp. 2.49s 3/28/2005 17,892,930 37,000,000 Atlantic Asset Securitzation Corp. 2.48s 3/31/2005 36,773,149 16,788,000 Atlantic Asset Securitzation Corp. 2.4s 1/14/2005 16,773,450 21,000,000 Atlantic Asset Securitzation Corp. 2.34s 1/10/2005 20,987,715 30,000,000 Bank of America Corp. 2.42s 3/14/2005 29,854,800 21,000,000 Bank of America Corp. 2.32s 2/7/2005 20,949,927 35,000,000 Bank of America Corp. 2.18s 1/21/2005 34,957,611 34,000,000 Bank of America Corp. 2.04s 2/4/2005 33,934,493 25,310,000 CAFCO, LLC 2.43s 3/4/2005 25,204,078 25,000,000 CAFCO, LLC 2.31s 2/11/2005 24,934,229 29,750,000 CAFCO, LLC 2.24s 2/4/2005 29,687,062 25,500,000 Citibank Credit Card Issuance Trust (Dakota) 2.41s 2/24/2005 25,407,818 51,000,000 Citibank Credit Card Issuance Trust (Dakota) 2.31s 2/3/2005 50,892,246 30,000,000 Citibank Credit Card Issuance Trust (Dakota) 2.25s 2/2/2005 29,940,000 30,000,000 Citibank Credit Card Issuance Trust (Dakota) 2.17s 1/11/2005 29,981,917 25,000,000 Citibank Credit Card Issuance Trust (Dakota) 2.01s 1/4/2005 24,995,813 26,000,000 Citigroup Global Markets Holdings, Inc. 2.36s 2/18/2005 25,918,187 20,000,000 Citigroup Global Markets Holdings, Inc. 2.06s 1/25/2005 19,972,533 30,000,000 CRC Funding, LLC 2.42s 3/9/2005 29,864,883 28,000,000 CRC Funding, LLC 2.37s 2/14/2005 27,918,893 30,000,000 CRC Funding, LLC 2.35s 2/23/2005 29,896,208 20,000,000 CRC Funding, LLC 2.25s 1/19/2005 19,977,500 38,000,000 CXC, LLC 2.42s 3/7/2005 37,833,961 15,590,000 Discover Card Master Trust I, 2000-A (Newcastle) 2.28s 2/17/2005 15,543,594 35,000,000 General Electric Capital Corp. 2.03s 3/16/2005 34,853,953 16,000,000 General Electric Capital Corp. 2.02s 3/21/2005 15,929,076 30,000,000 General Electric Capital Services 2.46s 3/23/2005 29,833,950 16,000,000 General Electric Capital Services 2.19s 2/10/2005 15,961,067 27,000,000 Govco, Inc. 2.42s 2/24/2005 26,901,990 25,000,000 Govco, Inc. 2.4s 3/8/2005 24,890,000 30,000,000 Govco, Inc. 2.36s 2/8/2005 29,925,267 23,000,000 Govco, Inc. 2.26s 2/17/2005 22,932,137 46,000,000 Govco, Inc. 2.05s 1/20/2005 45,950,231 16,000,000 Govco, Inc. 2s 1/12/2005 15,990,222 36,000,000 International Lease Finance Corp. 2.34s 2/15/2005 35,894,700 28,181,000 Jupiter Securitization Corp. 2.35s 2/4/2005 28,118,454 40,000,000 Morgan Stanley Dean Witter & Co. 2.37s 2/14/2005 39,884,133 30,000,000 Morgan Stanley Dean Witter & Co. 2.25s 1/24/2005 29,956,875 35,000,000 NATC California, LLC (Chase Manhattan Bank Letter of credit (LOC)) 2.04s 1/20/2005 34,962,317 15,000,000 NATC California, LLC (Chase Manhattan Bank (LOC)) 2.02s 1/18/2005 14,985,692 40,000,000 Park Granada, LLC 2.4s 2/1/2005 39,917,333 30,000,000 Park Granada, LLC 2.38s 1/19/2005 29,964,300 20,000,000 Park Granada, LLC 2.08s 2/18/2005 19,944,533 20,000,000 Park Granada, LLC 2.08s 2/14/2005 19,949,156 32,000,000 Ranger Funding Co., LLC 2.38s 2/16/2005 31,902,684 30,000,000 Ranger Funding Co., LLC 2.27s 1/26/2005 29,952,708 20,000,000 Sheffield Receivables Corp. 2.18s 1/13/2005 19,985,467 45,000,000 Sheffield Receivables Corp. 144A FRN, 2.425s 1/25/2005 44,999,702 30,000,000 Thunder Bay Funding, Inc. 2.35s 2/3/2005 29,935,375 54,892,000 Thunder Bay Funding, Inc. 2.03s 1/18/2005 54,839,380 20,000,000 Windmill Funding Corp. 2.3s 2/16/2005 19,941,222 20,081,000 Yorktown Capital, LLC 2.3s 2/2/2005 20,039,946 ------------- 1,629,334,223 Foreign (23.9%) - ----------------------------------------------------------------------------------------------------------- 20,000,000 Abbey National North America, LLC 2.35s (United Kingdom) 1/6/2005 19,993,472 29,000,000 Atlantis One Funding Corp. 2.35s (Netherlands) 2/2/2005 28,939,422 28,000,000 Atlantis One Funding Corp. 1.94s (Netherlands) 2/22/2005 27,921,538 38,000,000 Banco Bradesco S.A. (Calyon (LOC)) 2.66s (France) 6/10/2005 37,550,756 21,000,000 Banco Continental de Panama, S.A. Ser. B (Calyon (LOC)) 2.04s (France) 1/10/2005 20,989,290 25,000,000 BNP Paribas Finance, Inc. 2.369s (France) 1/3/2005 24,996,710 30,000,000 CBA Delaware Finance 2.25s (Australia) 2/17/2005 29,911,875 20,000,000 COFCO Capital Corp. (Rabobank Nederland (LOC)) 2.27s (Netherlands) 1/27/2005 19,967,211 40,000,000 COFCO Capital Corp. (Rabobank Nederland (LOC)) 2.22s (Netherlands) 1/13/2005 39,970,400 36,000,000 Credit Suisse First Boston (USA), Inc. 2.3s (Switzerland) 1/31/2005 35,931,000 40,000,000 Greenwich Capital Holdings, Inc. FRN, 2.316s (United Kingdom) 3/15/2005 40,000,000 28,000,000 Greenwich Capital Holdings, Inc. FRN, 2.150s (United Kingdom) 4/8/2005 28,000,000 37,025,000 HBOS Treasury Services PLC 2.45s (United Kingdom) 3/22/2005 36,823,419 39,700,000 ING America Insurance Holdings 2.44s (Netherlands) 3/16/2005 39,500,882 25,000,000 ING America Insurance Holdings 2.29s (Netherlands) 1/19/2005 24,971,375 30,000,000 Nordea North America, Inc. 2.08s (Sweden) 3/16/2005 29,871,733 24,600,000 Societe Generale 2.29s (France) 2/3/2005 24,548,360 21,000,000 Spintab AB 2.42s (Sweden) 3/31/2005 20,874,362 20,000,000 Spintab AB 2.28s (Sweden) 2/1/2005 19,960,733 35,000,000 Spintab AB 2.2s (Sweden) 1/12/2005 34,976,472 19,000,000 Stadshypotek Delaware, Inc. 2.34s (Sweden) 2/4/2005 18,958,010 30,000,000 Toyota Motor Credit Corp. 2.27s (Japan) 1/31/2005 29,943,250 17,000,000 Toyota Motor Credit Corp. 2.21s (Japan) 2/9/2005 16,959,299 20,000,000 Tulip Funding Corp. 2.39s (Netherlands) 1/28/2005 19,964,150 47,000,000 Tulip Funding Corp. 2.37s (Netherlands) 1/19/2005 46,944,305 30,000,000 Tulip Funding Corp. 2.34s (Netherlands) 1/24/2005 29,955,150 18,000,000 Tulip Funding Corp. 2.34s (Netherlands) 1/11/2005 17,988,300 25,000,000 Tulip Funding Corp. 2.27s (Netherlands) 1/4/2005 24,995,271 66,000,000 UBS Finance (Delaware), LLC 2.345s (Switzerland) 1/3/2005 65,991,327 16,500,000 WestLB AG 2.26s (Germany) 2/17/2005 16,451,316 17,000,000 Westpac Capital Corp. 2.36s (Australia) 3/24/2005 16,908,616 40,000,000 Westpac Capital Corp. 2.06s (Australia) 2/7/2005 39,915,311 15,625,000 Westpac Trust Securities NZ, Ltd. 2.29s (Australia) 2/16/2005 15,579,280 ------------- 946,252,595 ------------- Total Commercial paper (cost $2,575,586,818) $2,575,586,818 Certificates of deposit (12.9%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- Domestic (4.3%) - ----------------------------------------------------------------------------------------------------------- 22,000,000 Citibank, N.A. 2.4s 3/7/2005 22,000,000 34,000,000 Citibank, N.A. 2.295s 2/22/2005 34,000,000 37,000,000 Wells Fargo & Co. 2.42s 1/7/2005 37,000,000 32,000,000 Wells Fargo & Co. 2.37s 1/4/2005 32,000,000 45,000,000 Wells Fargo Bank N.A. 2.35s 1/7/2005 44,999,999 ------------- 169,999,999 Foreign (8.6%) - ----------------------------------------------------------------------------------------------------------- $25,000,000 Bank of Nova Scotia FRN, Ser. YCD, 2.448s (Canada) 3/4/2005 $25,002,600 27,000,000 Barclays Bank PLC FRN, Ser. YCD1, 2.45s (United Kingdom) 3/24/2005 26,998,476 35,000,000 Barclays Bank PLC Ser. ECD, 2.4475s (United Kingdom) 2/17/2005 34,999,545 72,000,000 Calyon North America, Inc. Ser. ECD, 2.15s (France) 3/30/2005 71,987,831 27,000,000 Den Danske Bank AG Ser. YCD, 2.2s (Denmark) 2/10/2005 27,000,000 17,000,000 Lloyds TSB Bank PLC FRN, Ser. YCD, 2.32s (United Kingdom) 9/30/2005 16,989,715 35,000,000 Royal Bank of Scotland PLC FRN, Ser. YCD, 2.425s (United Kingdom) 6/20/2005 34,988,625 25,000,000 Societe Generale FRN, Ser. YCD, 2.38s (France) 6/14/2005 24,996,630 39,000,000 Societe Generale Ser. ECD, 2.53s (France) 4/18/2005 38,998,769 15,000,000 Societe Generale Ser. ECD, 2.24s (France) 2/18/2005 14,996,358 25,000,000 Societe Generale Ser. ECD, 2s (France) 3/7/2005 25,000,000 ------------- 341,958,549 ------------- Total Certificates of deposit (cost $511,958,548) $511,958,548 Corporate bonds and notes (5.3%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- $45,000,000 National City Bank FRN, Ser. BKNT, 2.36s 1/19/2005 $44,999,476 19,700,000 National City Bank FRN, Ser. BKNT, 2.345s 6/23/2005 19,697,182 59,000,000 Toyota Motor Credit Corp. FRN Ser. MTN1, 2.338s (Japan) 1/14/2005 59,000,000 40,000,000 U. S. Bank N.A. FRN, Ser. BKNT, 2.437s 12/5/2005 40,014,597 45,000,000 Wells Fargo Bank NA FRN Ser. BKNT, 2.33s 2/1/2005 45,000,000 ------------- Total Corporate bonds and notes (cost $208,711,255) $208,711,255 U.S. Government Agency Mortgage Obligations (4.3%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- $24,000,000 Federal Home Loan Mortgage Corp. 1.98s 3/8/2005 $23,912,880 27,000,000 Federal Home Loan Mortgage Corp. 1.85s 1/25/2005 26,966,700 25,000,000 Federal National Mortgage Association 2.66s 6/29/2005 24,669,347 40,000,000 Federal National Mortgage Association 2.125s 1/19/2005 39,957,500 15,000,000 Federal National Mortgage Association 2.1s 4/15/2005 14,909,000 41,000,000 Federal National Mortgage Association 1.96s 1/5/2005 40,991,024 ------------- Total U.S. Government Agency Mortgage Obligations (cost $171,406,451) $171,406,451 U.S. Government Agency Obligations (6.1%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- $20,000,000 Fannie Mae notes, 1.6s 5/13/2005 $20,000,000 45,000,000 Fannie Mae notes, 1.49s 2/8/2005 45,000,000 26,700,000 Fannie Mae notes, 1.4s 5/3/2005 26,700,000 45,000,000 Fannie Mae notes, 1.4s 3/29/2005 45,000,000 30,000,000 Fannie Mae notes, 1.35s 4/28/2005 30,000,000 39,500,000 Federal Home Loan Bank bonds, Ser. HL05, 1.45s 3/11/2005 39,500,000 36,000,000 Federal Home Loan Bank bonds, Ser. JX05, 1.4s 4/1/2005 36,000,000 ------------- Total U.S. Government Agency Obligations (cost $242,200,000) $242,200,000 Promissory notes (2.9%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- $40,000,000 Goldman Sachs Group, Inc. (The) 2.199s (acquired 10/26/04, cost $40,000,000) (RES) 4/22/2005 $40,000,000 25,000,000 Goldman Sachs Group, Inc. (The) 2.187s (acquired 10/20/04, cost $25,000,000) (RES) 4/18/2005 25,000,000 50,000,000 Goldman Sachs Group, Inc. (The) 1.945s (acquired 8/25/04, cost $50,000,000) (RES) 2/18/2005 50,000,000 ------------- Total Promissory notes (cost $115,000,000) $115,000,000 Asset backed securities (0.9%) (a) (cost $34,694,526) - ----------------------------------------------------------------------------------------------------------- Principal amount Maturity date Value - ----------------------------------------------------------------------------------------------------------- $34,694,526 TIAA Real Estate CDO, Ltd. 144A FRN, Ser. 03-1A, Class A1MM 2.448s (Cayman Islands) 3/28/2005 $34,694,526 Short-term investments (3.5%) (a) (cost $138,372,000) - ----------------------------------------------------------------------------------------------------------- Principal amount Value - ----------------------------------------------------------------------------------------------------------- $138,372,000 Interest in $700,000,000 joint tri-party repurchase agreement dated December 31, 2004 with Goldman Sachs & Co. due January 3, 2005 with respect to various U.S. Government obligations- maturity value of $138,398,406 for an effective yeild of 2.29% (collateralized by Fannie Mae with yields ranging from 5.00% to 7.00% and due dates ranging from January 1, 2009 to November 1, 2034, valued at $714,000,000) $138,372,000 - ----------------------------------------------------------------------------------------------------------- Total Investments (cost $3,997,929,598) (b) $3,997,929,598 - -----------------------------------------------------------------------------------------------------------
NOTES (a) Percentages indicated are based on net assets of $3,961,354,456. (b) The aggregate identified cost on a financial reporting and tax basis is the same. (RES) Restricted, excluding 144A securities, as to public resale. The total market value of restricted securities held at December 31, 2004 was $115,000,000 or 2.9% of net assets. Pursuant to an exemptive order from the Securities and Exchange Commission, the fund invests in Putnam Prime Money Market Fund, an open-end management investment company managed by Putnam Investment Management, LLC ("Putnam Management"), the fund's manager, an indirect wholly-owned subsidiary of Putnam, LLC. Management fees paid by the fund are reduced by an amount equal to the management fees paid by Putnam Prime Money Market Fund with respect to assets invested by the fund in Putnam Prime Money Market Fund. Income distributions earned by the fund totaled $28,111 for the period ended December 31, 2004. 144A after the name of a security represents those exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. The rates shown on Floating Rate Notes (FRN) are the current interest rates at December 31, 2004. DIVERSIFICATION BY COUNTRY Distribution of investments by country of issue at December 31, 2004: (as a percentage of Market Value) Australia 2.6% Canada 0.6 Cayman Islands 0.9 Denmark 0.7 France 7.1 Japan 2.6 Netherlands 8.0 Sweden 3.1 Switzerland 2.6 United Kingdom 6.0 United States 65.4 Other 0.4 Total 100.0% Security valuation The valuation of the fund's portfolio instruments is determined by means of the amortized cost method (which approximates market value) as set forth in Rule 2a-7 under the Investment Company Act of 1940. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter amortizing any discount or premium from its face value at a constant rate until maturity. Repurchase agreements The fund, or any joint trading account, through its custodian, receives delivery of the underlying securities, the market value of which at the time of purchase is required to be an amount at least equal to the resale price, including accrued interest. Collateral for certain tri-party repurchase agreements is held at the counterparty's custodian in a segregated account for the benefit of the fund and the counterparty. Putnam Management is responsible for determining that the value of these underlying securities is at all times at least equal to the resale price, including accrued interest. For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com Item 2. Controls and Procedures: - -------------------------------- (a) The registrant's principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms. (b) Changes in internal control over financial reporting: Not applicable Item 3. Exhibits: - ------------------ A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Investment Company Act of 1940, as amended, are filed herewith. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and 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. NAME OF REGISTRANT By (Signature and Title): /s/ Michael T. Healy -------------------------- Michael T. Healy Principal Accounting Officer Date: February 28, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title): /s/ Charles E. Porter --------------------------- Charles E. Porter Principal Executive Officer Date: February 28, 2005 By (Signature and Title): /s/ Steven D. Krichmar --------------------------- Steven D. Krichmar Principal Financial Officer Date: February 28, 2005 EX-99.CERT 2 nq_exnn2.txt EX-99.CERT Certifications - -------------- I, Charles E. Porter, the Principal Executive Officer of the funds listed on Attachment A, certify that: 1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: 2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; 3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to each registrant's auditors and the audit committee of each registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant's internal control over financial reporting. /s/ Charles E. Porter Date: February 28, 2005 - ---------------------- ----------------------- Charles E. Porter, Principal Executive Officer Certifications - -------------- I, Steven D. Krichmar, the Principal Financial Officer of the funds listed on Attachment A, certify that: 1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: 2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; 3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to each registrant's auditors and the audit committee of each registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant's internal control over financial reporting. /s/ Steven D. Krichmar Date: February 28, 2005 - ---------------------- ----------------------- Steven D. Krichmar, Principal Financial Officer Attachment A - -------------- Period(s) ended December 31, 2004 Quarterly Portfolios 010 Putnam Money Market Fund 011 Putnam Tax Exempt Income Fund 027 Putnam California Tax Exempt Income Fund 032 Putnam U.S. Government Income Trust 033 Putnam American Government Income Fund 051 Putnam Municipal Income Fund 054 Putnam High Yield Municipal Trust 062 Putnam Tax Exempt Money Market Fund 074 Putnam Master Intermediate Income Trust 075 Putnam Diversified Income Trust 23T Putnam Prime Money Market Fund 539 Putnam International New Opportunities Fund Putnam Asset Allocation Funds 250 Growth Portfolio 259 Balanced Portfolio 264 Conservative Portfolio -----END PRIVACY-ENHANCED MESSAGE-----