EX-99

PricewaterhouseCoopers LLP
125 High Street
Boston, MA 02110 1707
Telephone (617) 530 5000
Facsimile (617) 530 5001
www.pwc.com

Report of Independent Registered Public Accounting Firm

To the Trustees and Shareholders of Putnam New Opportunities Fund:


In planning and performing our audit of the financial statements
of Putnam New Opportunities Fund ("the Fund") as of and for the
year ended June 30, 2008, in accordance with the standards of the
Public Company Accounting Oversight Board (United States), we
considered the Funds internal control over financial reporting,
including controls over safeguarding securities, as a basis for
designing our auditing procedures for the purpose of expressing
our opinion on the financial statements and to comply with the
requirements of Form N SAR, but not for the purpose of expressing
an opinion on the effectiveness of the Funds internal control
over financial reporting.  Accordingly, we do not express an
opinion on the effectiveness of the Funds internal control over
financial reporting.

The management of the Fund is responsible for establishing and
maintaining effective internal control over financial reporting.
In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of controls.  A funds internal control over
financial reporting is a process designed 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.  A
funds internal control over financial reporting includes those
policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect
the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and
that receipts and expenditures of the fund are being made only in
accordance with authorizations of management and trustees of the
company; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use
or disposition of a funds assets that could have a material
effect on the financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree
of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing their
assigned functions, to prevent or detect misstatements on a
timely basis.  A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial
reporting, such that there is a reasonable possibility that a
material misstatement of the Funds annual or interim financial
statements will not be prevented or detected on a timely basis.

Our consideration of the Funds internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies in
internal control over financial reporting that might be material
weaknesses under standards established by the Public Company
Accounting Oversight Board (United States).  However, we noted no
deficiencies in the


Funds internal control over financial reporting and its
operation, including controls over safeguarding securities, that
we consider to be material weaknesses as defined above as of June
30, 2008.

This report is intended solely for the information and use of
management and the Board of Trustees of Putnam New Opportunities
Fund and the Securities and Exchange Commission and is not
intended to be and should not be used by anyone other than these
specified parties.



/s/ PricewaterhouseCoopers LLP
August 8, 2008

EX-99

852 Putnam New Opportunities Fund attachment
6/30/08 Annual


Because of the electronic format for filing Form N SAR does not
provide adequate space for responding to certain items
correctly,
the correct answers are as follows:

53A	For the year ended June 30, 2008, Putnam Management has
assumed $7,082 of legal, shareholder servicing and
communication, audit and Trustee fees incurred by the fund in
connection with certain legal and regulatory matters

74U1 (000s omitted)

Class A	53,660
Class B	6,566
Class C	608

74U2 (000s omitted)

Class M	1,126
Class R	68
Class Y	7,011

74V1

Class A	48.18
Class B	42.40
Class C	44.99

74V2

Class M	44.65
Class R	47.56
Class Y	50.13



Item 61

Additional Information About Minimum Required Investment

Shareholders can open a fund account with as little as $500 and
make subsequent investments in any amount. The minimum
investment is waived if you make regular investments weekly,
semi monthly, or monthly through automatic deductions through
your bank checking or savings account. Currently, Putnam is
waiving the minimum, but reserves the right to reject initial
investments under the minimum.

Item 85B

Additional Information About Errors and Omissions Policy

While no claims with respect to the Registrant/Series were filed
under such policy during the period, requests under such policy
for reimbursement of legal expenses and costs arising out of
claims of market timing activity in the Putnam Funds have been
submitted by the investment manager of the Registrant/Series.

EX-99

852 Putnam New Opportunities Fund attachment
6/30/08 Annual


New accounting pronouncements

In June 2006, the Financial Accounting Standards Board (FASB)
issued Interpretation No. 48, Accounting for Uncertainty in
Income Taxes (the Interpretation). The Interpretation
prescribes a minimum threshold for financial statement
recognition of the benefit of a tax position taken or expected to
be taken by a filer in the filers tax return. Upon adoption, the
Interpretation did not have a material effect on the funds
financial statements. However, the conclusions regarding the
Interpretation may be subject to review and adjustment at a later
date based on factors including, but not limited to, further
implementation guidance expected from the FASB, and on going
analysis of tax laws, regulations and interpretations thereof.

In September 2006, the FASB issued Statement of Financial
Accounting Standards No. 157, Fair Value Measurements (the
Standard). The Standard defines fair value, sets out a
framework for measuring fair value and expands disclosures about
fair value measurements. The Standard applies to fair value
measurements already required or permitted by existing standards.
The Standard is effective for fiscal years beginning after
November 15, 2007 and interim periods within those fiscal years.
Putnam Management does not believe the adoption of the Standard
will impact the amounts reported in the financial statements;
however, additional disclosures will be required about the inputs
used to develop the measurements of fair value.

In March 2008, Statement of Financial Accounting Standards No.
161, Disclosures about Derivative Instruments and Hedging
Activities (SFAS 161) an amendment of FASB Statement No. 133
(SFAS 133), was issued and is effective for fiscal years
beginning after November 15, 2008. SFAS 161 requires enhanced
disclosures about how and why an entity uses derivative
instruments and how derivative instruments affect an entitys
financial position. Putnam Management is currently evaluating the
impact the adoption of SFAS 161 will have on the funds financial
statement disclosures.