EX-99

841 Putnam International Equity Fund
6/30/12 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:

72DD1 	        Class A	  44,367
		Class B	  1,362
		Class C	  2,672

72DD2	        Class M	  884
		Class R	  167
		Class y	  3,505

73A1		Class A	  0.888
		Class B	  0.705
		Class C	  0.744

73A2		Class M	  0.793
		Class R	  0.843
		Class Y	  0.939

73C1            Class A	  0.069
		Class B	  0.054
		Class C	  0.057

73C2            Class M	  0.061
		Class R	  0.065
		Class Y	  0.072

74U1		Class A	  46,826
		Class B	  1,601
		Class C	  3,317

74U2		Class M	  1,030
		Class R	  137
		Class Y	  3,399

74V1		Class A	  16.78
		Class B	  15.95
		Class C	  16.22

74V2		Class M	  16.34
		Class R	  16.52
		Class Y	  17.00


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

Report of Independent Registered Public Accounting Firm


To the Trustees and Shareholders of Putnam
International Equity Fund:

In planning and performing our audit of the financial
statements of Putnam International Equity Fund (the Fund) as
of and for the year ended June 30, 2012, 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 NSAR, 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, 2012.

This report is intended solely for the information and use
of management and the Board of Trustees of Putnam
International Equity 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



Boston, Massachusetts
August 10, 2012




PricewaterhouseCoopers LLP, 125 High Street, Boston, MA 02110
T: (617) 530 5000, F:(617) 530 5001, www.pwc.com/us

EX-99

Putnam International Equity Fund


In late 2003 and 2004, Putnam Management settled charges
brought by the SEC and the Massachusetts Securities
Division in connection with excessive short term trading in
Putnam funds. In July 2011, the fund recorded a receivable
of $17,870,838 related to restitution amounts in connection
with a distribution plan approved by the SEC. This amount,
which was received by the fund in December 2011, is reported
as part of Increase in capital from settlement payments on
the Statement of changes in net assets. These allegations
and related matters have served as the general basis for
certain lawsuits, including purported class action lawsuits
against Putnam Management and,in a limited number of cases,
some Putnam funds. In May 2011, the fund received a payment
of $831,529 related to settlement of those lawsuits. This
amount is reported as a part of Increase in capital from
settlement payments on the Statement of changes in net assets.
Putnam Management has agreed to bear any costs incurred by
the Putnam funds as a result of these matters.

EX-99

Putnam International Equity Fund
77L New Accounting Pronouncements


In May 2011, the Financial Accounting Standards Board (FASB)
issued Accounting Standards Update (ASU) 2011 04 Fair Value
Measurements and Disclosures (Topic 820)  Amendments to
Achieve Common Fair Value Measurement and Disclosure
Requirements in U.S. GAAP and IFRS. ASU 2011 04 amends FASB
Topic 820 Fair Value Measurement and seeks to develop common
requirements for measuring fair value and for disclosing
information about fair value measurements in accordance with
GAAP. ASU 2011 04 is effective for fiscal years and interim
periods beginning after December 15, 2011. The application
of ASU 2011 04 will not have a material impact on the funds
financial statements.

In December 2011, the FASB issued ASU No. 2011 11 Disclosures
about Offsetting Assets and Liabilities. The update creates
new disclosure requirements requiring entities to disclose
both gross and net information for derivatives and other
financial instruments that are either offset in the Statement
of assets and liabilities or subject to an enforceable master
netting arrangement or similar agreement. The disclosure
requirements are effective for annual reporting periods
beginning on or after January 1, 2013 and interim periods
within those annual periods. Putnam Management is currently
evaluating the application of ASU 2011 11 and its impact,
if any, on the funds financial statements.