Putnam Arizona Tax Exempt Income Fund – ‘40-17F2’ on 8/11/08 re: Putnam Income Fund

On:  Monday, 8/11/08, at 10:09am ET   ·   Effective:  8/11/08   ·   Accession #:  869392-8-184   ·   File #:  811-00653

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Certificate of Accounting of Securities in the Custody of a Management Investment Company   —   Form N-17F-2
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 40-17F2     Certificate of Accounting of Securities in the         1      6K 
                          Custody of a Management Investment                     
                          Company                                                
 2: EX-99       Miscellaneous Exhibit                                  2±     9K 
 3: EX-99       Miscellaneous Exhibit                                 28±   111K 

40-17F2   —   Certificate of Accounting of Securities in the Custody of a Management Investment Company

Management Statement Regarding Compliance with Certain Provisions               
of the Investment Company Act of 1940                                           

We, as members of management of Putnam Fiduciary Trust Company on               
behalf of the Putnam Funds (the Funds), are responsible for                     
complying with the requirements of subsections (b) and (c) of                   
Rule 17f-2, Custody of Investments by Registered Management                     
Investment Companies, of the Investment Company Act of 1940.  We                
are also responsible for establishing and maintaining effective                 
internal controls over compliance with those requirements.  We                  
have performed an evaluation of the Fund compliance with the                    
requirements of subsections (b) and (c) of Rule 17f-2 as of March               
30, 2007, and from October 27, 2006 through March 30, 2007.                     

Based on this evaluation, we assert that the Funds were in                      
compliance with the requirements of subsections (b) and (c) of                  
Rule 17f-2 of the Investment Company Act of 1940 as of March 30,                
2007, and from October 27, 2006 through March 30, 2007, with                    
respect to securities reflected in the investment accounts of the               
Funds.                                                                          

Putnam Fiduciary Trust Company                                                  

By:                                                                             

Judd Symon                                                                      
Senior Vice President                                                           
Custody Services                                                                

July 12, 2007                                                                   

Date                                                                            

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘40-17F2’ Filing		Date		Other Filings
Filed on / Effective on:		8/11/08		40-17F2
		7/12/07
		3/30/07
		10/27/06
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