Putnam Announces Distribution Rate for Open-End Fund

The Trustees of The Putnam Funds declared the following distributions.

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

Putnam Retirement Ready Maturity Fund - Class A Shares

$0.1430 per share investment income 2/26/08 3/3/08

Contacts:

Putnam Investments
SHAREHOLDERS
1-800-225-1581
or
MEDIA
Sinead Martin, 617-760-8515

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