Putnam Announces Dividend Rates on Closed-End Funds

The Trustees of The Putnam Funds declared the following distributions at a meeting held today.

EX DATE

RECORD DATE

PAYMENT DATE
FUND NAME AND DISTRIBUTIONS
Putnam High Income Securities Fund (NYSE: PCF)
$0.0459 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam High Yield Municipal Trust (NYSE:PYM)
$0.0325 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Investment Grade Municipal Trust (NYSE:PGM)
$0.0409 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Managed Municipal Income Trust (NYSE:PMM)
$0.0341 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Master Intermediate Income Trust (NYSE:PIM)
$0.0300 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Municipal Bond Fund (NYSE:PMG)
$0.0504 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Municipal Opportunities Trust (NYSE:PMO)
$0.0479 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Premier Income Trust (NYSE: PPT)
$0.0300 per share investment income 6/20/07  6/22/07  7/02/07 
Putnam Tax-Free Health Care Fund (NYSE:PMH)
$0.0470 per share investment income 6/20/07  6/22/07  7/02/07 

About Putnam Investments: Founded in 1937, Putnam Investments is one of the worlds oldest and largest money management firms. As of May 31, 2007, Putnam had $195 billion in assets under management. Mutual fund assets were $123 billion and institutional assets were $72 billion. Putnam has offices in Boston, London, and Tokyo. For more information, go to www.putnam.com.

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