Putnam Releases Distribution Rates

The Trustees of The Putnam Funds declared the following distributions at a meeting held on June 14, 2007.

RECORD DATE PAYMENT DATE
FUND NAME AND DISTRIBUTIONS
Putnam Convertible Income-Growth Trust - Class B Shares (PCNBX)
$0.0910 per share investment income 6/25/07  6/29/07 
Putnam Convertible Income-Growth Trust - Class C Shares(a)
$0.0940 per share investment income 6/25/07  6/29/07 
Putnam Convertible Income-Growth Trust - Class M Shares (PCNMX)
$0.1050 per share investment income 6/25/07  6/29/07 
Putnam Convertible Income-Growth Trust - Class R Shares (PCVRX)
$0.1200 per share investment income 6/25/07  6/29/07 
Putnam Convertible Income-Growth Trust - Class Y Shares (PCGYX)
$0.1450 per share investment income 6/25/07  6/29/07 
Putnam Equity Income Fund - Class B Shares (PEQNX)
$0.0380 per share investment income 6/25/07  6/29/07 
Putnam Equity Income Fund - Class C Shares (PEQCX)
$0.0400 per share investment income 6/25/07  6/29/07 
Putnam Equity Income Fund - Class M Shares (PEIMX)
$0.0520 per share investment income 6/25/07  6/29/07 
Putnam Equity Income Fund - Class R Shares (PEQRX)
$0.0650 per share investment income 6/25/07  6/29/07 
Putnam Equity Income Fund - Class Y Shares (PEIYX)
$0.0880 per share investment income 6/25/07  6/29/07 
Putnam Global Income Trust - Class B Shares (PGLBX)
$0.0300 per share investment income 6/25/07  6/29/07 
Putnam Global Income Trust - Class C Shares(a)
$0.0300 per share investment income 6/25/07  6/29/07 
Putnam Global Income Trust - Class M Shares (PGGMX)
$0.0360 per share investment income 6/25/07  6/29/07 
Putnam Global Income Trust - Class R Shares (PGBRX)
$0.0360 per share investment income 6/25/07  6/29/07 
Putnam Global Income Trust - Class Y Shares(a)
$0.0420 per share investment income 6/25/07  6/29/07 
Putnam Utilities Growth & Income Fund - Class B Shares (PUTBX)
$0.0170 per share investment income 6/25/07  6/29/07 
Putnam Utilities Growth & Income Fund - Class C Shares(a)
$0.0210 per share investment income 6/25/07  6/29/07 
Putnam Utilities Growth & Income Fund - Class M Shares (PUTMX)
$0.0290 per share investment income 6/25/07  6/29/07 
Putnam Utilities Growth & Income Fund - Class R Shares (PULRX)
$0.0400 per share investment income 6/25/07  6/29/07 
Putnam Utilities Growth & Income Fund - Class Y Shares(a)
$0.0580 per share investment income 6/25/07  6/29/07 
(a) Quotron symbol pending

Contacts:

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

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