The Trustees of The Putnam Funds declared the following distributions at a meeting held September 6, 2007.
| EX | RECORD | PAYMENT | |||
| FUND NAME AND DISTRIBUTIONS | DATE | DATE | DATE | ||
| Putnam High Income Securities Fund (NYSE: PCF) | |||||
| $0.0459 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam High Yield Municipal Trust (NYSE:PYM) | |||||
| $0.0325 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam Investment Grade Municipal Trust (NYSE:PGM) | |||||
| $0.0409 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam Managed Municipal Income Trust (NYSE:PMM) | |||||
| $0.0341 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam Master Intermediate Income Trust (NYSE:PIM) | |||||
| $0.0300 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam Municipal Bond Fund (NYSE:PMG) | |||||
| $0.0504 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam Municipal Opportunities Trust (NYSE:PMO) | |||||
| $0.0479 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
| Putnam Premier Income Trust (NYSE: PPT) | |||||
| $0.0300 per share investment income | 9/20/07 | 9/24/07 | 10/01/07 | ||
About Putnam
Founded in 1937, Putnam Investments is one of the nation's oldest and largest money management firms. As of July 31, 2007, Putnam managed $187 billion in assets, of which $116 billion is for mutual fund investors and $71 billion is for institutional accounts. Putnam has offices in Boston, London and Tokyo. For more information, go to www.putnam.com
Contacts:
SHAREHOLDERS
1-800-225-1581
or
MEDIA
Sinead
Martin, 617-760-8515
