SOURCE: Putnam Investments

Putnam Investments

December 17, 2009 14:06 ET

Putnam Announces Distribution Rates for Open End Funds

BOSTON, MA--(Marketwire - December 17, 2009) - The Trustees of The Putnam Funds declared the following distributions.

                                                  RECORD         PAYMENT
FUND NAME AND DISTRIBUTIONS                        DATE           DATE
---------------------------                       ------         -------
Putnam American Government Income Fund - Class B Shares (PAMBX)
$ 0.0320 per share investment income            12/17/2009      12/21/2009

Putnam American Government Income Fund - Class C Shares(a)
$0.0320 per share investment income             12/17/2009      12/21/2009

Putnam American Government Income Fund - Class M Shares (PAMMX)
$0.0360 per share investment income             12/17/2009      12/21/2009

Putnam American Government Income Fund - Class R Shares (PAMRX)
$0.0360 per share investment income             12/17/2009      12/21/2009

Putnam American Government Income Fund - Class Y Shares(a)
$0.0400 per share investment income             12/17/2009      12/21/2009

Putnam Asset Allocation: Balanced Portfolio - Class B Shares (PABBX)
$0.0490 per share investment income             12/17/2009      12/21/2009
$0.2710 per share extra taxable income
$0.3200 per share total

Putnam Asset Allocation: Balanced Portfolio - Class C Shares (AABCX)
$0.0500 per share investment income             12/17/2009      12/21/2009
$0.2710 per share extra taxable income
$0.3210 per share total

Putnam Asset Allocation: Balanced Portfolio - Class M Shares (PABMX)
$0.0570 per share investment income             12/17/2009      12/21/2009
$0.2710 per share extra taxable income
$0.3280 per share total

Putnam Asset Allocation: Balanced Portfolio - Class R Shares (PAARX)
$0.0630 per share investment income             12/17/2009      12/21/2009
$0.2710 per share extra taxable income
$0.3340 per share total

Putnam Asset Allocation: Balanced Portfolio - Class Y Shares (PABYX)
$0.0750 per share investment income             12/17/2009      12/21/2009
$0.2710 per share extra taxable income
$0.3460 per share total

Putnam Asset Allocation: Conservative Portfolio- Class B Shares (PACBX)
$0.0190 per share investment income             12/17/2009      12/21/2009
$0.1870 per share extra taxable income
$0.2060 per share total

Putnam Asset Allocation: Conservative Portfolio - Class C Shares (PACCX)
$0.0190 per share investment income             12/17/2009      12/21/2009
$0.1870 per share extra taxable income
$0.2060 per share total

Putnam Asset Allocation: Conservative Portfolio - Class M Shares (PACMX)
$0.0200 per share investment income             12/17/2009      12/21/2009
$0.1870 per share extra taxable income
$0.2070 per share total

Putnam Asset Allocation: Conservative Portfolio - Class R Shares (PACRX)
$0.0220 per share investment income             12/17/2009      12/21/2009
$0.1870 per share extra taxable income
$0.2090 per share total

Putnam Asset Allocation: Conservative Portfolio - Class Y Shares (PACYX)
$0.0260 per share investment income             12/17/2009      12/21/2009
$0.1870 per share extra taxable income
$0.2130 per share total

Putnam Asset Allocation: Equity Portfolio– Class Y Shares(a)
$0.9550 per share investment income             12/17/2009      12/21/2009
$1.5530 per short-term capital gain
$2.508 per share total

Putnam Asset Allocation: Growth Portfolio - Class B Shares (PAEBX)
$0.4060 per share investment income             12/17/2009      12/21/2009

Putnam Asset Allocation: Growth Portfolio - Class C Shares (PAECX)
$0.4130 per share investment income             12/17/2009      12/21/2009

Putnam Asset Allocation: Growth Portfolio - Class M Shares (PAGMX)
$0.4390 per share investment income             12/17/2009      12/21/2009

Putnam Asset Allocation: Growth Portfolio - Class R Shares (PASRX)
$0.4690 per share investment income             12/17/2009      12/21/2009

Putnam Asset Allocation: Growth Portfolio - Class Y Shares (PAGYX)
$0.5100 per share investment income             12/17/2009      12/21/2009

(a) Quotron symbol pending