SOURCE: Putnam Investments

Putnam Investments

January 15, 2010 13:40 ET

Putnam Announces Distribution Rates for Open-End Funds

BOSTON, MA--(Marketwire - January 15, 2010) - The Trustees of The Putnam Funds declare the following distributions today.

                                          RECORD       PAYMENT
FUND NAME AND DISTRIBUTIONS               DATE         DATE

Putnam American Government Income Fund - Class B Shares (PAMBX)
$0.0350 per share investment income       01/15/10     01/20/10

Putnam American Government Income Fund - Class C Shares(a)
$0.0350 per share investment income       01/15/10     01/20/10

Putnam American Government Income Fund - Class M Shares (PAMMX)
$0.0390 per share investment income       01/15/10     01/20/10

Putnam American Government Income Fund - Class R Shares (PAMRX)
$0.0390 per share investment income       01/15/10     01/20/10

Putnam American Government Income Fund - Class Y Shares(a)
$0.0430 per share investment income       01/15/10     01/20/10

Putnam Asset Allocation Conservative - Class B Shares (PACBX)
$0.0190 per share investment income       01/15/10     01/20/10

Putnam Asset Allocation Conservative - Class C Shares (PACCX)
$0.0190 per share investment income       01/15/10     01/20/10

Putnam Asset Allocation Conservative - Class M Shares (PACMX)
$0.0210 per share investment income       01/15/10     01/20/10

Putnam Asset Allocation Conservative - Class R Shares (PACRX)
$0.0220 per share investment income       01/15/10     01/20/10

Putnam Asset Allocation Conservative - Class Y Shares (PACYX)
$0.0260 per share investment income       01/15/10     01/20/10

(a) Quotron symbol pending