SOURCE: Putnam Investments

Putnam Investments

December 22, 2009 14:09 ET

Putnam Announces Dividend Rates for Class A Open-End Funds

BOSTON, MA--(Marketwire - December 22, 2009) - The Trustees of The Putnam Funds declared the following distributions at a meeting held today.

                                                       RECORD     PAYMENT
FUND NAME AND DISTRIBUTIONS                             DATE       DATE
---------------------------                            ------     -------

Putnam Absolute Return 100 Fund - Class A Shares (PARTX)
$0.0330 per share investment income                  12/23/2009  12/28/2009
$0.0010 per share long-term capital gain
$0.0340 per share total

Putnam Absolute Return 300 Fund - Class A Shares (PTRNX)
$0.1030 per share investment income                  12/23/2009  12/28/2009

Putnam Absolute Return 500 Fund - Class A Shares (PJMDX)
$0.1140 per share investment income                  12/23/2009  12/28/2009
$0.0413 per share short-term capital gain
$0.0360 per share long-term capital gain
$0.1913 per share total

Putnam Absolute Return 700 Fund - Class A Shares (PDMAX)
$0.1500 per share investment income                  12/23/2009  12/28/2009
$0.0240 per share short-term capital gain
$0.0270 per share long-term capital gain
$0.2010 per share total

Putnam Global Income Trust - Class A Shares (PGGIX)
$0.7140 per share extra taxable income (a)           12/23/2009  12/30/2009

Putnam Income Strategies Fund - Class A Shares (PISFX)
0.1540 per share extra taxable income (a)            12/23/2009  12/28/2009

(a) Please note that the regular distribution rate of:  $0.0870 per share
investment income for Putnam Global Income Trust - Class A Shares (PGGIX),
and $0.0360 per share investment income for Putnam Income Strategies Fund -
Class A Shares (PISFX) were previously declared on the 12/10/2009 press
release.

Section 19 Disclosure

Global Income Trust

.024 per share of this fund's dividend represents a foreign currency gain. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2010, we will provide final information about all 2009 distributions for your tax filing. See the additional disclosure below for more details.

Income Strategies

.017 per share of this fund's dividend represents a return of capital. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2010, we will provide final information about all 2009 distributions for your tax filing. See the additional disclosure below for more details

Additional Disclosure

If a fund's dividend included an estimated distribution such as a return of capital or capital gain: For the purposes of this disclosure, a fund's dividend sources are determined in accordance with accounting principles, which may vary from federal tax treatment. The sources of dividends are estimated at the time of declaration. Actual results may vary. Any non-taxable return of capital cannot be determined until after the end of the fund's fiscal year. In January 2010, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.