SOURCE: Putnam Investments

Putnam Investments

December 24, 2009 12:41 ET

Putnam Announces Dividend Rates for Class A Open-End Funds

BOSTON, MA--(Marketwire - December 24, 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 Capital Spectrum Fund  - Class A Shares (PVSAX)
-----------------------------------------------------
$0.1350 per share investment income (a)                 12/28/09  12/30/09
$0.0500 per share extra taxable income
$0.3140 per share short-term gain
---------------------------------
$0.4990 per share total

Putnam Equity Spectrum Fund - Class A Shares (PYSAX)
---------------------------------------------------
$0.0450 per share investment income                     12/28/09  12/30/09
$0.6120 per share short-term gain
---------------------------------
$0.6570 per share total

Putnam Equity Income Fund - Class A Shares (PEYAX)
-------------------------------------------------
$0.0480 per share investment income (a)                 12/28/09  12/30/09
$0.0320 per share extra taxable income
--------------------------------------
$0.0800 per share total

Putnam Global Utilities Fund - Class A Shares (PUGIX)
$0.0700 per share investment income (a)                 12/28/09  12/30/09
$0.1060 per share extra taxable income
--------------------------------------
$0.1760 per share total

(a) Please note that the regular quarterly distribution for this fund was
    previously declared on the 12/10/09 press release.

Section 19 Disclosure

Equity Income Fund

.001 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

Global Utilities Fund

.022 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.