PUGIX Putnam Global Utilities Fund Class A (MM)

The Trustees of The Putnam Funds declared the following distributions at a meeting held today.

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RECORD

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PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

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Putnam American Government Income Fund � Class B Shares (PAGVX)

$ 0.0270 per share investment income 5/18/09 5/20/09 �

Putnam American Government Income Fund � Class C Shares (PAGVX)

$ 0.0280 per share investment income 5/18/09 5/20/09 �

Putnam American Government Income Fund � Class M Shares (PAGVX)

$ 0.0310 per share investment income 5/18/09 5/20/09 �

Putnam American Government Income Fund � Class R Shares (PAGVX)

$ 0.0320 per share investment income 5/18/09 5/20/09 �

Putnam American Government Income Fund � Class Y Shares (PAGVX)

$ 0.0350 per share investment income 5/18/09 5/20/09 �

Putnam Asset Allocation Conservative Fund � Class B Shares (PACAX)

$ 0.0190 per share investment income 5/18/09 5/20/09 �

Putnam Asset Allocation Conservative Fund � Class C Shares (PACAX)

$ 0.0190 per share investment income 5/18/09 5/20/09 �

Putnam Asset Allocation Conservative Fund � Class M Shares (PACAX)

$ 0.0210 per share investment income 5/18/09 5/20/09 �

Putnam Asset Allocation Conservative Fund � Class R Shares (PACAX)

$ 0.0220 per share investment income 5/18/09 5/20/09 �

Putnam Asset Allocation Conservative Fund � Class Y Shares (PACAX)

$ 0.0260 per share investment income 5/18/09 5/20/09