ADDING and REPLACING Putnam Announces Distribution Rates for Closed-End Funds

Add to the end of the release:

Section 19 Disclosure

High Income Securities

Putnam estimates that .0426 per share of the fund’s dividend is paid from accumulated net investment income and .0013 per share represents a return of capital. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund fiscal year. In January 2011, you will receive final information as to the Federal tax status of this and other distributions from the fund in the preceding calendar year.

The corrected release reads:

PUTNAM ANNOUNCES DISTRIBUTION RATES FOR CLOSED-END FUNDS

The Trustees of The Putnam Funds declared the following distributions today.

EX

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

DATE

Putnam High Income Securities Fund (NYSE: PCF) (CUSIP: 746779-10-7)

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          $0.0439 per share investment income
        
        
        
        
          04/21/10
        
        
        
        
        
        
          04/23/10
        
        
        
        
        
        
          05/03/10
        
      
      
        
           
        
      
      
        
          

Putnam Master Intermediate Income Trust (NYSE:PIM) (CUSIP: 746909-10-0)

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          $0.0530 per share investment income
        
        
        
        
          04/21/10
        
        
        
        
        
        
          04/23/10
        
        
        
        
        
        
          05/03/10
        
      
      
        
           
        
      
      
        
          

Putnam Premier Income Trust (NYSE: PPT) (CUSIP: 746853-10-0)

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          $0.0570 per share investment income
        
        
        
        
          04/21/10
        
        
        
        
        
        
          04/23/10
        
        
        
        
        
        
          05/03/10
        
      
      
        
           
        
      
      
        
          

Putnam Managed Municipal Income Trust (NYSE:PMM) (CUSIP: 746-823-10-3)

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          $0.0440 per share investment income
        
        
        
        
          04/21/10
        
        
        
        
        
        
          04/23/10
        
        
        
        
        
        
          05/03/10
        
      
      
        
           
        
      
      
        
          

Putnam Municipal Opportunities Trust (NYSE:PMO) (CUSIP: 746922-10-3)

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
      
      
        
          $0.0663 per share investment income
        
        
        
        
          04/21/10
        
        
        
        
        
        
          04/23/10
        
        
        
        
        
        
          05/03/10
        
      
    
    

Section 19 Disclosure

High Income Securities

Putnam estimates that .0426 per share of the fund’s dividend is paid from accumulated net investment income and .0013 per share represents a return of capital. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund fiscal year. In January 2011, you will receive final information as to the Federal tax status of this and other distributions from the fund in the preceding calendar year.