Putnam Announces Distributions for Open End Funds

* Reuters is not responsible for the content in this press release.

Wed Jul 23, 2008 12:05pm EDT 

BOSTON--(Business Wire)--
The Trustees of The Putnam Funds declared the following
distributions at a recent meeting.

-0-
*T
                                                       RECORD  PAYMENT
                                                      -------- -------
FUND NAME AND DISTRIBUTIONS                             DATE    DATE
----------------------------------------------------- -------- -------

Putnam High Yield Trust - Class B Shares (PHBBX)
-----------------------------------------------------
$0.0400 per share investment income                   7/23/08  7/25/08

Putnam High Yield Trust - Class C Shares (PCHYX)
-----------------------------------------------------
$0.0400 per share investment income                   7/23/08  7/25/08

Putnam High Yield Trust - Class M Shares (PHIMX)
-----------------------------------------------------
$0.0430 per share investment income                   7/23/08  7/25/08

Putnam High Yield Trust - Class R Shares (PHDRX)
-----------------------------------------------------
$0.0430 per share investment income                   7/23/08  7/25/08

Putnam High Yield Trust - Class Y Shares (PHYYX)
-----------------------------------------------------
$0.0470 per share investment income                   7/23/08  7/25/08

Putnam Income Strategies Fund - Class B Shares(PBIOX)
-----------------------------------------------------
$0.0310 per share investment income                   7/23/08  7/25/08

Putnam Income Strategies Fund - Class C Shares(PCIOX)
-----------------------------------------------------
$0.0300 per share investment income                   7/23/08  7/25/08

Putnam Income Strategies Fund - Class M Shares(a)
-----------------------------------------------------
$0.0330 per share investment income                   7/23/08  7/25/08

Putnam Income Strategies Fund - Class R Shares(a)
-----------------------------------------------------
$0.0360 per share investment income                   7/23/08  7/25/08

Putnam Income Strategies Fund - Class Y Shares(PIIYX)
-----------------------------------------------------
$0.0390 per share investment income                   7/23/08  7/25/08

(a) Quotron symbol pending
*T

Putnam Investments
SHAREHOLDERS
1-800-225-1581
or
MEDIA
Nancy Fisher, 617-760-1608
or
Dawn Freeman, 617-760-1744

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