Putnam Announces Dividend Rates for Open-End Funds

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Mon May 18, 2009 5:32pm EDT

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

                                                                             RECORD       PAYMENT  
 FUND NAME AND DISTRIBUTIONS                                                 DATE         DATE     
                                                                                        
 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  


Putnam Investments
Shareholders:
1-800-225-1581
or
Media Contact:
Jennifer Santos, 617-760-1229 



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