PPT Putnam Premier Income Trust

Putnam Investments today released call schedule information on certain of its closed-end fixed income funds. This call schedule reflects the percentage of assets in each portfolio, as of December 31, 2005, representing bonds with call (redemption) dates in each specified year. Putnam and the funds make no representations regarding whether or not any bond will be called or whether or not a fund will hold any bond until the next call date. Each fund's holdings are subject to change. -0- *T Call Data - Tax Exempt Funds Fund Name 2006 2007 2008 2009 2010 2011 Putnam Investment Grade Municipal Trust (NYSE:PGM) 8.1% 12.6% 4.7% 4.3% 8.8% 4.7% Putnam Municipal Bond Fund (NYSE:PMG) 8.1% 8.5% 1.9% 5.7% 9.2% 8.0% Putnam Managed Municipal Income Trust (NYSE:PMM) 9.9% 8.3% 6.5% 7.7% 8.9% 5.3% Putnam Municipal Opportunities Trust (NYSE:PMO) 9.1% 7.1% 2.0% 4.3% 3.4% 6.5% Putnam High Yield Municipal Trust (NYSE:PYM) 8.1% 5.4% 6.2%10.0% 7.7% 8.6% Putnam Tax-Free Health Care Fund (NYSE:PMH) 1.3% 1.7% 7.8%10.4% 7.2% 9.4% Putnam California Investment Grade Municipal Trust (AMEX:PCA) 1.2% 2.9% 5.6% 8.0% 2.3% 1.4% Putnam New York Investment Grade Municipal Trust (AMEX: PMN) 6.2% 0.6% 5.5% 0.0% 3.2% 8.5% Data represent percentages of gross assets. Cash is included in 2006 Call Data - Taxable Funds Fund Name 2006 2007 2008 2009 2010 2011 Putnam Premier Income Trust (NYSE:PPT) 1.81% 2.55% 4.73% 3.40% 1.27% 0.88% Putnam Master Intermediate Income Trust (NYSE:PIM) 1.81% 2.83% 4.84% 3.18% 1.31% 0.87% Putnam Managed High Yield Trust (NYSE:PTM) 7.79% 12.28% 21.45% 17.81% 9.11% 3.30% ------------------------------------- Data represent percentages of gross assets, excluding cash. Notes 1. Percentages are of each fund's total assets other than cash as of 12/31/2005, and reflect rounding. 2. Table excludes callable bonds currently in default. For each bond, the table reflects the next call date and does not account for extraordinary call features. 3. Currently callable bonds are included in 2006 figures. *T To access this and other information on Putnam's closed-end funds, please visit www.putnaminvestments.com and select "Mutual funds" from the "Investment Choices" tab on the Individual Investor site home page. Within the mutual fund section, scroll down to find Putnam closed-end funds. This link provides fund details, daily pricing and yield information, semiannual and annual reports, and other information about Putnam closed-end funds. About Putnam Investments: Founded in 1937, Putnam Investments is one of the nation's oldest and largest money management firms. As of January 31, 2006, Putnam managed $192 billion in assets, of which mutual fund assets were $128 billion and institutional assets were $64 billion. Putnam has offices in Boston, London and Tokyo. For more information, go to www.putnaminvestments.com.