The Trustees of The Putnam Funds declared the following distributions.

ďż˝ ďż˝

RECORD

ďż˝ ďż˝

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

ďż˝

Putnam Retirement Ready Maturity Fund - Class B Shares

$0.1560 per share investment income 4/28/09 4/30/09 ďż˝

Putnam Retirement Ready Maturity Fund - Class C Shares

$0.1500 per share investment income 4/28/09 4/30/09 ďż˝

Putnam Retirement Ready Maturity Fund - Class M Shares

$0.1640 per share investment income 4/28/09 4/30/09 ďż˝

Putnam Retirement Ready Maturity Fund - Class R Shares

$0.1740 per share investment income 4/28/09 4/30/09 ďż˝

Putnam Retirement Ready Maturity Fund ďż˝ Class Y Shares

$0.1920 per share investment income 4/28/09 4/30/09
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