PPT Putnam Premier Income Trust

The Trustees of The Putnam Funds declared the following distributions at a meeting held today.

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RECORD

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PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

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Putnam High Yield Advantage Fund � Class B Shares (PHYBX)

$ 0.0320 per share investment income 5/19/09 5/26/09 �

Putnam High Yield Advantage Fund � Class C Shares (pending)

$ 0.0320 per share investment income

5/19/09

5/26/09

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Putnam High Yield Advantage Fund � Class M Shares (PHYMX)

$ 0.0340 per share investment income 5/19/09 5/26/09 �

Putnam High Yield Advantage Fund � Class R Shares (PFJAX)

$ 0.0340 per share investment income 5/19/09 5/26/09 �

Putnam High Yield Advantage Fund � Class Y Shares (PHAYX)

$0.0360 per share investment income 5/19/09 5/26/09 �

Putnam Income Fund � Class B Shares (PNCBX)

$0.0360 per share investment income 5/19/09 5/26/09 �

Putnam Income Fund � Class C Shares (PUICX)

$0.0360 per share investment income 5/19/09 5/26/09 �

Putnam Income Fund � Class M Shares (PNCMX)

$0.0380 per share investment income 5/19/09 5/26/09 �

Putnam Income Fund � Class R Shares (PIFRX)

$0.0380 per share investment income 5/19/09 5/26/09 �

Putnam Income Fund � Class Y Shares (PNCXY)

$0.0400 per share investment income 5/19/09 5/26/09