The Trustees of The Putnam Funds declare the following distributions today.
                                               EX        RECORD    PAYMENT
FUND NAME AND DISTRIBUTIONS                    DATE      DATE      DATE
---------------------------                    --------  --------  --------

Putnam Master Intermediate Income Trust
 (NYSE: PIM) (CUSIP: 746909-10-0)
$0.4410 per share extra taxable income (a)     12/22/09  12/24/09  01/04/10

Putnam Premier Income Trust (NYSE: PPT)
 (CUSIP: 746853-10-0)
$0.2110 per share extra taxable income (b)     12/22/09  12/24/09  01/04/10

(a) Please note: This is in addition to Putnam Master Intermediate Income Trust's regular distribution rate of $0.0530, previously announced in a December 10, 2009 press release.

(b) Please note: This is in addition to Putnam Premier Income Trust's regular distribution rate of $0.0500, previously announced in a December 10, 2009 press release.

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