Putnam Investments and the Board of Trustees of the Putnam Funds today announced that the annual meeting of shareholders of Putnam Municipal Opportunities Trust will be held on February 25, 2010 at 11:00 a.m., Boston time, at the principal offices of the fund on the 8th floor of One Post Office Square, Boston, Massachusetts. The meeting is expected to consider a proposal to fix the number of Trustees at 14 and elect nominees for the fund's Trustees. Shareholders of record at the close of business on December 14, 2009 are entitled to be present and to vote at the meeting or any adjourned meeting.

About Putnam Investments

Founded in 1937, Putnam Investments is a leading global money management firm with over 70 years of investment experience. At the end of November 2009, Putnam had $114 billion in assets under management. Putnam has offices in Boston, London, Frankfurt, Amsterdam, Tokyo, Singapore, and Sydney. For more information, visit putnam.com.

Putnam mutual funds are distributed by Putnam Retail Management.

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