PPT Putnam Premier Income Trust

In the news release, "Putnam Announces Distribution Rates on Closed-End Funds," issued earlier today by Putnam Investments, we are advised by the company that the September "EX DATE" for the funds should read "9/22/10" rather than "9/20/10" as originally issued. Complete corrected text follows.

Putnam Announces Distribution Rates on Closed-End Funds

BOSTON, MA -- September 17, 2010 -- The Trustees of The Putnam Funds declare the following distributions.

                                                  EX       RECORD   PAYMENT
FUND NAME AND DISTRIBUTIONS                       DATE     DATE     DATE
------------------------------------------------- -------- -------- --------

Putnam High Income Securities Fund (NYSE: PCF)
(CUSIP: 746779-10-7)
-------------------------------------------------
$.0439 per share investment income                9/22/10  9/24/10  10/01/10
                                                  10/20/10 10/22/10 11/01/10

Putnam Managed Municipal Income Trust (NYSE: PMM)
(CUSIP: 746823-10-3)
-------------------------------------------------
$.0440 per share investment income                9/22/10  9/24/10  10/01/10
                                                  10/20/10 10/22/10 11/01/10

Putnam Master Intermediate Income Trust
(NYSE: PIM) (CUSIP: 746909-10-0)
-------------------------------------------------
$0.0530 per share investment income               9/22/10  9/24/10  10/01/10
                                                  10/20/10 10/22/10 11/01/10

Putnam Municipal Opportunities Trust (NYSE: PMO)
(CUSIP: 746922-10-3)
-------------------------------------------------
$0.0663 per share investment income               9/22/10  9/24/10  10/01/10
                                                  10/20/10 10/22/10 11/01/10

Putnam Premier Income Trust (NYSE: PPT)
(CUSIP: 746853-10-0)
-------------------------------------------------
$0.0590 per share investment income               9/22/10  9/24/10  10/01/10
                                                  10/20/10 10/22/10 11/01/10

Section 19 Disclosure

Premier Income Trust Putnam estimates that $0.0444 per share of the fund's dividend is paid from accumulated net investment income and $0.0146 per share represents a foreign currency gain. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund fiscal year. In January 2011, you will receive final information as to the Federal tax status of this and other distributions from the fund in the preceding calendar year.

Shareholders 1-800-225-1581 Media Contact: Jennifer Santos 617-760-8582