Putnam Declares Distributions for Open-End Funds

May 22, 2008 1:59 PM EDT

BOSTON--(BUSINESS WIRE)--

The Trustees of The Putnam Funds declared the following distributions at a meeting held on May 8, 2008.

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

Putnam High Yield Trust - Class B Shares (PHBBX)
------------------------------------------------------
$0.0440 per share investment income                    5/22/08 5/27/08

Putnam High Yield Trust - Class C Shares (PCHYX)
------------------------------------------------------
$0.0440 per share investment income                    5/22/08 5/27/08

Putnam High Yield Trust - Class M Shares (PHIMX)
------------------------------------------------------
$0.0470 per share investment income                    5/22/08 5/27/08

Putnam High Yield Trust - Class R Shares (PHDRX)
------------------------------------------------------
$0.0470 per share investment income                    5/22/08 5/27/08

Putnam High Yield Trust - Class Y Shares (PHYYX)
------------------------------------------------------
$0.0510 per share investment income                    5/22/08 5/27/08

Putnam Income Strategies Fund - Class B Shares(PBIOX)
------------------------------------------------------
$0.0300 per share investment income                    5/22/08 5/27/08

Putnam Income Strategies Fund - Class C Shares(PCIOX)
------------------------------------------------------
$0.0300 per share investment income                    5/22/08 5/27/08

Putnam Income Strategies Fund - Class M Shares(a)
------------------------------------------------------
$0.0320 per share investment income                    5/22/08 5/27/08

Putnam Income Strategies Fund - Class R Shares(a)
------------------------------------------------------
$0.0330 per share investment income                    5/22/08 5/27/08

Putnam Income Strategies Fund - Class Y Shares(PIIYX)
------------------------------------------------------
$0.0390 per share investment income                    5/22/08 5/27/08

(a) Quotron symbol pending

Source: Putnam Investments


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