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Putnam Announces Dividend Rates for Class A Open-End Funds

June 25, 2014

BOSTON, MA -- (Marketwired) -- 06/25/14 -- The Trustees of The Putnam Funds have declared the following distributions.

RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE ------------------------------------------------------------ ------- ------- Putnam Retirement Income Fund Lifestyle 1- Class A Shares (PRMAX) ------------------------------------------------------------ $0.0060 per share investment income 6/26/14 6/30/14

Putnam Shareholders Contact: 1-800-225-1581

Source: Putnam Investments

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Source: Marketwire

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