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Putnam Announces Dividend Rates for Open-End Funds

BOSTON, MA -- (Marketwire) -- 01/28/13 -- The Trustees of The Putnam Funds have declared the following distributions.


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

Putnam Retirement Income Fund Lifestyle 1 - Class M
 Shares (PRMMX)
$0.0010 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 1 - Class R
 Shares (PRMKX)
$0.0010 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 1 - Class Y
 Shares (PRMYX)
$0.0090 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 2 - Class M
 Shares (PRLMX)
$0.0020 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 2 - Class R
 Shares (PRLRX)
$0.0020 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 2 - Class Y
 Shares (PRLYX)
$0.0060 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 3 - Class B
 Shares (PBIOX)
$0.0100 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 3 - Class C
 Shares (PCIOX)
$0.0100 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 3 - Class M
 Shares (PMIOX)
$0.0150 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 3 - Class R
 Shares (PRIOX)
$0.0150 per share investment income                    1/28/2013   1/30/2013

Putnam Retirement Income Fund Lifestyle 3 - Class Y
 Shares (PIIYX)
$0.0190 per share investment income                    1/28/2013   1/30/2013

Putnam Shareholders Contact-
1-800-225-1581

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