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Putnam Announces Distribution Rates for Open-End Funds

BOSTON, MA -- (Marketwire) -- 11/21/12 -- The Trustees of The Putnam Funds have declared the following distributions.

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

Putnam High Yield Trust - Class B Shares (PHBBX)
$0.0350 per share investment income                11/21/2012   11/26/2012

Putnam High Yield Trust - Class C Shares (PCHYX)
$0.0350 per share investment income                11/21/2012   11/26/2012

Putnam High Yield Trust - Class M Shares (PHIMX)
$0.0380 per share investment income                11/21/2012   11/26/2012

Putnam High Yield Trust - Class R Shares (PHDRX)
$0.0390 per share investment income                11/21/2012   11/26/2012

Putnam High Yield Trust - Class Y Shares (PHYYX)
$0.0420 per share investment income                11/21/2012   11/26/2012

Putnam Shareholders Contact:
1-800-225-1581

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