Putnam Announces Distribution Rates for Closed-End

BOSTON, MA--(Marketwired - Apr 12, 2013) - The Trustees of The Putnam Funds have previously declared the following fund distributions on March 22, 2013.

Section 19 Disclosure

Managed Municipal Income Trust Putnam estimates that $0.0381 per share of Managed Municipal Income Trust's dividend is paid from accumulated net investment income, and $0.0008 per represents a nontaxable a return of capital. 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's fiscal year. In January 2014, you will receive final information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

Master Intermediate Income Trust Putnam estimates that $0.0258 per share of Master Intermediate Income Trust's dividend is paid from accumulated net investment income, and $0.0002 per represents a return of capital. 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's fiscal year. In January 2014, you will receive final information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.