BOSTON, MA -- (Marketwire) -- 12/14/12 -- In the news release, "Putnam Announces Distribution Rates for Closed-End Funds," issued earlier today by Putnam Investments, we are advised by the company that the EX DATES that read "12/19/12" throughout should read "12/20/12" and that the RECORD DATES that read "12/21/12" throughout should read "12/24/12." Complete corrected text follows.

Putnam Announces Distribution Rates for Closed-End Funds

BOSTON, MA -- December 14, 2012 -- The Trustees of The Putnam Funds have declared the following distributions today.

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

Putnam High Income Securities Fund (NYSE: PCF) (CUSIP: 746779-10-7)
$0.0390 per share investment income               12/20/12 12/24/12 01/02/13
                                                  01/22/13 01/24/13 02/01/13

Putnam Master Intermediate Income Trust (NYSE: PIM) (CUSIP: 746909-10-0)
$0.0260 per share investment income               12/20/12 12/24/12 01/02/13
                                                  01/22/13 01/24/13 02/01/13

Putnam Premier Income Trust (NYSE: PPT) (CUSIP: 746853-10-0)
$0.0260 per share investment income               12/20/12 12/24/12 01/02/13
                                                  01/22/13 01/24/13 02/01/13

Putnam Managed Municipal Income Trust (NYSE: PMM) (CUSIP: 746-823-10-3)
$0.0389 per share investment income               12/20/12 12/24/12 01/02/13
                                                  01/22/13 01/24/13 02/01/13

Putnam Municipal Opportunities Trust (NYSE: PMO) (CUSIP: 746922-10-3)
$0.0559 per share investment income               12/20/12 12/24/12 01/02/13
                                                  01/22/13 01/24/13 02/01/13

Master Intermediate Income Trust
Putnam estimates that $.0227 per share of Master Intermediate Income Trust's dividend is paid from accumulated net investment income, and $.0033 per share 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 2013, you will receive final information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.