2013-02-26 22:34:27 -

BOSTON, MA -- (Marketwire) -- 02/26/13 -- The Trustees of The Putnam Funds have declared the following distributions.

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

George Putnam Balanced Fund - Class B Shares (PGEBX)     2/26/2013 2/28/2013
$0.0250 per share investment income

George Putnam Balanced Fund - Class C Shares (PGPCX)     2/26/2013 2/28/2013
$0.0250 per share investment income

George Putnam Balanced Fund - Class M Shares (PGEMX)     2/26/2013 2/28/2013
$0.0330 per share investment income

George Putnam Balanced Fund - Class R Shares (PGPRX)     2/26/2013 2/28/2013
$0.0390 per share investment income

George Putnam Balanced Fund - Class Y Shares (PGEYX)     2/26/2013 2/28/2013
$0.0580 per share investment income

Putnam Retirement Income Fund Lifestyle 1 - Class M
 Shares (PRMMX)
$0.0010 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 1 - Class R
 Shares (PRMKX)
$0.0010 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 1- Class Y
 Shares (PRMYX)
$0.0080 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 2- Class M
 Shares (PRLMX)
$0.0020 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 2- Class R
 Shares (PRLRX)
$0.0020 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 2- Class Y
 Shares (PRLYX)
$0.0060 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 3 - Class B
 Shares (PBIOX)
$0.0100 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 3 - Class C
 Shares (PCIOX)
$0.0100 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 3- Class M
 Shares (PMIOX)
$0.0150 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 3- Class R
 Shares (PRIOX)
$0.0150 per share investment income                      2/26/2013 2/28/2013

Putnam Retirement Income Fund Lifestyle 3- Class Y
 Shares (PIIYX)
$0.0190 per share investment income                      2/26/2013 2/28/2013

Putnam Shareholders Contact-
1-800-225-1581