Putnam Announces Dividend Rates for Class A Open-End Funds

BOSTON, MA -- (Marketwire) -- 03/13/13 -- The Trustees of The Putnam Funds have previously declared the following fund distributions on February 22, 2013.

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

Putnam American Government Income Fund - Class A Shares
 (PAGVX)
$0.0130 per share investment income                        3/18/13  3/20/13

Putnam Dynamic Asset Allocation Balanced Fund - Class A
 Shares (PABAX)
$0.0480 per share investment income                        3/18/13  3/20/13

Putnam Dynamic Asset Allocation Conservative Fund - Class
 A Shares (PACAX)
$0.0130 per share investment income                        3/18/13  3/20/13

Putnam Diversified Income Trust - Class A Shares (PDINX)
$0.0370 per share investment income                        3/14/13  3/20/13

Putnam Fund for Growth and Income - Class A Shares (PGRWX)
$0.0470 per share investment income                        3/13/13  3/15/13

Putnam High Yield Advantage Fund - Class A Shares (PHYIX)
$0.0310 per share investment income                        3/19/13  3/25/13

Putnam High Yield Trust - Class A Shares (PHIGX)
$0.0400 per share investment income                        3/21/13  3/25/13

Putnam Income Fund - Class A Shares (PINCX)
$0.0180 per share investment income                        3/19/13  3/25/13

Putnam U.S. Government Income Trust - Class A Shares
 (PGSIX)
$0.0140 per share investment income                        3/14/13  3/20/13

Section 19 Disclosure

Putnam Diversified Income Trust
$0.001 per share of Putnam Diversified Income Trust's dividend represents a return of capital. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2014, we will provide final information about all 2013 distributions for your tax filing. See the below for more details.

Additional disclosure:
If a fund's dividend included an estimated distribution such as a return of capital or capital gain: For the purposes of this disclosure, a fund's dividend sources are determined in accordance with accounting principles, which may vary from federal tax treatment. The sources of dividends are estimated at the time of declaration. Actual results may vary. Any non-taxable return of capital cannot be determined until after the end of the fund's fiscal year. In January 2014, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

PUTNAM SHAREHOLDERS CONTACT:
1-800-225-1581