BOSTON, MA--(Marketwire - December 26, 2012) -  The Trustees of The Putnam Funds have declared the following distributions.

		RECORD/		PAYMENT
FUND NAME AND DISTRIBUTIONS		EX DATE		DATE
Putnam California Tax Exempt Income Fund - Class A Shares (PCTEX)
$0.0024 per share extra taxable income		12/27/2012		12/31/2012
Putnam Massachusetts Tax Exempt Income Fund - Class A Shares (PXMAX)
$0.0094 per share extra taxable income		12/27/2012		12/31/2012
$0.0034 per share short-term capital gain
$0.0058 per share long-term capital gain
$0.0186 per share total
Putnam New Jersey Tax Exempt Income Fund - Class A shares (PTNJX)
$0.0006 per share extra taxable income		12/27/2012		12/31/2012
Putnam New York Tax Exempt Income Fund - Class A shares (PTEIX)
$0.0002 per share extra taxable income		12/27/2012		12/31/2012
Putnam Pennsylvania Tax Exempt Income Fund - Class A shares (PTEPX)
$0.0007 per share extra taxable income		12/27/2012		12/31/2012
Putnam Short Duration Fund - Class A shares (PSDTX)
$0.0009 per share short-term capital gain		12/27/2012		12/31/2012
Putnam Tax Exempt Income Fund - Class A Shares (PTAEX)
$0.0005 per share extra taxable income		12/27/2012		12/31/2012
Putnam Tax-Free High Yield Fund - Class A Shares (PTHAX)
$0.0084 per share extra taxable income		12/27/2012		12/31/2012
Putnam Global Sector Fund - Class A Share Shares (PPGAX)
$0.1010 per share investment income		12/27/2012		12/28/2012
$0.4840 per share long-term capital gain
$0.5850 per share total
Putnam Retirement Ready 2015 Fund - Class A Shares (PRRHX)
$0.3290 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2020 Fund - Class A Shares (PRRMX)
$0.3360 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2025 Fund - Class A Shares (PRROX)
$0.2680 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2030 Fund - Class A Shares (PRRQX)
$0.1680 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2035 Fund - Class A Shares (PRRWX)
$0.2070 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2040 Fund - Class A Shares (PRRZX)
$0.3070 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2045 Fund - Class A Shares (PRVLX)
$0.3820 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2050 Fund - Class A Shares*
$0.1670 per share investment income		12/27/2012		12/28/2012
Putnam Retirement Ready 2055 Fund - Class A Shares*
$0.1950 per share investment income		12/27/2012		12/28/2012
0.0450 per share long-term capital gain
$0.2400 per share total

*Quotron Symbol Pending

Shareholders
1-800-225-1581

Media Contact:
Jennifer Santos
617-760-8582