Vote-By-Phone Solicitation Script
for
(Name of Fund)
This script provides information to the shareholder and solicits
his/her vote by phone, to be confirmed by written confirmation.
Putnam: Good Morning/Afternoon/Evening. May I please speak
with (name of shareholder)? I am representing Putnam
Investments in Boston.
1. (If the shareholder HAS PREVIOUSLY VOTED BUT ABSTAINED
on a proposal, ask the following question. If the
shareholder did not vote at all, proceed to step 2
below.)
We noted that you abstained on (describe proposal as
described on proxy card). Do you have any questions
regarding this proposal I can clarify for you?
(If so, refer to script for questions regarding
proposal in telephone script previously prepared and
filed with the SEC.)
Would your like to reconsider your vote?
(If the shareholder wishes to reconsider the vote,
proceed to step 3 below. If not, thank him for his
time and terminate the call.)
2. (If the shareholder has not voted at all, refer to the
telephone script previously prepared and filed with the
SEC. Proceed to step 3 below.)
3. Would you like to vote by phone?
(If not, ask the shareholder if he would like another
ballot, thank him for his time and terminate the call.)
(If so, proceed as to A or B as follows:)
A. (If the shareholder has previously been sent
written vote-by-phone information that includes
disclosure regarding the procedures, then make the
following statement:)
We previously sent you a mailgram describing our
procedures for voting your proxy ballot by
telephone. We are calling you today because we
have not heard from you.
(Proceed to C below.)
B. (If the shareholder has not previously been sent
written vote-by-phone information that includes
the following disclosure, then thank the
shareholder for his time and terminate the call.)
C. (Read the proxy card and ask shareholder how he
wishes to vote on each proposal that he would like
to vote by phone.)
Thank you. Do you wish to send the entire
message?
To repeat your instructions:
on item 1, you voted ---,
on item 2, you voted ---,
(etc.)
and you wish to send the entire message.
Is this correct?
Thank you. We will be sending you a written
confirmation of your vote. Please call us if the
information on the confirmation is incorrect.
scripz
