EX-99

Item 77L

New Accounting Pronouncement

In June 2006, the Financial Accounting Standards Board (FASB)
issued Interpretation No. 48, Accounting for Uncertainty in
Income Taxes (the Interpretation).  The Interpretation prescribes
a minimum threshold for financial statement recognition of the
benefit of a tax position taken or expected to be taken by a
filer in the filers tax return.  Upon adoption, the
Interpretation did not have a material effect on the funds
financial statements.  However, the conclusions regarding the
Interpretation may be subject to review and adjustment at a later
date based on factors including, but not limited to, further
implementation guidance expected from the FASB, and on-going
analysis of tax laws, regulations and interpretations thereof.

In September 2006, the FASB issued Statement of Financial
Accounting Standards No. 157, Fair Value Measurements (the
Standard).  The Standard defines fair value, sets out a framework
for measuring fair value and expands disclosures about fair value
measurements.  The Standard applies to fair value measurements
already required or permitted by existing standards.  The
Standard is effective for fiscal years beginning after November
15, 2007 and interim periods within those fiscal years. Putnam
Management does not believe the adoption of the Standard will
impact the amounts reported in the financial statements; however,
additional disclosures will be required about the inputs used to
develop the measurements of fair value.

In March 2008, Statement of Financial Accounting Standards No.
161, Disclosures about Derivative Instruments and Hedging
Activities (SFAS 161) - an amendment of FASB Statement No. 133
(SFAS 133), was issued and is effective for fiscal years
beginning after November 15, 2008. SFAS 161 requires enhanced
disclosures about how and why an entity uses derivative
instruments and how derivative instruments affect an entitys
financial position. Putnam Management is currently evaluating the
impact the adoption of SFAS 161 will have on the Funds' financial
statement disclosures.

EX-99

Putnam Global Equity Fund

Because the electronic format for filing Form N-SAR does not
provide adequate space for responding to certain items correctly,
the correct answers are as follows:

53A	For the period ended April 30, 2008, Putnam Management
has assumed $3,670 of legal, shareholder servicing and
communication, audit and Trustee fees incurred by the fund in
connection with certain legal and regulatory matters.

72DD1 	Class A		   46,704
		Class B		    4,473
		Class C		      736

72DD2	Class M		      708
		Class R		       60
		Class Y		    1,276

73A1		Class A		     .322
		Class B		     .220
		Class C		     .239

73A2		Class M		     .262
		Class R		     .314
		Class Y		     .353

74U1		Class A		  141,759
		Class B		   16,477
		Class C		    2,880

74U2		Class M		    2,630
		Class R		      180
		Class Y		    3,512

74V1		Class A		    10.74
		Class B		     9.79
		Class C		    10.30

74V2		Class M		    10.36
		Class R		    10.65
		Class Y		    11.08



Item 61

Additional Information About Minimum Required Investment

Shareholders can open a fund account with as little as $500 and
make subsequent investments in any amount. The minimum investment
is waived if you make regular investments weekly, semi-monthly,
or monthly through automatic deductions through your bank
checking or savings account. Currently, Putnam is waiving the
minimum, but reserves the right to reject initial investments
under the minimum.


Item 85B

Additional Information About Errors and Omissions Policy

While no claims with respect to the Registrant/Series were filed
under such policy during the period, requests under such policy
for reimbursement of legal expenses and costs arising out of
claims of market timing activity in the Putnam Funds have been
submitted by the investment manager of the Registrant/Series.