-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PylSN6SYWn8QpGnEJolD/WPDG8Hl7OKGfvhKw1bRh/o07x7xPPIfNskyJfBZyRz4 hL5P7/A3RzGSK2j5SS5Tzw== 0000928816-05-000720.txt : 20050611 0000928816-05-000720.hdr.sgml : 20050611 20050527141203 ACCESSION NUMBER: 0000928816-05-000720 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050331 FILED AS OF DATE: 20050527 DATE AS OF CHANGE: 20050527 EFFECTIVENESS DATE: 20050527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM NEW OPPORTUNITIES FUND CENTRAL INDEX KEY: 0000865177 IRS NUMBER: 043091455 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-06128 FILM NUMBER: 05863182 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: A6 ZIP: 02109 BUSINESS PHONE: 6172921000 N-Q 1 pno1.txt PUTNAM NEW OPPORTUNITIES FUND Item 1. Schedule of Investments: - -------------------------------- PUTNAM NEW OPPORTUNITIES FUND QUARTERLY PORTFOLIO HOLDINGS 3-31-05
Putnam New Opportunities Fund - -------------------------------------------------------------------------------------------------------------------------------- The fund's portfolio March 31, 2005 (Unaudited) Common stocks (99.9%) (a) - -------------------------------------------------------------------------------------------------------------------------------- Number of shares Value - -------------------------------------------------------------------------------------------------------------------------------- Aerospace and Defense (1.5%) - -------------------------------------------------------------------------------------------------------------------------------- 596,200 Raytheon Co. $23,072,940 245,100 Rockwell Collins, Inc. 11,664,309 783,800 United Defense Industries, Inc. 57,546,596 - -------------------------------------------------------------------------------------------------------------------------------- 92,283,845 Banking (1.8%) - -------------------------------------------------------------------------------------------------------------------------------- 312,800 Doral Financial Corp. 6,847,192 673,300 TCF Financial Corp. 18,280,095 261,900 UnionBanCal Corp. 16,041,375 569,331 W Holding Co., Inc. 5,733,163 628,800 Wells Fargo & Co. 37,602,240 391,600 Zions Bancorp. 27,028,232 - -------------------------------------------------------------------------------------------------------------------------------- 111,532,297 Beverage (0.3%) - -------------------------------------------------------------------------------------------------------------------------------- 746,300 Pepsi Bottling Group, Inc. (The) 20,784,455 Biotechnology (1.8%) - -------------------------------------------------------------------------------------------------------------------------------- 630,800 Amgen, Inc. (NON) 36,718,868 477,300 Amylin Pharmaceuticals, Inc. (NON) 8,347,977 557,500 Celgene Corp. (NON) 18,982,875 896,400 Genzyme Corp. (NON) 51,309,936 - -------------------------------------------------------------------------------------------------------------------------------- 115,359,656 Broadcasting (0.6%) - -------------------------------------------------------------------------------------------------------------------------------- 1,091,900 XM Satellite Radio Holdings, Inc. Class A (NON) 34,394,850 Building Materials (0.2%) - -------------------------------------------------------------------------------------------------------------------------------- 345,900 Sherwin Williams Co. 15,216,141 Chemicals (0.3%) - -------------------------------------------------------------------------------------------------------------------------------- 273,800 PPG Industries, Inc. 19,582,176 Coal (0.4%) - -------------------------------------------------------------------------------------------------------------------------------- 569,229 CONSOL Energy, Inc. 26,765,148 Commercial and Consumer Services (0.7%) - -------------------------------------------------------------------------------------------------------------------------------- 715,500 Corporate Executive Board Co. (The) 45,756,225 Communications Equipment (4.9%) - -------------------------------------------------------------------------------------------------------------------------------- 9,225,800 Cisco Systems, Inc. (NON) 165,049,562 252,400 F5 Networks, Inc. (NON) 12,743,676 2,073,800 Harris Corp. 67,709,570 1,379,900 Nokia OYJ ADR (Finland) 21,291,857 991,500 Scientific-Atlanta, Inc. 27,980,130 1,697,100 Tellabs, Inc. (NON) 12,388,830 - -------------------------------------------------------------------------------------------------------------------------------- 307,163,625 Computers (4.6%) - -------------------------------------------------------------------------------------------------------------------------------- 425,100 Anixter International, Inc. 15,367,365 2,329,800 Dell, Inc. (NON) 89,510,916 769,560 Lexmark International, Inc. (NON) 61,541,713 590,400 Micros Systems, Inc. (NON) 21,673,584 618,600 NCR Corp. (NON) 20,871,564 1,863,800 Network Appliance, Inc. (NON) 51,552,708 222,500 Take-Two Interactive Software, Inc. (NON) 8,699,750 1,575,599 Western Digital Corp. (NON) 20,088,887 - -------------------------------------------------------------------------------------------------------------------------------- 289,306,487 Conglomerates (0.9%) - -------------------------------------------------------------------------------------------------------------------------------- 374,300 Danaher Corp. 19,991,363 293,500 Harman International Industries, Inc. 25,963,010 146,100 Textron, Inc. 10,901,982 - -------------------------------------------------------------------------------------------------------------------------------- 56,856,355 Consumer Cyclicals (1.3%) - -------------------------------------------------------------------------------------------------------------------------------- 1,005,900 Black & Decker Manufacturing Co. 79,456,041 Consumer Finance (2.3%) - -------------------------------------------------------------------------------------------------------------------------------- 905,600 Capital One Financial Corp. 67,711,712 704,300 Countrywide Financial Corp. 22,861,578 285,900 First Marblehead Corp. (The) (NON) 16,447,827 1,966,500 Providian Financial Corp. (NON) 33,745,140 - -------------------------------------------------------------------------------------------------------------------------------- 140,766,257 Consumer Goods (4.2%) - -------------------------------------------------------------------------------------------------------------------------------- 788,900 Energizer Holdings, Inc. (NON) 47,176,220 977,200 Newell Rubbermaid, Inc. 21,439,768 3,242,000 Procter & Gamble Co. (The) 171,826,000 245,700 Rayovac Corp. (NON) 10,221,120 391,000 Yankee Candle Co., Inc. (The) 12,394,700 - -------------------------------------------------------------------------------------------------------------------------------- 263,057,808 Consumer Services (1.8%) - -------------------------------------------------------------------------------------------------------------------------------- 1,248,200 Alliance Data Systems Corp. (NON) 50,427,280 717,800 Getty Images, Inc. (NON) 51,042,758 1,081,600 Valueclick, Inc. (NON) 11,475,776 - -------------------------------------------------------------------------------------------------------------------------------- 112,945,814 Containers (0.4%) - -------------------------------------------------------------------------------------------------------------------------------- 530,800 Ball Corp. 22,017,584 Distributors (0.2%) - -------------------------------------------------------------------------------------------------------------------------------- 510,400 Hughes Supply, Inc. 15,184,400 Electrical Equipment (0.3%) - -------------------------------------------------------------------------------------------------------------------------------- 740,240 WESCO International, Inc. (NON) 20,726,720 Electronics (6.4%) - -------------------------------------------------------------------------------------------------------------------------------- 387,400 Arrow Electronics, Inc. (NON) 9,820,590 4,579,300 Atmel Corp. (NON) 13,508,935 1,899,300 Cypress Semiconductor Corp. (NON) 23,931,180 3,285,000 Intel Corp. 76,310,550 427,000 International Rectifier Corp. (NON) 19,428,500 1,773,100 Linear Technology Corp. 67,927,461 563,300 Microchip Technology, Inc. 14,651,433 2,250,400 Motorola, Inc. 33,688,488 535,900 National Semiconductor Corp. 11,044,899 758,600 PerkinElmer, Inc. 15,649,918 708,700 QLogic Corp. (NON) 28,702,350 1,441,700 SanDisk Corp. (NON) 40,079,260 1,436,000 Storage Technology Corp. (NON) 44,228,800 - -------------------------------------------------------------------------------------------------------------------------------- 398,972,364 Energy (1.1%) - -------------------------------------------------------------------------------------------------------------------------------- 247,000 BJ Services Co. 12,814,360 276,900 Cooper Cameron Corp. (NON) 15,841,449 1,381,500 Superior Energy Services (NON) 23,761,800 339,100 Unit Corp. (NON) 15,317,147 - -------------------------------------------------------------------------------------------------------------------------------- 67,734,756 Entertainment (0.5%) - -------------------------------------------------------------------------------------------------------------------------------- 300,600 Pixar, Inc. (NON) 29,323,530 Financial (1.5%) - -------------------------------------------------------------------------------------------------------------------------------- 389,600 American Express Co. 20,013,752 98,500 Chicago Mercantile Exchange 19,111,955 665,400 Moody's Corp. 53,804,244 - -------------------------------------------------------------------------------------------------------------------------------- 92,929,951 Food (0.2%) - -------------------------------------------------------------------------------------------------------------------------------- 463,800 7-Eleven, Inc. (NON) 11,140,476 Forest Products and Packaging (0.2%) - -------------------------------------------------------------------------------------------------------------------------------- 765,000 Crown Holdings, Inc. (NON) 11,903,400 Gaming & Lottery (0.7%) - -------------------------------------------------------------------------------------------------------------------------------- 400,400 Ameristar Casinos, Inc. 21,893,872 1,049,600 GTECH Holdings Corp. 24,697,088 - -------------------------------------------------------------------------------------------------------------------------------- 46,590,960 Health Care Services (4.7%) - -------------------------------------------------------------------------------------------------------------------------------- 360,800 AmerisourceBergen Corp. 20,670,232 354,100 Coventry Health Care, Inc. (NON) 24,128,374 267,100 Laboratory Corp. of America Holdings (NON) 12,874,220 551,300 Lincare Holdings, Inc. (NON) 24,383,999 428,900 McKesson Corp. 16,190,975 246,300 PacifiCare Health Systems, Inc. (NON) 14,019,396 1,246,500 UnitedHealth Group, Inc. 118,891,170 300,100 VCA Antech, Inc. (NON) 6,071,023 435,900 WellPoint, Inc. (NON) 54,640,065 - -------------------------------------------------------------------------------------------------------------------------------- 291,869,454 Homebuilding (2.0%) - -------------------------------------------------------------------------------------------------------------------------------- 126,100 KB Home 14,811,706 231,420 M.D.C. Holdings, Inc. 16,118,403 102,500 NVR, Inc. (NON) 80,462,500 246,300 Ryland Group, Inc. (The) 15,275,526 - -------------------------------------------------------------------------------------------------------------------------------- 126,668,135 Insurance (1.7%) - -------------------------------------------------------------------------------------------------------------------------------- 218,000 American International Group, Inc. 12,079,380 664,400 Everest Re Group, Ltd. (Barbados) 56,547,084 87,500 Selective Insurance Group 4,045,125 729,300 W.R. Berkley Corp. 36,173,280 - -------------------------------------------------------------------------------------------------------------------------------- 108,844,869 Investment Banking/Brokerage (2.5%) - -------------------------------------------------------------------------------------------------------------------------------- 462,400 Bear Stearns Cos., Inc. (The) 46,193,760 1,411,200 E*Trade Group, Inc. (NON) 16,934,400 1,274,900 Eaton Vance Corp. 29,883,656 360,300 Goldman Sachs Group, Inc. (The) 39,629,397 258,800 Lehman Brothers Holdings, Inc. 24,368,608 - -------------------------------------------------------------------------------------------------------------------------------- 157,009,821 Leisure (1.6%) - -------------------------------------------------------------------------------------------------------------------------------- 529,600 Brunswick Corp. 24,811,760 258,700 Harley-Davidson, Inc. 14,942,512 896,200 Polaris Industries, Inc. 62,940,126 - -------------------------------------------------------------------------------------------------------------------------------- 102,694,398 Machinery (1.0%) - -------------------------------------------------------------------------------------------------------------------------------- 860,600 Terex Corp. (NON) 37,263,980 816,400 Timken Co. 22,320,376 - -------------------------------------------------------------------------------------------------------------------------------- 59,584,356 Manufacturing (0.3%) - -------------------------------------------------------------------------------------------------------------------------------- 433,000 Mettler-Toledo International, Inc. (Switzerland) (NON) 20,567,500 Medical Technology (9.5%) - -------------------------------------------------------------------------------------------------------------------------------- 425,600 Bausch & Lomb, Inc. 31,196,480 501,400 Becton, Dickinson and Co. 29,291,788 1,118,300 Biomet, Inc. 40,594,290 1,049,700 C.R. Bard, Inc. 71,463,576 705,300 Charles River Laboratories International, Inc. (NON) 33,177,312 442,900 Dade Behring Holdings, Inc. (NON) 26,100,097 362,642 Gen-Probe, Inc. (NON) 16,159,328 595,700 Haemonetics Corp. (NON) 25,114,712 511,400 Immucor, Inc. (NON) 15,439,166 664,500 Kinetic Concepts, Inc. (NON) 39,637,425 1,126,800 Medtronic, Inc. 57,410,460 880,300 Respironics, Inc. (NON) 51,295,081 2,021,200 St. Jude Medical, Inc. (NON) 72,763,200 320,400 Sybron Dental Specialties, Inc. (NON) 11,502,360 1,608,700 Varian Medical Systems, Inc. (NON) 55,146,236 451,500 Waters Corp. (NON) 16,159,185 - -------------------------------------------------------------------------------------------------------------------------------- 592,450,696 Metals (1.0%) - -------------------------------------------------------------------------------------------------------------------------------- 1,638,400 AK Steel Holding Corp. (NON) 18,120,704 390,200 Century Aluminum Co. (NON) 11,807,452 350,800 Nucor Corp. 20,192,048 325,500 Steel Dynamics, Inc. 11,213,475 - -------------------------------------------------------------------------------------------------------------------------------- 61,333,679 Oil & Gas (3.4%) - -------------------------------------------------------------------------------------------------------------------------------- 257,400 Amerada Hess Corp. 24,764,454 826,700 Burlington Resources, Inc. 41,392,869 268,600 Noble Energy, Inc. 18,270,172 690,400 Oil States International, Inc. (NON) 14,187,720 321,300 Pogo Producing Co. 15,820,812 321,100 Southwestern Energy Co. (NON) 18,225,636 406,800 Sunoco, Inc. 42,111,936 438,100 Tesoro Petroleum Corp. (NON) 16,218,462 314,100 Valero Energy Corp. 23,014,107 - -------------------------------------------------------------------------------------------------------------------------------- 214,006,168 Pharmaceuticals (7.3%) - -------------------------------------------------------------------------------------------------------------------------------- 944,650 Barr Pharmaceuticals, Inc. (NON) 46,127,260 774,600 Caremark Rx, Inc. (NON) 30,813,588 1,147,100 Cephalon, Inc. (NON) 53,718,693 3,604,700 Johnson & Johnson 242,091,652 404,400 Medicis Pharmaceutical Corp. Class A 12,123,912 958,300 Mylan Laboratories, Inc. 16,981,076 2,095,700 Pfizer, Inc. 55,054,039 - -------------------------------------------------------------------------------------------------------------------------------- 456,910,220 Railroads (0.5%) - -------------------------------------------------------------------------------------------------------------------------------- 461,100 Canadian National Railway Co. (Canada) 29,192,241 Restaurants (0.5%) - -------------------------------------------------------------------------------------------------------------------------------- 613,400 CEC Entertainment, Inc. (NON) 22,450,440 Retail (8.5%) - -------------------------------------------------------------------------------------------------------------------------------- 435,200 Abercrombie & Fitch Co. Class A 24,910,848 1,181,200 Aeropostale, Inc. (NON) 38,684,300 2,126,100 American Eagle Outfitters, Inc. 62,826,255 603,202 Best Buy Co., Inc. 32,578,859 752,200 Borders Group, Inc. 20,023,564 307,200 Coach, Inc. (NON) 17,396,765 840,450 Coldwater Creek, Inc. (NON) 15,531,516 828,100 Costco Wholesale Corp. 36,585,458 3,088,800 Home Depot, Inc. (The) 118,115,712 1,779,200 Michaels Stores, Inc. 64,584,960 1,119,465 PETCO Animal Supplies, Inc. (NON) 41,207,507 1,966,700 Staples, Inc. 61,813,381 - -------------------------------------------------------------------------------------------------------------------------------- 534,259,125 Schools (1.2%) - -------------------------------------------------------------------------------------------------------------------------------- 695,700 Apollo Group, Inc. Class A (NON) 51,523,542 717,659 Career Education Corp. (NON) 24,586,997 - -------------------------------------------------------------------------------------------------------------------------------- 76,110,539 Semiconductor (0.3%) - -------------------------------------------------------------------------------------------------------------------------------- 654,800 Lam Research Corp. (NON) 18,897,528 Shipping (0.7%) - -------------------------------------------------------------------------------------------------------------------------------- 945,600 J. B. Hunt Transport Services, Inc. 41,388,912 Software (9.7%) - -------------------------------------------------------------------------------------------------------------------------------- 1,562,500 Adobe Systems, Inc. 104,953,125 833,400 Amdocs, Ltd. (Guernsey) (NON) 23,668,560 322,200 Autodesk, Inc. 9,588,672 2,619,300 BMC Software, Inc. (NON) 39,289,500 3,630,200 Citrix Systems, Inc. (NON) 86,471,364 546,700 Cognos, Inc. (Canada) (NON) 22,928,598 855,800 McAfee, Inc. (NON) 19,306,848 9,186,100 Microsoft Corp. 222,028,037 261,200 MicroStrategy, Inc. (NON) 14,175,324 2,855,400 Siebel Systems, Inc. (NON) 26,069,802 1,782,500 Symantec Corp. (NON) 38,020,725 - -------------------------------------------------------------------------------------------------------------------------------- 606,500,555 Technology (0.4%) - -------------------------------------------------------------------------------------------------------------------------------- 393,000 Dun & Bradstreet Corp. (The) (NON) 24,149,850 Technology Services (2.2%) - -------------------------------------------------------------------------------------------------------------------------------- 894,000 Accenture, Ltd. Class A (Bermuda) (NON) 21,590,100 823,000 Acxiom Corp. 17,225,390 1,267,200 Automatic Data Processing, Inc. 56,960,640 1,388,400 Ingram Micro, Inc. Class A (NON) 23,144,628 649,900 VeriSign, Inc. (NON) 18,652,130 - -------------------------------------------------------------------------------------------------------------------------------- 137,572,888 Telecommunications (0.3%) - -------------------------------------------------------------------------------------------------------------------------------- 2,380,771 Earthlink, Inc. (NON) 21,426,939 Textiles (1.5%) - -------------------------------------------------------------------------------------------------------------------------------- 1,115,100 NIKE, Inc. 92,898,981 - -------------------------------------------------------------------------------------------------------------------------------- Total Common stocks (cost $5,680,665,298) (b) $6,244,538,615 - --------------------------------------------------------------------------------------------------------------------------------
NOTES (a) Percentages indicated are based on net assets of $6,251,489,732. (b) The aggregate identified cost on a tax basis is $5,698,289,443, resulting in gross unrealized appreciation and depreciation of $772,055,577 and $225,806,405, respectively, or net unrealized appreciation of $546,249,172. (NON) Non-income-producing security. ADR after the name of a foreign holding stands for American Depositary Receipts, representing ownership of foreign securities on deposit with a custodian bank. Security valuation Investments for which market quotations are readily available are valued at the last reported sales price on their principal exchange, or official closing price for certain markets. If no sales are reported -- as in the case of some securities traded over-the-counter -- a security is valued at its last reported bid price. Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore the closing prices for securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close of the New York Stock Exchange. Accordingly, on certain days, the fund will fair value foreign securities taking into account multiple factors, including movements in the U.S. securities markets. The number of days on which fair value prices will be used will depend on market activity and it is possible that fair value prices will be used by the fund to a significant extent. Securities quoted in foreign currencies are translated into U.S. dollars at the current exchange rate. Short-term investments having remaining maturities of 60 days or less are valued at amortized cost, which approximates fair value. Other investments, including certain restricted securities, are valued at fair value following procedures approved by the Trustees. Such valuations and procedures are reviewed periodically by the Trustees. For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com Item 2. Controls and Procedures: - -------------------------------- (a) The registrant's principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms. (b) Changes in internal control over financial reporting: Not applicable Item 3. Exhibits: - ------------------ A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Investment Company Act of 1940, as amended, are filed herewith. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NAME OF REGISTRANT By (Signature and Title): /s/ Michael T. Healy -------------------------- Michael T. Healy Principal Accounting Officer Date: May 27, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title): /s/ Charles E. Porter --------------------------- Charles E. Porter Principal Executive Officer Date: May 27, 2005 By (Signature and Title): /s/ Steven D. Krichmar --------------------------- Steven D. Krichmar Principal Financial Officer Date: May 27, 2005 EX-99.CERT 2 exnn2.txt EX-99.CERT Certifications - -------------- I, Charles E. Porter, the Principal Executive Officer of the funds listed on Attachment A, certify that: 1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: 2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; 3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to each registrant's auditors and the audit committee of each registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant's internal control over financial reporting. /s/ Charles E. Porter Date: Date: May 26, 2005 - ---------------------- ------------------------ Charles E. Porter, Principal Executive Officer Certifications - -------------- I, Steven D. Krichmar, the Principal Financial Officer of the funds listed on Attachment A, certify that: 1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: 2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; 3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to each registrant's auditors and the audit committee of each registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant's internal control over financial reporting. /s/ Steven D. Krichmar Date: May 26, 2005 - ---------------------- ------------------------ Steven D. Krichmar, Principal Financial Officer Attachment A - -------------- Period(s) ended March 31, 2005 Quarterly Portfolios 057 Putnam Europe Equity Fund 2CE Putnam International Growth and Income Fund 2HF Putnam Small Cap Growth Fund 377 Putnam Discovery Growth Fund 841 Putnam International Equity Fund 852 Putnam New Opportunities Fund Putnam Variable Trust includes: 2PX Putnam VT American Government Income Fund 2TP Putnam VT Capital Appreciation Fund 961 Putnam VT Diversified Income Fund 2IS Putnam VT The George Putnam Fund of Boston 070 Putnam VT Global Asset Allocation Fund 016 Putnam VT Global Equity Fund 066 Putnam VT Growth and Income Fund 2PU Putnam VT Growth Opportunities Fund 2IW Putnam VT Health Sciences Fund 067 Putnam VT High Yield Fund 068 Putnam VT Income Fund 2DO Putnam VT International Equity Fund 2DN Putnam VT International Growth and Income Fund 2DP Putnam VT International New Opportunities Fund 2IO Putnam VT Investors Fund 069 Putnam VT Money Market Fund 098 Putnam VT New Opportunities Fund 2DR Putnam VT New Value Fund 2IP Putnam VT OTC & Emerging Growth Fund 2LA Putnam VT Research Fund 2MJ Putnam VT Small Cap Value Fund 152 Putnam VT Utilities Growth and Income Fund 2DQ Putnam VT Vista Fund 065 Putnam VT Voyager Fund 2TJ Putnam VT Discovery Growth 23N Putnam VT Equity Income Fund 23K Putnam VT Capital Opportunities Fund 23H Putnam VT Mid Cap Value Fund -----END PRIVACY-ENHANCED MESSAGE-----