EX-99 3 perclass855.txt Putnam Arizona Tax Exempt Income Fund, May 31, 2016, annual report 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: 72DD1 Class A 1,290 Class B 18 Class C 51 Class M 26 72DD2 Class Y 73 73A1 Class A 0.274433 Class B 0.215889 Class C 0.201784 Class M 0.248148 73A2 Class Y 0.294647 74U1 Class A 4,666 Class B 75 Class C 267 Class M 103 74U2 Class Y 258 74V1 Class A 9.32 Class B 9.31 Class C 9.33 Class M 9.34 74V2 Class Y 9.34 60A and 60B The fund is currently operating as a diversified fund. In the future, the fund may operate as a nondiversified fund to the extent permitted by applicable law. Under current law, shareholder approval would be required before the fund could operate as a nondiversified fund. 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. 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.