0000928816-08-000387 Sample Contracts

PUTNAM EQUITY INCOME FUND DISTRIBUTOR’S CONTRACT
Putnam Equity Income Fund/New/ • March 27th, 2008

Distributor’s Contract dated August 3, 2007, by and between PUTNAM EQUITY INCOME FUND, a Massachusetts business trust (the “Fund”; each reference in this Contract or in the Terms and Conditions defined below to “a Fund” or “the Fund” is also deemed to be a reference to any existing series of the Fund, as appropriate in the particular context), and PUTNAM RETAIL MANAGEMENT LIMITED PARTNERSHIP, a Massachusetts limited partnership (“Putnam”).

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PUTNAM EQUITY INCOME FUND MANAGEMENT CONTRACT
Putnam Equity Income Fund Management Contract • March 27th, 2008 • Putnam Equity Income Fund/New/

This Management Contract is dated as of August 3, 2007 between PUTNAM EQUITY INCOME FUND, a Massachusetts business trust (the “Fund”), and PUTNAM INVESTMENT MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).

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