PUTNAM HIGH YIELD ADVANTAGE FUND CLASS R DISTRIBUTION PLAN AND AGREEMENTAdvantage Fund Class R Distribution Plan and Agreement • March 29th, 2007 • Putnam High Yield Advantage Fund
This Plan and Agreement (the "Plan") constitutes the Distribution Plan for the Class R shares of Putnam High Yield Advantage Fund, a Massachusetts business trust (the "Trust"), adopted pursuant to the provisions of Rule 12b-1 under the Investment Company Act of 1940 (the "Act") and the related agreement between the Trust and Putnam Retail Management Limited Partnership ("PRM"). During the effective term of this Plan, the Trust may make payments to PRM upon the terms and conditions hereinafter set forth:
