PUTNAM INVESTMENT FUNDS CLASS R DISTRIBUTION PLAN AND AGREEMENTPutnam Investment Funds Class R Distribution Plan and Agreement • March 29th, 2007 • Putnam Investment Funds
This Plan and Agreement (the "Plan") constitutes the Distribution Plan for the Class R shares of Putnam Capital Opportunities Fund, Putnam Growth Opportunities Fund, Putnam International Capital Opportunities Fund, Putnam International New Opportunities Fund, Putnam New Value Fund, Putnam Research Fund and Putnam Small Cap Value Fund, each a "Fund" and collectively the "Funds" of Putnam Investment Funds, 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:
