0000928816-07-001492 Sample Contracts

PUTNAM NEW OPPORTUNITIES FUND DISTRIBUTOR’S CONTRACT
Putnam New Opportunities Fund • October 26th, 2007

Distributor’s Contract dated August 3, 2007, by and between PUTNAM NEW OPPORTUNITIES 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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EXECUTION COPY MASTER CUSTODIAN AGREEMENT
Master Custodian Agreement • October 26th, 2007 • Putnam New Opportunities Fund • Massachusetts

This Agreement is made as of January 1, 2007 by and among each management investment company identified on Appendix A hereto, each such investment company acting on its own behalf separately from all of the other investment companies and not jointly or jointly and severally with any of the other investment companies (each such investment company and each management investment company made subject to this Agreement in accordance with Section 21.5 below shall hereinafter be referred to as a “Fund”), and STATE STREET BANK and TRUST COMPANY, a Massachusetts trust company (the “Custodian”).

PUTNAM NEW OPPORTUNITIES FUND MANAGEMENT CONTRACT
Fund Management Contract • October 26th, 2007 • Putnam New Opportunities Fund

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

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