<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>5
<FILENAME>legal77m582.txt
<TEXT>
77M

	Putnam Investment Grade Municipal Trust and Putnam Municipal
Bond Fund were merged into Putnam Municipal Opportunities
Trust on February 25, 2008, following Trustee and shareholder
approval. The N 14 was filed on 8/3/07, the N 8Fs in respect
of the acquired funds have yet to be filed.

</TEXT>
</DOCUMENT>
