<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>shrmtg77c061.txt
<TEXT>

Results of January 13, 2005
shareholder meeting
(Unaudited)




A special meeting of the shareholders of the fund was held on
January 13, 2005. At the meeting, the proposed merger of Putnam
High Income Opportunities Trust into Putnam High Income Bond Fund
was approved. In this merger, Putnam High Income Bond Fund will
acquire all of the assets of Putnam High Income Opportunities
Trust in exchange for the issuance and delivery of shares of
beneficial interest of Putnam High Income Bond Fund and the
assumption by Putnam High Income Bond Fund of the liabilities of
Putnam High Income Opportunities Trust and the distribution of
such shares to the shareholders of Putnam High Income
Opportunities Trust in the complete liquidation of Putnam High
Income Opportunities Trust. This was approved as follows:


      Votes 		Votes
      For 		Against 	Abstentions
      7,032,242		530,636		325,383











All tabulations are rounded to nearest whole number.

</TEXT>
</DOCUMENT>
