POWER OF ATTORNEY
We, the undersigned Officers of each of the funds listed on Schedule A
hereto, hereby severally constitute and appoint John Hill, George Putnam III,
Charles E. Porter, Patricia Flaherty, John W. Gerstmayr, Bryan Chegwidden and
Gordon H. Silver, and each of them singly, our true and lawful attorneys, with
full power to them and each of them, to sign for us, and in our names and in the
capacities indicated below, the Registration Statements on Form N-2 or Form N-14
of each of the funds listed on Schedule A hereto and any and all amendments
(including post-effective amendments) to said Registration Statements and to
file the same with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto our said
attorneys, and each of them acting alone, full power and authority to do and
perform each and every act and thing requisite or necessary to be done in the
premises, as fully to all intents and purposes as he might or could do in
person, and hereby ratify and confirm all that said attorneys or any of them may
lawfully do or cause to be done by virtue thereof.
WITNESS my hand and seal on the date set forth below.
SIGNATURE TITLE DATE
/s/ Michael T. Healy Assistant Treasurer and February 12, 2001
- ---------------------- Principal Accounting Officer
Michael T. Healy
/s/ Judith Cohen Clerk February 12, 2001
- ---------------------
Judith Cohen
-16-
SCHEDULE A
Putnam California Investment Grade Municipal Trust
Putnam Convertible Opportunities and Income Trust
Putnam Dividend Income Fund
Putnam High Income Convertible and Bond Fund
Putnam High Yield Municipal Trust
Putnam Investment Grade Municipal Trust
Putnam Investment Grade Municipal Trust II
Putnam Investment Grade Municipal Trust III
Putnam Managed High Yield Trust
Putnam Managed Municipal Income Trust
Putnam Master Income Trust
Putnam Master Intermediate Income Trust
Putnam Municipal Opportunities Trust
Putnam New York Investment Grade Municipal Trust
Putnam Premier Income Trust
Putnam Tax-Free Health Care Fund
-17-
POWER OF ATTORNEY
I, the undersigned Treasurer of each of the funds listed on Schedule A
hereto, hereby severally constitute and appoint John Hill, George Putnam III,
Patricia Flaherty, John W. Gerstmayr, Bryan Chegwidden and Gordon H. Silver, and
each of them singly, my true and lawful attorneys, with full power to them and
each of them, to sign for me, and in my name and in the capacity indicated
below, the Registration Statements on Form N-2 or Form N-14 of each of the funds
listed on Schedule A hereto and any and all amendments (including post-effective
amendments) to said Registration Statements and to file the same with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto my said attorneys, and each of
them acting alone, full power and authority to do and perform each and every act
and thing requisite or necessary to be done in the premises, as fully to all
intents and purposes as he might or could do in person, and hereby ratify and
confirm all that said attorneys or any of them may lawfully do or cause to be
done by virtue thereof.
WITNESS my hand and seal on the date set forth below.
SIGNATURE TITLE DATE
/s/ Charles E. Porter
- ---------------------- Executive Vice President: February 12, 2001
Charles E. Porter Treasurer and Principal
Financial Officer
-18-
SCHEDULE A
Putnam California Investment Grade Municipal Trust
Putnam Convertible Opportunities and Income Trust
Putnam Dividend Income Fund
Putnam High Income Convertible and Bond Fund
Putnam High Yield Municipal Trust
Putnam Investment Grade Municipal Trust
Putnam Investment Grade Municipal Trust II
Putnam Investment Grade Municipal Trust III
Putnam Managed High Yield Trust
Putnam Managed Municipal Income Trust
Putnam Master Income Trust
Putnam Master Intermediate Income Trust
Putnam Municipal Opportunities Trust
Putnam New York Investment Grade Municipal Trust
Putnam Premier Income Trust
Putnam Tax-Free Health Care Fund
POWER OF ATTORNEY
We, the undersigned Trustees of each of the funds listed on Schedule A
hereto, hereby severally constitute and appoint John Hill, George Putnam III,
Charles E. Porter, Patricia Flaherty, John W. Gerstmayr, Bryan Chegwidden and
Gordon H. Silver, and each of them singly, our true and lawful attorneys, with
full power to them and each of them, to sign for us, and in our names and in the
capacity indicated below, the Registration Statements on Form N-2 or Form N-14
of each of the funds listed on Schedule A hereto and any all amendments
(including post-effective amendments) to said Registration Statements and to
file the same with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto our said
attorneys, and each of them acting alone, full power and authority to do and
perform each and every act and thing requisite or necessary to be done in the
premises, as fully to all intents and purposes as he might or could do in
person, and hereby ratify and confirm all that said attorneys or any of them may
lawfully do or cause to be done by virtue thereof.
WITNESS my hand and seal on the date set forth below.
SIGNATURE TITLE DATE
/s/ John A. Hill Chairman of the Board; Trustee March 16, 2001
- ----------------
John A. Hill
/s/ George Putnam, III President; Principal Executive Officer; March 19, 2001
- ---------------------- Trustee
George Putnam, III
/s/ Jameson A. Baxter Trustee March 14, 2001
- ---------------------
Jameson A. Baxter
/s/ Hans H. Estin Trustee March 16, 2001
- -----------------
Hans H. Estin
/s/ Paul L. Joskow Trustee March 13, 2001
- ------------------
Paul L. Joskow
/s/ Elizabeth T. Kennan Trustee March 15, 2001
- -----------------------
Elizabeth T. Kennan
/s/ John H. Mullin, III Trustee March 16, 2001
- -----------------------
John H. Mullin, III
/s/ Robert E. Patterson Trustee March 14, 2001
- -----------------------
Robert E. Patterson
/s/ A. J. C. Smith Trustee March 16, 2001
- ------------------
A. J. C. Smith
/s/ W. Thomas Stephens Trustee March 13, 2001
- ----------------------
W. Thomas Stephens
SCHEDULE A
Putnam California Investment Grade Municipal Trust
Putnam Convertible Opportunities and Income Trust
Putnam Dividend Income Fund
Putnam High Income Convertible and Bond Fund
Putnam High Yield Municipal Trust
Putnam Investment Grade Municipal Trust
Putnam Investment Grade Municipal Trust II
Putnam Investment Grade Municipal Trust III
Putnam Managed High Yield Trust
Putnam Managed Municipal Income Trust
Putnam Master Income Trust
Putnam Master Intermediate Income Trust
Putnam Municipal Opportunities Trust
Putnam New York Investment Grade Municipal Trust
Putnam Premier Income Trust
Putnam Tax-Free Health Care Fund