Stock Trading History of Roumell Asset Management, Llc

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Roumell Asset Management, Llc since year 2005. The trader's CIK number is 1331693. At the time of this reporting, Roumell Asset Management, Llc is the 10% Owner of Putnam Managed High Yield Trust (stock ticker symbol PTM).

Stock purchases, sales, and option exercises reported by *Roumell Asset Management, Llc* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-03-03	PTM	Putnam Managed High Yield Trust	Purchase	14,600	8.15	118,990
2006-03-07	PTM	Putnam Managed High Yield Trust	Purchase	10,500	8.11	85,174
2006-03-08	PTM	Putnam Managed High Yield Trust	Purchase	17,000	8.05	136,867
2006-03-10	PTM	Putnam Managed High Yield Trust	Purchase	12,000	8.15	97,770
2006-03-09	PTM	Putnam Managed High Yield Trust	Purchase	15,950	8.04	128,164
2006-03-13	PTM	Putnam Managed High Yield Trust	Purchase	46,000	8.06	370,530
2006-02-24	PTM	Putnam Managed High Yield Trust	Purchase	23,500	8.10	190,258
2006-02-27	PTM	Putnam Managed High Yield Trust	Purchase	10,050	8.15	81,907
2006-02-28	PTM	Putnam Managed High Yield Trust	Purchase	3,100	8.15	25,265
2006-03-01	PTM	Putnam Managed High Yield Trust	Purchase	3,700	8.15	30,155
2006-03-02	PTM	Putnam Managed High Yield Trust	Purchase	1,500	8.15	12,225
2006-03-06	PTM	Putnam Managed High Yield Trust	Purchase	6,350	8.15	51,752

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Roumell Asset Management, Llc (10% Owner of Putnam Managed High Yield Trust at the time of this reporting) see the Securities and Exchange Commission (SEC) website.