Publish to Word
There is a better way to create custom handouts.
Microsoft PowerPoint can Publish your presentation in Microsoft
Word. The slides will be exported as miniature images and the
document will be formatted with a Table for the layout. It is a
very, very smooth tool.
Try it: Publish to
Microsoft Word
Go to Office ->Publish.
Choose Create Handouts in Word.
When you are prompted, please choose Notes next to
slides.