PUTNAM INTERNATIONAL GROWTH AND INCOME FUND
Prospectus Supplement dated April 7, 1997
to Prospectus dated April 1, 1997
The following officers of Putnam Investment Management, Inc.
("Putnam Management") have had primary responsibility for the
day-to-day management of the fund's portfolio since the years
stated below:
Business experience
Year (at least 5 years)
------- -------------------------
Justin M. Scott 1996 Employed as an investment
Managing Director professional by Putnam
Management since 1988.
George W. Stairs 1997 Employed as an investment
Vice President professional by Putnam
Management since 1994. Prior
to July 1994, Mr. Stairs was
an Associate at Value Quest
Ltd.
4/97
