PROSPECTUS SUPPLEMENT
dated October 9, 2000 to: 65935 10/00
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PUTNAM LATIN AMERICA FUND
PUTNAM ASIA PACIFIC FUND II
PUTNAM INTERNATIONAL FUND
Prospectus dated December 30, 1999
The section entitled "Who manages each fund?" is replaced with the
following for Putnam Asia Pacific Fund II:
The following officers of Putnam Management have had primary responsibility
for the day-to-day management of the indicated fund's portfolio since the
years shown below. Their experience as portfolio managers or investment
analysts over at least the last five years is also shown.
<TABLE>
<CAPTION>
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Manager Since Experience
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<S> <C> <C> <C>
Putnam Asia Pacific Fund II
Simon Davis 2000 2000-Present Putnam Management
Senior Vice President Prior to September 2000 Deutsche Asset
Management
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Carmel Peters 1998 1997-Present Putnam Management
Senior Vice President Prior to May 1997 Wheelock Natwest
Investment
Management
Prior to February 1996 Rothschild Asset
Management Asia
Pacific
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Paul C. Warren 1999 1997-Present Putnam Management
Senior Vice President Prior to May 1997 Director, IDS
Fund Management
</TABLE>
