PROSPECTUS SUPPLEMENT 63276 7/00
dated July 24, 2000 to:
Putnam International Growth and Income Fund (the "fund")
Prospectus dated October 30, 1999
In the section entitled "Who manages the fund?" the second paragraph is
replaced with the following:
The following officers of Putnam Management have had primary responsibility
for the day-to-day management of the 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.
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Manager Since Experience
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Deborah F. Kuenstner 1997 1997 - Present Putnam Management
Managing Director Prior to March 1997 Dupont Pension Fund
Investment
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Colin Moore 2000 2000 - Present Putnam Management
Managing Director Prior to May 2000 Rockefeller & Co., Inc.
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George W. Stairs 1997 1994 - Present Putnam Management
Senior Vice President
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