PUTNAM ENERGY RESOURCES TRUST
497, 1994-03-11
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                       PUTNAM ENERGY-RESOURCES TRUST

                      Supplement dated March 10, 1994
                    to Prospectus dated January 1, 1994




Jeanne L. Mockard, Vice President of Putnam Investment
Management, Inc. ("Putnam Management") and Vice President of the
Fund, is primarily responsible for the day-to-day management of
the Fund's portfolio and has had this responsibility since March
8, 1994.   Ms. Mockard has been employed by Putnam Management
since August, 1990. 






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