PUTNAM HEALTH SCIENCES TRUST
NSAR-B, 1996-10-30
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<PAGE>      PAGE  1
000 B000000 08/31/96
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020 A000002 PAINEWEBBER INC.
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<PAGE>      PAGE  3
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SIGNATURE   PAUL BUCAVALAS                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY 
FINANCIAL INFORMATION EXTRACTED 
FROM Putnam Health Sciences Class A 
AND IS QUALIFIED IN ITS ENTIRETY 
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>YEAR	
<FISCAL-YEAR-END>AUG-31-1996
<PERIOD-END>AUG-31-1996
<INVESTMENTS-AT-COST >876,718,596	    
<INVESTMENTS-AT-VALUE>1,450,710,824
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<TOTAL-LIABILITIES>6,181,612
<SENIOR-EQUITY>0
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<OTHER-INCOME>0
<EXPENSES-NET>15,919,465
<NET-INVESTMENT-INCOME>	4,244,121
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY 
FINANCIAL INFORMATION EXTRACTED 
FROM Putnam Health Sciences Class B AND 
IS QUALIFIED IN ITS ENTIRETY BY 
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>YEAR	
<FISCAL-YEAR-END>AUG-31-1996
<PERIOD-END>	AUG-31-1996
<INVESTMENTS-AT-COST >876,718,596	    
<INVESTMENTS-AT-VALUE>1,450,710,824
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<SENIOR-EQUITY>0
<PAID-IN-CAPITAL-COMMON>840,705,635
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY 
FINANCIAL INFORMATION EXTRACTED 
FROM Putnam Health Sciences Class M 
AND IS QUALIFIED IN ITS ENTIRETY 
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>YEAR	
<FISCAL-YEAR-END>AUG-31-1996
<PERIOD-END>	AUG-31-1996
<INVESTMENTS-AT-COST >876,718,596	    
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</TABLE>


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