Putnam Arizona Tax Exempt Income Fund
(the "Arizona fund")
Putnam Florida Tax Exempt Income Fund
(the "Florida fund")
Putnam Massachusetts Tax Exempt Income Fund
(the "Massachusetts fund")
Putnam Michigan Tax Exempt Income Fund
(the "Michigan fund")
Putnam Minnesota Tax Exempt Income Fund
(the "Minnesota fund")
Putnam New Jersey Tax Exempt Income Fund
(the "New Jersey fund")
Putnam Ohio Tax Exempt Income Fund
(the "Ohio fund")
Putnam Pennsylvania Tax Exempt Income Fund
(the "Pennsylvania fund")
Prospectus Supplement dated July 15, 1996
to Prospectus dated October 1, 1995, as revised May 1, 1996
The following officers of Putnam Investment Management, Inc.,
("Putnam Management") have had primary responsibility for the
day-to-day management of the indicated funds' portfolios since
the years stated below:
Business experience
Year (at least 5 years)
------- -----------------
Howard K. Manning Employed as an investment
Senior Vice President professional by Putnam
Management since 1986.
Arizona fund 1995
Michigan fund 1993
Minnesota fund 1993
Richard P. Wyke Employed as an investment
Senior Vice President professional by Putnam
Management since 1987.
Florida fund 1990
Massachusetts fund 1996
Ohio fund 1996
Pennsylvania fund 1990
Leslie J. Burke Employed as an investment
Vice President professional by Putnam
New Jersey fund 1995 Management since 1992.
Prior to 1992, Ms. Burke
was a Research Associate
and Municipal Bond Trader
at Fidelity Management
and Research Company.
