PUTNAM MICHIGAN TAX EXEMPT INCOME FUND /
NSAR-B, EX-27, 2000-07-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Michigan Tax Exempt Income Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS M

<S>                             <C>
<PERIOD-TYPE>                  Annual
<FISCAL-YEAR-END>                          MAY-31-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                      162,184,834
<INVESTMENTS-AT-VALUE>                     155,716,861
<RECEIVABLES>                                4,616,202
<ASSETS-OTHER>                               1,002,738
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             161,335,801
<PAYABLE-FOR-SECURITIES>                     1,495,380
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,055,153
<TOTAL-LIABILITIES>                          2,550,533
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   169,141,018
<SHARES-COMMON-STOCK>                          240,115
<SHARES-COMMON-PRIOR>                          210,448
<ACCUMULATED-NII-CURRENT>                      130,017
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,005,284)
<ACCUM-APPREC-OR-DEPREC>                   (6,480,483)
<NET-ASSETS>                               158,785,268
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           10,712,712
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,704,879
<NET-INVESTMENT-INCOME>                      9,007,833
<REALIZED-GAINS-CURRENT>                    (2,009,403)
<APPREC-INCREASE-CURRENT>                 (13,862,133)
<NET-CHANGE-FROM-OPS>                      (6,863,703)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (103,292)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        110,774
<NUMBER-OF-SHARES-REDEEMED>                   (89,997)
<SHARES-REINVESTED>                              8,890
<NET-CHANGE-IN-ASSETS>                    (35,401,985)
<ACCUMULATED-NII-PRIOR>                        133,256
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                 (1,999,138)
<GROSS-ADVISORY-FEES>                          891,799
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,821,744
<AVERAGE-NET-ASSETS>                         2,061,549
<PER-SHARE-NAV-BEGIN>                             9.13
<PER-SHARE-NII>                                    .43
<PER-SHARE-GAIN-APPREC>                          (.76)
<PER-SHARE-DIVIDEND>                             (.43)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.37
<EXPENSE-RATIO>                                   1.18
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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