Vote-By-Phone Solicitation Script for
Putnam Convertible Income-Growth Trust
This script provides information to the shareholder and solicits their vote
by phone, to be confirmed by written confirmation.
Good Morning/ Afternoon/ Evening. May I please speak with (name of
shareholder)? I am representing Putnam Investments in Boston. I am calling
in connection with the upcoming shareholder meeting for Putnam Convertible
Income-Growth Trust for which you recently received a proxy statement
requesting your vote.
To verify I am speaking with the shareholder of record, may I confirm that
you are (name of shareholder of record) and that your address of record is
(address of record)?
(If the person is unwilling to confirm this information, thank them for
their time and terminate the call.)
We noted that we have not yet received your proxy card. Do you have any
questions regarding the proposals being considered at the meeting that I
can clarify for you?
(If there are questions regarding the proposal, please refer to the proxy
statement.)
Would you like to vote by telephone?
(If not, ask the shareholder if they would like another proxy card, thank
them for their time and terminate the call. If so, proceed as follows:)
Pages 56 and 57 of the proxy statement that you received describes our
procedures for voting your shares by telephone.
I will now paraphrase the proxy card so that you can provide us with your
voting instructions. The proxy card generally states the following:
By authorizing your shares to be voted at the meeting you are approving
George Putnam, Hans H. Estin, and Robert E. Patterson, and each of them
separately, as proxies, with power of substitution, and are authorizing
them to represent and vote your shares at the meeting of shareholders of
Putnam Convertible Income-Growth Trust, on July 31, 1996, at 2:00 p.m.,
Boston time, and at any adjournments thereof.
When properly authorized, the proxy will be voted in the manner directed by
the shareholder. In their discretion, the proxies are authorized to vote
upon such other matters as may properly come before the meeting.
The proxy card requests your vote on the following proposals, for which the
Trustees are recommending your voting in favor.
Proposal 1.
Elect the following nominees as Trustees: J.A. Baxter, H.H. Estin, J.A.
Hill, R.J. Jackson, E.T. Kennan, L.J. Lasser, R.E. Paterson, D.S. Perkins,
W.F. Pounds, G. Putnam, G. Putnam, III, E. Shapiro, A.J.C. Smith, W.N.
Thorndike.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal? Would you like to
withhold authority to vote for one or more of the nominees?
<PAGE>
Proposal 2.
Ratify the selection of Coopers and Lybrand L.L.P. as independent
auditors of your fund?
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.A.
Amend the fund's fundamental investment restriction with respect to
diversification of investments.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.B.
Amend the fund's fundamental investment restriction with respect to
investments in the securities of a single issuer.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.C.
Amend the fund's fundamental investment restriction with respect to
making loans through purchases of debt obligations, repurchase agreements
and securities loans.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.D.
Amend the fund's fundamental investment restriction with respect to
investments in real estate.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.E.
Amend the fund's fundamental investment restriction with respect to
concentration of its assets.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.F.
Amend the fund's fundamental investment restriction with respect to
investments in commodities or commodity contracts.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
<PAGE>
Proposal 3.G.
Amend the fund's fundamental investment restriction with respect to
underwriting.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.H.
Eliminate the fund's fundamental investment restriction with respect to
investments in certain oil, gas and mineral interests.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.I.
Eliminate the fund's fundamental investment restriction with respect to
options transactions.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.J.
Eliminate the fund's fundamental investment restriction with respect to
investments in issuers that have been in operation for less than three
years.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3. K.
Eliminate the fund's fundamental investment restriction with respect to
investments in securities of issuers in which management of the fund or
Putnam Investment Management, Inc. owns securities.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.L.
Eliminate the fund's fundamental investment restriction with respect to
margin transactions.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.M.
Eliminate the fund's fundamental investment restriction with respect to
short sales.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
<PAGE>
Proposal 3.N.
Eliminate the fund's fundamental investment restriction which limits the
fund's ability to pledge assets.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.O.
Eliminate the fund's fundamental restrictions with respect to investments
in illiquid securities.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.P.
Eliminate the fund's fundamental investment restriction with respect to
investing to gain control of a company s management.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Proposal 3.Q.
Eliminate the fund's fundamental restriction with respect to investments
in warrants.
How would you like to vote on this proposal?
Would you like to vote for the proposal, against the proposal, or would
you like to abstain from voting on this proposal?
Thank you.
I will now repeat your instructions:
You voted: (For, Against, Abstained from) (list all proposals)
Is this correct?
Thank you. We will be sending you a written confirmation of your vote. Please
call us if the information on the confirmation is incorrect.