PUTNAM CONVERTIBLE INCOME-GROWTH TRUST
Prospectus Supplement dated May 5, 1997
to Prospectuses dated February 28, 1997
The following officers of Putnam Investment Management, Inc.
("Putnam Management") have had primary responsibility for the
day-to-day management of the fund's portfolio since the years
stated below:
Business experience
Year (at least 5 years)
------- -------------------------
Hugh Mullin 1992 Employed as an investment
Senior Vice President professional by Putnam
Management since 1986.
Charles G. Pohl 1992 Employed as an investment
Senior Vice President professional by Putnam
Management since 1983.
Edward T. Shadek, Jr. 1997 Employed as as investment
Senior Vice President professional by Putnam
Management since March, 1997.
Prior to March, 1997 Mr.
Shadek was a Portfolio Manager
at Newbold's Asset Management
Co., and prior to January,
1993, Mr. Shadek was an
Analyst at Steinhardt
Partners.
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