46483 9/98
PROSPECTUS SUPPLEMENT
dated September 14, 1998 to:
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PUTNAM CONVERTIBLE INCOME-GROWTH TRUST
Prospectuses dated February 28, 1998
In the section entitled "How the fund is managed," the third
paragraph is replaced in its entirety with the following:
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
OFFICER YEAR (AT LEAST 5 YEARS)
- ------- ---- ----------------------------
Forrest N. Fontana 1998 Employed as an investment
Senior Vice President professional by Putnam
Management since 1983.
Charles G. Pohl 1992 Employed as an investment
Senior Vice President professional by Putnam
Management since 1983.