THE GEORGE PUTNAM FUND OF BOSTON
PROSPECTUS SUPPLEMENT DATED JANUARY 13, 1997
TO PROSPECTUSES DATED NOVEMBER 30, 1996
The third paragraph under the heading "How the fund is managed"
is replaced 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
Year (at least 5 years)
----- -------------------------
Edward P. Bousa Employed as an investment
Senior Vice President 1994 professional by Putnam
Management since October,
1992. Prior to October, 1992,
Mr. Bousa was Vice President
and Portfolio Manager at
Fidelity Investments.
Kenneth J. Taubes Employed as an investment
Senior Vice President 1993 professional by Putnam
Management since 1991.
Rosemary H. Thomsen Employed as an investment
Senior Vice President 1995 professional by Putnam
Management since 1986.
Robert M. Paine Employed as an investment
Senior Vice President 1996 professional by Putnam
Management since 1987.
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