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PROSPECTUS SUPPLEMENT
dated January 11, 1999 to:
- -----------------------------------------------------------------
THE GEORGE PUTNAM FUND OF BOSTON
Prospectuses dated November 30, 1998
In the section entitled "Who manages the fund?" the second
paragraph 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 shown
below. Their experience as portfolio managers or investment
analysts over at least the last five years is also shown:
Manager Since Experience
- ------- ---- ----------------------------
Krishna K. Memani 1998 Employed by Putnam
Managing Director Management since 1998.
Prior to September, 1998,
Mr. Memani was employed at
Morgan Stanley & Co.
David L. Waldman 1998 Employed by Putnam
Managing Director Management since 1997.
Prior to June, 1997, Mr.
Waldman was employed at
Lazard Freres and Goldman
Sachs.
Edward P. Bousa 1994 Employed by Putnam
Senior Vice President Management since 1992.
James M. Prusko 1998 Employed by Putnam
Senior Vice President Management since 1992.