THE PUTNAM FUND FOR GROWTH AND INCOME
Prospectus Supplement dated April 15, 1996
to Prospectuses dated March 1, 1996
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 year stated
below:
Business experience
Year (at least 5 years)
------- -------------------------
Anthony I. Kreisel 1993 Employed as an investment
Managing Director professional by Putnam
Management since 1986.
Robert W. D'Alelio 1996 Employed as an investment
Senior Vice President professional by Putnam
Management since 1981.
David L. King 1993 Employed as an investment
Senior Vice President professional by Putnam
Management since 1983.