PUTNAM EUROPE GROWTH FUND
Prospectus Supplement dated November 6, 1995
to Prospectus dated November 1, 1995
The table on page 15 of the Prospectus is replaced with the
following:
BUSINESS EXPERIENCE
YEAR (AT LEAST 5 YEARS)
---- -------------------------
Justin Scott 1990 Employed as an investment
Senior Vice President professional by Putnam
Investment Management, Inc.
("Putnam Management") since
1988.
Mark D. Pollard 1995 Employed as an investment
Vice President professional by Putnam
Management since 1990.
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