59083 1/00
Prospectus Supplement
dated January 10, 2000 to:
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Putnam International Growth Fund (the "fund")
Prospectuses dated October 30, 1999
In the section entitled "Who manages the fund?" the second paragraph is
replaced with the following:
The following officers of 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
Omid Kamshad 1996 1996 - Present Putnam Management
Managing Director 1995 - Jan. 1996 Lombard Odier International
Portfolio Management Limited
Prior to Apr. 1995 Baring Asset Management
Company
Justin M. Scott 1991 1988 - Present Putnam Management
Managing Director
Joshua L. Byrne 2000 1993 - Present Putnam Management
Senior Vice President
Mark D. Pollard 1999 1990 - Present Putnam Management
Senior Vice President
Paul C. Warren 1999 1997 - Present Putnam Management
Senior Vice President Prior to May 1997 IDS Management, Ltd.
