64731 8/00
PROSPECTUS SUPPLEMENT
dated September 11, 2000 to:
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Putnam International Growth Fund (the "fund")
Prospectus 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.
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Manager Since Experience
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Omid Kamshad 1996 1996 -- Present Putnam Management
Managing Director Prior to Jan. 1996 Lombard Odier International
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Justin M. Scott 1991 1988 -- Present Putnam Management
Managing Director
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Paul C. Warren 1999 1997 -- Present Putnam Management
Managing Director Prior to May 1997 IDS Fund Management
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Joshua L. Byrne 2000 1993 -- Present Putnam Management
Senior Vice President
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Stephen Oler 2000 1997 -- Present Putnam Management
Senior Vice President Prior to June 1997 Templeton Investments
Prior to March 1996 Baring Asset Management Co.
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