C-19
As filed with the Securities and Exchange Commission on
October 30 ,1998
Registration No. 33-3515
811-7513
- -----------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------
FORM N-1A
----
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 / X /
----
----
Pre-Effective Amendment No. / /
----
----
Post-Effective Amendment No. 20 / X /
and ----
----
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY / X /
ACT OF 1940 ----
----
Amendment No. 22 / X /
(Check appropriate box or boxes) ----
---------------
PUTNAM FUNDS TRUST
(Exact name of registrant as specified in charter)
One Post Office Square, Boston, Massachusetts 02109
(Address of principal executive offices)
Registrant's Telephone Number, including Area Code
(617) 292-1000
--------------
It is proposed that this filing will become effective
(check appropriate box)
----
/ / immediately upon filing pursuant to paragraph (b)
- ----
----
/ / on
(date) pursuant to paragraph (b)
- ----
----
/ / 60 days after filing pursuant to paragraph (a) (1)
/X/ on December 30, 1998 pursuant to paragraph (a) (1) of
Rule 485.
- ----/ / 75 days after filing
pursuant to paragraph (a) (2)
- ----
----
/ / on (date) pursuant to paragraph (a) (2) of Rule 485.
- ----
If appropriate, check the following box:
----
/ / this post-effective amendment designates a new
- ---- effective date for a previously filed post-effective
amendment.
--------------
JOHN R. VERANI, Vice President
PUTNAM FUNDS TRUST
One Post Office Square
Boston, Massachusetts 02109
(Name and address of agent for service)
---------------
Copy to:
JOHN W. GERSTMAYR, Esquire
ROPES & GRAY
One International Place
Boston, Massachusetts 02110
---------------------
PART C
This Post-Effective Amendment relates solely to Putnam Latin
America Fund, Putnam Asia Pacific Fund II and Putnam High Yield
Trust II. Information contained in the Registrant's Registration
Statement relating to any other series of the Registrant is
neither amended nor superseded hereby.
As filed with the Securities and Exchange Commission on
October 29 ,1998
Registration No. 33-56339
811-7237
- -----------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------
FORM N-1A
----
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 / X /
----
----
Pre-Effective Amendment No. / /
----
----
Post-Effective Amendment No. 18 / X /
and ----
----
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY / X /
ACT OF 1940 ----
----
Amendment No. 16 / X /
(Check appropriate box or boxes) ----
PUTNAM INVESTMENT FUNDS
(Exact name of registrant as specified in charter)
One Post Office Square, Boston, Massachusetts 02109
(Address of principal executive offices)
Registrant's Telephone Number, including Area Code
(617) 292-1000
--------------
It is proposed that this filing will become effective
(check appropriate box)
----
/ / immediately upon filing pursuant to paragraph (b)
- ----
----
/ / on (date) pursuant to paragraph (b)
- ----
----
/ / 60 days after filing pursuant to paragraph (a) (1)
/X/ on December 30, 1998 pursuant to paragraph (a) (1) of
Rule 485.
/ / 75 days after filing
pursuant to paragraph (a) (2)
- ----
----
/ / on (date) pursuant to paragraph (a) (2) of Rule 485.
- ----
If appropriate, check the following box:
----
/ / this post-effective amendment designates a new
- ---- effective date for a previously filed post-effective
amendment.
--------------
JOHN R. VERANI, Vice President
PUTNAM INVESTMENT FUNDS
One Post Office Square
Boston, Massachusetts 02109
(Name and address of agent for service)
---------------
Copy to:
JOHN W. GERSTMAYR, Esquire
ROPES & GRAY
One International Place
Boston, Massachusetts 02110
---------------------
PART C
This Post-Effective Amendment relates solely to Putnam
International Fund, Putnam New Value Fund, Putnam International
Voyager Fund and Putnam Emerging Markets Fund. Information
contained in the Registrant's Registration Statement relating to
any other series of the Registrant is neither amended nor
superseded hereby.
[/R]
PUTNAM INVESTMENT FUNDS
FORM N-1A
PART C
OTHER INFORMATION
ITEM 23. EXHIBITS
1. Agreement and Declaration of Trust dated October 31, 1994 --
Incorporated by reference to Registrant's Initial Registration
Statement.
2. By-Laws, -- Incorporated by reference to Registrant's
Initial Registration Statement.
3. Not applicable.
4a. Portions of Agreement and Declaration of
Trust Relating to Shareholders' Rights --
Incorporated by reference to Pre-Effective
Amendment No. 1 to Registrant's Registration
Statement.
4b. Portions of By-Laws Relating to
Shareholders' Rights --
Incorporated by reference to Pre-
Effective Amendment No. 1 to Registrant's
Registration Statement.
5. Management Contract dated December 12,
1994, as revised July 14, 1995, as further revised
December 1, 1995 -- Incorporated by reference to
Post-Effective Amendment No. 5 to the Registrant's
Registration Statement.
6a. Distributor's Contract dated December 2, 1994 --
Incorporated by reference to Pre-Effective
Amendment No. 1 to the Registrant's Registration
Statement.
6b. Form of Specimen Dealer Sales Contract -
Incorporated by reference to Pre-effective
Amendment No. 1 to the Registrant's Registration
Statement.
6c. Form of Specimen Financial Institution
Sales Contract - Incorporated by reference to Pre-
effective Amendment No. 1 to the Registrant's
Registration Statement.
7. Trustee Retirement Plan dated October 4,
1996 --Incorporated by reference to Post-Effective
Amendment No. 10 to the Registrant's Registration
Statement.
8. Custodian Agreement with Putnam
Fiduciary Trust Company dated May 3, 1991, as
amended July 13, 1992 -- Incorporated by reference
to Pre-Effective Amendment No. 1 to the
Registrant's Registration Statement.
9. Investor Servicing Agreement dated June
3, 1991 with Putnam Fiduciary Trust Company --
Incorporated by reference to Pre-Effective
Amendment No. 1 to the Registrant's Registration
Statement.
10. Opinion of Ropes & Gray, including
consent -- Incorporated by reference to Pre-
Effective Amendment No. 1 to the Registrant's
Registration Statement.
11. Not applicable.
12. Not applicable.
13. Investment Letter from Putnam
Investments, Inc. to the Registrant --
Incorporated by reference to Pre-Effective
Amendment No. 1 to the Registrant's Registration
Statement.
13a. Class A Distribution Plan and Agreement
Incorporated by reference to Pre-effective
Amendment No. 1 to the Registrant's Registration
Statement.
13b. Class B Distribution Plan and Agreement
Incorporated by reference to Post-Effective
Amendment No. 1 to the Registrant's Registration
Statement.
13c. Class M Distribution Plan and Agreement
Incorporated by reference to Post-Effective
Amendment No. 1 to the Registrant's Registration
Statement.
13d. Form of Specimen Dealer Service
Agreement - Incorporated by reference to Pre-
effective Amendment No. 1 to the Registrant's
Registration Statement.
13e. Form of Specimen Financial Institution
Service Agreement -- Incorporated by reference to
Pre-effective Amendment No. 1 to the Registrant's
Registration Statement.
14a. Financial Data Schedule for Class A
shares Putnam International Fund-- Exhibit 1
14b. Financial Data Schedule for Class A
shares Putnam Emerging Markets Fund - Exhibit 2
14c. Financial Data Schedule for Class B
shares Putnam Emerging Markets Fund - Exhibit 3
14d. Financial Data Schedule for Class M
shares Putnam Emerging Markets Funds - Exhibit 4
14e. Financial Data Schedule for Class A
shares Putnam International Voyager Fund- Exhibit
5
14f. Financial Data Schedule for Class B
shares Putnam International Voyager Fund - Exhibit
6
14g. Financial Data Schedule for Class M
shares Putnam International Voyager Fund - Exhibit
7
14h. Financial Data Schedule for Class A
shares Putnam New Value Fund- Exhibit 8
14i. Financial Data Schedule for Class B
shares Putnam New Value Fund - Exhibit 9
14j. Financial Data Schedule for Class M
shares Putnam New Value Fund - Exhibit 10
15. Rule 18f-3 Plan -- Incorporated by
reference to Post-Effective Amendment No. 5 to the
Registrant's Registration Statement.
ITEM 24. PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH
REGISTRANT
As of September 30, 1998, Putnam Investments, Inc.
owned 94.50%, 14.10%, 4.60%, and 5.30% respectively of Putnam
International Fund, Putnam Emerging Markets Fund, Putnam
International Voyager Fund and Putnam New Value Fund.
ITEM 25. INDEMNIFICATION
The information required by this item is incorporated
herein by reference from the Registrant's initial Registration
Statement on Form N-1A under the Investment Company Act of 1940
(File No. 811-7237).
ITEMS 26 AND 27.
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ITEM 26. BUSINESS AND OTHER CONNECTIONS OF INVESTMENT
ADVISE R
Except as set forth below, the directors and officers of the
REGISTRANT'S investment adviser have been engaged during
the past two fiscal years in no business, vocation or employment
of a substantial nature other than as directors or officers of
the investment adviser or certain of its corporate affiliates.
Certain officers of the investment adviser serve as officers of
some or all of the Putnam funds. The address of the investment
adviser, its corporate affiliates and the Putnam Funds is
ONE Post Office Square, Boston, Massachusetts 02109.
NAME NON-PUTNAM BUSINESS AND OTHER
CONNECTIONS
Michael J. Abata Prior to May, 1997, Assistant
ASSISTANT VICE PRESIDENT Vice President, Alliance Capital
Management Corp., 1345
Avenue of the Americas, New York,
NY 10020
BLAKE ANDERSON TRUSTEE, SALEM FEMALE CHARITABLE
MANAGING DIRECTOR SOCIETY, SALEM MA 01970
Barry R. Allen Prior to December, 1997,
VICE PRESENT Analyst/Director of Research,
Harbor Capital
Management, 125 High St., Boston,
MA 02110
Jennifer Antill Prior to November, 1996,
MANAGING DIRECTOR Director, IAI International/Hill
Samuel Investment
Advisors, 10 Fleet Place, London,
England
Nikesh Arora Prior to April, 1997, Chief
VICE PRESIDENT Financial Officer,
Fidelity Investments, 82
Devonshire St., Boston, MA 02110
Michael Arends Prior to MAY,
Senior Vice President 1997, MANAGING Director,
EQUITIES, PHOENIX DUFF & PHELPS,
56 PROSPECT ST., HARTFORD, CT
06101 ; Board Member,
DONALD L. ARENDS, INC.,
100 JORIE BLVD., OAKBROOK, ILL
60523
STEVEN E. ASHER TREASURER, THE HARVARD
Senior Vice President INDEPENDENT, INC. 501(C) (3)
CHARITABLE ORGANIZATION, CANADY
HALL, HARVARD YARD, CAMBRIDGE, MA
02138
MICHAEL J. ATKIN PRIOR TO JULY, 1997, DIRECTOR OF
SENIOR VICE PRESIDENT LATIN AMERICA INSTITUTE OF
INTERNATIONAL FINANCE, 2000
PENNSYLVANIA AVENUE, WASHINGTON,
D.C. 20006
JEFFREY B. AUGUSTINE PRIOR TO JANUARY, 1998, VICE
SENIOR VICE PRESIDENT PRESIDENT, INVESTMENT CONSULTING,
INVESTOR TOOLS, INC., 100 BRIDGE
ST. PLAZA, YORKVILLE, IL 60560
ROWLAND T. BANKES PRIOR TO JULY, 1997, SENIOR FIXED-
VICE PRESIDENT INCOME TRADER, JENNISON, JENNISON
ASSOCIATES CAPITAL CORP., ONE
FINANCIAL CENTER, BOSTON, MA
02110
ROBERT R. BECK DIRECTOR, CHARLES BRIDGE
SENIOR VICE PRESIDENT PUBLISHING, 85 MAIN ST.,
WATERTOWN, MA 02172; BOARD OF
OVERSEERS, BETH ISRAEL DEACONESS
MEDICAL CENTER, 330 BROOKLINE
AVE., BOSTON, MA 02215
CARL D. BELL PRIOR TO JANUARY, 1998,
VICE PRESIDENT PRINCIPAL, SMITH BREEDON
ASSOCIATION, 100 EUROPA DRIVE,
SUITE 200, CHAPEL HILL, NC 27514
GEOFFREY C. BLAISDELL PRIOR TO OCTOBER, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT, BLACKROCK FINANCIAL,
345 PARK AVENUE, NEW YORK, NY
10010
JEFFREY M. BRAY PRIOR TO OCTOBER, 1997, ANALYST,
VICE PRESIDENT LEHMAN BROTHERS, 3 WORLD
FINANCIAL CENTER, NEW YORK, NY
10285
DAVID J. BUCKLE PRIOR TO MARCH, 1998, VICE
VICE PRESIDENT PRESIDENT, J.P. MORGAN INVESTMENT
MANAGEMENT, 28 KING ST., LONDON,
ENGLAND SWI YXA
RONALD J. BUKOVAC PRIOR TO OCTOBER, 1997, SENIOR
VICE PRESIDENT MANAGER, VALUATION, PRICE
WATERHOUSE, 200 E. RANDOLPH
DRIVE, CHICAGO, IL 60601
ROBERT W. BURKE MEMBER-EXECUTIVE COMMITTEE, THE
SENIOR MANAGING DIRECTOR RIDGE CLUB, COUNTRY CLUB ROAD,
SANDWICH, MA 02563; MEMBER-
ADVISORY BOARD, CATHEDRAL HIGH
SCHOOL, 74 UNION PARK ST., SO.
BOSTON, MA 02118
JACK P. CHANG PRIOR TO JULY, 1997, VICE
VICE PRESIDENT PRESIDENT, COLUMBIA MANAGEMENT
COMPANY, 1300 S.W. 6TH AVE.,
PORTLAND, OR 97207
MARY CLAIRE CHASE PRIOR TO JANUARY, 1997, DIRECTOR
VICE PRESIDENT OF STAFF DEVELOPMENT, ARTHUR D.
LITTLE CO., 25 ACORN PARK,
CAMBRIDGE, MA 02140
C. BETH COTNER DIRECTOR, THE LYRIC STAGE
SENIOR VICE PRESIDENT THEATER, 140 CLARENDON ST.,
BOSTON, MA 02116
KEVIN M. CRONIN PRIOR TO FEBRUARY, 1997, VICE
MANAGING DIRECTOR PRESIDENT AND PORTFOLIO MANAGER,
MFS INVESTMENT MANAGEMENT, 500
BOYLSTON ST., BOSTON, MA 02117
JOHN R.S. CUTLER MEMBER, BURST MEDIA, L.L.C., 10
ASSISTANT VICE PRESIDENT NEW ENGLAND EXECUTIVE PARK,
BURLINGTON, MA 01803
KENNETH DALY PRESIDENT, ANDOVER RIVER RD. TMA,
MANAGING DIRECTOR RIVER ROAD TRANSPORTATION
MANAGEMENT ASSOCIATION, 7
SHATTUCK RD., ANDOVER, MA 01810
MICHAEL W. DAVIS PRIOR TO AUGUST, 1997,
VICE PRESIDENT TECHNICAL FINANCE CONSULTANT,
BANK OF AMERICA MORTGAGE, 50
CALIFORNIA ST., SAN FRANCISCO, CA
94111
JOHN C. DELANO PRIOR TO JULY, 1998, SENIOR
ASSISTANT VICE PRESIDENT FOREIGN EXCHANGE TRADER,
NATIONSBANK, 233 SO. WACKER
DRIVE, CHICAGO, IL 60606
EDWIN M. DENSON PRIOR TO NOVEMBER, 1997, VICE
VICE PRESIDENT PRESIDENT AND SENIOR ECONOMIST
PRIMARK DECISION ECONOMICS, 260
FRANKLIN ST., BOSTON, MA 02110
RALPH C. DERBYSHIRE PRIOR TO NOVEMBER, 1997, PARTNER,
SENIOR VICE PRESIDENT PALMER & DODGE, ONE BEACON
STREET, BOSTON, MA 02108; BOARD
MEMBER, MSPCC, 399 BOYLSTON ST.,
BOSTON, MA; BOARD MEMBER,
WINCHESTER AFTER SCHOOL PROGRAM,
SKILLINGS RD., WINCHESTER, MA
MICHAEL G. DOLAN CHAIRMAN-FINANCE COUNCIL, ST.
ASSISTANT VICE PRESIDENT MARY'S PARISH, 44 MYRTLE ST.,
MELROSE, MA 02176; MEMBER,
SCHOOL ADVISORY BOARD, ST. MARY'S
SCHOOL, 44 MYRTLE ST., MELROSE,
MA 02176
MARK E. DOW PRIOR TO NOVEMBER, 1997,
VICE PRESIDENT ECONOMIST, INTERNATIONAL MONETARY
FUND, WASHINGTON, DC
EMILY DURBIN BOARD OF DIRECTORS, FAMILY
VICE PRESIDENT SERVICE, INC., LAWRENCE, MA 01840
KARNIG H. DURGARIAN BOARD MEMBER, EBRI, SUITE 600,
MANAGING DIRECTOR 2121 K ST., N.W., WASHINGTON, DC
20037-1896. TRUSTEE, AMERICAN
ASSEMBLY, 122 C. ST., N.W., SUITE
350, WASHINGTON, DC 20001
NATHAN EIGERMAN TRUSTEE, FLOWER HILL TRUST, 298
VICE PRESIDENT MARLBOROUGH ST., #4, BOSTON, MA
02116
IRENE M. ESTEVES PRIOR TO JANUARY, 1997, VICE
MANAGING DIRECTOR PRESIDENT, MILLER BREWING CO.,
3939 WEST HIGHLAND BLVD.,
MILWAUKEE, WI 53210. BOARD OF
DIRECTOR MEMBER, AMERICAN
MANAGEMENT ASSOCIATION FINANCE
COUNCIL, 1601 BROADWAY, NEW YORK,
NY; BOARD OF DIRECTOR MEMBER,
FIRST NIGHT BOSTON, 20 PARK
PLAZA, SUITE 927, BOSTON, MA;
BOARD OF DIRECTOR MEMBER, SC
JOHNSON COMMERCIALMARKETS, 8310
16TH ST., STUTEVANT, WI 53177;
BOARD OF DIRECTOR MEMBER,
MASSACHUSETTS TAXPAYERS
FOUNDATION, 24 PROVINCE ST.,
BOSTON, MA; BOARD OF DIRECTOR
MEMBER, MRS. BAIRDS BAKERIES, 515
JONES ST., SUITE 200, FORT WORTH,
TEXAS 76102
IAN FERGUSON TRUSTEE, PARK SCHOOL, 171 GODDARD
SENIOR MANAGING DIRECTOR AVENUE, BROOKLINE, MA 02146
EDWARD R. FINCH PRIOR TO DECEMBER, 1997, MANAGING
VICE PRESIDENT DIRECTOR, M.A. WEATHERBIE & CO.,
265 FRANKLIN ST., BOSTON, MA
02110
KATE FLEISHER PRIOR TO JANUARY, 1998, DIRECTOR
VICE PRESIDENT OF HUMAN RESOURCES, LAURA ASHLEY,
6 ST., JAMES AVE. SUITE 410,
BOSTON, MA 02116
J. PETER GRANT TRUSTEE, THE DOVER CHURCH, DOVER,
SENIOR VICE PRESIDENT MA 02030
PATRICE GRAVIERE PRIOR TO MARCH, 1998, REGIONAL
SENIOR VICE PRESIDENT DIRECTOR FOR LATIN AMERICA, MFS
INTERNATIONAL, LTD, BUENOS AIRES,
BRAZIL
PAUL E. HAAGENSEN DIRECTOR, HAAGENSEN RESEARCH
SENIOR VICE PRESIDENT FOUNDATION, 630 WEST 168TH ST.,
NEW YORK, NY 10032
JAMES B. HAINES PRIOR TO FEBRUARY, 1997,
ASSISTANT VICE PRESIDENT ASSOCIATE, BENEFIT DEPARTMENT,
ROPES & GRAY, ONE INTERNATIONAL
PLACE, BOSTON, MA 02110
MARY S. HAPIJ PRIOR TO MARCH, 1997, RESEARCH
VICE PRESIDENT LIBERTY MANAGER, PIONEERING
MANAGEMENT CORP., 60 STATE
STREET, BOSTON, MA 02109
NIGEL P. HART PRIOR TO OCTOBER, 1997, SENIOR
VICE PRESIDENT VICE PRESIDENT AND PORTFOLIO
MANAGER, INVESTMENT ADVISERS,
3700 FIRST BANK PLACE,
MINNEAPOLIS, MN 55402
DEBORAH R. HEALEY CORPORATOR, NEW ENGLAND BAPTIST
SENIOR VICE PRESIDENT HOSPITAL, 125 PARKER HILL AVE.,
BOSTON, MA 02120; DIRECTOR, NEB
ENTERPRISES, 125 PARKET HILL
AVE., BOSTON, MA 02120
MARIANNE P. ISGUR PRIOR TO MARCH, 1998, EXECUTIVE
ASSISTANT VICE PRESIDENT RECRUITER, PROFESSIONS, 2 VILLA
RD., SO. HAMILTON, MA 01982;
PRESIDENT, EQUINE VENTURES, LTD.,
25 FELLOWS RD., IPSWICH, MA 01932
JEFFREY KAUFMAN PRIOR TO JULY, 1998, VICE
SENIOR VICE PRESIDENT PRESIDENT AND PORTFOLIO MANAGER,
MFS INVESTMNT MANAGEMENT, 500
BOYLSTON ST., BOSTON, MA 02116
IRA C. KALUS-BYSTRICKY PRIOR TO MARCH, 1998, CONSULTANT,
VICE PRESIDENT ARTHUR D. LITTLE, 25 ACORN PARK,
CAMBRIDGE, MA 02114
MARY E. KEARNEY TRUSTEE, MASSACHUSETTS EYE AND
MANAGING DIRECTOR EAR INFIRMARY, 243 CHARLES ST.,
BOSTON, MA 02114
KEVIN J. KELEHER PRIOR TO AUGUST, 1998, SUPPORT
ASSISTANT VICE PRESIDENT MANAGER, DIGITAL EQUIPMENT CO.,
111 POWDER MILL RD., MAYNARD, MA
01754
CATHERINE KENNEDY PRIOR TO SEPTEMBER, 1997,
VICE PRESIDENT PRINCIPAL, MORGAN STANLEY, 1585
BROADWAY, NEW YORK, NY 10036
JEFFREY K. KERRIGAN PRIOR TO JUNE, 1997, VICE
ASSISTANT VICE PRESIDENT PRESIDENT, FLEET INVESTMENTS, 75
STATE St., Boston, MA 02109
DAVID R. KING Prior to JUNE, 1997, Vice
VICE PRESIDENT President, FLEET INVESTMENTS, 75
STATE ST., BOSTON, MA 02109
WILLIAM P. KING PRIOR TO NOVEMBER, 1997,
VICE PRESIDENT PORTFOLIO MANAGER, TSA GLOBAL
ASSET MANAGEMENT, 700 SOUTH
FLOWER ST., LOS ANGELES, CA
90017
DEBORAH F. KUENSTNER PRIOR TO MARCH, 1997, SENIOR
MANAGING DIRECTOR PORTFOLIO MANAGER, DUPONT PENSION
FUND INVESTMENT, 1 RIGHT PARKWAY,
WILMINGTON, DE 19850; DIRECTOR,
BOARD OF PENSIONS, PRESBYTERIAN
CHURCH, 1001 MARKET ST.,
PHILADELPHIA, PA
THOMAS J. KUREY PRIOR TO AUGUST, 1997, VICE
VICE PRESIDENT PRESIDENT, EVERGREEN SECURITIES,
77 W. WACKER, Chicago, IL
60601
LINDA LANE MEMBER, AMERICAN SOCIETY FOR
ASSISTANT VICE PRESIDENT TRAINING & DEVELOPMENT, 27 GLEN
STREET, SUITE 4, STOUGHTON, MA
02072
KENNETH W. LANG Prior to April, 1997, VICE
VICE PRESIDENT PRESIDENT, MONTGOMERY SECURITIES,
600 MONTGOMERY ST., SAN
FRANCISCO, CA 94111
COLEMAN N. LANNUM, III PRIOR TO JUNE, 1997, DIRECTOR-
SENIOR VICE PRESIDENT INVESTOR RELATIONS, MALLINCKRODT,
INC., 7733 FORSYTH BLVD., ST.
LOUIS, MO 63105
LEONARD LAPORTA, JR. PRIOR TO MARCH, 1998, ASSISTANT
VICE PRESIDENT VICE PRESIDENT, STATE STREET
GLOBAL ADVISORS, TWO
INTERNATIONAL PLACE, BOSTON, MA
02110; BOARD OF OVERSEERS', USS
CONSTITUTION MUSEUM, CHARLESTON,
MA
LAWRENCE J. LASSER DIRECTOR, MARSH & MCLENNAN
PRESIDENT, DIRECTOR AND CHIEF COMPANIES, INC., 1221 AVENUE OF
EXECUTIVE THE AMERICAS, NEW YORK, NY
10020; BOARD OF GOVERNORS AND
EXECUTIVE COMMITTEE, INVESTMENT
COMPANY INSTITUTE, 1401 H. ST.,
N.W. SUITE 1200, WASHINGTON, DC
20005; BOARD OF OVERSEERS, MUSEUM
OF FINE ARTS, 465 HUNTINGTON,
AVE., BOSTON, MA 02115; TRUSTEE,
BETH ISRAEL DEACONESS MEDICAL
CENTER, 330 BROOKLINE AVE.,
BOSTON, MA; MEMBER OF THE COUNCIL
ON FOREIGN RELATIONS, 58 EAST
68TH ST., NEW YORK, NY 10021;
MEMBER OF THE BOARD OF DIRECTORS
OF THE UNITED WAY OF
MASSACHUSETTS BAY, 245 SUMMER
ST., SUITE 1401, BOSTON, MA
02110; TRUSTEE OF THE VINEYARD
OPEN LAND FOUNDATION, RFD BOX
319X, VINEYARD HAVEN, MA 02568.
JOAN M. LEARY PRIOR TO JANUARY, 1997, SENIOR
VICE PRESIDENT TAX MANAGER, KMPG, 99 HIGH
STREET, BOSTON, MA 02110
CRAIG S. LEWIS PRIOR TO JANUARY, 1998, ANALYST,
VICE PRESIDENT KEYSTONE INVESTMENTS, 200
BERKELEY STREET, BOSTON, MA
02101
GEIRULV LODE PRIOR TO JULY, 1997, VICE
VICE PRESIDENT PRESIDENT, CHANCELLOR LGT, ASSET
MANAGEMENT, 1166 AVENUE OF THE
AMERICAS, NEW YORK, NY 10036
ELIZABETH M. MACELWEE PRIOR TO JANUARY, 1998,
SENIOR VICE PRESIDENT PRINCIPAL, MORGAN STANLEY, 1155
BROADWAY, NEW YORK, NY 10036
DIANA R. MADONNA PRIOR TO JANUARY, 1997,
ASSISTANT VICE PRESIDENT LIBRARIAN, LIPPER ANALYTICAL
SERVICES, INC., 1380 LAWRENCE
ST., DENVER, CO 80204
SARA MALAK PRIOR TO OCTOBER, 1997,
VICE PRESIDENT CONSULTANT, THE BOSTON
CONSULTANT, EXCHANGE PLACE,
BOSTON, MA 02109
BRUCE D. MARTIN PRIOR TO APRIL, 1997, VICE
VICE PRESIDENT PRESIDENT, EATON VANCE, 29
BOSTON, MA 02110
KEVIN MALONEY INSTITUTIONAL DIRECTOR, FINANCIAL
MANAGING DIRECTOR MANAGEMENT ASSOCIATION,
UNIVERSITY OF SOUTH FLORIDA,
COLLEGE OF BUSINESS
ADMINISTRATION, SUITE 3331,
TAMPA, FL 33620
SCOTT M. MAXWELL PRIOR TO MARCH, 1997, CHIEF
MANAGING DIRECTOR FINANCIAL OFFICER-EQUITY
DIVISION, LEHMAN BROTHERS, 3
WORLD FINANCIAL CENTER, NEW YORK,
NY 10285
BRIDGET MCCAVOY PRIOR TO OCTOBER, 1997, SENIOR
ASSISTANT VICE PRESIDENT RECRUITER, BANKBOSTON, 100
FEDERAL ST., BOSTON, MA 02110;
PRIOR TO OCTOBER, 1996. EXECUTIVE
RECRUITER, HI HUNT & CO., 99
SUMMER ST., BOSTON, MA 02110
WILLIAM MCGUE BOARD MEMBER, SACRED HEART
MANAGING DIRECTOR ELEMENTARY SCHOOL, 75 COMMERCIAL
ST.,WEYMOUTH, MA 02188; BOARD OF
DIRECTORS MEMBER AND TREASURER,
WHITTEMORE SHORES CONDOMINIUM
ASSOCIATION, BRIDGEWATER, NH
03222
PAUL K. MICHAUD PRIOR TO DECEMBER, 1997,
VICE PRESIDENT ASSISTANT VICE PRESIDENT, UNION
BANK OF SWITZERLAND,
BAHNHOFSTRASSE 45, 8021 ZURICH,
SWITZERLAND
CAROL H. MILLER BOARD MEMBER, THE ROBBINS-DE
ASSISTANT VICE PRESIDENT BEAUMONT FOUNDATION, C/O SULLIVAN
& WORCESTER, ONE POST OFFICE
SQUARE, BOSTON, MA 02109; BOARD
MEMBER, BURKE MTN. ACADEMY, EAST
BURKE, VT; BOARD MEMBER, THE
LYRIC STAGE THEATER, 140
CLARENDON ST., BOSTON, MA 02116;
BOARD MEMBER, THE BOSTON MODERN
ORCHESTRA PROJECT, P.O. BOX
39134, CAMBRIDGE, MA 02139
CHRISTOPHER G. MILLER PRIOR TO JANUARY, 1998, Portfolio
VICE PRESIDENT Manager, ANALYTIC TSA
GLOBAL ASSET MANAGEMENT, 700 SO.
FLOWER ST., LOS ANGELES, CA 90017
WILLIAM H. MILLER PRIOR TO OCTOBER, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT AND ASSET PORTFOLIO
MANAGER, DELAWARE MANAGEMENT, ONE
COMMERCE SQUARE, PHILADELPHIA, PA
JEANNE L. MOCKARD TRUSTEE, THE BRYN MAWR SCHOOL,
SENIOR VICE PRESIDENT 109, W. MELROSE AVENUE,
BALTIMORE, MA 21210
GERARD I. MOORE PRIOR TO AUGUST, 1997, VICE
VICE PRESIDENT PRESIDENT/EQUITY RESEARCH, BOSTON
COMPANY ASSET MANAGEMENT, ONE
BOSTON PLACE, BOSTON, MA 02109
KELLY A. MORGAN PRIOR TO SEPTEMBER, 1996, SENIOR
SENIOR VICE PRESIDENT VICE PRESIDENT AND INTERNATIONAL
PORTFOLIO MANAGER, ALLIANCE
CAPITAL MANAGEMENT, 1345 AVENUE
OF THE AMERICAS, NEW YORK, NY
10020
DONALD E. MULLIN CORPORATE REPRESENTATIVE AND
SENIOR VICE PRESIDENT BOARD MEMBER, DELTA DENTAL PLAN
OF MASSACHUSETTS, 10 PRESIDENTS
LANDING, P.O. BOX 94104, MEDFORD,
MA 02155
GAYLE M. O'CONNELL PRIOR TO MARCH, 1997, ASSISTANT
ASSISTANT VICE PRESIDENT DIRECTOR OF HUMAN RESOURCES, ITT
SHERATON CORPORATION, 60 STATE
ST., BOSTON, MA 02109
STEPHEN S. OLER PRIOR TO JUNE, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT, TEMPLETON INVESTMENT
COUNSEL, 500 E. BROWARD BLVD.,
FT. LAUDERDALE, FL 33394
KERRY M. OWENS PRIOR TO JULY, 1998, MARKETING
ASSISTANT VICE PRESIDENT MANAGER, ABN AMRO, 199
BISHOPSGATE, LONDON, ENGLAND,
EC2M 3TY; PRIOR TO APRIL, 1997,
ASSISTANT MANAGER, CITIBANK, 336
STRAND, LONDON, ENGLAND, WC2
KIMBERLY A.M. PAGE PRIOR TO FEBRUARY, 1998, SENIOR
ASSISTANT VICE PRESIDENT CONSULTANT, ANDERSEN CONSULTING,
100 WILLIAMS ST., WELLESLEY, MA
02181
MARGERY C. PARKER PRIOR TO DECEMBER, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT AND PORTFOLIO MANAGER,
KEYSTONE INVESTMENTS 200 BERKELEY
STREET, BOSTON, MA 02101
CARMEL PETERS PRIOR TO APRIL, 1997, MANAGING
SENIOR VICE PRESIDENT DIRECTOR/CHIEF INVESTMENT ASIA
PACIFIC, WHELLOCK NATWEST
INVESTMENT MANAGEMENT, LTD,
NATWEST TOWER, TIMES SQUARE,
CAUSEWAY BAY, HONG KONG, CHINA
WILLIAM PERRY PRIOR TO SEPTEMBER, 1997, SENIOR
VICE PRESIDENT TRADER, FIDELITY MANAGEMENT &
RESEARCH, 82 DEVONSHIRE ST.,
BOSTON, MA 02110
KEITH PLAPINGER CHAIRMAN AND TRUSTEE, ADVENT
VICE PRESIDENT SCHOOL, 17 BRIMMER ST., BOSTON,
MA 02108
CHARLES E. PORTER TRUSTEE, ANATOLIA COLLEGE, 130
EXECUTIVE VICE PRESIDENT BOWDOIN ST., SUITE 1201, BOSTON,
MA 02108; GOVERNOR, HANDEL &
HAYDEN SOCIETY, HORTICULTURE
HALL, 300 MASSACHUSETTS AVE.,
BOSTON, MA 0215
GEORGE PUTNAM CHAIRMAN AND DIRECTOR, PUTNAM
CHAIRMAN AND DIRECTOR MUTUAL FUNDS CORP.; DIRECTOR, THE
BOSTON COMPANY, INC., ONE BOSTON
PLACE, BOSTON, MA 02108;
DIRECTOR, BOSTON SAFE DEPOSIT AND
TRUST COMPANY, ONE BOSTON PLACE,
BOSTON, MA 02108; DIRECTOR,
FREEPORT-MCMORAN, INC., 200 PARK
AVENUE, NEW YORK, NY 10166;
DIRECTOR, GENERAL MILLS, INC.,
9200 WAYZATA BOULEVARD,
MINNEAPOLIS, MN 55440; DIRECTOR,
HOUGHTON MIFFLIN COMPANY, ONE
BEACON STREET, BOSTON, MA 02108;
DIRECTOR, MARSH & MCLENNAN
COMPANIES, INC., 1221 AVENUE OF
THE AMERICAS, NEW YORK, NY
10020; DIRECTOR, ROCKEFELLER
GROUP, INC., 1230 AVENUE OF THE
AMERICAS, NEW YORK, NY 10020;
TRUSTEE, MASSACHUSETTS GENERAL
HOSPITAL, FRUIT STREET, BOSTON,
MA 02114; MCLEAN HOSPITAL 115
MILL ST., BELMONT,MA 02178; THE
COLONIAL WILLIAMSBURG FOUNDATION,
POST OFFICE BOX 1776,
WILLIAMSBURG, VA 23187; THE
MUSEUM OF FINE ARTS, 465
HUNTINGTON AVENUE, BOSTON, MA
02115; WGBH FOUNDATION, 125
WESTERN AVENUE,BOSTON, MA 02134;
THE NATURE CONSERVANCY, POST
OFFICE SQUARE BUILDING, 79 MILK
ST., SUITE 300, BOSTON, MA 02109;
TRUSTEE, THE JACKSON LABORATORY,
600 MAIN ST., BAR HARBOR, ME 04
ROBERT A. PIEPENBURG PRIOR TO DECEMBER, 1997,
VICE PRESIDENT ASSISTANT VICE PRESIDENT,
BANKBOSTON CORP./BOSTON SECURITY,
100 FEDERAL ST., BOSTON, MA
02106
ELIZABETH PRICE PRIOR TO JANUARY, 1998,
ASSISTANT VICE PRESIDENT INVESTMENT ANALYST, SCHRODER
INVESTMENT MANAGEMENT LIMITED, 33
GUTTER LANE, LONDON, EC2V 8AS,
ENGLAND
EDWARD QIAN PRIOR TO FEBRUARY, 1998, BACK BAY
VICE PRESIDENT ADVISORS, 399 BOYLSTON ST.,
BOSTON, MA 02116; PROR TO
SEPTEMBER, 1996, POST-DOCTORATE
RESEARCH, MASSACHUSETTS INSTITUTE
OF TECHNOLOGY, 77 MASSACHUSETTS
AVENUE, CAMBRIDGE, MA 02109
KEITH QUINTON DIRECTOR, ELEAZAR, INC., WEST
SENIOR VICE PRESIDENT WHEELOCK ST., HANOVER, NH 03755
THOMAS V. REILLY TRUSTEE, KNOX COLLEGE, 2 EAST
MANAGING DIRECTOR SOUTH ST., GALESBURG, IL 61401
MARC J. RITENHOUSE PRIOR TO JANUARY, 1998, DIRECTOR
VICE PRESIDENT OF FINANCE, FIDELITY INVESTMENTS,
INC., 82 DEVONSHIRE ST., BOSTON,
MA 02109
OLIVER RUDIGOZ PRIOR TO APRIL, 1998, PORTFOLIO
VICE PRESIDENT MANAGER, PARIBAS ASSET
Management, #3 Rue D'Antin,
Paris, France, 75002
Michael V. Salm Prior to November, 1997, Mortgage
VICE PRESIDENT Analyst, Blackrock Financial
345 Park Ave., New York,
NY 10010
Robert J. Schoen Prior to June, 1997, Sole
ASSISTANT VICE PRESIDENT Proprietor, Schoen Timing
Strategies, 315 E. 21st
, New York, NY 10010
Justin M. Scott Director, DSI PROPRIETIES
MANAGING DIRECTOR (Neja) Ltd., Epping Rd., Reydon,
Essex CM19 5RD
Max S. Senter General Partner, M.S. Senter &
SENIOR VICE PRESIDENT Sons Partnership, 4900
Fayetteville Rd., Raleigh,
NC 27611
Edward Shadek, Jr. Prior to March, 1997, Portfolio
VICE PRESIDENT Manager, Newhold Asset
Management, 950 Haverford Rd.,
Bryn Mawr, PA 19010
Raj Ken Sharma Prior to January, 1998, Vice
VICE PRESIDENT President and Portfolio Manager,
Fleet Financial, 75 State
Street, Boston, MA 02106
GORDON H. SILVER Trustee, Wang Center for
MANAGING DIRECTOR the Performing Arts, 270 Tremont
St., BOSTON, MA 02116
DAVID M. SILK MEMBER OF BOARD OF DIRECTORS,
SENIOR VICE PRESIDENT JOBS FOR BAY STATE GRADUATES, 451
ANDOVER ST., SUITE 305, NORTH
ANDOVER, MA 01845
Steven Spiegel Director, Ultra DIAMOND
SENIOR MANAGING DIRECTOR AND GOLD OUTLET., 29 East Madison
St., SUITE 1800, Chicago, IL
60602; DIRECTOR, FACES NEW YORK
UNIVERSITY MEDICAL CENTER, 550
FIRST AVENUE, NEW YORK, NY
10016; Trustee, Babson
College, One College Drive,
Wellesley, MA 02157;
Christopher A. Spurlock Prior to May, 1997, Sales Trader,
VICE PRESIDENT J.P. Morgan, 60 Wall St.,
New York, NY
Michael P. Stack Prior to November, 1997, Senior
SENIOR VICE PRESIDENT Vice President and Portfolio
Manager, Independence
Investment Associates, 53 State
St., Boston, MA 02109
Casey STRUMPFT Prior to January, 1997, Director,
SENIOR VICE PRESIDENT Blue Cross and Blue SHIRELD,
100 Summer St., Boston,
MA 02110
Prior to February, 1998, Vice
President, Corporate Research
Robert E. Sweeney Smith Barney, One New
VICE PRESIDENT York Plaza, New York, NY 10004
Judith H. Swirbalus Prior to January, 1998, Alex,
VICE PRESIDENT Brown & Sons, One South St.,
Baltimore, MD 21202
JOHN C. TALANIAN MEMBER OF BOARD OF DIRECTORS, THE
MANAGING DIRECTOR JAPAN SOCIETY OF BOSTON, ONE MILK
STREET, BOSSTON, MA 02109
Robert J. Toner Prior to September, 1998,
ASSISTANT VICE PRESIDENT Associate, Goodwin Procter &
Hoar, LLP, Exchange
Place, Boston, MA 02109
John R. Tonkin Prior to January, 1998, Analyst,
ASSISTANT VICE PRESIDENT Credit Suisse First Boston
Celtic Towers, The
Terrace Wellington, New
Zealand
Prior to September, 1997,
Staffing Lead, Cisco Systems, 250
Scott G. Vierra APOLIO Drive, Chelmsford,
VICE PRESIDENT MA 01824
David L. Waldman Prior to June, 1997, Senior
MANAGING DIRECTOR Portfolio Manager, Lazard Feres
Asset Management, 30
Rockefeller Center, New York, NY
10112
Paul C. Warren Prior to May, 1997, Director, IDS
SENIOR VICE PRESIDENT Fund Management, LT, One
Pacific Place, SQUENSWAY,
Hong Kong, China
DIERDRE WEST-SMITH TRUSTEE, ST. JAMES CONDO
ASSISTANT VICE PRESIDENT ASSOCIATION, 66 ST. JAMES ST.,
ROXBURY, MA 02119
Eric Wetlaufer PRESIDENT AND MEMBER OF
Managing Director BOARD OF DIRECTORS, THE BOSTON
SECURITY ANALYSTS SOCIETY, INC.,
100 BOYLSTON ST., SUITE 1050,
Boston, MA 02110
EDWARD F. WHALEN MEMBER OF THE BOARD OF DIRECTORS,
SENIOR VICE PRESIDENT HOCKOMOCK AREA YMCA, 300 ELMWOOD
ST., NORTH ATTLEBORO, MA 02760
Burton Wilson Prior to March, 1997, Associate
VICE PRESIDENT Investments Banking,
Robertson Stephens & Co.,
555 California St., Suite 2600,
San Francisco, CA 94104
RICHARD P. WYKE DIRECTOR, SALEM YMCA, ONE
Senior Vice President SEWALL ST., SALEM, MA 01970
Scott D. Zaleski Prior to May, 1997, Investment
ASSISTANT VICE PRESIDENT Officer, State Street Bank &
Trust, 1776 Heritage Dr.,
Quincy, MA 02171; Prior to
September, 1996, Investment
Associate Fidelity Investments,
82 Devonshire St., Boston, MA
02109
Michael P. Zeller Prior to July, 1997, Sales
VICE PRESIDENT MANGER, NYNEX Information
Resources, 35 Village
R., Middleton, MA 01949
ITEM 27. PRINCIPAL UNDERWRITER
(a) Putnam Mutual Funds Corp. is the principal underwriter for
each of the following investment companies, including the
Registrant:
Putnam American Government Income Fund, Putnam Arizona Tax Exempt
Income Fund, Putnam Asia Pacific Growth Fund, Putnam Asset
Allocation Funds, Putnam Balanced Retirement Fund, Putnam
California Tax Exempt Income Fund, Putnam California Tax Exempt
Money Market Fund, Putnam Capital OPPORTUNITITES Fund,
Putnam Convertible Income-Growth Trust, Putnam Diversified Equity
Trust, Putnam Diversified Income Trust, Putnam Equity
Income Fund, Putnam Europe Growth Fund, Putnam Florida
Tax Exempt Income Fund, Putnam Funds Trust, The George Putnam
Fund of Boston, Putnam Global Governmental Income Trust, Putnam
Global Growth Fund, Putnam Global Natural Resources Fund, The
Putnam Fund for Growth and Income, Putnam Growth and Income Fund
II, Putnam Health Sciences Trust, Putnam High Yield Trust, Putnam
High Yield Advantage Fund, Putnam High QUALITY BOND FUND,
Putnam Income Fund, Putnam Intermediate U.S. Government Income
Fund, PUTNAM INTERNATIONAL GROWTH FUND, Putnam Investment Funds,
Putnam Investors Fund, Putnam Massachusetts Tax Exempt Income
Fund, Putnam Michigan Tax Exempt Income Fund, Putnam Minnesota
Tax Exempt Income Fund, Putnam Money Market Fund, Putnam
Municipal Income Fund, Putnam New Jersey Tax Exempt Income Fund,
Putnam New Opportunities Fund, Putnam New York Tax Exempt Income
Fund, Putnam New York Tax Exempt Money Market Fund, Putnam New
York Tax Exempt Opportunities Fund, Putnam Ohio Tax Exempt Income
Fund, Putnam OTC & Emerging Growth Fund, Putnam Pennsylvania Tax
Exempt Income Fund, Putnam Preferred Income Fund, PUTNAM
STRATEGIC INCOME FUND, Putnam Tax Exempt Income Fund, Putnam Tax
Exempt Money Market Fund, Putnam Tax-Free Income Trust, Putnam
U.S. Government Income Trust, Putnam Utilities Growth and Income
Fund, Putnam Variable Trust, Putnam Vista Fund, Putnam Voyager
Fund, Putnam Voyager Fund II.
(b) The directors and officers of the Registrant's principal
underwriter are listed below. The principal business address of
each person is One Post Office Square, Boston, MA 02109:
Name Positions and Positions and
Offices Offices
with Underwriter with Registrant
Aaron,Jeff F. Asst. Vice None
President
Adduci,John V. Vice President None
Albanese,Frank Vice President None
Alberts,Richard W. Asst. Vice None
President
Alden,Donald F. Vice President None
Alders,Christopher A. Senior Vice None
President
Alpaugh,Christopher S. Vice President None
Amisano,Paulette C. Vice President None
Andrews,Margaret Vice None
President
Arends,Michael K. Senior Vice None
President
Asher,Steven E. Senior Vice None
President
Avery,Scott A. Senior Vice None
President
Aymond,Christian E. Senior Vice None
President
Aymond,Colin C. Vice President None
Battit,Suzanne J Vice President None
Beatty,Steven M. Senior Vice None
President
Bent,John J. Vice President None
Beringer,Thomas VICE President None
C.
Berka,Sharon A. Senior Vice None
President
Boneparth,John F. Managing Director None
Bonfilio Jr.,Peter J. Asst. Vice None
President
Bouchard,Keith R. Senior Vice None
President
Bradford Jr.,Linwood Senior Vice None
E. President
Brennan,Mary Ann Asst. Vice None
President
Bresnahan,Leslee R. Senior Vice None
President
Brockelman,James D. Senior Vice None
President
Brookman,Joel S. Vice President None
Brown,Timothy K. Senior Vice None
President
Buckner,Gail D. Senior Vice None
President
Burke,Robert W. Sr Managing None
Director
Cabana,Susan D. Vice President None
Callahan,Thomas C. Asst. Vice None
President
Capone,Robert G. Senior Vice None
President
Cartwright,Patricia A. Asst. Vice None
President
Casey,David M. Vice President None
Castle Jr.,James R. Vice PRESIDENT NONE
CHAPMAN,THOMAS E. VICE President None
Chase,Mary Claire Vice President None
Chrostowski,Louis F. Senior Vice None
President
Church,Daniel J. Vice President None
Clark,Richard B. Senior Vice None
President
Clermont,Mary Asst. Vice None
President
Clinton,John C. Asst. Vice None
President
Collman,Kathleen M. Sr Managing None
Director
Commane,Karen L. Asst. Vice None
President
Coneeny,Mark L. Senior Vice None
President
Connelly, Senior Vice None
Donald A. President
Connolly,Karen E. Asst. Vice None
President
Conyers,Barry M. Vice President None
Corbett,Dennis Vice President None
Corvinus,F. Nicholas Senior Vice None
President
Cosmer,Thomas A. Senior Vice NONE
PRESIDENT
COTTO,STEPHEN P ASST. VICE None
President
Cristo,Chad H. Vice President None
Cropper,Joy Bacher Asst. Vice None
President
Crowley,Colleen J. Asst. Vice None
President
Curran,Peter J. Senior Vice None
President
Dahill,Jessica E. Vice President None
Daly,Kenneth L. Managing Director None
Dane,Edward H. Senior Vice None
President
Daylor,Donna M. Vice President None
Days,Nancy M. Asst. Vice None
President
De Oliveira- Asst. Vice None
Smith,Pamela President
Deluse,Laura R. Asst. Vice None
President
DeMont,Lisa M. Vice President None
Dennehy,Teresa F. Vice PRESIDENT NONE
DERBYSHIRE,RALPH C SENIOR VICE NONE
PRESIDENT
DEVIN,RENATE S. SENIOR VICE None
President
DiRe,Lisa M. Asst. Vice None
President
DiStasio,Karen E. Vice President None
Dolan,Michael G. Vice President None
Donaldson,Scott M. Vice President None
Duffy,Deirdre E. Senior Vice None
President
Durbin,Emily J. Vice PRESIDENT NONE
DURKEE,CHRISTINE ASST. VICE None
President
Edlin,David B. Managing Director None
Eisenkraft,Gail A. Managing Director None
English,James M. Senior Vice None
President
Esposito,Vincent Managing NONE
DIRECTOR
FARRELL,DEBORAH S. SENIOR VICE None
President
Feldman,Susan H. Senior Vice None
President
Fisher,C. Nancy Managing Director None
Fishman,Mitchell B. Senior Vice None
President
Fiumara,Joseph C. Vice President None
Flaherty,Patricia C. Senior Vice None
President
Fleisher,Kate Vice NONE
PRESIDENT
FOLEY,TIMOTHY P. VICE PRESIDENT NONE
FROST,KAREN T. SENIOR Vice None
President
Fullerton,Brian J. Senior Vice None
President
Gates,Judy S. Senior Vice None
President
Gennaco,Joseph P. Senior Vice NONE
PRESIDENT
GIBBS,STEPHEN C. VICE President None
Gindel,Caroline E. Asst. Vice None
President
Goodfellow,Mark D. Vice President None
Goodman,Robert Managing Director None
Gould,Carol J. Asst. Vice NONE
PRESIDENT
]GRACE,Anthony J. Asst. Vice None
President
Grace,Linda K. Vice PRESIDENT NONE
GREENWOOD,DANIEL W. VICE President None
Grossberg,Jill Asst. Vice None
President
Grove,Denise Vice President None
Guay,Timothy R. Asst. Vice None
President
Gubala,Jeffrey P. Vice President None
Guerin,Donnalee Asst. Vice None
President
Guerra,Salvatore F. Vice PRESIDENT NONE
HAINES,JAMES B. ASST. VICE None
President
Hall,Debra L. Vice President None
Halloran,James E. Vice President None
Halloran,Thomas W. Senior Vice None
President
Harbeck,John D. Vice President None
Harrington,Bruce D. Vice President None
Hartigan,Craig W. Vice President None
Hartley,Deborah M. Asst. Vice None
President
Hawkins III,Howard W. Vice President None
Hayes-Castro,Deanna R. Vice None
President
Hedstrom,Gayle A. Asst. Vice None
President
Heffernan,Paul P. Senior Vice None
President
Heimanson,Susan M. Senior Vice None
President
Holly Sr.,Jeremiah K. Vice President None
Holmes,Maureen A. Asst. Vice None
President
Hooley,Daniel F Jr. Asst. Vice None
President
Hoyt,Paula J. Asst. Vice None
President
Hurley,William J. Managing Director NONE
& CFO
HUTCHINS,ROBERT B. VICE PRESIDENT NONE
ISGUR,Marianne P. Asst. Vice None
President
Jacobsen,Dwight D. Managing NONE
DIRECTOR
JORDAN,Stephen R. Asst. Vice None
President
Kapinos,Peter J. Vice President None
Kay,Karen R. Senior Vice NONE
PRESIDENT
KELEHER,KEVIN J. ASST. VICE None
President
Kelley,Brian J. Vice President None
Kelly,A.Siobhan Asst. Vice None
President
Kennedy,Alicia C. Asst. Vice None
President
King,David L. MANAGING DIRECTOR NONE
KING,DAVID R. VICE PRESIDENT NONE
KINOSHITA,TAKASHI VICE President None
Kinsman,Anne Senior Vice None
President
Kirk,Deborah H. Senior Vice None
President
Koontz,Jill A. Senior Vice None
President
Kreutzberg,Howard H. Senior Vice None
President
Krieger,Marjorie B. Vice President None
Lacascia, VICE PRESIDENT NONE
CHARLES M.
LANDERS,BRUCE M. VICE President None
Lane,Linda Asst. Vice None
President
LaPierre,Christopher W Asst. Vice None
President
Lathrop,James D. Senior Vice None
President
Lawlor,Stephanie T. Asst. Vice None
President
Leary,Joan M. Vice President None
Ledbetter,Charles C. Vice President None
Leipsitz,Margaret Asst. Vice None
President
Lemire,Kevin Vice President None
Leonardo,Christine A. Vice President None
Levy,Eric S. Senior Vice NONE
PRESIDENT
LEVY,NORMAN S. VICE President None
Lewandowski Jr.,Edward Vice President None
V.
Lewandowski,Edward V. Senior Vice None
President
Li,Mei Asst. Vice None
President
Lieberman,Samuel L. Vice President None
Lifsitz,David M. Vice President None
Lilien,David R. Vice President None
Linehan,Ann-Marie Asst. Vice None
President
Litant,Lisa M. Asst. Vice None
President
Lockwood,Maura A. Senior Vice None
President
Lomba,Rufino R. Senior Vice None
President
Long,Gregory T. Vice President None
Lucey,Kevin J Vice President None
Lucey,Robert DIRECTOR NONE
F.
LUCEY, THOMAS PRESIDENT AND NONE
DIRECTOR
LYONS,Robert F. Asst. Vice None
President
Malatos,Ann Vice President None
Mallin,Bonnie J. Senior VICE NONE
PRESIDENT
MALOOF,RENEE L. ASST. Vice None
President
Mancini,Dana Asst. Vice NONE
PRESIDENT
MANNING,GEORGE J. VICE President None
Manthorne,Heather M. Asst. Vice None
President
Maravel,Alexi A. Asst. Vice None
President
Marius,Frederick S. Vice President None
McAvoy,Bridget Asst. Vice None
President
McCafferty,Karen A. Vice President None
McCarthy,Anne B. Asst. Vice None
President
McConville,Paul D. Senior Vice None
President
McCracken,Brian Asst. Vice None
President
McCutcheon,Bruce A Senior Vice None
President
McDermott,Daniel E. Asst. Vice None
President
McKenna,Mark J. Senior Vice None
President
McNamara,Laura Vice President None
McNamee,Mary G. Asst. VICE NONE
PRESIDENT
MEAGHER,DOROTHY B. ASST. Vice None
President
Metelmann,Claye A. Vice President None
Milgroom,Eric D. Asst. Vice None
President
Miller,Bart D. Senior Vice None
President
Miller, Managing Director None
Jeffrey M.
Mills,Ronald K. Vice President None
Minsk,Judith Asst. Vice None
President
Mintzer,Matthew P. Senior Vice None
President
Monahan,Kimberly A. Vice President None
Moody,Paul R. Vice PRESIDENT NONE
MOONIN,SARA R. ASST. VICE None
President
Moret,Mitchell L. Senior Vice None
President
Mosher,Barry L. Asst. Vice None
President
Mullen,Donald E. Senior Vice None
President
Murphy JR.,KENNETH W. ASST. VICE NONE
PRESIDENT
MURPHY,Paul G. Vice President None
Murray,Brendan R. Vice President None
Nadherny,Robert Senior Vice None
President
Natale,Ellen E. Asst. VICE NONE
PRESIDENT
NAUEN,KIMBERLY PAGE ASST. Vice None
President
Neary,Ellen R. Vice President None
Nelson,Alexander L. Managing Director None
Newell,Amy Jane Vice President None
Nickodemus,John P. Senior Vice None
President
Nickse,Gail A. Asst. Vice None
President
O'Brien,Lois C. Vice President None
O'Brien,Nancy E. Vice President None
O'Connell,Gayle M. Asst. Vice None
President
Onofrio,Ellen Asst. Vice NONE
PRESIDENT
OWENS,KERRY M. ASST. Vice None
President
Palmer,Patrick J. Vice President None
Palombo,Joseph R. Managing NONE
DIRECTOR
PANESSA,BRIAN VICE PRESIDENT NONE
PAPES,Scott A. Vice President None
Parr,Cynthia O. Vice President None
Pelletier,Dale M. Vice President None
Peterson,Jennifer H. Asst. Vice None
President
Peterson, VICE PRESIDENT NONE
KATHRYN L.
PETRALIA,RANDOLPH S. SENIOR VICE None
President
Phoenix,John G. Senior Vice None
President
Phoenix,Joseph Senior Vice None
President
Plapinger,Keith Senior Vice NONE
PRESIDENT
POWERS,BRIAN S. ASST. Vice None
President
Present,Howard B. Senior Vice None
President
Pulkrabek,Scott M. Vice President None
Putnam,George Director Chairman and
PRESIDENT
REZABEK,Joseph L. Asst. Vice None
President
Riley,Megan G. Asst. Vice None
President
Ritenhouse,Marc J. Vice President None
Rodammer,Kris Vice President None
Rogers,Deborah A. Vice President None
Rothman,Debra V. Vice President None
Rowe,Robert B. Vice None
President
Ruys de Perez,Charles Senior Vice None
A. President
Ryan,Carolyn M. Asst. Vice None
President
Ryan,Deborah A. Vice None
President
Saunders,Catherine A. Senior Vice None
President
Saunders,Robbin L. Vice President None
Saur,Karl W. Vice President None
Scanlon,Michael M. Vice President None
Schaefer,Jennifer L. Asst. Vice None
President
Schofield,Shannon D. Vice President None
Schroeder,Paul R. Asst. Vice None
President
Schultz,Mitchell D. Managing Director None
Scordato,Christine A. Senior Vice None
President
Scott,Joseph W. Asst. Vice None
President
Segers,Elizabeth R. Senior Vice None
President
Shamburg,John B. Vice President None
Sharpless,Kathy G. Managing NONE
DIRECTOR
SHIEBLER,WILLIAM N. DIRECTOR VICE PRESIDENT
SHORT,JONATHAN D. SENIOR VICE NONE
PRESIDENT
SILVER,GORDON H. SENIOR Managing Vice President
Director
Skistimas Jr,John J. Vice President None
Smith,Stuart C. Asst. Vice None
President
Southard,Peter J. Vice President None
Spiegel,Steven Sr Managing None
Director
Stack,Michael P. Senior Vice None
President
Stanojev,Nicholas T. Senior Vice NONE
PRESIDENT
STARR,LOREN M. MANAGING DIRECTOR NONE
STEINBERG,Lauren B. Asst. Vice None
President
Stern,Derek A. Asst. Vice None
President
Stickney,Paul R. Senior Vice None
President
Strumpf,Casey Senior Vice None
President
Sullivan,Brian L. Senior Vice None
President
Sullivan,Donna G Vice President None
Sullivan,Elaine M. Senior Vice None
President
Sullivan,Guy Managing Director None
Sullivan,Kevin J. Senior Vice None
President
Sullivan,Maryann Asst. Vice None
President
Sutherland,George C. Vice NONE
PRESIDENT
SWEENEY,JANET C. SENIOR VICE NONE
PRESIDENT
TALANIAN,JOHN C. MANAGING DIRECTOR NONE
TANNER,B Iris Vice President None
Tavares,April M. Asst. Vice None
President
Taylor,David S. Vice President None
Telling,John R. Senior Vice None
President
Tercha,Cynthia Vice President None
Thomas,Tracy ASST. Vice None
E. President
Tibbetts,Richard B. Managing Director None
Tirado,Patrice M. Vice PRESIDENT NONE
TONER,ROBERT J. ASST. VICE None
President
Tosi,Janet E. Vice President None
Troped,Bonnie L. Senior Vice None
President
Trowbridge,Wendy S. Asst. Vice None
President
Twigg,Christine M. Asst. Vice None
President
Vander Linde,Douglas Senior Vice None
J. President
Verani,John R. Senior Vice Vice President
President
Vierra,Scott G. Vice None
President
Waters,Mitchell J. Vice None
President
West-Smith,Deirdre Asst. Vice NONE
PRESIDENT
WHALEN,Brian Vice President None
Whalen,Edward F. Senior Vice None
President
Whitaker,J. Greg Vice President None
White,J. Bennett Vice None
President
Wolfson,Jane Senior Vice None
President
Woloshin,Benjamin I. Senior Vice None
President
Woolverton,William H. Managing Director None
Zeller,Michael P. Vice President None
Zografos,Laura J. Vice President None
Zukowski,Virginia A. Senior Vice None
President
ITEM 28. LOCATION OF ACCOUNTS AND RECORDS
Persons maintaining physical possession of accounts,
books and other documents required to be maintained by Section
31(a) of the Investment Company Act of 1940 and the Rules
promulgated thereunder are Registrant's Clerk, Beverly Marcus;
Registrant's investment adviser, Putnam Investment Management,
Inc.; Registrant's principal underwriter, Putnam Mutual Funds
Corp.; Registrant's custodian, Putnam Fiduciary Trust Company
("PFTC"); and Registrant's transfer and dividend disbursing
agent, Putnam Investor Services, a division of PFTC. The address
of the Clerk, investment adviser, principal underwriter,
custodian and transfer and dividend disbursing agent is One Post
Office Square, Boston, Massachusetts 02109.
ITEM 29. MANAGEMENT SERVICES
None.
ITEM 30. UNDERTAKINGS
(a) Registrant hereby undertakes, if requested to do so
by the holders of at least 10% of its outstanding shares, to call
a meeting of shareholders for the purposes of voting upon the
question of removal of a Trustee or Trustees and to assist in
communications with other shareholders as required by Section
16(c) of the Investment Company Act of 1940.
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the
Prospectuses and Statements of Additional Information
constituting parts of this Post-Effective Amendment No. 18 to the
Registration Statement on Form N-1A (the "Registration
Statement") (File No. 33-56339) of our reports dated October 21,
1998, October 13, 1998, October 9, 1998 and October 19, 1998,
respectively, relating to the financial statements and financial
highlights appearing in the August 31, 1998 Annual Reports of
Putnam Emerging Markets Fund, Putnam International Fund, Putnam
International Voyager Fund and Putnam New Value Fund, each a
series of Putnam Investment Funds, which financial statements and
financial highlights are also incorporated by reference into the
Registration Statement. We also consent to the references to us
under the headings "Independent Accountants and Financial
Statements" in such Statement of Additional Information and under
the headings "Financial highlights" in such Prospectuses.
PricewaterhouseCoopers LLP
Boston, Massachusetts
October 28, 1998
--------------------------
NOTICE
A copy of the Agreement and Declaration of Trust of
Putnam Investment Funds is on file with the Secretary of State of
The Commonwealth of Massachusetts and notice is hereby given that
this instrument is executed on behalf of the Registrant by an
officer of the Registrant as an officer and not individually and
the obligations of or arising out of this instrument are not
binding upon any of the Trustees, officers or shareholders
individually but are binding only upon the assets and property of
the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933
and the Investment Company Act of 1940, the fund has duly caused
this Amendment to its Registration Statement to be signed on its
behalf by the undersigned, duly authorized, in the City of
Boston, and The Commonwealth of Massachusetts, on the 28 day of
October, 1998.
PUTNAM FUNDS TRUST
By: Gordon H. Silver, Vice President
Pursuant to the requirements of the Securities Act of 1933,
this Amendment to the Registration Statement of Putnam Funds
Trust has been signed below by the following persons in the
capacities and on the dates indicated:
SIGNATURE TITLE
George Putnam President and Chairman of the
Board; Principal Executive
Officer; Trustee
John D. Hughes Senior Vice President;
Treasurer and Principal
Financial Officer
Paul G. Bucuvalas Assistant Treasurer and
Principal Accounting Officer
Jameson A. Baxter Trustee
Hans H. Estin Trustee
John A. Hill Trustee
Ronald J. Jackson Trustee
Paul L. Joskow Trustee
Elizabeth T. Kennan Trustee
Lawrence J. Lasser Trustee
John H. Mullin, III Trustee
Robert E. Patterson Trustee
Donald S. Perkins Trustee
William F. Pounds Trustee
George Putnam, III Trustee
A.J.C. Smith Trustee
W. Thomas Stephens Trustee
W. Nicholas Thorndike Trustee
By: Gordon H. Silver,
as Attorney-in-Fact
October 28, 1998
[/R]
PUTNAM FUNDS TRUST
FORM N-1A
PART C
OTHER INFORMATION
ITEM 23. EXHIBITS
4. Agreement and Declaration of Trust dated January 22, 1996 --
Incorporated by reference to Registrant's Initial Registration
Statement.
2. By-Laws, as amended through January 22,
1996 -- Incorporated by reference to Pre-effective
Amendment No. 2 to the Registrant's Registration
Statement.
3a. Portions of Agreement and Declaration of
Trust Relating to Shareholders' Rights --
Incorporated by reference to the Registrant's
Initial Registration Statement.
3b. Portions of By-Laws Relating to
Shareholders' Rights --
Incorporated by reference to the
Registrant's Initial Registration Statement.
4. Form of Management Contract --
Incorporated by reference to Post-Effective
Amendment No. 16 to the Registrant's Registration
Statement.
5a. Distributor's Contract dated June 7, 1996 --
Incorporated by reference to Pre-Effective
Amendment No. 2 to the Registrant's Registration
Statement.
5b. Form of Specimen Dealer Sales Contract -
Incorporated by reference to Pre-effective
Amendment No. 2 to the Registrant's Registration
Statement.
5c. Form of Specimen Financial Institution
Sales Contract - Incorporated by reference to Pre-
effective Amendment No. 2 to the Registrant's
Registration Statement.
6. Trustee Retirement Plan dated October 4,
1996 --Incorporated by reference to Post-Effective
Amendment No. 4 to the Registrant's Registration
Statement.
7. Custodian Agreement with Putnam
Fiduciary Trust Company dated May 3, 1991, as
amended July 13, 1992 -- Incorporated by reference
to Post-Effective Amendment No. 2 to the
Registrant's Registration Statement.
8. Investor Servicing Agreement dated June
3, 1991 with Putnam Fiduciary Trust Company --
Incorporated by reference to Pre-Effective
Amendment No. 2 to the Registrant's Registration
Statement.
9. Opinion of Ropes & Gray, including
consent -- Incorporated by reference to Pre-
Effective Amendment No. 2 to the Registrant's
Registration Statement.
10. Not applicable.
11. Not applicable.
12. Investment Letter from Putnam
Investments, Inc. to the Registrant --
Incorporated by reference to Pre-Effective
Amendment No. 2 to the Registrant's Registration
Statement.
13a. Class A Distribution Plan and Agreement
dated June 7, 1996 -- Incorporated by reference
to Pre-effective Amendment No. 2 to the
Registrant's Registration Statement.
13b. Class B Distribution Plan and Agreement
dated June 7, 1996 -- Incorporated by reference to
Post-Effective Amendment No. 2 to the Registrant's
Registration Statement.
13c. Class M Distribution Plan and Agreement
dated June 7, 1996 -- Incorporated by reference to
Post-Effective Amendment No. 2 to the Registrant's
Registration Statement.
13d. Form of Specimen Dealer Service
Agreement - Incorporated by reference to Pre-
effective Amendment No. 2 to the Registrant's
Registration Statement.
13e. Form of Specimen Financial Institution
Service Agreement -- Incorporated by reference to
Pre-effective Amendment No. 2 to the Registrant's
Registration Statement.
14a. Financial Data Schedule for Class A
shares Putnam Latin America Fund-- Exhibit 1
14b. Financial Data Schedule for Class A
shares Putnam Asia Pacific Fund II-- Exhibit 2
14c. Financial Data Schedule for Class A
shares Putnam High Yield Trust II-- Exhibit 3
14d. Financial Data Schedule for Class B
shares Putnam High Yield Trust II-- Exhibit 4
14e. Financial Data Schedule for Class M
shares Putnam High Yield Trust II-- Exhibit 5
15. Rule 18f-3 Plan -- Incorporated by
reference to Post-Effective Amendment No. 1 to the
Registrant's Registration Statement.
ITEM 24. PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH
REGISTRANT
As of September 30, 1998, Putnam Investments, Inc.
owned 92.40%, 95.50%, 87.10%, 52.60%, 98.30%, 98.60%, 97.00% and
12.20% respectively of Putnam Latin America Fund, Putnam Asia
Pacific Fund II, Putnam Investment Fund 98, Putnam Equity Fund
98, Putnam Growth Fund, Putnam Value Fund, Putnam U.S. Core Fund
and Putnam High Yield Trust II.
ITEM 25. INDEMNIFICATION
The information required by this item is incorporated
herein by reference from the Registrant's initial Registration
Statement on Form N-1A under the Investment Company Act of 1940
(File No. 811-7513).
ITEMS 26 AND 27.
<PAGE>
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ITEM 26. BUSINESS AND OTHER CONNECTIONS OF INVESTMENT
ADVISE R
Except as set forth below, the directors and officers of the
REGISTRANT'S investment adviser have been engaged during
the past two fiscal years in no business, vocation or employment
of a substantial nature other than as directors or officers of
the investment adviser or certain of its corporate affiliates.
Certain officers of the investment adviser serve as officers of
some or all of the Putnam funds. The address of the investment
adviser, its corporate affiliates and the Putnam Funds is
ONE Post Office Square, Boston, Massachusetts 02109.
NAME NON-PUTNAM BUSINESS AND OTHER
CONNECTIONS
Michael J. Abata Prior to May, 1997, Assistant
ASSISTANT VICE PRESIDENT Vice President, Alliance Capital
Management Corp., 1345
Avenue of the Americas, New York,
NY 10020
BLAKE ANDERSON TRUSTEE, SALEM FEMALE CHARITABLE
MANAGING DIRECTOR SOCIETY, SALEM MA 01970
Barry R. Allen Prior to December, 1997,
VICE PRESENT Analyst/Director of Research,
Harbor Capital
Management, 125 High St., Boston,
MA 02110
Jennifer Antill Prior to November, 1996,
MANAGING DIRECTOR Director, IAI International/Hill
Samuel Investment
Advisors, 10 Fleet Place, London,
England
Nikesh Arora Prior to April, 1997, Chief
VICE PRESIDENT Financial Officer,
Fidelity Investments, 82
Devonshire St., Boston, MA 02110
Michael Arends Prior to MAY,
Senior Vice President 1997, MANAGING Director,
EQUITIES, PHOENIX DUFF & PHELPS,
56 PROSPECT ST., HARTFORD, CT
06101 ; Board Member,
DONALD L. ARENDS, INC.,
100 JORIE BLVD., OAKBROOK, ILL
60523
STEVEN E. ASHER TREASURER, THE HARVARD
Senior Vice President INDEPENDENT, INC. 501(C) (3)
CHARITABLE ORGANIZATION, CANADY
HALL, HARVARD YARD, CAMBRIDGE, MA
02138
MICHAEL J. ATKIN PRIOR TO JULY, 1997, DIRECTOR OF
SENIOR VICE PRESIDENT LATIN AMERICA INSTITUTE OF
INTERNATIONAL FINANCE, 2000
PENNSYLVANIA AVENUE, WASHINGTON,
D.C. 20006
JEFFREY B. AUGUSTINE PRIOR TO JANUARY, 1998, VICE
SENIOR VICE PRESIDENT PRESIDENT, INVESTMENT CONSULTING,
INVESTOR TOOLS, INC., 100 BRIDGE
ST. PLAZA, YORKVILLE, IL 60560
ROWLAND T. BANKES PRIOR TO JULY, 1997, SENIOR FIXED-
VICE PRESIDENT INCOME TRADER, JENNISON, JENNISON
ASSOCIATES CAPITAL CORP., ONE
FINANCIAL CENTER, BOSTON, MA
02110
ROBERT R. BECK DIRECTOR, CHARLES BRIDGE
SENIOR VICE PRESIDENT PUBLISHING, 85 MAIN ST.,
WATERTOWN, MA 02172; BOARD OF
OVERSEERS, BETH ISRAEL DEACONESS
MEDICAL CENTER, 330 BROOKLINE
AVE., BOSTON, MA 02215
CARL D. BELL PRIOR TO JANUARY, 1998,
VICE PRESIDENT PRINCIPAL, SMITH BREEDON
ASSOCIATION, 100 EUROPA DRIVE,
SUITE 200, CHAPEL HILL, NC 27514
GEOFFREY C. BLAISDELL PRIOR TO OCTOBER, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT, BLACKROCK FINANCIAL,
345 PARK AVENUE, NEW YORK, NY
10010
JEFFREY M. BRAY PRIOR TO OCTOBER, 1997, ANALYST,
VICE PRESIDENT LEHMAN BROTHERS, 3 WORLD
FINANCIAL CENTER, NEW YORK, NY
10285
DAVID J. BUCKLE PRIOR TO MARCH, 1998, VICE
VICE PRESIDENT PRESIDENT, J.P. MORGAN INVESTMENT
MANAGEMENT, 28 KING ST., LONDON,
ENGLAND SWI YXA
RONALD J. BUKOVAC PRIOR TO OCTOBER, 1997, SENIOR
VICE PRESIDENT MANAGER, VALUATION, PRICE
WATERHOUSE, 200 E. RANDOLPH
DRIVE, CHICAGO, IL 60601
ROBERT W. BURKE MEMBER-EXECUTIVE COMMITTEE, THE
SENIOR MANAGING DIRECTOR RIDGE CLUB, COUNTRY CLUB ROAD,
SANDWICH, MA 02563; MEMBER-
ADVISORY BOARD, CATHEDRAL HIGH
SCHOOL, 74 UNION PARK ST., SO.
BOSTON, MA 02118
JACK P. CHANG PRIOR TO JULY, 1997, VICE
VICE PRESIDENT PRESIDENT, COLUMBIA MANAGEMENT
COMPANY, 1300 S.W. 6TH AVE.,
PORTLAND, OR 97207
MARY CLAIRE CHASE PRIOR TO JANUARY, 1997, DIRECTOR
VICE PRESIDENT OF STAFF DEVELOPMENT, ARTHUR D.
LITTLE CO., 25 ACORN PARK,
CAMBRIDGE, MA 02140
C. BETH COTNER DIRECTOR, THE LYRIC STAGE
SENIOR VICE PRESIDENT THEATER, 140 CLARENDON ST.,
BOSTON, MA 02116
KEVIN M. CRONIN PRIOR TO FEBRUARY, 1997, VICE
MANAGING DIRECTOR PRESIDENT AND PORTFOLIO MANAGER,
MFS INVESTMENT MANAGEMENT, 500
BOYLSTON ST., BOSTON, MA 02117
JOHN R.S. CUTLER MEMBER, BURST MEDIA, L.L.C., 10
ASSISTANT VICE PRESIDENT NEW ENGLAND EXECUTIVE PARK,
BURLINGTON, MA 01803
KENNETH DALY PRESIDENT, ANDOVER RIVER RD. TMA,
MANAGING DIRECTOR RIVER ROAD TRANSPORTATION
MANAGEMENT ASSOCIATION, 7
SHATTUCK RD., ANDOVER, MA 01810
MICHAEL W. DAVIS PRIOR TO AUGUST, 1997,
VICE PRESIDENT TECHNICAL FINANCE CONSULTANT,
BANK OF AMERICA MORTGAGE, 50
CALIFORNIA ST., SAN FRANCISCO, CA
94111
JOHN C. DELANO PRIOR TO JULY, 1998, SENIOR
ASSISTANT VICE PRESIDENT FOREIGN EXCHANGE TRADER,
NATIONSBANK, 233 SO. WACKER
DRIVE, CHICAGO, IL 60606
EDWIN M. DENSON PRIOR TO NOVEMBER, 1997, VICE
VICE PRESIDENT PRESIDENT AND SENIOR ECONOMIST
PRIMARK DECISION ECONOMICS, 260
FRANKLIN ST., BOSTON, MA 02110
RALPH C. DERBYSHIRE PRIOR TO NOVEMBER, 1997, PARTNER,
SENIOR VICE PRESIDENT PALMER & DODGE, ONE BEACON
STREET, BOSTON, MA 02108; BOARD
MEMBER, MSPCC, 399 BOYLSTON ST.,
BOSTON, MA; BOARD MEMBER,
WINCHESTER AFTER SCHOOL PROGRAM,
SKILLINGS RD., WINCHESTER, MA
MICHAEL G. DOLAN CHAIRMAN-FINANCE COUNCIL, ST.
ASSISTANT VICE PRESIDENT MARY'S PARISH, 44 MYRTLE ST.,
MELROSE, MA 02176; MEMBER,
SCHOOL ADVISORY BOARD, ST. MARY'S
SCHOOL, 44 MYRTLE ST., MELROSE,
MA 02176
MARK E. DOW PRIOR TO NOVEMBER, 1997,
VICE PRESIDENT ECONOMIST, INTERNATIONAL MONETARY
FUND, WASHINGTON, DC
EMILY DURBIN BOARD OF DIRECTORS, FAMILY
VICE PRESIDENT SERVICE, INC., LAWRENCE, MA 01840
KARNIG H. DURGARIAN BOARD MEMBER, EBRI, SUITE 600,
MANAGING DIRECTOR 2121 K ST., N.W., WASHINGTON, DC
20037-1896. TRUSTEE, AMERICAN
ASSEMBLY, 122 C. ST., N.W., SUITE
350, WASHINGTON, DC 20001
NATHAN EIGERMAN TRUSTEE, FLOWER HILL TRUST, 298
VICE PRESIDENT MARLBOROUGH ST., #4, BOSTON, MA
02116
IRENE M. ESTEVES PRIOR TO JANUARY, 1997, VICE
MANAGING DIRECTOR PRESIDENT, MILLER BREWING CO.,
3939 WEST HIGHLAND BLVD.,
MILWAUKEE, WI 53210. BOARD OF
DIRECTOR MEMBER, AMERICAN
MANAGEMENT ASSOCIATION FINANCE
COUNCIL, 1601 BROADWAY, NEW YORK,
NY; BOARD OF DIRECTOR MEMBER,
FIRST NIGHT BOSTON, 20 PARK
PLAZA, SUITE 927, BOSTON, MA;
BOARD OF DIRECTOR MEMBER, SC
JOHNSON COMMERCIALMARKETS, 8310
16TH ST., STUTEVANT, WI 53177;
BOARD OF DIRECTOR MEMBER,
MASSACHUSETTS TAXPAYERS
FOUNDATION, 24 PROVINCE ST.,
BOSTON, MA; BOARD OF DIRECTOR
MEMBER, MRS. BAIRDS BAKERIES, 515
JONES ST., SUITE 200, FORT WORTH,
TEXAS 76102
IAN FERGUSON TRUSTEE, PARK SCHOOL, 171 GODDARD
SENIOR MANAGING DIRECTOR AVENUE, BROOKLINE, MA 02146
EDWARD R. FINCH PRIOR TO DECEMBER, 1997, MANAGING
VICE PRESIDENT DIRECTOR, M.A. WEATHERBIE & CO.,
265 FRANKLIN ST., BOSTON, MA
02110
KATE FLEISHER PRIOR TO JANUARY, 1998, DIRECTOR
VICE PRESIDENT OF HUMAN RESOURCES, LAURA ASHLEY,
6 ST., JAMES AVE. SUITE 410,
BOSTON, MA 02116
J. PETER GRANT TRUSTEE, THE DOVER CHURCH, DOVER,
SENIOR VICE PRESIDENT MA 02030
PATRICE GRAVIERE PRIOR TO MARCH, 1998, REGIONAL
SENIOR VICE PRESIDENT DIRECTOR FOR LATIN AMERICA, MFS
INTERNATIONAL, LTD, BUENOS AIRES,
BRAZIL
PAUL E. HAAGENSEN DIRECTOR, HAAGENSEN RESEARCH
SENIOR VICE PRESIDENT FOUNDATION, 630 WEST 168TH ST.,
NEW YORK, NY 10032
JAMES B. HAINES PRIOR TO FEBRUARY, 1997,
ASSISTANT VICE PRESIDENT ASSOCIATE, BENEFIT DEPARTMENT,
ROPES & GRAY, ONE INTERNATIONAL
PLACE, BOSTON, MA 02110
MARY S. HAPIJ PRIOR TO MARCH, 1997, RESEARCH
VICE PRESIDENT LIBERTY MANAGER, PIONEERING
MANAGEMENT CORP., 60 STATE
STREET, BOSTON, MA 02109
NIGEL P. HART PRIOR TO OCTOBER, 1997, SENIOR
VICE PRESIDENT VICE PRESIDENT AND PORTFOLIO
MANAGER, INVESTMENT ADVISERS,
3700 FIRST BANK PLACE,
MINNEAPOLIS, MN 55402
DEBORAH R. HEALEY CORPORATOR, NEW ENGLAND BAPTIST
SENIOR VICE PRESIDENT HOSPITAL, 125 PARKER HILL AVE.,
BOSTON, MA 02120; DIRECTOR, NEB
ENTERPRISES, 125 PARKET HILL
AVE., BOSTON, MA 02120
MARIANNE P. ISGUR PRIOR TO MARCH, 1998, EXECUTIVE
ASSISTANT VICE PRESIDENT RECRUITER, PROFESSIONS, 2 VILLA
RD., SO. HAMILTON, MA 01982;
PRESIDENT, EQUINE VENTURES, LTD.,
25 FELLOWS RD., IPSWICH, MA 01932
JEFFREY KAUFMAN PRIOR TO JULY, 1998, VICE
SENIOR VICE PRESIDENT PRESIDENT AND PORTFOLIO MANAGER,
MFS INVESTMNT MANAGEMENT, 500
BOYLSTON ST., BOSTON, MA 02116
IRA C. KALUS-BYSTRICKY PRIOR TO MARCH, 1998, CONSULTANT,
VICE PRESIDENT ARTHUR D. LITTLE, 25 ACORN PARK,
CAMBRIDGE, MA 02114
MARY E. KEARNEY TRUSTEE, MASSACHUSETTS EYE AND
MANAGING DIRECTOR EAR INFIRMARY, 243 CHARLES ST.,
BOSTON, MA 02114
KEVIN J. KELEHER PRIOR TO AUGUST, 1998, SUPPORT
ASSISTANT VICE PRESIDENT MANAGER, DIGITAL EQUIPMENT CO.,
111 POWDER MILL RD., MAYNARD, MA
01754
CATHERINE KENNEDY PRIOR TO SEPTEMBER, 1997,
VICE PRESIDENT PRINCIPAL, MORGAN STANLEY, 1585
BROADWAY, NEW YORK, NY 10036
JEFFREY K. KERRIGAN PRIOR TO JUNE, 1997, VICE
ASSISTANT VICE PRESIDENT PRESIDENT, FLEET INVESTMENTS, 75
STATE St., Boston, MA 02109
DAVID R. KING Prior to JUNE, 1997, Vice
VICE PRESIDENT President, FLEET INVESTMENTS, 75
STATE ST., BOSTON, MA 02109
WILLIAM P. KING PRIOR TO NOVEMBER, 1997,
VICE PRESIDENT PORTFOLIO MANAGER, TSA GLOBAL
ASSET MANAGEMENT, 700 SOUTH
FLOWER ST., LOS ANGELES, CA
90017
DEBORAH F. KUENSTNER PRIOR TO MARCH, 1997, SENIOR
MANAGING DIRECTOR PORTFOLIO MANAGER, DUPONT PENSION
FUND INVESTMENT, 1 RIGHT PARKWAY,
WILMINGTON, DE 19850; DIRECTOR,
BOARD OF PENSIONS, PRESBYTERIAN
CHURCH, 1001 MARKET ST.,
PHILADELPHIA, PA
THOMAS J. KUREY PRIOR TO AUGUST, 1997, VICE
VICE PRESIDENT PRESIDENT, EVERGREEN SECURITIES,
77 W. WACKER, Chicago, IL
60601
LINDA LANE MEMBER, AMERICAN SOCIETY FOR
ASSISTANT VICE PRESIDENT TRAINING & DEVELOPMENT, 27 GLEN
STREET, SUITE 4, STOUGHTON, MA
02072
KENNETH W. LANG Prior to April, 1997, VICE
VICE PRESIDENT PRESIDENT, MONTGOMERY SECURITIES,
600 MONTGOMERY ST., SAN
FRANCISCO, CA 94111
COLEMAN N. LANNUM, III PRIOR TO JUNE, 1997, DIRECTOR-
SENIOR VICE PRESIDENT INVESTOR RELATIONS, MALLINCKRODT,
INC., 7733 FORSYTH BLVD., ST.
LOUIS, MO 63105
LEONARD LAPORTA, JR. PRIOR TO MARCH, 1998, ASSISTANT
VICE PRESIDENT VICE PRESIDENT, STATE STREET
GLOBAL ADVISORS, TWO
INTERNATIONAL PLACE, BOSTON, MA
02110; BOARD OF OVERSEERS', USS
CONSTITUTION MUSEUM, CHARLESTON,
MA
LAWRENCE J. LASSER DIRECTOR, MARSH & MCLENNAN
PRESIDENT, DIRECTOR AND CHIEF COMPANIES, INC., 1221 AVENUE OF
EXECUTIVE THE AMERICAS, NEW YORK, NY
10020; BOARD OF GOVERNORS AND
EXECUTIVE COMMITTEE, INVESTMENT
COMPANY INSTITUTE, 1401 H. ST.,
N.W. SUITE 1200, WASHINGTON, DC
20005; BOARD OF OVERSEERS, MUSEUM
OF FINE ARTS, 465 HUNTINGTON,
AVE., BOSTON, MA 02115; TRUSTEE,
BETH ISRAEL DEACONESS MEDICAL
CENTER, 330 BROOKLINE AVE.,
BOSTON, MA; MEMBER OF THE COUNCIL
ON FOREIGN RELATIONS, 58 EAST
68TH ST., NEW YORK, NY 10021;
MEMBER OF THE BOARD OF DIRECTORS
OF THE UNITED WAY OF
MASSACHUSETTS BAY, 245 SUMMER
ST., SUITE 1401, BOSTON, MA
02110; TRUSTEE OF THE VINEYARD
OPEN LAND FOUNDATION, RFD BOX
319X, VINEYARD HAVEN, MA 02568.
JOAN M. LEARY PRIOR TO JANUARY, 1997, SENIOR
VICE PRESIDENT TAX MANAGER, KMPG, 99 HIGH
STREET, BOSTON, MA 02110
CRAIG S. LEWIS PRIOR TO JANUARY, 1998, ANALYST,
VICE PRESIDENT KEYSTONE INVESTMENTS, 200
BERKELEY STREET, BOSTON, MA
02101
GEIRULV LODE PRIOR TO JULY, 1997, VICE
VICE PRESIDENT PRESIDENT, CHANCELLOR LGT, ASSET
MANAGEMENT, 1166 AVENUE OF THE
AMERICAS, NEW YORK, NY 10036
ELIZABETH M. MACELWEE PRIOR TO JANUARY, 1998,
SENIOR VICE PRESIDENT PRINCIPAL, MORGAN STANLEY, 1155
BROADWAY, NEW YORK, NY 10036
DIANA R. MADONNA PRIOR TO JANUARY, 1997,
ASSISTANT VICE PRESIDENT LIBRARIAN, LIPPER ANALYTICAL
SERVICES, INC., 1380 LAWRENCE
ST., DENVER, CO 80204
SARA MALAK PRIOR TO OCTOBER, 1997,
VICE PRESIDENT CONSULTANT, THE BOSTON
CONSULTANT, EXCHANGE PLACE,
BOSTON, MA 02109
BRUCE D. MARTIN PRIOR TO APRIL, 1997, VICE
VICE PRESIDENT PRESIDENT, EATON VANCE, 29
BOSTON, MA 02110
KEVIN MALONEY INSTITUTIONAL DIRECTOR, FINANCIAL
MANAGING DIRECTOR MANAGEMENT ASSOCIATION,
UNIVERSITY OF SOUTH FLORIDA,
COLLEGE OF BUSINESS
ADMINISTRATION, SUITE 3331,
TAMPA, FL 33620
SCOTT M. MAXWELL PRIOR TO MARCH, 1997, CHIEF
MANAGING DIRECTOR FINANCIAL OFFICER-EQUITY
DIVISION, LEHMAN BROTHERS, 3
WORLD FINANCIAL CENTER, NEW YORK,
NY 10285
BRIDGET MCCAVOY PRIOR TO OCTOBER, 1997, SENIOR
ASSISTANT VICE PRESIDENT RECRUITER, BANKBOSTON, 100
FEDERAL ST., BOSTON, MA 02110;
PRIOR TO OCTOBER, 1996. EXECUTIVE
RECRUITER, HI HUNT & CO., 99
SUMMER ST., BOSTON, MA 02110
WILLIAM MCGUE BOARD MEMBER, SACRED HEART
MANAGING DIRECTOR ELEMENTARY SCHOOL, 75 COMMERCIAL
ST.,WEYMOUTH, MA 02188; BOARD OF
DIRECTORS MEMBER AND TREASURER,
WHITTEMORE SHORES CONDOMINIUM
ASSOCIATION, BRIDGEWATER, NH
03222
PAUL K. MICHAUD PRIOR TO DECEMBER, 1997,
VICE PRESIDENT ASSISTANT VICE PRESIDENT, UNION
BANK OF SWITZERLAND,
BAHNHOFSTRASSE 45, 8021 ZURICH,
SWITZERLAND
CAROL H. MILLER BOARD MEMBER, THE ROBBINS-DE
ASSISTANT VICE PRESIDENT BEAUMONT FOUNDATION, C/O SULLIVAN
& WORCESTER, ONE POST OFFICE
SQUARE, BOSTON, MA 02109; BOARD
MEMBER, BURKE MTN. ACADEMY, EAST
BURKE, VT; BOARD MEMBER, THE
LYRIC STAGE THEATER, 140
CLARENDON ST., BOSTON, MA 02116;
BOARD MEMBER, THE BOSTON MODERN
ORCHESTRA PROJECT, P.O. BOX
39134, CAMBRIDGE, MA 02139
CHRISTOPHER G. MILLER PRIOR TO JANUARY, 1998, Portfolio
VICE PRESIDENT Manager, ANALYTIC TSA
GLOBAL ASSET MANAGEMENT, 700 SO.
FLOWER ST., LOS ANGELES, CA 90017
WILLIAM H. MILLER PRIOR TO OCTOBER, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT AND ASSET PORTFOLIO
MANAGER, DELAWARE MANAGEMENT, ONE
COMMERCE SQUARE, PHILADELPHIA, PA
JEANNE L. MOCKARD TRUSTEE, THE BRYN MAWR SCHOOL,
SENIOR VICE PRESIDENT 109, W. MELROSE AVENUE,
BALTIMORE, MA 21210
GERARD I. MOORE PRIOR TO AUGUST, 1997, VICE
VICE PRESIDENT PRESIDENT/EQUITY RESEARCH, BOSTON
COMPANY ASSET MANAGEMENT, ONE
BOSTON PLACE, BOSTON, MA 02109
KELLY A. MORGAN PRIOR TO SEPTEMBER, 1996, SENIOR
SENIOR VICE PRESIDENT VICE PRESIDENT AND INTERNATIONAL
PORTFOLIO MANAGER, ALLIANCE
CAPITAL MANAGEMENT, 1345 AVENUE
OF THE AMERICAS, NEW YORK, NY
10020
DONALD E. MULLIN CORPORATE REPRESENTATIVE AND
SENIOR VICE PRESIDENT BOARD MEMBER, DELTA DENTAL PLAN
OF MASSACHUSETTS, 10 PRESIDENTS
LANDING, P.O. BOX 94104, MEDFORD,
MA 02155
GAYLE M. O'CONNELL PRIOR TO MARCH, 1997, ASSISTANT
ASSISTANT VICE PRESIDENT DIRECTOR OF HUMAN RESOURCES, ITT
SHERATON CORPORATION, 60 STATE
ST., BOSTON, MA 02109
STEPHEN S. OLER PRIOR TO JUNE, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT, TEMPLETON INVESTMENT
COUNSEL, 500 E. BROWARD BLVD.,
FT. LAUDERDALE, FL 33394
KERRY M. OWENS PRIOR TO JULY, 1998, MARKETING
ASSISTANT VICE PRESIDENT MANAGER, ABN AMRO, 199
BISHOPSGATE, LONDON, ENGLAND,
EC2M 3TY; PRIOR TO APRIL, 1997,
ASSISTANT MANAGER, CITIBANK, 336
STRAND, LONDON, ENGLAND, WC2
KIMBERLY A.M. PAGE PRIOR TO FEBRUARY, 1998, SENIOR
ASSISTANT VICE PRESIDENT CONSULTANT, ANDERSEN CONSULTING,
100 WILLIAMS ST., WELLESLEY, MA
02181
MARGERY C. PARKER PRIOR TO DECEMBER, 1997, VICE
SENIOR VICE PRESIDENT PRESIDENT AND PORTFOLIO MANAGER,
KEYSTONE INVESTMENTS 200 BERKELEY
STREET, BOSTON, MA 02101
CARMEL PETERS PRIOR TO APRIL, 1997, MANAGING
SENIOR VICE PRESIDENT DIRECTOR/CHIEF INVESTMENT ASIA
PACIFIC, WHELLOCK NATWEST
INVESTMENT MANAGEMENT, LTD,
NATWEST TOWER, TIMES SQUARE,
CAUSEWAY BAY, HONG KONG, CHINA
WILLIAM PERRY PRIOR TO SEPTEMBER, 1997, SENIOR
VICE PRESIDENT TRADER, FIDELITY MANAGEMENT &
RESEARCH, 82 DEVONSHIRE ST.,
BOSTON, MA 02110
KEITH PLAPINGER CHAIRMAN AND TRUSTEE, ADVENT
VICE PRESIDENT SCHOOL, 17 BRIMMER ST., BOSTON,
MA 02108
CHARLES E. PORTER TRUSTEE, ANATOLIA COLLEGE, 130
EXECUTIVE VICE PRESIDENT BOWDOIN ST., SUITE 1201, BOSTON,
MA 02108; GOVERNOR, HANDEL &
HAYDEN SOCIETY, HORTICULTURE
HALL, 300 MASSACHUSETTS AVE.,
BOSTON, MA 0215
GEORGE PUTNAM CHAIRMAN AND DIRECTOR, PUTNAM
CHAIRMAN AND DIRECTOR MUTUAL FUNDS CORP.; DIRECTOR, THE
BOSTON COMPANY, INC., ONE BOSTON
PLACE, BOSTON, MA 02108;
DIRECTOR, BOSTON SAFE DEPOSIT AND
TRUST COMPANY, ONE BOSTON PLACE,
BOSTON, MA 02108; DIRECTOR,
FREEPORT-MCMORAN, INC., 200 PARK
AVENUE, NEW YORK, NY 10166;
DIRECTOR, GENERAL MILLS, INC.,
9200 WAYZATA BOULEVARD,
MINNEAPOLIS, MN 55440; DIRECTOR,
HOUGHTON MIFFLIN COMPANY, ONE
BEACON STREET, BOSTON, MA 02108;
DIRECTOR, MARSH & MCLENNAN
COMPANIES, INC., 1221 AVENUE OF
THE AMERICAS, NEW YORK, NY
10020; DIRECTOR, ROCKEFELLER
GROUP, INC., 1230 AVENUE OF THE
AMERICAS, NEW YORK, NY 10020;
TRUSTEE, MASSACHUSETTS GENERAL
HOSPITAL, FRUIT STREET, BOSTON,
MA 02114; MCLEAN HOSPITAL 115
MILL ST., BELMONT,MA 02178; THE
COLONIAL WILLIAMSBURG FOUNDATION,
POST OFFICE BOX 1776,
WILLIAMSBURG, VA 23187; THE
MUSEUM OF FINE ARTS, 465
HUNTINGTON AVENUE, BOSTON, MA
02115; WGBH FOUNDATION, 125
WESTERN AVENUE,BOSTON, MA 02134;
THE NATURE CONSERVANCY, POST
OFFICE SQUARE BUILDING, 79 MILK
ST., SUITE 300, BOSTON, MA 02109;
TRUSTEE, THE JACKSON LABORATORY,
600 MAIN ST., BAR HARBOR, ME 04
ROBERT A. PIEPENBURG PRIOR TO DECEMBER, 1997,
VICE PRESIDENT ASSISTANT VICE PRESIDENT,
BANKBOSTON CORP./BOSTON SECURITY,
100 FEDERAL ST., BOSTON, MA
02106
ELIZABETH PRICE PRIOR TO JANUARY, 1998,
ASSISTANT VICE PRESIDENT INVESTMENT ANALYST, SCHRODER
INVESTMENT MANAGEMENT LIMITED, 33
GUTTER LANE, LONDON, EC2V 8AS,
ENGLAND
EDWARD QIAN PRIOR TO FEBRUARY, 1998, BACK BAY
VICE PRESIDENT ADVISORS, 399 BOYLSTON ST.,
BOSTON, MA 02116; PROR TO
SEPTEMBER, 1996, POST-DOCTORATE
RESEARCH, MASSACHUSETTS INSTITUTE
OF TECHNOLOGY, 77 MASSACHUSETTS
AVENUE, CAMBRIDGE, MA 02109
KEITH QUINTON DIRECTOR, ELEAZAR, INC., WEST
SENIOR VICE PRESIDENT WHEELOCK ST., HANOVER, NH 03755
THOMAS V. REILLY TRUSTEE, KNOX COLLEGE, 2 EAST
MANAGING DIRECTOR SOUTH ST., GALESBURG, IL 61401
MARC J. RITENHOUSE PRIOR TO JANUARY, 1998, DIRECTOR
VICE PRESIDENT OF FINANCE, FIDELITY INVESTMENTS,
INC., 82 DEVONSHIRE ST., BOSTON,
MA 02109
OLIVER RUDIGOZ PRIOR TO APRIL, 1998, PORTFOLIO
VICE PRESIDENT MANAGER, PARIBAS ASSET
Management, #3 Rue D'Antin,
Paris, France, 75002
Michael V. Salm Prior to November, 1997, Mortgage
VICE PRESIDENT Analyst, Blackrock Financial
345 Park Ave., New York,
NY 10010
Robert J. Schoen Prior to June, 1997, Sole
ASSISTANT VICE PRESIDENT Proprietor, Schoen Timing
Strategies, 315 E. 21st
, New York, NY 10010
Justin M. Scott Director, DSI PROPRIETIES
MANAGING DIRECTOR (Neja) Ltd., Epping Rd., Reydon,
Essex CM19 5RD
Max S. Senter General Partner, M.S. Senter &
SENIOR VICE PRESIDENT Sons Partnership, 4900
Fayetteville Rd., Raleigh,
NC 27611
Edward Shadek, Jr. Prior to March, 1997, Portfolio
VICE PRESIDENT Manager, Newhold Asset
Management, 950 Haverford Rd.,
Bryn Mawr, PA 19010
Raj Ken Sharma Prior to January, 1998, Vice
VICE PRESIDENT President and Portfolio Manager,
Fleet Financial, 75 State
Street, Boston, MA 02106
GORDON H. SILVER Trustee, Wang Center for
MANAGING DIRECTOR the Performing Arts, 270 Tremont
St., BOSTON, MA 02116
DAVID M. SILK MEMBER OF BOARD OF DIRECTORS,
SENIOR VICE PRESIDENT JOBS FOR BAY STATE GRADUATES, 451
ANDOVER ST., SUITE 305, NORTH
ANDOVER, MA 01845
Steven Spiegel Director, Ultra DIAMOND
SENIOR MANAGING DIRECTOR AND GOLD OUTLET., 29 East Madison
St., SUITE 1800, Chicago, IL
60602; DIRECTOR, FACES NEW YORK
UNIVERSITY MEDICAL CENTER, 550
FIRST AVENUE, NEW YORK, NY
10016; Trustee, Babson
College, One College Drive,
Wellesley, MA 02157;
Christopher A. Spurlock Prior to May, 1997, Sales Trader,
VICE PRESIDENT J.P. Morgan, 60 Wall St.,
New York, NY
Michael P. Stack Prior to November, 1997, Senior
SENIOR VICE PRESIDENT Vice President and Portfolio
Manager, Independence
Investment Associates, 53 State
St., Boston, MA 02109
Casey STRUMPFT Prior to January, 1997, Director,
SENIOR VICE PRESIDENT Blue Cross and Blue SHIRELD,
100 Summer St., Boston,
MA 02110
Prior to February, 1998, Vice
President, Corporate Research
Robert E. Sweeney Smith Barney, One New
VICE PRESIDENT York Plaza, New York, NY 10004
Judith H. Swirbalus Prior to January, 1998, Alex,
VICE PRESIDENT Brown & Sons, One South St.,
Baltimore, MD 21202
JOHN C. TALANIAN MEMBER OF BOARD OF DIRECTORS, THE
MANAGING DIRECTOR JAPAN SOCIETY OF BOSTON, ONE MILK
STREET, BOSSTON, MA 02109
Robert J. Toner Prior to September, 1998,
ASSISTANT VICE PRESIDENT Associate, Goodwin Procter &
Hoar, LLP, Exchange
Place, Boston, MA 02109
John R. Tonkin Prior to January, 1998, Analyst,
ASSISTANT VICE PRESIDENT Credit Suisse First Boston
Celtic Towers, The
Terrace Wellington, New
Zealand
Prior to September, 1997,
Staffing Lead, Cisco Systems, 250
Scott G. Vierra APOLIO Drive, Chelmsford,
VICE PRESIDENT MA 01824
David L. Waldman Prior to June, 1997, Senior
MANAGING DIRECTOR Portfolio Manager, Lazard Feres
Asset Management, 30
Rockefeller Center, New York, NY
10112
Paul C. Warren Prior to May, 1997, Director, IDS
SENIOR VICE PRESIDENT Fund Management, LT, One
Pacific Place, SQUENSWAY,
Hong Kong, China
DIERDRE WEST-SMITH TRUSTEE, ST. JAMES CONDO
ASSISTANT VICE PRESIDENT ASSOCIATION, 66 ST. JAMES ST.,
ROXBURY, MA 02119
Eric Wetlaufer PRESIDENT AND MEMBER OF
Managing Director BOARD OF DIRECTORS, THE BOSTON
SECURITY ANALYSTS SOCIETY, INC.,
100 BOYLSTON ST., SUITE 1050,
Boston, MA 02110
EDWARD F. WHALEN MEMBER OF THE BOARD OF DIRECTORS,
SENIOR VICE PRESIDENT HOCKOMOCK AREA YMCA, 300 ELMWOOD
ST., NORTH ATTLEBORO, MA 02760
Burton Wilson Prior to March, 1997, Associate
VICE PRESIDENT Investments Banking,
Robertson Stephens & Co.,
555 California St., Suite 2600,
San Francisco, CA 94104
RICHARD P. WYKE DIRECTOR, SALEM YMCA, ONE
Senior Vice President SEWALL ST., SALEM, MA 01970
Scott D. Zaleski Prior to May, 1997, Investment
ASSISTANT VICE PRESIDENT Officer, State Street Bank &
Trust, 1776 Heritage Dr.,
Quincy, MA 02171; Prior to
September, 1996, Investment
Associate Fidelity Investments,
82 Devonshire St., Boston, MA
02109
Michael P. Zeller Prior to July, 1997, Sales
VICE PRESIDENT MANGER, NYNEX Information
Resources, 35 Village
R., Middleton, MA 01949
ITEM 27. PRINCIPAL UNDERWRITER
(a) Putnam Mutual Funds Corp. is the principal underwriter for
each of the following investment companies, including the
Registrant:
Putnam American Government Income Fund, Putnam Arizona Tax Exempt
Income Fund, Putnam Asia Pacific Growth Fund, Putnam Asset
Allocation Funds, Putnam Balanced Retirement Fund, Putnam
California Tax Exempt Income Fund, Putnam California Tax Exempt
Money Market Fund, Putnam Capital OPPORTUNITITES Fund,
Putnam Convertible Income-Growth Trust, Putnam Diversified Equity
Trust, Putnam Diversified Income Trust, Putnam Equity
Income Fund, Putnam Europe Growth Fund, Putnam Florida
Tax Exempt Income Fund, Putnam Funds Trust, The George Putnam
Fund of Boston, Putnam Global Governmental Income Trust, Putnam
Global Growth Fund, Putnam Global Natural Resources Fund, The
Putnam Fund for Growth and Income, Putnam Growth and Income Fund
II, Putnam Health Sciences Trust, Putnam High Yield Trust, Putnam
High Yield Advantage Fund, Putnam High QUALITY BOND FUND,
Putnam Income Fund, Putnam Intermediate U.S. Government Income
Fund, PUTNAM INTERNATIONAL GROWTH FUND, Putnam Investment Funds,
Putnam Investors Fund, Putnam Massachusetts Tax Exempt Income
Fund, Putnam Michigan Tax Exempt Income Fund, Putnam Minnesota
Tax Exempt Income Fund, Putnam Money Market Fund, Putnam
Municipal Income Fund, Putnam New Jersey Tax Exempt Income Fund,
Putnam New Opportunities Fund, Putnam New York Tax Exempt Income
Fund, Putnam New York Tax Exempt Money Market Fund, Putnam New
York Tax Exempt Opportunities Fund, Putnam Ohio Tax Exempt Income
Fund, Putnam OTC & Emerging Growth Fund, Putnam Pennsylvania Tax
Exempt Income Fund, Putnam Preferred Income Fund, PUTNAM
STRATEGIC INCOME FUND, Putnam Tax Exempt Income Fund, Putnam Tax
Exempt Money Market Fund, Putnam Tax-Free Income Trust, Putnam
U.S. Government Income Trust, Putnam Utilities Growth and Income
Fund, Putnam Variable Trust, Putnam Vista Fund, Putnam Voyager
Fund, Putnam Voyager Fund II.
(b) The directors and officers of the Registrant's principal
underwriter are listed below. The principal business address of
each person is One Post Office Square, Boston, MA 02109:
Name Positions and Positions and
Offices Offices
with Underwriter with Registrant
Aaron,Jeff F. Asst. Vice None
President
Adduci,John V. Vice President None
Albanese,Frank Vice President None
Alberts,Richard W. Asst. Vice None
President
Alden,Donald F. Vice President None
Alders,Christopher A. Senior Vice None
President
Alpaugh,Christopher S. Vice President None
Amisano,Paulette C. Vice President None
Andrews,Margaret Vice None
President
Arends,Michael K. Senior Vice None
President
Asher,Steven E. Senior Vice None
President
Avery,Scott A. Senior Vice None
President
Aymond,Christian E. Senior Vice None
President
Aymond,Colin C. Vice President None
Battit,Suzanne J Vice President None
Beatty,Steven M. Senior Vice None
President
Bent,John J. Vice President None
Beringer,Thomas VICE President None
C.
Berka,Sharon A. Senior Vice None
President
Boneparth,John F. Managing Director None
Bonfilio Jr.,Peter J. Asst. Vice None
President
Bouchard,Keith R. Senior Vice None
President
Bradford Jr.,Linwood Senior Vice None
E. President
Brennan,Mary Ann Asst. Vice None
President
Bresnahan,Leslee R. Senior Vice None
President
Brockelman,James D. Senior Vice None
President
Brookman,Joel S. Vice President None
Brown,Timothy K. Senior Vice None
President
Buckner,Gail D. Senior Vice None
President
Burke,Robert W. Sr Managing None
Director
Cabana,Susan D. Vice President None
Callahan,Thomas C. Asst. Vice None
President
Capone,Robert G. Senior Vice None
President
Cartwright,Patricia A. Asst. Vice None
President
Casey,David M. Vice President None
Castle Jr.,James R. Vice PRESIDENT NONE
CHAPMAN,THOMAS E. VICE President None
Chase,Mary Claire Vice President None
Chrostowski,Louis F. Senior Vice None
President
Church,Daniel J. Vice President None
Clark,Richard B. Senior Vice None
President
Clermont,Mary Asst. Vice None
President
Clinton,John C. Asst. Vice None
President
Collman,Kathleen M. Sr Managing None
Director
Commane,Karen L. Asst. Vice None
President
Coneeny,Mark L. Senior Vice None
President
Connelly, Senior Vice None
Donald A. President
Connolly,Karen E. Asst. Vice None
President
Conyers,Barry M. Vice President None
Corbett,Dennis Vice President None
Corvinus,F. Nicholas Senior Vice None
President
Cosmer,Thomas A. Senior Vice NONE
PRESIDENT
COTTO,STEPHEN P ASST. VICE None
President
Cristo,Chad H. Vice President None
Cropper,Joy Bacher Asst. Vice None
President
Crowley,Colleen J. Asst. Vice None
President
Curran,Peter J. Senior Vice None
President
Dahill,Jessica E. Vice President None
Daly,Kenneth L. Managing Director None
Dane,Edward H. Senior Vice None
President
Daylor,Donna M. Vice President None
Days,Nancy M. Asst. Vice None
President
De Oliveira- Asst. Vice None
Smith,Pamela President
Deluse,Laura R. Asst. Vice None
President
DeMont,Lisa M. Vice President None
Dennehy,Teresa F. Vice PRESIDENT NONE
DERBYSHIRE,RALPH C SENIOR VICE NONE
PRESIDENT
DEVIN,RENATE S. SENIOR VICE None
President
DiRe,Lisa M. Asst. Vice None
President
DiStasio,Karen E. Vice President None
Dolan,Michael G. Vice President None
Donaldson,Scott M. Vice President None
Duffy,Deirdre E. Senior Vice None
President
Durbin,Emily J. Vice PRESIDENT NONE
DURKEE,CHRISTINE ASST. VICE None
President
Edlin,David B. Managing Director None
Eisenkraft,Gail A. Managing Director None
English,James M. Senior Vice None
President
Esposito,Vincent Managing NONE
DIRECTOR
FARRELL,DEBORAH S. SENIOR VICE None
President
Feldman,Susan H. Senior Vice None
President
Fisher,C. Nancy Managing Director None
Fishman,Mitchell B. Senior Vice None
President
Fiumara,Joseph C. Vice President None
Flaherty,Patricia C. Senior Vice None
President
Fleisher,Kate Vice NONE
PRESIDENT
FOLEY,TIMOTHY P. VICE PRESIDENT NONE
FROST,KAREN T. SENIOR Vice None
President
Fullerton,Brian J. Senior Vice None
President
Gates,Judy S. Senior Vice None
President
Gennaco,Joseph P. Senior Vice NONE
PRESIDENT
GIBBS,STEPHEN C. VICE President None
Gindel,Caroline E. Asst. Vice None
President
Goodfellow,Mark D. Vice President None
Goodman,Robert Managing Director None
Gould,Carol J. Asst. Vice NONE
PRESIDENT
]GRACE,Anthony J. Asst. Vice None
President
Grace,Linda K. Vice PRESIDENT NONE
GREENWOOD,DANIEL W. VICE President None
Grossberg,Jill Asst. Vice None
President
Grove,Denise Vice President None
Guay,Timothy R. Asst. Vice None
President
Gubala,Jeffrey P. Vice President None
Guerin,Donnalee Asst. Vice None
President
Guerra,Salvatore F. Vice PRESIDENT NONE
HAINES,JAMES B. ASST. VICE None
President
Hall,Debra L. Vice President None
Halloran,James E. Vice President None
Halloran,Thomas W. Senior Vice None
President
Harbeck,John D. Vice President None
Harrington,Bruce D. Vice President None
Hartigan,Craig W. Vice President None
Hartley,Deborah M. Asst. Vice None
President
Hawkins III,Howard W. Vice President None
Hayes-Castro,Deanna R. Vice None
President
Hedstrom,Gayle A. Asst. Vice None
President
Heffernan,Paul P. Senior Vice None
President
Heimanson,Susan M. Senior Vice None
President
Holly Sr.,Jeremiah K. Vice President None
Holmes,Maureen A. Asst. Vice None
President
Hooley,Daniel F Jr. Asst. Vice None
President
Hoyt,Paula J. Asst. Vice None
President
Hurley,William J. Managing Director NONE
& CFO
HUTCHINS,ROBERT B. VICE PRESIDENT NONE
ISGUR,Marianne P. Asst. Vice None
President
Jacobsen,Dwight D. Managing NONE
DIRECTOR
JORDAN,Stephen R. Asst. Vice None
President
Kapinos,Peter J. Vice President None
Kay,Karen R. Senior Vice NONE
PRESIDENT
KELEHER,KEVIN J. ASST. VICE None
President
Kelley,Brian J. Vice President None
Kelly,A.Siobhan Asst. Vice None
President
Kennedy,Alicia C. Asst. Vice None
President
King,David L. MANAGING DIRECTOR NONE
KING,DAVID R. VICE PRESIDENT NONE
KINOSHITA,TAKASHI VICE President None
Kinsman,Anne Senior Vice None
President
Kirk,Deborah H. Senior Vice None
President
Koontz,Jill A. Senior Vice None
President
Kreutzberg,Howard H. Senior Vice None
President
Krieger,Marjorie B. Vice President None
Lacascia, VICE PRESIDENT NONE
CHARLES M.
LANDERS,BRUCE M. VICE President None
Lane,Linda Asst. Vice None
President
LaPierre,Christopher W Asst. Vice None
President
Lathrop,James D. Senior Vice None
President
Lawlor,Stephanie T. Asst. Vice None
President
Leary,Joan M. Vice President None
Ledbetter,Charles C. Vice President None
Leipsitz,Margaret Asst. Vice None
President
Lemire,Kevin Vice President None
Leonardo,Christine A. Vice President None
Levy,Eric S. Senior Vice NONE
PRESIDENT
LEVY,NORMAN S. VICE President None
Lewandowski Jr.,Edward Vice President None
V.
Lewandowski,Edward V. Senior Vice None
President
Li,Mei Asst. Vice None
President
Lieberman,Samuel L. Vice President None
Lifsitz,David M. Vice President None
Lilien,David R. Vice President None
Linehan,Ann-Marie Asst. Vice None
President
Litant,Lisa M. Asst. Vice None
President
Lockwood,Maura A. Senior Vice None
President
Lomba,Rufino R. Senior Vice None
President
Long,Gregory T. Vice President None
Lucey,Kevin J Vice President None
Lucey,Robert DIRECTOR NONE
F.
LUCEY, THOMAS PRESIDENT AND NONE
DIRECTOR
LYONS,Robert F. Asst. Vice None
President
Malatos,Ann Vice President None
Mallin,Bonnie J. Senior VICE NONE
PRESIDENT
MALOOF,RENEE L. ASST. Vice None
President
Mancini,Dana Asst. Vice NONE
PRESIDENT
MANNING,GEORGE J. VICE President None
Manthorne,Heather M. Asst. Vice None
President
Maravel,Alexi A. Asst. Vice None
President
Marius,Frederick S. Vice President None
McAvoy,Bridget Asst. Vice None
President
McCafferty,Karen A. Vice President None
McCarthy,Anne B. Asst. Vice None
President
McConville,Paul D. Senior Vice None
President
McCracken,Brian Asst. Vice None
President
McCutcheon,Bruce A Senior Vice None
President
McDermott,Daniel E. Asst. Vice None
President
McKenna,Mark J. Senior Vice None
President
McNamara,Laura Vice President None
McNamee,Mary G. Asst. VICE NONE
PRESIDENT
MEAGHER,DOROTHY B. ASST. Vice None
President
Metelmann,Claye A. Vice President None
Milgroom,Eric D. Asst. Vice None
President
Miller,Bart D. Senior Vice None
President
Miller, Managing Director None
Jeffrey M.
Mills,Ronald K. Vice President None
Minsk,Judith Asst. Vice None
President
Mintzer,Matthew P. Senior Vice None
President
Monahan,Kimberly A. Vice President None
Moody,Paul R. Vice PRESIDENT NONE
MOONIN,SARA R. ASST. VICE None
President
Moret,Mitchell L. Senior Vice None
President
Mosher,Barry L. Asst. Vice None
President
Mullen,Donald E. Senior Vice None
President
Murphy JR.,KENNETH W. ASST. VICE NONE
PRESIDENT
MURPHY,Paul G. Vice President None
Murray,Brendan R. Vice President None
Nadherny,Robert Senior Vice None
President
Natale,Ellen E. Asst. VICE NONE
PRESIDENT
NAUEN,KIMBERLY PAGE ASST. Vice None
President
Neary,Ellen R. Vice President None
Nelson,Alexander L. Managing Director None
Newell,Amy Jane Vice President None
Nickodemus,John P. Senior Vice None
President
Nickse,Gail A. Asst. Vice None
President
O'Brien,Lois C. Vice President None
O'Brien,Nancy E. Vice President None
O'Connell,Gayle M. Asst. Vice None
President
Onofrio,Ellen Asst. Vice NONE
PRESIDENT
OWENS,KERRY M. ASST. Vice None
President
Palmer,Patrick J. Vice President None
Palombo,Joseph R. Managing NONE
DIRECTOR
PANESSA,BRIAN VICE PRESIDENT NONE
PAPES,Scott A. Vice President None
Parr,Cynthia O. Vice President None
Pelletier,Dale M. Vice President None
Peterson,Jennifer H. Asst. Vice None
President
Peterson, VICE PRESIDENT NONE
KATHRYN L.
PETRALIA,RANDOLPH S. SENIOR VICE None
President
Phoenix,John G. Senior Vice None
President
Phoenix,Joseph Senior Vice None
President
Plapinger,Keith Senior Vice NONE
PRESIDENT
POWERS,BRIAN S. ASST. Vice None
President
Present,Howard B. Senior Vice None
President
Pulkrabek,Scott M. Vice President None
Putnam,George Director Chairman and
PRESIDENT
REZABEK,Joseph L. Asst. Vice None
President
Riley,Megan G. Asst. Vice None
President
Ritenhouse,Marc J. Vice President None
Rodammer,Kris Vice President None
Rogers,Deborah A. Vice President None
Rothman,Debra V. Vice President None
Rowe,Robert B. Vice None
President
Ruys de Perez,Charles Senior Vice None
A. President
Ryan,Carolyn M. Asst. Vice None
President
Ryan,Deborah A. Vice None
President
Saunders,Catherine A. Senior Vice None
President
Saunders,Robbin L. Vice President None
Saur,Karl W. Vice President None
Scanlon,Michael M. Vice President None
Schaefer,Jennifer L. Asst. Vice None
President
Schofield,Shannon D. Vice President None
Schroeder,Paul R. Asst. Vice None
President
Schultz,Mitchell D. Managing Director None
Scordato,Christine A. Senior Vice None
President
Scott,Joseph W. Asst. Vice None
President
Segers,Elizabeth R. Senior Vice None
President
Shamburg,John B. Vice President None
Sharpless,Kathy G. Managing NONE
DIRECTOR
SHIEBLER,WILLIAM N. DIRECTOR VICE PRESIDENT
SHORT,JONATHAN D. SENIOR VICE NONE
PRESIDENT
SILVER,GORDON H. SENIOR Managing Vice President
Director
Skistimas Jr,John J. Vice President None
Smith,Stuart C. Asst. Vice None
President
Southard,Peter J. Vice President None
Spiegel,Steven Sr Managing None
Director
Stack,Michael P. Senior Vice None
President
Stanojev,Nicholas T. Senior Vice NONE
PRESIDENT
STARR,LOREN M. MANAGING DIRECTOR NONE
STEINBERG,Lauren B. Asst. Vice None
President
Stern,Derek A. Asst. Vice None
President
Stickney,Paul R. Senior Vice None
President
Strumpf,Casey Senior Vice None
President
Sullivan,Brian L. Senior Vice None
President
Sullivan,Donna G Vice President None
Sullivan,Elaine M. Senior Vice None
President
Sullivan,Guy Managing Director None
Sullivan,Kevin J. Senior Vice None
President
Sullivan,Maryann Asst. Vice None
President
Sutherland,George C. Vice NONE
PRESIDENT
SWEENEY,JANET C. SENIOR VICE NONE
PRESIDENT
TALANIAN,JOHN C. MANAGING DIRECTOR NONE
TANNER,B Iris Vice President None
Tavares,April M. Asst. Vice None
President
Taylor,David S. Vice President None
Telling,John R. Senior Vice None
President
Tercha,Cynthia Vice President None
Thomas,Tracy ASST. Vice None
E. President
Tibbetts,Richard B. Managing Director None
Tirado,Patrice M. Vice PRESIDENT NONE
TONER,ROBERT J. ASST. VICE None
President
Tosi,Janet E. Vice President None
Troped,Bonnie L. Senior Vice None
President
Trowbridge,Wendy S. Asst. Vice None
President
Twigg,Christine M. Asst. Vice None
President
Vander Linde,Douglas Senior Vice None
J. President
Verani,John R. Senior Vice Vice President
President
Vierra,Scott G. Vice None
President
Waters,Mitchell J. Vice None
President
West-Smith,Deirdre Asst. Vice NONE
PRESIDENT
WHALEN,Brian Vice President None
Whalen,Edward F. Senior Vice None
President
Whitaker,J. Greg Vice President None
White,J. Bennett Vice None
President
Wolfson,Jane Senior Vice None
President
Woloshin,Benjamin I. Senior Vice None
President
Woolverton,William H. Managing Director None
Zeller,Michael P. Vice President None
Zografos,Laura J. Vice President None
Zukowski,Virginia A. Senior Vice None
President
ITEM 28. LOCATION OF ACCOUNTS AND RECORDS
Persons maintaining physical possession of accounts,
books and other documents required to be maintained by Section
31(a) of the Investment Company Act of 1940 and the Rules
promulgated thereunder are Registrant's Clerk, Beverly Marcus;
Registrant's investment adviser, Putnam Investment Management,
Inc.; Registrant's principal underwriter, Putnam Mutual Funds
Corp.; Registrant's custodian, Putnam Fiduciary Trust Company
("PFTC"); and Registrant's transfer and dividend disbursing
agent, Putnam Investor Services, a division of PFTC. The address
of the Clerk, investment adviser, principal underwriter,
custodian and transfer and dividend disbursing agent is One Post
Office Square, Boston, Massachusetts 02109.
ITEM 29. MANAGEMENT SERVICES
None.
ITEM 30. UNDERTAKINGS
(a) Registrant hereby undertakes, if requested to do so
by the holders of at least 10% of its outstanding shares, to call
a meeting of shareholders for the purposes of voting upon the
question of removal of a Trustee or Trustees and to assist in
communications with other shareholders as required by Section
16(c) of the Investment Company Act of 1940.
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the
Prospectus and Statement of Additional Information constituting
parts of this Post-Effective Amendment No. 20 to the Registration
Statement on Form N-1A (the "Registration Statement") (File No.
333-515) of our reports dated October 9, 1998, October 13, 1998
and October 15, 1998, relating to the financial statements and
financial highlights appearing in the August 31, 1998 Annual
Report of Putnam Latin America Fund, Putnam Asia Pacific Fund II
and Putnam High Yield Trust II, each a series of Putnam Funds
Trust, which financial statements and financial highlights are
also incorporated by reference into the Registration Statement.
We also consent to the references to us under the heading
"Independent Accountants and Financial Statements" in such
Statement of Additional Information and under the heading
"Financial highlights" in such Prospectus.
PricewaterhouseCoopers LLP
Boston, Massachusetts
October 28, 1998
--------------------------
NOTICE
A copy of the Agreement and Declaration of Trust of
Funds Trust is on file with the Secretary of State of The
Commonwealth of Massachusetts and notice is hereby given that
this instrument is executed on behalf of the Registrant by an
officer of the Registrant as an officer and not individually and
the obligations of or arising out of this instrument are not
binding upon any of the Trustees, officers or shareholders
individually but are binding only upon the assets and property of
the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933
and the Investment Company Act of 1940, the fund has duly caused
this Amendment to its Registration Statement to be signed on its
behalf by the undersigned, duly authorized, in the City of
Boston, and The Commonwealth of Massachusetts, on the 28th day of
October, 1998.
PUTNAM FUNDS TRUST
By: Gordon H. Silver, Vice President
Pursuant to the requirements of the Securities Act of 1933,
this Amendment to the Registration Statement of Putnam Funds
Trust has been signed below by the following persons in the
capacities and on the dates indicated:
SIGNATURE TITLE
George Putnam President and Chairman of the
Board; Principal Executive
Officer; Trustee
John D. Hughes Senior Vice President;
Treasurer and Principal
Financial Officer
Paul G. Bucuvalas Assistant Treasurer and
Principal Accounting Officer
Jameson A. Baxter Trustee
Hans H. Estin Trustee
John A. Hill Trustee
Ronald J. Jackson Trustee
Paul L. Joskow Trustee
Elizabeth T. Kennan Trustee
Lawrence J. Lasser Trustee
John H. Mullin, III Trustee
Robert E. Patterson Trustee
Donald S. Perkins Trustee
William F. Pounds Trustee
George Putnam, III Trustee
A.J.C. Smith Trustee
W. Thomas Stephens Trustee
W. Nicholas Thorndike Trustee
By: Gordon H. Silver,
as Attorney-in-Fact
October 28, 1998
[/R]
