EX-99

Certifications

I, Charles E. Porter, a principal financial officer of the funds
listed on Attachment A, certify that:
1. I have reviewed each report on Form N-SAR for the funds
listed on Attachment A:
2. Based on my knowledge, each report does not contain any
untrue statements of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by each report;
3. Based on my knowledge, the financial information included in
each report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrants as of,
and for, the periods presented in each report;
4. Each registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrants and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrants, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
each report  are being prepared;
b) evaluated the effectiveness of  each registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of  each report (the "Evaluation Date"); and
c) presented in  each report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluations as of the Evaluation Date;
5.  Each registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to each
registrants auditors and the audit committee of each registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect  each registrants
ability to record, process, summarize, and report financial data
and have identified for  each registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in  each
registrants internal controls; and



6.  Each registrants other certifying officers and I have
indicated in each report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date:  December 19, 2002
/s/Charles E. Porter
Charles E. Porter
Treasurer and Executive Vice President

Certifications

I, Karnig H. Durgarian, a principal executive officer of the
funds listed on Attachment A, certify that:
1. I have reviewed each report on Form N-SAR for the funds
listed on Attachment A:
2. Based on my knowledge, each report does not contain any
untrue statements of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by each report;
3. Based on my knowledge, the financial information included in
each report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrants as of,
and for, the periods presented in each report;
4. Each registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrants and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrants, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
each report  are being prepared;
b) evaluated the effectiveness of  each registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of  each report (the "Evaluation Date"); and
c) presented in  each report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluations as of the Evaluation Date;
5.  Each registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to each
registrants auditors and the audit committee of each registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect  each registrants
ability to record, process, summarize, and report financial data
and have identified for  each registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in  each
registrants internal controls; and



6.  Each registrants other certifying officers and I have
indicated in each report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date:  December 19, 2002
/s/Karnig H. Durgarian
Karnig H. Durgarian
Principal Executive Officer


Certifications

I, Steven D. Krichmar, a principal financial officer of the
funds listed on Attachment A, certify that:
1. I have reviewed each report on Form N-SAR for the funds
listed on Attachment A:
2. Based on my knowledge, each report does not contain any
untrue statements of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not
misleading with respect to the period covered by each report;
3. Based on my knowledge, the financial information included in
each report, and the financial statements on which the financial
information is based, fairly present in all material respects
the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrants as of,
and for, the periods presented in each report;
4. Each registrants other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in rule 30a-2(c) under the Investment
Company Act) for the registrants and have:
a) designed such disclosure controls and procedures to ensure
that material information relating to the registrants, including
its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which
each report  are being prepared;
b) evaluated the effectiveness of  each registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of  each report (the "Evaluation Date"); and
c) presented in  each report our conclusions about the
effectiveness of the disclosure controls and procedures based on
our evaluations as of the Evaluation Date;
5.  Each registrants other certifying officers and I have
disclosed, based on our most recent evaluation, to each
registrants auditors and the audit committee of each registrants
board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of
internal controls which could adversely affect  each registrants
ability to record, process, summarize, and report financial data
and have identified for  each registrants auditors any material
weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management
or other employees who have a significant role in  each
registrants internal controls; and



6.  Each registrants other certifying officers and I have
indicated in each report whether or not there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of
our most recent evaluation, including any corrective actions
with regard to significant deficiencies and material weaknesses.


Date:  December 19, 2002
/s/Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer

Attachment A





 The Putnam Fund for Growth & Income
 Putnam Income Fund
 Putnam Global Equity Fund
 Putnam Convertible Income-Growth Fund
 Putnam Global Income Trust
 Putnam Managed Municipal Income Trust
 Putnam Master Income Trust
 Putnam Tax Smart Equity Fund
 Putnam Utilities Growth & Income Fund
 Putnam Municipal Bond Fund
 Putnam California Investment Grade Municipal Trust
 Putnam New York Investment Grade Municipal Trust
 Putnam Growth fund
 Putnam Capital Opportunities Fund
 Putnam Mid Cap Value Fund
 Putnam Municipal Opportunities Trust
 Putnam Balanced Retirement  Fund

EX-99

Attachment A





 The Putnam Fund for Growth & Income
 Putnam Income Fund
 Putnam Global Equity Fund
 Putnam Convertible Income-Growth Fund
 Putnam Global Income Trust
 Putnam Managed Municipal Income Trust
 Putnam Master Income Trust
 Putnam Tax Smart Equity Fund
 Putnam Utilities Growth & Income Fund
 Putnam Municipal Bond Fund
 Putnam California Investment Grade Municipal Trust
 Putnam New York Investment Grade Municipal Trust
 Putnam Growth fund
 Putnam Capital Opportunities Fund
 Putnam Mid Cap Value Fund
 Putnam Municipal Opportunities Trust
 Putnam Balanced Retirement  Fund

EX-99

Note 5
New accounting pronouncement

As required, the fund has adopted the provisions of the AICPA
Audit and Accounting Guide, Audits of Investment Companies.  This
Guide requires that the fund amortize premiums and accrete
discounts on all fixed-income securities, and classify as
interest income gains and losses realized on paydowns on
mortgage-backed securities.  Prior to November 1, 2001, the fund
did not amortize premiums for certain fixed-income securities and
characterized as realized gains and losses paydowns on mortgage-
backed securities.  Adopting these accounting principles did not
affect the fund net asset value, but did change the
classification of certain amounts between interest income and
realized and unrealized gain/loss in the Statement of operations.
The adoption of this principle for the year ended October 31,
2002 was to decrease net investment income by $1,044,496,
increase net unrealized appreciation by $806,485 and to decrease
net realized losses by $238,011.  The Statement of changes in net
assets and Financial highlights for prior periods have not been
restated to reflect this change in presentation.

EX-99

008 attachment.
10/31/02 Annual.

Because the electronic format for filing Form N-SAR does not
provide adequate space for responding to certain items
correctly, the correct answers are as follows:


72DD1	(000s omitted)

Class A		29,019
Class B		5,059
Class C		189

72DD2	(000s omitted)

Class M		346
Class Y		2,166

73A1

Class A		0.622
Class B		0.519
Class C		0.520

73A2

Class M		0.552
Class Y		0.657

74U1	(000s omitted)

Class A		43,996
Class B		8,757
Class C		326

74U2  (000s omitted)

Class M		561
Class Y		2,995

74V1

Class A		12.32
Class B		12.14
Class C		12.27

74V2

Class M		12.24
Class Y		12.32

EX-99

The Board of Trustees and Shareholders
Putnam Convertible Income-Growth Trust

In planning and performing our audit of the financial statements of
Putnam Convertible Income-Growth Trust, for the year ended October
31, 2002, we considered its internal control, including control
activities for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of
Form N-SAR, not to provide assurance on internal control.

The management of Putnam Convertible Income-Growth Trust is
responsible for establishing and maintaining internal control.  In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related
costs of controls. Generally, controls that are relevant to an
audit pertain to the entitys objective of preparing financial
statements for external purposes that are fairly presented in
conformity with accounting principles generally accepted in the
United States of America.  Those controls include the safeguarding
of assets against unauthorized acquisition, use, or disposition.

Because of inherent limitations in internal control, error or fraud
may occur and not be detected.  Also, projection of any evaluation
of internal control to future periods is subject to the risk that
it may become inadequate because of changes in conditions or that
the effectiveness of the design and operation may deteriorate.

Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American Institute of
Certified Public Accountants.  A material weakness is a condition
in which the design or operation of one or more of the internal
control components does not reduce to a relatively low level the
risk that misstatements caused by error or fraud in amounts that
would be material in relation to the financial statements being
audited may occur and not be detected within a timely period by
employees in the normal course of performing their assigned
functions.  However, we noted no matters involving internal control
and its operation, including controls for safeguarding securities,
which we consider to be material weaknesses as defined above as of
October 31, 2002.

This report is intended solely for the information and use of
management and the Board of Trustees of the Putnam Convertible
Income-Growth Trust and the Securities and Exchange Commission and
is not intended to be and should not be used by anyone other than
these specified parties.

KPMG
Boston, Massachusetts
December 6, 2002