497 1 cig1.txt PUTNAM CONVERTIBLE INCOME-GROWTH TRUST Prospectus Supplement 213971 4/04 dated April 26, 2004 to: ----------------------------------------------------------------------- PUTNAM CONVERTIBLE INCOME-GROWTH TRUST Prospectuses dated February 29, 2004 The third paragraph and table under the heading "Who manages the fund?" are replaced with the following: The following team members coordinate the team's management of the fund's portfolio. Their experience as investment professionals over at least the last five years is shown. Portfolio leader Since Experience ----------------------------------------------------------------------- David L. King 2002 1983-Present Putnam Management ----------------------------------------------------------------------- Portfolio member Since Experience ----------------------------------------------------------------------- George P. Maris 2004 1999-Present Putnam Management -----------------------------------------------------------------------