497 1 0001.txt PUTNAM INTERNATIONAL GROWTH FUND 64731 8/00 PROSPECTUS SUPPLEMENT dated September 11, 2000 to: -------------------------------------------------------------------------------- Putnam International Growth Fund (the "fund") Prospectus dated October 30, 1999 In the section entitled "Who manages the fund?" the second paragraph is replaced with the following: The following officers of Putnam Management have had primary responsibility for the day-to-day management of the fund's portfolio since the years shown below. Their experience as portfolio managers or investment analysts over at least the last five years is also shown. -------------------------------------------------------------------------------- Manager Since Experience -------------------------------------------------------------------------------- Omid Kamshad 1996 1996 -- Present Putnam Management Managing Director Prior to Jan. 1996 Lombard Odier International -------------------------------------------------------------------------------- Justin M. Scott 1991 1988 -- Present Putnam Management Managing Director -------------------------------------------------------------------------------- Paul C. Warren 1999 1997 -- Present Putnam Management Managing Director Prior to May 1997 IDS Fund Management -------------------------------------------------------------------------------- Joshua L. Byrne 2000 1993 -- Present Putnam Management Senior Vice President -------------------------------------------------------------------------------- Stephen Oler 2000 1997 -- Present Putnam Management Senior Vice President Prior to June 1997 Templeton Investments Prior to March 1996 Baring Asset Management Co. --------------------------------------------------------------------------------