Exhibit (a) (14)

                     THIS CONCERNS YOUR EXISTING INVESTMENT
                                       IN
               PUTNAM CALIFORNIA INVESTMENT GRADE MUNICIPAL TRUST
                               (AMEX TICKER: PCA)
            THE INVESTMENT YOU MADE IN PCA MAY CHANGE DRAMATICALLY!!

BY NOW, YOU SHOULD HAVE RECEIVED A PACKAGE OF INFORMATION  CONCERNING OUR TENDER
OFFER TO  PURCHASE  ALL OF THE  SHARES OF PCA.  YOU  SHOULD  CONSIDER  OUR OFFER
IMMEDIATELY.

THESE ARE THE KEY REASONS WE BELIEVE YOU SHOULD ACT ON OUR OFFER:

     1.   PCA'S TRUSTEES PROPOSE TO "OPEN-END" AND MERGE YOUR SHARES OF PCA INTO
          PUTNAM  CALIFORNIA  TAX EXEMPT  INCOME FUND.  THIS WILL RESULT IN YOUR
          ASSETS  BEING  PLACED  IN  A  FUND  WHICH  PERFORMED  WORSE  THAN  ITS
          APPLICABLE  BENCHMARK INDEX FOR 6 OUT OF THE PAST 7 CALENDAR YEARS AND
          UNDERPERFORMED  PCA FOR 5 OF THE LAST 7 YEARS! A PROPOSAL TO MERGE OUR
          SHARES INTO A WORSE-PERFORMING FUND IS NOT IN OUR BEST INTEREST.

     2.   IF WE ARE  SUCCESSFUL IN ACQUIRING A MAJORITY OF PCA'S COMMON  SHARES,
          WE WILL PROPOSE  CHANGES  INCLUDING  REPLACING THE CURRENT  INVESTMENT
          ADVISER AND CHANGING  PCA'S  INVESTMENT  OBJECTIVES,  AS WELL AS OTHER
          CHANGES  THAT  WILL  RESULT  IN  PCA  BEING  FAR  DIFFERENT  THAN  THE
          INVESTMENT YOU BOUGHT.

     3.   IF SHAREHOLDERS APPROVE THESE CHANGES, PCA WILL NO LONGER BE AN INCOME
          FUND. IT WILL LIQUIDATE ITS ENTIRE  PORTFOLIO OF CALIFORNIA  MUNICIPAL
          BONDS  AND ANY  INCOME  WILL NO  LONGER BE  EXEMPT  FROM  FEDERAL  AND
          CALIFORNIA INCOME TAX.

IF YOU DON'T WANT TO BE PART OF THIS NEW  DIRECTION,  OUR TENDER OFFER GIVES YOU
AN OPPORTUNITY TO SELL YOUR SHARES AT A FAIR PRICE.

                     ACT NOW WHILE YOU HAVE THE OPPORTUNITY
                     THE OFFER EXPIRES ON FEBRUARY 16, 2007

If you have not received your materials or if you need further information,  you
may contact our Information Agent:

                               Morrow & Co., Inc.
                                 (800) 607-0088

The Mildred Horejsi Trust
February 8, 2007