2000 SECURITIES LAW DEVELOPMENTS CONFERENCE SCHEDULED FOR DECEMBER 4-5, 2000 ? MARK YOUR CALENDAR

[12664] September 21, 2000 TO: ACCOUNTING/TREASURERS MEMBERS No. 24-00 BANK INVESTMENT MANAGEMENT MEMBERS No. 4-00 CLOSED-END INVESTMENT COMPANY MEMBERS No. 18-00 COMPLIANCE ADVISORY COMMITTEE No. 33-00 INVESTMENT ADVISER ASSOCIATE MEMBERS No. 32-00 INVESTMENT ADVISER MEMBERS No. 33-00 PRIMARY CONTACTS - MEMBER COMPLEX No. 62-00 SEC RULES MEMBERS No. 66-00 TRANSFER AGENT ADVISORY COMMITTEE No. 47-00 UNIT INVESTMENT TRUST MEMBERS No. 22-00 RE: 2000 SECURITIES LAW DEVELOPMENTS CONFERENCE SCHEDULED FOR DECEMBER 4-5, 2000 — MARK YOUR CALENDAR The Investment Company Institute has scheduled the 2000 Securities Law Developments Conference, sponsored by the ICI Education Foundation, for Monday and Tuesday, December 4-5, at the Renaissance Washington DC Hotel, 999 Ninth Street, NW, in Washington, DC. Representatives from the mutual fund industry, the U.S. Securities and Exchange Commission, NASD Regulation, Inc., and outside counsel will comprise the conference panels and will focus their discussions on current mutual fund regulatory issues including: Current Rulemaking; No-action Positions, Interpretations and Exemptive Applications; Corporate Governance; Compliance Issues; and NASD Issues. You will receive a preliminary program and registration information shortly. If you wish to make hotel reservations now, you may call the Renaissance Washington DC Hotel at 800-468-3571. To ensure the preferred room rate of $169/single or $194/double, please make your reservation no later than November 3, 2000, and be sure to mention that you will be participating in the Institute’s conference. Finally, please remember to mark your calendar for Monday and Tuesday, December 4th and 5th. Doretha VanSlyke Zornada Assistant Counsel