ICI EQUITY MARKETS CONFERENCE SCHEDULED FOR SEPTEMBER 25, 2002 - MARK YOUR CALENDAR

[14908] July 11, 2002 TO: ACCOUNTING/TREASURERS MEMBERS No. 17-02 CLOSED-END INVESTMENT COMPANY MEMBERS No. 24-02 COMPLIANCE ADVISORY COMMITTEE No. 49-02 EQUITY MARKETS ADVISORY COMMITTEE No. 15-02 INTERNATIONAL MEMBERS No. 18-02 INVESTMENT ADVISER MEMBERS No. 27-02 OPERATIONS MEMBERS No. 18-02 PRIMARY CONTACTS - MEMBER COMPLEX No. 53-02 SEC RULES MEMBERS No. 49-02 SMALL FUNDS MEMBERS No. 19-02 TRANSFER AGENT ADVISORY COMMITTEE No. 54-02 RE: ICI EQUITY MARKETS CONFERENCE SCHEDULED FOR SEPTEMBER 25, 2002 - MARK YOUR CALENDAR The Investment Company Institute will hold its annual Equity Markets Conference on Wednesday, September 25 at the New York Marriott Financial Center Hotel, 85 West Street, New York, NY. The Conference will feature panels covering a variety of equity market structure issues. Panel topics are expected to include: • Best Execution in the Current Market Environment • Commission-Based Trading in the Nasdaq Stock Market • Market Structure Changes on the New York Stock Exchange • Impact of New Exchange Models • Consolidation of ECNs • Implementation of Nasdaq SuperMontage • Academics’ Views on Securities Market Structure • New Regulatory Requirements You will receive a preliminary program, including registration information, shortly. In the meantime, if you have any questions, please contact me at 202-371-5408 and mark your calendar for Wednesday, September 25, 2002. Ari Burstein Associate Counsel