CONFERENCE CALL TO DISCUSS PART II OF PROHIBITED TRANSACTION EXEMPTION 75-1 SCHEDULED FOR MONDAY, NOVEMBER 3

[16702] October 27, 2003 TO: PENSION COMMITTEE No. 41-03 RE: CONFERENCE CALL TO DISCUSS PART II OF PROHIBITED TRANSACTION EXEMPTION 75-1 SCHEDULED FOR MONDAY, NOVEMBER 3 A conference call has been scheduled for Monday, November 3, 2003 at 2:00 p.m. EST to discuss Part II of ERISA Prohibited Transaction Exemption 75-1. This section of PTE 75-1 deals with principal transactions and specifically mentions the purchase and sale of securities issued by open-end investment companies. The Department of Labor currently is reviewing unrelated aspects of this exemption, and has asked the Institute to comment on the continued utility of this Part as it applies to mutual funds. If you would like to participate, please complete the attached response form and fax it to Brenda Turner at 202-326-5841 by Friday, October 31. As indicated on the response form, the call-in number is 1-888-829-8670, and the passcode is 75100. Please contact me at 202-371-5432 or kireland@ici.org if you have any questions about the call. Kathy D. Ireland Senior Associate Counsel Attachment (in .pdf format)