Memo #
16734

CONFERENCE CALL TO DISCUSS THE STATUS OF DIRECTED TRUSTEES UNDER ERISA SCHEDULED FOR WEDNESDAY, NOVEMBER 12

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[16734] November 5, 2003 TO: PENSION COMMITTEE No. 43-03 RE: CONFERENCE CALL TO DISCUSS THE STATUS OF DIRECTED TRUSTEES UNDER ERISA SCHEDULED FOR WEDNESDAY, NOVEMBER 12 A conference call has been scheduled for Wednesday, November 12, 2003 at 1:30 p.m. EST to discuss recent legal developments concerning the status of directed trustees under ERISA. We will discuss the impact of recent decisions in the Enron litigation and other cases, which have examined the responsibilities of retirement plan trustees that are subject to the direction of a named fiduciary under section 403(a)(1) of ERISA. If you would like to participate, please complete the attached response form and fax it to Brenda Turner at 202-326-5841 by Tuesday, November 11. As indicated on the response form, the call-in number is 1-888-769-8520, and the passcode is 40046. 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)

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