Draft NRA Layout for Year-End Tax Reporting; Conference Call Scheduled for August 24, 2006

©2006 Investment Company Institute. All rights reserved. Information may be abridged and therefore incomplete. Communications from the Institute do not constitute, and should not be considered a substitute for, legal advice. [20300] August 17, 2006 TO: ACCOUNTING/TREASURERS COMMITTEE No. 11-06 BANK, TRUST AND RECORDKEEPING ADVISORY COMMITTEE No. 24-06 BROKER/DEALER ADVISORY COMMITTEE No. 33-06 CLOSED-END INVESTMENT COMPANY COMMITTEE No. 23-06 OPERATIONS COMMITTEE No. 21-06 TAX COMMITTEE No. 29-06 TRANSFER AGENT ADVISORY COMMITTEE No. 56-06 RE: DRAFT NRA LAYOUT FOR YEAR-END TAX REPORTING; CONFERENCE CALL SCHEDULED FOR AUGUST 24, 2006 A conference call has been scheduled to discuss nonresident alien (“NRA”) reporting layouts and instructions proposed to be used by mutual funds in connection with year-end tax reporting to brokers and others. I have attached two versions of the NRA Layout and related instructions. The first version of the NRA Layout, which was discussed during a conference call on July 28, 2006, includes 24 columns, the first thirteen of which are the same as Columns 1-13 on the Primary Layout. The second, shorter version of the NRA Layout does not duplicate certain columns from the Primary Layout. The conference call is scheduled for Thursday, August 24, 2006 at 2:00 p.m. (EDT). If you would like to participate in the call, please complete the attached response form and submit it to Ezella Wynn by fax (202-326-5841) or by e-mail (ewynn@ici.org) by close of business on Wednesday, August 23rd. To access the call, please dial 888-455-9644 and enter passcode 60392. Lisa Robinson Associate Counsel Attachment no. 1 (in .pdf format)