May 8, 1997
TO: ACCOUNTING/TREASURERS COMMITTEE No. 12-97
RE: SUMMARY OF EMERGING MARKETS ROUNDTABLE -- APRIL 23, 1997
______________________________________________________________________________
Enclosed please find the summary of the Emerging Markets Roundtable discussion that
took place on April 23, 1997. Please note that the information contained in these summaries
was provided by the call participants and has not been verified by the ICI. This information
should not be relied upon as fact.
Questions concerning these summaries or the activities of the Securities Operations
Subcommittee may be directed to me at 202/326-5847.
Diane M. Butler
Director - Operations
& Fund Custody
Enclosure