A 4826 - September 4, 1998
P&S 4390

TO: ALL PARTICIPANTS

ATTENTION:  MANAGER, PURCHASES AND SALES DEPARTMENT; CASHIER; FUND/SERV PARTICIPANTS; ACATS PARTICIPANTS

SUBJECT: CHANGES IN THE LIST OF PARTICIPANTS

• Please be advised of the following change: Salomon Brothers (#0274) will continue to participate in the Corporate and Municipal Bond Comparison systems, RECAPS, and Envelope Settlement Services as a division of Salomon Smith Barney Inc. as detailed below:

Effective September 1, 1998:
Salomon Smith Barney Inc./Salomon Brothers No. 0274
Municipal Bond Symbol: SALB
Envelope Settlement Location: Y (New York)

REMINDER

• The following firm will change its name as detailed below:

Effective September 1, 1998:
From: BancAmerica Robertson Stephens - Account #2 No. 5235
OTC Alpha Identifier: BASI
To: BancAmerica Securities, Inc. No. 5235
OTC Alpha Identifier: BASI

• The following firm will retire from all services as detailed below:

Last Trade Date August 31, 1998:
BancAmerica Robertson Stephens No. 0755
Note: All open contracts which are to be cleared or settled or delivered through or by National Securities Clearing Corporation have been assumed by BancBoston Securities Inc. Inquiries should be directed to Mr. Jim Anderson (415) 676-2678.

• An additional number has been assigned to BancBoston Securities, Inc. (#0222) for the purpose of utilizing the Listed, OTC, Municipal and Corporate Bond Comparison systems, Fund/Serv system, ACATS, RECAPS and Envelope Settlement Services as detailed below:

First Trade Date, September 1, 1998:
BancBoston Robertson Stephens No. 0755
Listed Alpha Identifier: RSC
OTC & Municipal Alpha Identifier: RSSF
Envelope Receive Location: Y (New York)
Networking Code: YE
Contact: Jim Anderson
Phone: (415) 676-2678

• The following firm will change its name as detailed below:

Effective Immediately:
From: BancBoston Securities Inc. No. 0222
To: BancBoston Robertson Stephens Inc. No. 0222

• The following firm will retire from all services as detailed below:

Last Trade Date, September 8, 1998:
BT Alex Brown Incorporated - Fixed Income - NY No. 6729
Note: We have been informed by BT Alex Brown, (#0573) that all outstanding trades of #6729 will be transferred to the primary account (#0573). Effective trade date September 9, 1998 business formerly processed through #6729 will be processed through #0573, including BT Alex Brown's high yield bond business. Any questions should be directed to Josie Hall, (410) 308-6543 or Dawn Forbes (410) 308-6530.

• The following firm will retire from all services as detailed below:

Last Trade Date, August 25, 1998:
Midland Walwyn Capital Corp No. 0790
Listed Alpha Identifier: MID
OTC Alpha Identifier: MIDD

• The following member of the Depository Trust Company will begin participation in the NSCC/DTC Fund/Serv interface as detailed below:

First Trade Date September 1, 1998:
SEI Trust Company No. 2039
Contact: Gina Romano
Phone: (610) 676-2862

• The following firms will retire from all services as detailed below:

Last Trade Date, September 4, 1998:
AIM Distributors, Inc./GT Global No. 5521
Franklin Templeton Distributors, Inc. No. 5507

• An additional number has been assigned to UAM Fund Distributors, Inc. (#4871) for the purpose of using the Fund/Serv and Networking systems as detailed below:

First Trade Date September 3, 1998:
UAM Fund Distributors, Inc./Conversion Fund No. 5464
Networking Code: Y9
Contact: Charles Berthelette
Phone: (617) 542-5440

• The following firm will retire from ACATS as detailed below:

Effective Immediately:
Cantor, (S.B.) & Co., Inc. No. 0121

• The following firm will begin participation in Fund/Serv's Commission Settlement system as detailed below:

First Trade Date September 3, 1998:
First Dominion/ Monument Fund No. 5449

• An additional number has been assigned to First Data Distributors, Inc., #4857 for the purpose of using the Fund/Serv and Networking system as detailed below:

First Trade Date September 8, 1998:
First Data Distributors, Inc./ World Wide Index Fund No. 5444
Networking Code V9
Contact: Frank Koudelka
Phone: (508) 871-3701

• Kindly update the OTC Executed-By List and the Municipal Bond Comparison Directory dated July 3, 1998 as detailed below:

• Kindly update the OTC Executed-By List as detailed below:

• Kindly update the Municipal Bond Comparison Directory dated July 3, 1998 as detailed below:

The following firms have remitted Executed Retirement Account Transfer Agreements during the week of September 4, 1998:
SG Cowen Securities Corp. - #5581

If you have any questions, please call William Reilly at (212) 412-8620 or Lisa Siebold at (212) 412-8591.

Jan Meola
Vice President, Membership