A#

5671

P&S #:

5241

   

DATE:

August 29, 2003

   

TO:

ALL PARTICIPANTS

   

ATTENTION:

Managing Partner/Officer; P&S Manager; Cashier Data Processing Manager; Fund/SERV Participants

   

FROM:

Bruce Hin
   
SUBJECT: Archival Microfiche Service Elimination

NSCC currently provides an Archival Microfiche service that provides those participants who subscribe to this service with microfiche copies of various NSCC output reports. These output reports are currently available to all participants through direct transmission (CPU-CPU), PCWeb Direct and Art mail.

In order to increase efficiencies and decrease overall expenses to our participants, NSCC will be eliminating the Archival Microfiche service. The Archival Microfiche Service will be eliminated effective October 31, 2003.

Should you have any questions or concerns, please contact your relationship manager or the undersigned at 212-855-1692.

Bruce Hin
Vice President