John -

I want to confirm that you received the literature on the UBS PaineWebber
Private Equity Fund III and the Tamarack Fund.  The Private Equity III
literature refers to a December 17 closing date; however, we have extended
that closing, so you may still be able to participate.  Have you reviewed
the material, yet?

Thanks,
> Michael Gapinski
> Account Vice President
> UBS PaineWebber, Inc.
> Corporate Employee Financial Services
> 713-654-0365
> 800-553-3119 x365
> Fax: 713-427-7539
> Cell: 281-435-0295
michael.gapinski@ubspw.com
 <<Michael Gapinski (E-mail).vcf>>

******************************************************
Notice Regarding Entry of Orders and Instructions:
Please do not transmit orders and/or instructions
regarding your UBSPaineWebber account(s) by e-mail.
Orders and/or instructions transmitted by e-mail will
not be accepted by UBSPaineWebber and UBSPaineWebber
will not be responsible for carrying out such orders
and/or instructions.

Notice Regarding Privacy and Confidentiality:
UBSPaineWebber reserves the right to monitor and
review the content of all e-mail communications sent 
and/or received by its employees.
 - Michael Gapinski (E-mail).vcf