Dear Board of Directors:

This is just a reminder of the upcoming ISDA Board Meeting information
hosted by Mr. George James, Morgan Stanley.  Could you please reconfirm your
attendance.  Thank you.

Board of Directors Meeting
Tuesday, November 13, 2001
12:00 - 5:00 p.m.
Morgan Stanley
1585 Broadway - 40th Floor Board Room

For those who cannot attend in person, please note the call in information
below:
Int'l Dial  212 471 0013
US Dial  800 736 0013
Pass Code 30025