Change in Independent Accountants
Based on the recommendation of the Audit Committee of the
fund, the Board of Trustees has determined not to retain
PricewaterhouseCoopers LLP as this funds' independent
accountant and voted to appoint KPMG LLP for the fund's
fiscal year August 31, 2000. During the two previous fiscal
years, PricewaterhouseCoopers LLP audit reports contained no
adverse opinion or disclaimer of opinion; nor were its
reports qualified or modified as to uncertainty, audit
scope, or accounting principle. Further, in connection with
its audits for the two previous fiscal years and through
July 24, 2000, there were no disagreements between the fund
and PricewaterhouseCoopers LLP on any matter of accounting
principles or practices, financial statement disclosure or
auditing scope or procedure, which if not resolved to the
satisfaction of PricewaterhouseCoopers LLP would have caused
it to make reference to the disagreements in its report on
the financial statements for such years.
