Subject: File No. S7-06-04
From: JOSEPH F DILLMAN

March 1, 2004

After 54 years of financial planning selling I was looking forward to spending the rest of my career will be
80 in two months devoting my life servicing my clients whne they really need service mostly seniors suporting myself with the help of the 12b fees. Now I understand that I may have to find other work thus be unable to complete my semi-retirement plans with and for my clients when and if they take the 12b program away.

Removing 12b will be bad for me, more important bad for my clients in need of help. I doubt that this is the intent of those proposing the termination of 12b.

Joseph F. Dillman