April 30, 2004

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Re: Smith Barney Potomac Futures Fund L.P.

Commissioners:

We have read the statements made by Citigroup  Managed Futures (copy  attached),
which we understand  will be filed with the  Commission,  pursuant to Item 14 of
Form 10, as part of the Fund's Form 10 dated April 30,  2004.  We agree with the
statements concerning our Firm in such Form 10.

Very truly yours,

/s/PricewaterhouseCoopersLLP
   PricewaterhouseCoopers LLP