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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NBNTgj57TUGTsXAmVrImqfQsN2hQgZSddy52yk7KTAi4lZA2fBri88E2N82V2Z0y
 NXdisVrGDM3fg10M4l2rjQ==

<SEC-DOCUMENT>0001181431-08-022366.txt : 20080401
<SEC-HEADER>0001181431-08-022366.hdr.sgml : 20080401
<ACCEPTANCE-DATETIME>20080401160016
ACCESSION NUMBER:		0001181431-08-022366
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080328
FILED AS OF DATE:		20080401
DATE AS OF CHANGE:		20080401

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WORLD MONITOR TRUST II SERIES E
		CENTRAL INDEX KEY:			0001090701
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		C/O PREFERRED INVESTMENT SOLUTIONS CORP.
		STREET 2:		900 KING STREET, SUITE 100
		CITY:			RYE BROOK
		STATE:			NY
		ZIP:			10573
		BUSINESS PHONE:		914-307-7000

	MAIL ADDRESS:	
		STREET 1:		C/O PREFERRED INVESTMENT SOLUTIONS CORP.
		STREET 2:		900 KING STREET, SUITE 100
		CITY:			RYE BROOK
		STATE:			NY
		ZIP:			10573

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Goodman Esther E.
		CENTRAL INDEX KEY:			0001329322

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-32687
		FILM NUMBER:		08729419

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		914-307-7000

	MAIL ADDRESS:	
		STREET 1:		C/O PREFERRED INVESTMENT SOLUTIONS CORP.
		STREET 2:		900 KING STREET
		CITY:			RYE BROOK
		STATE:			NY
		ZIP:			10573
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd201746.xml
<DESCRIPTION>EEG WMTE MARCH 2008
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-03-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001090701</issuerCik>
        <issuerName>WORLD MONITOR TRUST II SERIES E</issuerName>
        <issuerTradingSymbol>NONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001329322</rptOwnerCik>
            <rptOwnerName>Goodman Esther E.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PREFERRED INVESTMENT SOLUTIONS CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>900 KING STREET</rptOwnerStreet2>
            <rptOwnerCity>RYE BROOK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10573</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr. Exec. Vice Pres. and COO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Units of beneficial interest</value>
            </securityTitle>
            <transactionDate>
                <value>2008-03-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>46</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>198.3707</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>991</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Spouse</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The price indicated is an estimate. The actual price will be based upon the actual NAV per unit which will not be available until fifteen (15) business days following the end of the previous month.</footnote>
        <footnote id="F2">The units of beneficial interest are held through Preferred Investment Solutions Corp. in which the Reporting Person's spouse has an ownership interest.  In accordance with Instruction 4(b)(iv) of Form 4, the Reporting Person is reporting the entire amount but disclaims beneficial ownership over such securities for the purposes of Section 16 of the Exchange Act, except to the extent of her pecuniary interest therein.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Esther E. Goodman</signatureName>
        <signatureDate>2008-04-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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