October 16, 2006 Securities and Exchange Commission 100 F Street, NE Washington, DC 20549 Re: Request for Withdrawal: Registrations on Form N-14 First Trust Exchange-Traded Fund CIK 0001329377 (Registration Nos. 333-136467 and 811-21774) (Registration Nos. 333-137063 and 811-21774) Ladies and Gentlemen: On behalf of the First Trust Value Line(R) Equity Allocation Index Fund and First Trust Value Line(R) Dividend Index Fund (together, the "Funds"), each a series of the First Trust Exchange-Traded Fund (the "Trust"), the Trust hereby requests the withdrawal of the following filings with the Securities Exchange Commission: o Pre-Effective Amendment No. 1 on Form N-14 filed on September 5, 2006, which related to First Trust Value Line(R) Dividend Index Fund (was filed under the incorrect 1933 Act No. 333-125751, and should have been filed under No. 333-137063; Accession No. 0000875626-06-001756) o Pre-Effective Amendment No. 2 on Form N-14 filed on September 27, 2006, which related to First Trust Value Line(R) Dividend Index Fund (was filed under the incorrect 1933 Act No. 333-125751, and should have been filed under No. 333-137063; Accession No. 0000875626-06-001870) o Pre-Effective Amendment No. 2 on Form N-14 filed on September 27, 2006, which related to First Trust Value Line(R) Equity Allocation Index Fund (was filed under the incorrect 1933 Act No. 333-125751, and should have been filed under No. 333-136467; Accession No. 0000875626-06-001871) This request for withdrawal is made pursuant to Rule 477 of Regulation C under the Securities Act of 1933. Sincerely, FIRST TRUST EXCHANGE-TRADED FUND By: /s/ W. Scott Jardine ----------------------------------- W. Scott Jardine, Secretary