ARTHUR ANDERSEN April 17, 2001 ARTHUR ANDERSON LLP Office of the Chief Accountant Suite 1300 Securities and Exchange Commission 711 Louisiana Street 450 Fifth Street, N.W. Houston TX 77002-2786 Washington, D.C. 20549 Tel 713 237-2323 Fax 713 237-2780 Dear Sir/Madam: We have read paragraph (a) of Item 4 included in the Form. 8-K. dated April 17, 2001 of IDM Participating Income Company - II to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/ Arthur Andersen LLP cc: Mr. Richard Meehan, President, NewPic GP Corporation