[Company Letterhead] January 29, 2001 Via EDGAR and Overnight Courier Securities and Exchange Commission 450 Fifth Street, N.W. Judiciary Plaza Washington, D.C. 20549-1004 Attn: James M. Daly Lisa Mitrovich Maria Gabriela Bianchini Michael Fay Re: XACCT Technologies Ltd. ----------------------- Registration Statement on Form S-1 Filed on March 28, 2000 File No. 333-33434 Ladies and Gentlemen: Pursuant to Rule 477 under the Securities Act of 1933, as amended, XACCT Technologies Ltd. (the "Company") requests the withdrawal of the Company's Registration Statement on Form S-1, file number 333-33434 (the "S-1 Registration Statement"). The Company has elected not to proceed with the offering due to general market conditions. No sales of the Company's voting ordinary shares have been or will be made pursuant to the S-1 Registration Statement. If you have any questions, please call John Sheridan or Anthony Kikuta of Wilson Sonsini Goodrich & Rosati at (650) 493-9300 or me. Very truly yours, /s/ Eric Gries Eric Gries Chief Executive Officer cc: John Sheridan, Esq. Anthony Kikuta, Esq.