On Tue, 2005-02-08 at 18:11 -0500, Tom Lane wrote:
> Vitaly Belman <vitalyb(at)gmail(dot)com> writes:
> > Doing an EXECUTE for a query which returns results still yields 'f'
> > for the FOUND variable.
>
> This is not a bug. Read the list of statements that update FOUND.
> EXECUTE is not one of them.
See also previous discussion on this topic:
http://archives.postgresql.org/pgsql-bugs/2004-10/msg00001.php
-Neil