We investigate the persistent current influenced by the spin fluctuations in
a mesoscopic ring weakly coupled to a quantum dot. It is shown that the Kondo
effect gives rise to some unusual features of the persistent current in the
limit where the charge transfer between two subsystems is suppressed. Various
aspects of the crossover from a delocalized to a localized dot limit are
discussed in relation with the effect of the coherent response of the Kondo
cloud to the Aharonov-Bohm flux.Comment: 4 pages, 2 figure