Wake Arduino with Wake on Lan Packet - ENC28J60 WOL

I have a computer with no WOL functionality which I would like to add with an Arduino powering on the system via the power switch.
Ideally, I would prefer for the Arduino to sleep until woken by a magic packet via the enc28j60 which has a wake on lan pin.

Is that how the wol pin works on the enc28j60?
How can it be configured?

http://www.microchip.com/forums/m649543.aspx

The ENC28J60 doesn't have a WOL pin, and hasn't since shortly after product release years ago. It now has a Do Not Connect (DNC) pin instead of WOL.