SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 6)
GOLDEN TELECOM, INC.
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(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
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(Title of Class of Securities)
38122G107
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(CUSIP Number)
NAOMI KOBAYASHI
CAPITAL INTERNATIONAL GLOBAL EMERGING MARKETS
PRIVATE EQUITY FUND, L.P.
C/O CAPITAL INTERNATIONAL, INC.
11100 SANTA MONICA BOULEVARD
15TH FLOOR
LOS ANGELES, CALIFORNIA 90025
(310) 996-6000
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
JANUARY 17, 2006
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of ss. ss. 240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box. |_|
--------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAPITAL INTERNATIONAL GLOBAL EMERGING MARKETS PRIVATE
EQUITY FUND, L.P.
--------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|*
--------- ----------------------------------------------------------------------
3 SEC USE ONLY
--------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
--------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------- ------ ---------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,327,046*
SHARES
------ ---------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
NONE*
OWNED BY
------ ---------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
1,327,046*
PERSON
------ ---------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
NONE*
--------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,327,046*
--------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
--------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
--------- ----------------------------------------------------------------------
* See Items 5 and 6 below
--------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAPITAL INTERNATIONAL INVESTMENTS, LLC
--------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|*
--------- ----------------------------------------------------------------------
3 SEC USE ONLY
--------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
--------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------- ------- --------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,327,046*
SHARES
------- --------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
NONE*
OWNED BY
------- --------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
1,327,046*
PERSON
------- --------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
NONE*
--------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,327,046*
--------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
--------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO - LIMITED LIABILITY COMPANY
--------- ----------------------------------------------------------------------
* See Items 5 and 6 below
--------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAPITAL INTERNATIONAL, INC.
--------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|*
--------- ----------------------------------------------------------------------
3 SEC USE ONLY
--------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
--------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
--------------------- ------ ---------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,327,046*
SHARES
------ ---------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
NONE*
OWNED BY
------ ---------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
1,327,046*
PERSON
------ ---------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
NONE*
--------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,327,046*
--------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
--------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO; IA
--------- ----------------------------------------------------------------------
* See Items 5 and 6 below
--------- ----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CAPITAL GROUP INTERNATIONAL, INC.
--------- ----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|*
--------- ----------------------------------------------------------------------
3 SEC USE ONLY
--------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------- ----------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) |_|
--------- ----------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
------------------- ------ -----------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
1,327,046*
SHARES
------ -----------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
NONE*
OWNED BY
------ -----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
1,327,046*
PERSON
------ -----------------------------------------------------
10 SHARED DISPOSITIVE POWER
WITH
NONE*
--------- ----------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,327,046*
--------- ----------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* |_|
--------- ----------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
--------- ----------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC; CO
--------- ----------------------------------------------------------------------
* See Items 5 and 6 below
INTRODUCTORY STATEMENT
This Amendment No. 6 amends and supplements the Schedule 13D
originally filed on December 27, 1999 by Capital International Global
Emerging Markets Private Equity Fund, L.P. ("CIPEF"), Capital International
Investments, LLC ("Capital Investments"), Capital International, Inc.
("Capital International") and Capital Group International, Inc. ("CGII"
and, together with CIPEF, Capital Investments and Capital International,
the "Reporting Parties"), as amended by Amendment No. 1 on Schedule 13D/A
filed by the Reporting Parties on April 12, 2001, Amendment No. 2 on
Schedule 13D/A filed by the Reporting Parties on May 11, 2001, Amendment
No. 3 on Schedule 13D/A filed by the Reporting Parties on September 10,
2002, Amendment No. 4 on Schedule 13D/A filed by the Reporting Parties on
August 22, 2003, and Amendment No. 5 on Schedule 13D/A filed by the
Reporting Parties on September 20, 2005 with respect to the shares of
common stock, par value $.01 per share (the "Common Stock") held by CIPEF
in Golden Telecom Inc., a Delaware corporation ("Golden Telecom").
The address of the principal executive office of Golden Telecom is c/o
Representation Office Golden Teleservices, Inc., 1 Kozhevnichesky Proezd,
Moscow, Russia 115114.
ITEM 5. Interest in Securities of the Issuer
------------------------------------
Item 5(a) is hereby amended by deleting the first two paragraphs and
replacing them with the following:
(a)(i) As of November 8, 2005, as reported by Golden Telecom in its
Quarterly Report on Form 10-Q dated November 8, 2005, there were an
aggregate of 36,425,990 shares of Common Stock outstanding. As of the date
hereof, CIPEF beneficially owns 1,327,046 shares of Common Stock,
representing approximately 3.6% of the outstanding shares of Common Stock.
Due to their relationship with CIPEF (see Item 2), as of the date
hereof, Capital International, Capital Investments and CGII may be deemed
to beneficially own 1,327,046 shares of Common Stock. Based on an aggregate
of 36,425,990 outstanding shares of Common Stock, this represents
approximately 3.6% of the outstanding shares of Common Stock. Each of
Capital Investments, Capital International and CGII disclaims beneficial
ownership of all Common Stock beneficially owned by CIPEF.
Item 5(a) is further amended by deleting the fourth paragraph and
replacing it with the following:
Reference is made to such statements on Schedule 13D or Schedule 13G
as have been or may be filed with the Securities and Exchange Commission by
each of RTK, Alfa Telecom, Telenor, Cavendish and First NIS Fund for
information regarding such entities, their respective beneficial ownership
of shares of Common Stock and any changes to such respective beneficial
ownership of shares of Common Stock. To the best of the Reporting Parties'
knowledge, each of RTK, Alfa Telecom, Telenor, Cavendish, and First NIS
Fund, respectively, may be deemed to beneficially own the following numbers
and percentages of the outstanding shares of Common Stock, in each case as
reported in Golden Telecom's 2005 Proxy Statement, as filed with the
Securities and Exchange Commission on April 28, 2005: RTK - 4,024,067
(11.0%); Alfa Telecom - 10,731,707 (29.5%); Telenor - 7,369,972 (20.2%);
Cavendish - 1,803,212 (4.9%); and First NIS Fund - 706,463 (1.9%). To the
best of the Reporting Parties' knowledge, as of the date hereof, RTK, Alfa
Telecom, Telenor, Cavendish, First NIS Fund and CIPEF, in the aggregate,
but not individually, may be deemed to beneficially own 25,962,467 shares
of Common Stock (71.3%). Each of the Reporting Parties disclaims beneficial
ownership of all shares of Common Stock beneficially owned by RTK, Alfa
Telecom, Telenor, Cavendish and First NIS Fund, and the filing of this
Statement shall not be construed as an admission that any of the Reporting
Parties or any other person named in Item 2 hereof forms a "group" with (as
such term is used in Section 13(d)(3) of the Securities Exchange Act of
1934 and Rule 13d-5 under such Act), or is the beneficial owner of any
shares of Common Stock beneficially owned by, RTK, Alfa Telecom, Telenor,
Cavendish or First NIS Fund.
Item 5(b) is hereby amended by deleting the entire text therein and
replacing it with the following:
(b) CIPEF may be deemed to have sole power to vote or direct the
voting of, and to dispose or direct the disposition of, the 1,327,046
shares of Common Stock beneficially owned by CIPEF. As noted above, each of
Capital International, Capital Investments and CGII disclaims beneficial
ownership of all shares beneficially owned by CIPEF.
Under the Successor Shareholders Agreement, CIPEF agreed to take all
action (including without limitation the voting of shares, the execution of
written consents, the calling of special meetings, the removal of
directors, the filling of vacancies on the Board of Directors, the waiving
of notice and attendance at meetings, the amendment of Golden Telecom's
by-laws and the like) necessary from time to time to maintain the
composition of the Board of Directors specified in Section 3 of the
Successor Shareholders Agreement in accordance with the terms of such
provisions, for a period that ended on December 1, 2005. As noted above,
each of the Reporting Parties disclaims beneficial ownership of all shares
of Common Stock beneficially owned by RTK, Alfa Telecom, Telenor, Cavendish
and First NIS Fund.
Item 5(c) is hereby amended by deleting the second paragraph and
replacing it with the following:
CIPEF sold the following shares of Common Stock within the last 60
days under a trading plan pursuant to Rule 10b5-1 under the Securities
Exchange Act of 1934 (see Item 6 for a description of the Sales Plan).
DATE NO. OF SHARES PRICE PER SHARE
---- ------------- ---------------
12/09/2005 13,700 $28
12/12/2005 19,005 $28
12/14/2005 3,300 $28
01/11/2006 200 $28.04
01/11/2006 100 $28.02
01/11/2006 5,100 $28
01/12/2006 202 $28.35
01/12/2006 5 $28.34
01/12/2006 300 $28.33
01/12/2006 500 $28.32
01/12/2006 300 $28.31
01/12/2006 400 $28.3
01/12/2006 3,091 $28.07
01/12/2006 704 $28.06
01/12/2006 900 $28.05
01/12/2006 9,402 $28.04
01/12/2006 5,300 $28.03
01/12/2006 2,650 $28.02
01/12/2006 5,200 $28.01
01/12/2006 103,746 $28
01/13/2006 500 $28.3
01/13/2006 900 $28.29
01/13/2006 200 $28.22
01/13/2006 1,060 $28.21
01/13/2006 5,000 $28.19
01/13/2006 4,900 $28.17
01/13/2006 13,900 $28.15
01/13/2006 100 $28.12
01/13/2006 800 $28.1
01/13/2006 1,308 $28.09
01/13/2006 1,992 $28.08
01/13/2006 1,300 $28.07
01/13/2006 200 $28.06
01/13/2006 200 $28.05
01/13/2006 269 $28.04
01/13/2006 300 $28.03
01/13/2006 400 $28.02
01/13/2006 2,000 $28.01
01/13/2006 26,571 $28
01/17/2006 1,088 $28.7
01/17/2006 100 $28.66
01/17/2006 3,626 $28.65
01/17/2006 300 $28.64
01/17/2006 200 $28.62
01/17/2006 200 $28.61
01/17/2006 3,130 $28.6
01/17/2006 100 $28.56
01/17/2006 6,809 $28.55
01/17/2006 600 $28.54
01/17/2006 6,200 $28.53
01/17/2006 20,600 $28.52
01/17/2006 6,570 $28.51
01/17/2006 24,220 $28.5
01/17/2006 200 $28.49
01/17/2006 300 $28.48
01/17/2006 677 $28.47
01/17/2006 500 $28.46
01/17/2006 1,200 $28.45
01/17/2006 100 $28.41
01/17/2006 700 $28.4
01/18/2006 73 $28.57
01/18/2006 4,824 $28.55
01/18/2006 1,300 $28.52
01/18/2006 11,100 $28.51
01/18/2006 24,286 $28.50
01/18/2006 2,917 $28.45
01/18/2006 1,600 $28.43
01/18/2006 499 $28.42
01/18/2006 101 $28.41
01/18/2006 400 $28.40
01/18/2006 200 $28.38
01/18/2006 100 $28.31
01/18/2006 100 $28.30
01/18/2006 80 $28.28
ITEM 6. Contracts, Arrangements, Understandings or Relationships With
-------------------------------------------------------------
Respect to Securities of the Issuer
-----------------------------------
Item 6 is hereby further amended by adding the following paragraph (f)
after existing paragraph (e).
(f) The Sales Plan was amended on November 21, 2005, to extend its
term until February 28, 2006 and to permit CIPEF to sell up to an
additional 500,000 shares.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Dated: January 24, 2006
CAPITAL GROUP INTERNATIONAL, INC.
By: /s/ Peter C. Kelly
-------------------------------------
Name: Peter C. Kelly
Title: Secretary
CAPITAL INTERNATIONAL, INC.
By: /s/ Mark E. Brubaker
-------------------------------------
Name: Mark E. Brubaker
Title: Vice President
CAPITAL INTERNATIONAL INVESTMENTS, LLC
By: Capital International, Inc.
Its: Managing Member
By: /s/ Mark E. Brubaker
-------------------------------------
Name: Mark E. Brubaker
Title: Vice President
CAPITAL INTERNATIONAL GLOBAL EMERGING
MARKETS PRIVATE EQUITY FUND, L.P.
By: Capital International Investments, LLC
Its: General Partner
By: Capital International, Inc.
Its: Managing Member
By: /s/ Mark E. Brubaker
-------------------------------------
Name: Mark E. Brubaker
Title: Vice President
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Subscription Agreement*
99.2 Shareholders and Registration Rights Agreement*
99.3 Share Purchase Agreement, dated April 2, 2001, among Global
TeleSystems, Inc., a Delaware corporation, Alfa Bank
Holdings Limited, a company incorporated in the British
Virgin Islands, Capital International Global Emerging
Markets Private Equity Fund, L.P., a Delaware limited
partnership, Cavendish Nominees Limited, a limited liability
company organized and registered under the laws of Guernsey,
and First NIS Regional Fund SICAV, a private institutional
fund organized and registered under the laws of Luxembourg**
99.4 Stock Option Agreement, dated as of May 11, 2001, between
Capital International Global Emerging Markets Private Equity
Fund, L.P. and Global TeleSystems Europe Holdings B.V.****
99.5 Standstill Agreement, dated as of March 31, 2001***
99.6 Amendment, dated as of May 11, 2001, to Shareholders and
Registration Rights Agreement****
99.7 Shareholders Agreement dated as of May 11, 2001****
99.8 Agreement among Reporting Parties in respect of Schedule 13D
Filing***
99.9 Shareholders Agreement, dated as of September 5, 2002*****
99.10 Standstill Agreement, dated as of September 5, 2002*****
99.11 Shareholders Agreement, dated as of August 19, 2003******
99.12 Standstill Agreement, dated as of August 19, 2003******
99.13 Registration Rights Agreement, dated as of August 19,
2003******
* Incorporated by reference to the Schedule 13D of the Reporting
Parties dated December 27, 1999 (EDGAR Accession No.
0000895345-99-000575).
** Incorporated by reference to the Schedule 13D of Global
TeleSystems, Inc., dated April 5, 2001(EDGAR Accession No.
0000950129-01-001961).
*** Incorporated by reference to the amended Schedule 13D/A of the
Reporting Parties dated April 12, 2001 (EDGAR Accession No.
0000895345-01-500046).
**** Incorporated by reference to the amended Schedule 13D/A of the
Reporting Parties dated May 22, 2001 (EDGAR Accession No.
0000895345-01-500175).
***** Incorporated by reference to the amended Schedule 13D/A of the
Reporting Parties dated September 10, 2002 (EDGAR Accession No.
0000895345-02-000493).
****** Incorporated by reference to the amended Schedule 13D/A of the
Reporting Parties dated August 22, 2003 (EDGAR Accession No.
0000895345-03-000570).
SCHEDULE I
DIRECTORS AND EXECUTIVE OFFICERS OF
CAPITAL INTERNATIONAL, INC.,
CAPITAL GROUP INTERNATIONAL, INC. AND
CAPITAL INTERNATIONAL INVESTMENTS, LLC
The name, present principal occupation or employment, the
business address and citizenship for each director and executive officer of
Capital International, Inc. ("Capital International"), Capital Group
International, Inc. ("CGII") and Capital International Investments, LLC
("Capital Investments") is set forth below.
Present Principal Occupation or
-------------------------------
Name and Business Employment Business Address Citizenship
------------------ ----------- ----------------- -----------
Capital International
---------------------
Walter P. Stern Senior Management 630 5th Avenue, 36th Fl U.S.A.
New York, New York 10111-0121
David I. Fisher Portfolio Manager 11100 Santa Monica Boulevard, U.S.A.
15th Floor
Los Angeles, CA 90025-3384
Shaw B. Wagener Portfolio Manager 333 S. Hope Street U.S.A.
Los Angeles, CA 90071-1406
Philip de Toledo Principal Financial Officer 11100 Santa Monica Boulevard, U.S.A.
15th Floor
Los Angeles, CA 90025-3384
Koenraad C. A. Foulon Portfolio Manager 40 Grosvenor Place Belgium
London, England SW1X 7GG
Peter C. Kelly Attorney 11100 Santa Monica Boulevard, U.S.A.
15th Floor
Los Angeles, CA 90025-3384
Victor D. Kohn Portfolio Manager 11100 Santa Monica Boulevard, Chile
15th Floor
Los Angeles, CA 90025-3384
Lam Nguyen-Phuong Private Equity Research Director 1 Raffles Place U.S.A.
#24-00 OUB Centre
Singapore 0104
Carl Kawaja Portfolio Manager One Market, Steuart Tower Canada
Suite 1800
San Francisco, CA 94105-1409
Mike Felix Accounting & Operations 135 South State College Blvd. U.S.A.
Brea, CA 92821-5823
CGII
----
David I. Fisher Portfolio Manager 11100 Santa Monica Boulevard, U.S.A.
15th Floor
Los Angeles, CA 90025-3384
Philip de Toledo Principal Financial Officer 11100 Santa Monica Boulevard, U.S.A.
15th Floor
Los Angeles, CA 90025-3384
Walter P. Stern Senior Management 630 5th Avenue, 36th Fl U.S.A.
New York, New York 10111-0121
Antonio Vegezzi Senior Management 28, Boulevard du Pont D'Arve Switzerland
1205 Geneva, Switzerland
Nilly Sikorsky Portfolio Manager 3 Place des Bergues Switzerland
1201 Geneva, Switzerland
Robert Ronus Senior Management 333 South Hope Street U.S.A.
Los Angeles, CA 90071-1447
Shaw B. Wagener Portfolio Manager 333 S. Hope Street U.S.A.
Los Angeles, CA 90071-1406
Peter C. Kelly Attorney 11100 Santa Monica Boulevard, U.S.A.
15th Floor
Los Angeles, CA 90025-3384
Michael D. Beckman Senior Business Manager 333 S. Hope Street U.S.A.
Los Angeles, CA 90071-1406
Capital Investments
-------------------
Koenraad C. A. Foulon Portfolio Manager 40 Grosvenor Place Belgium
London, England SW1X 7GG