Securities and Exchange Commission
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
Aberdeen Australia Equity Fund, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
318652104
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(CUSIP Number)
Moritz Sell
Bankgesellschaft Berlin AG
Alexanderplatz 2
D-10178 Berlin
Germany
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 31, 2002
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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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ]
Page 1 of 4 Pages
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CUSIP No.: 465395101 13D Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. ID NO. OF ABOVE PERSON
Bankgesellschaft Berlin AG
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT [ ]
TO ITEM 2(d) OR 2(e)
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Federal Republic of Germany
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SOLE VOTING POWER 5,367,749
NUMBER OF
SHARES ---------------------------------------------------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
OWNED
BY EACH ---------------------------------------------------------------------------------------------
REPORTING SOLE DISPOSITIVE POWER 5,367,749
PERSON
WITH ---------------------------------------------------------------------------------------------
SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,367,749
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 31.4%
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14 TYPE OF REPORTING PERSON BK
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Page 2 of 4 Pages
This Amendment No. 1 amends and supplements Items 3 and 5 of the Statement on
Schedule 13D of Bankgesellschaft Berlin AG (the "Bank") with respect to the
shares of Common Stock, par value $.01 per share (the "Common Stock"), of the
Aberdeen Australia Equity Fund Inc. (the "Fund"). It is being filed to correct a
mistake in the Statement on Schedule 13D filed by the Bank on October 31, 2002
regarding the number of shares of Common Stock, par value $.01 per share, of the
Fund (the "Common Stock") beneficially owned by the Bank, and to report the
acquisition of additional shares of Common Stock by the Bank.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of the funds used by the Bank to purchase shares of Common
Stock listed in Item 5(c) was working capital. The amount of the funds used to
purchase such shares aggregated approximately $27,596,039.20 (exclusive of
commissions).
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) According to the Semi-annual Report dated July 12, 2002, as of
April 30, 2002, there were 17,107,898 shares of Common Stock outstanding. The
percentage set forth in this Item 5(a) was derived using such number. The Bank
is the beneficial owner of 5,367,749 shares of Common Stock, which constitute
approximately 31.4% of the outstanding shares of Common Stock.
(b) The Bank has sole power to vote and to dispose of the shares of
Common Stock owned by it.
(c) During the last sixty days, the Bank has effected the following
sales and purchases in the shares of Common Stock through the purchase from Mira
described in Items 3 and 4 above.
Date Number of Shares Price Per Share
---- ---------------- ---------------
October 22, 2002 5,348,149 $5.1436
November 1, 2002 15,000 $5.82
(d) No person other than the Bank has the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale of,
the shares of Common Stock owned by the Bank.
(e) Inapplicable.
Page 3 of 4 Pages
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Date: November 5, 2002 BANKGESELLSCHAFT BERLIN AG
By: /s/ Moritz Sell
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Name: Moritz Sell
Title: Co-Head Equities Trading, London
By: /s/ Dirk Kipp
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Name: Dirk Kipp
Title: Managing Director
Page 4 of 4 Pages