UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to
Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No.2 )*
LATIN AMERICAN EXPORT BANK
(Name of Issuer)
American Depository Receipt
(Title of Class of Securities)
P16994132
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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CUSIP NO. P16994132
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1. |
NAME OF REPORTING PERSON |
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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3. |
SEC USE ONLY |
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4. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
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5. |
SOLE VOTING POWER |
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6. |
SHARED VOTING POWER |
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7. |
SOLE DISPOSITIVE POWER |
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8. |
SHARED DISPOSITIVE POWER |
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9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* __ |
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11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
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12. |
TYPE OF REPORTING PERSON* |
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP NO. P16994132
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1. |
NAME OF REPORTING PERSON |
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2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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3. |
SEC USE ONLY |
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4. |
CITIZENSHIP OR PLACE OF ORGANIZATION |
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5. |
SOLE VOTING POWER |
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6. |
SHARED VOTING POWER |
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7. |
SOLE DISPOSITIVE POWER |
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8. |
SHARED DISPOSITIVE POWER |
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9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
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10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* __ |
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11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
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12. |
TYPE OF REPORTING PERSON* |
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Item 1(a) Name of Issuer: |
Latin American Export Bank |
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1(b) Address of Issuer's Principal Executive Offices: |
Calle 50 y Aquilino de la Guardia |
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Item 2(a) Name of Person Filing: |
Harris Associates L.P. ("Harris") |
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2(b) Address of Principal Business Office or, if none, Residence: |
Both Harris and the General Partner maintain their principal offices at: |
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2(c) Citizenship: |
Harris is a Delaware limited partnership. |
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2(d) Title of Class of Securities: |
American Depository Receipt, Class E |
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2(e) CUSIP Number: |
P16994132 |
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Item 3 If this statement if filed pursuant to Rules 13d-1(b), or 13d-2(b): |
Not applicable. |
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Item 4 Ownership (at December 31, 2002): |
523,000 shares |
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4(b) Percent of Class: |
6.39% of Class E ADRs outstanding |
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4(c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: |
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(ii) shared power to vote or to direct the vote: |
523,000 |
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(iii) sole power to dispose or to direct the disposition of: |
7,600 |
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(iv) shared power to dispose or to direct the disposition of: |
515,400 |
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Harris has been granted the power to vote Shares in circumstances it determines
to be appropriate in connection with assisting its advised clients to whom it renders
financial advise in the ordinary course of business, by either providing
information or advice to the persons having such power, or by exercising the
power to vote.
In addition, Harris serves as investment adviser to the Harris Associates Investment Trust (the Trust), and various of Harris' officers and directors are also officers and trustees of the Trust. Harris does not consider that the Trust is controlled by such persons. The Trust, through its various series, owns 515,400 Shares, which are included as Shares over which Harris has shared voting and dispositive power, and thus, as Shares beneficially owned by Harris because of Harris power to manage the Trusts investments.
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
The American Depository Receipts reported herein have been acquired on behalf
of advisory clients of Harris. Harris owns 523,000 Class E shares or
6.39% of the Class E shares. All 515,400 ADRs designated as "shared
power to dispose or to direct the disposition of,” are owned by The Oakmark
International Fund, a series of the Trust. Persons other than Harris are
entitled to receive all dividends from, and proceeds from the sale of, the securities
reported herein.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
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Item 10 Certification:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect.
SIGNATURE
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: February 6, 2003
Harris Associates, Inc., for itself and, as
General partner of Harris Associates L.P.
By:/s/ Margaret K. McLaughlin
Margaret K. McLaughlin
Assistant General Counsel