SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
--------------------------
Orient-Express Hotels Ltd.
(Name of Issuer)
--------------------------
Class A Common Shares, par value US$0.01 per Share
(Title of Class of Securities)
--------------------------
G67743107
(Cusip Number)
--------------------------
Christopher Walton, Esq.
Clifford Chance Limited Liability Partnership
10 Upper Bank Street
London E14 5JJ, England
011-44-20-7006-1000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
--------------------------
July 23, 2004
(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. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
(Continued on following page(s))
Page 1 of 9 Pages
------------------------- ---------------------- -----------------------
CUSIP No. G67743107 13D Page 2 of 9 Pages
------------------------- ---------------------- -----------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citibank International plc
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
CO
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
------------------------- ---------------------- -----------------------
CUSIP No. G67743107 13D Page 3 of 9 Pages
------------------------- ---------------------- -----------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citicorp Trustee Company Limited
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
CO
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
--------------------------------- ---------------- ---------------------
CUSIP No. G67743107 13D Page 4 of 9 Pages
--------------------------------- ---------------- ---------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citibank Investments Limited
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
CO
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
--------------------------------- ------------------- ------------------
CUSIP No. G67743107 13D Page 5 of 9 Pages
--------------------------------- ------------------- ------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citibank Overseas Investment Corporation
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Federally chartered pursuant to Section 25(a) of the U.S.
Federal Reserve Act
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
HC
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
------------------------- ---------------------- -----------------------
CUSIP No. G67743107 13D Page 6 of 9 Pages
------------------------- ---------------------- -----------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citibank, N.A.
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
National Banking Association
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
BK
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
--------------------------------- ----------------------- ---------------
CUSIP No. G67743107 13D Page 7 of 9
Pages
--------------------------------- ----------------------- ---------------
------------ ------------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citicorp
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
3.
SEC USE ONLY
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------- ------- ---------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- ---------------------------------------
------- ---------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- ---------------------------------------
------- ---------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- ---------------------------------------
------- ---------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- ---------------------------------------
------------ ------------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ ------------------------------------------------------------
------------ ------------------------------------------------------------
14.
TYPE OF REPORTING PERSON
HC
------------ ------------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
------------------------- ---------------------- -----------------------
CUSIP No. G67743107 13D Page 8 of 9 Pages
------------------------- ---------------------- -----------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citigroup Holdings Company
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,403,300*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,300*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,403,300*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
HC
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares and (ii) 2,459,399 Class B Shares,
all or a portion of which may be converted into Class A Shares.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
------------------------- ---------------------- -----------------------
CUSIP No. G67743107 13D Page 9 of 9 Pages
------------------------- ---------------------- -----------------------
------------ -----------------------------------------------------------
1.
NAME OF REPORTING PERSON. I.R.S. IDENTIFICATION NOS. OF
ABOVE PERSON.
Citigroup Inc.
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
3.
SEC USE ONLY
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
4.
SOURCES OF FUNDS
OO
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) OR 2(e)
[ ]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------- ------- --------------------------------------
NUMBER OF 7.
UNITS SOLE VOTING POWER
0
------- --------------------------------------
------- --------------------------------------
BENEFICIALLY 8.
OWNED BY SHARED VOTING POWER
14,444,450*
------- --------------------------------------
------- --------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------
------- --------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,444,450*
------------------------- ------- --------------------------------------
------------ -----------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
14,444,450*
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
[X]
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
42.1%**
------------ -----------------------------------------------------------
------------ -----------------------------------------------------------
14.
TYPE OF REPORTING PERSON
HC
------------ -----------------------------------------------------------
* Represents (i) 11,943,901 Class A Shares, (ii) 2,459,399 Class B Shares, all
or a portion of which may be converted into Class A Shares and (iii) 6,850 Class
A Shares that may be deemed to be beneficially owned by other subsidiaries of
Citigroup for the benefit of third-party customers.
** Based on 31,790,601 Class A Shares outstanding as of April 30, 2004, as
disclosed in the Form 10-Q for Orient-Express Hotels Ltd. filed with the
Commission on May 11, 2004 (File No. 001-16017) and including the 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
Item 1. Security and Issuer.
This statement on Schedule 13D (the "Third Amended Statement") amends the
second amendment to the Schedule 13D filed on July 9, 2004 (the "Second Amended
Statement"), which amended the first amendment to the Schedule 13D filed on
January 13, 2004 (the "First Amended Statement"), which amended the original
Schedule 13D filed on June 20, 2003 (the "Original Statement") and relates to
the class A common shares, par value US$0.01 per share (the "Class A Shares") of
Orient-Express Hotels Ltd., a company organized and existing under the laws of
Bermuda ("OEH"), the principal executive offices of which are located at Canon's
Court, 22 Victoria Street, Hamilton HM12, Bermuda, and the class B common
shares, par value US$0.01 per share (the "Class B Shares" and, together with the
Class A Shares, the "OEH Shares"), of OEH. The Class B Shares are convertible
into Class A Shares on a one-for-one basis at any time. Holders of the Class A
Shares are entitled to one-tenth of a vote per share and holders of the Class B
Shares are entitled to one vote per share. The Class A Shares are listed on the
New York Stock Exchange. There is no public trading market for the Class B
Shares.
Item 2. Identity and Background.
This Third Amended Statement is being jointly filed by Citibank
International plc (the "Agent"), Citicorp Trustee Company Limited (the
"Trustee"), Citibank Investments Limited ("CIL"), Citibank Overseas Investment
Corporation ("COIC"), Citibank, N.A. ("Citibank"), Citicorp ("Citicorp"),
Citigroup Holdings Company ("Citigroup Holdings") and Citigroup Inc.
("Citigroup" and, together with the Agent, the Trustee, CIL, COIC, Citibank,
Citicorp, and Citigroup Holdings, the "Reporting Persons").
The Agent is a public limited company organized under the laws of England
and Wales. The address of its principal business office is Citigroup Centre,
Canada Square, Canary Wharf, London E14 5LB, England. The Agent, which is
authorized by the U.K. Financial Services Authority under the U.K. Financial
Services and Markets Act 2000, provides corporate and investment banking,
private banking and asset management and consumer banking products and services
through business divisions and a branch network in the United Kingdom and
Continental Europe.
The Trustee is a limited company organized under the laws of England and
Wales. The address of its principal business office is Citigroup Centre, Canada
Square, Canary Wharf, London E14 5LB, England. The Trustee, which is authorised
under the U.K. Financial Services and Markets Act 2000, primarily acts as
depositary or trustee for authorised collective investment schemes in the United
Kingdom. In addition, the Trustee undertakes the trusteeship of selected debt
issues made by corporations in the United Kingdom or overseas.
CIL is a limited company organized under the laws of England and Wales and
is the sole stockholder of each of the Agent and the Trustee. The address of its
principal business office is Citigroup Centre, Canada Square, Canary Wharf,
London E14 5LB, England. CIL is the holding company for subsidiary undertakings
of Citibank in the United Kingdom primarily engaged in the provision of
international banking and related financial services.
COIC is federally chartered pursuant to Section 25(a) of the U.S. Federal
Reserve Act and is the sole stockholder of CIL. The address of its principal
business office is One Penn's Way, New Castle, Delaware 19720. COIC is an
investment corporation that facilitates foreign capital transactions and equity
investments.
Citibank is a national banking association and is the sole stockholder of
COIC. The address of its principal business office is 399 Park Avenue, New York,
New York 10043. Citibank is a member of the Federal Reserve System and the
Federal Deposit Insurance Corp.
Citicorp is a Delaware corporation and is the sole stockholder of Citibank.
Citicorp is a U.S. bank holding company. The address of its principal business
office is 399 Park Avenue, New York, New York 10043.
Citigroup Holdings is a Delaware corporation and is the sole stockholder of
Citicorp. Citigroup Holdings is a U.S. bank holding company. The address of its
principal business office is One Rodney Square, Wilmington, Delaware 19899.
Citigroup is a Delaware corporation and is the sole stockholder of
Citigroup Holdings. The address of the principal business office of Citigroup is
399 Park Avenue, New York, New York 10043. Citigroup is a diversified holding
company whose businesses provide a broad range of financial services to consumer
and corporate customers around the world.
The following information with respect to each executive officer and
director of the Agent, the Trustee and Citigroup is set forth in Schedules A, B
and C to this Third Amended Statement: (i) name, (ii) business address, (iii)
present principal occupation or employment and the name of any corporation or
other organization in which such employment is conducted, together with the
principal business and address of any such corporation or organization other
than the Reporting Persons for which such information is set forth above.
On April 28, 2003 Salomon Smith Barney, Inc. ("SSB"), now named Citigroup
Global Markets Inc., a subsidiary of Citigroup, announced final agreements with
the Securities and Exchange Commission (the "Commission"), the National
Association of Securities Dealers, the New York Stock Exchange and the New York
Attorney General (as lead state among the 50 states, the District of Columbia
and Puerto Rico) to resolve on a civil basis all their outstanding
investigations into its research and initial public offering allocation and
distribution practices.
SSB will pay $300 million for retrospective relief, plus $25 million for
investor education, and has committed to spend $75 million to provide
independent third-party research to its clients at no charge. SSB will also
adopt new policies and procedures to further ensure the independence of its
research and address other issues identified in the course of the investigation.
SSB reached these final settlement agreements without admitting or denying
any wrongdoing or liability. The settlements do not establish wrongdoing or
liability for purposes of any other proceeding.
Other than as described above, during the last five years, none of the
Reporting Persons or, to the best of the knowledge of the Reporting Persons, any
of the individuals set forth in Schedules A, B or C to this Third Amended
Statement, has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or was a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction as a result of which
such person was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to, federal
or state securities laws, or finding any violation with respect to such laws.
The citizenship of each executive officer and director of the Agent, the
Trustee and Citigroup is identified in Schedules A, B and C to this Third
Amended Statement.
Item 3. Source and Amount of Funds or Other Consideration.
The information contained in Item 4 of this Third Amended Statement is
incorporated herein by reference.
Item 4. Purpose of the Transaction.
The Reporting Persons filed the Original Statement in connection with a
Term Facility Agreement ("Original Facility Agreement") dated June 10, 2003,
among (1) Sea Containers British Isles Limited ("SCBIL"), (2) SCBIL's affiliates
named therein (the "Guarantors"), including Sea Containers Ltd. ("SCL"), (3)
Citigroup Global Markets Inc., Fortis Bank S.A./N.V. and The Governor and
Company of the Bank of Scotland (the "Arrangers"), (4) Citicorp North America,
Inc. ("CNA"), Fortis Bank S.A./N.V. ("FB") and The Governor and Company of the
Bank of Scotland ("BoS" and, together with CNA and FB, the "Original Lenders"),
(5) the Agent and (6) the Trustee, providing a secured term loan facility of
US$158,000,000 (the "Original Facility") to SCBIL, which required SCL, prior to
any draw-down under the Original Facility, to enter into a Custodian Account
Charge dated June 10, 2003, among SCL, the Trustee and Citibank, and an Escrow
Agreement dated June 10, 2003, among SCL, the Trustee and Citibank, and to grant
to the Agent an irrevocable limited power-of-attorney dated June 10, 2003.
On December 22, 2003, SCBIL, SCL and the other Guarantors and the Agent
entered into an agreement to amend the Original Facility Agreement in order to
refinance the Original Facility. In connection with the refinancing of the
Original Facility, the parties to the Original Facility Agreement entered into
an amendment agreement dated December 22, 2003 (the "First Amendment
Agreement"), which amended and restated the Original Facility Agreement and was
dated December 22, 2003, among SCBIL, the Guarantors, including SCL, the
Arrangers, the Original Lenders, the Agent and the Trustee (the "First Amended
Facility Agreement"). The First Amended Facility Agreement provided a secured
revolving loan facility of up to US$100,000,000 (the "First Amended Facility")
to SCBIL and required SCL, prior to any draw-down under the First Amended
Facility, to enter into the following agreements, each dated as of December 22,
2003: (i) a Custodian Account Charge (the "Custodian Account Charge") among SCL,
the Trustee and Citibank, (ii) an Escrow Agreement (the "Escrow Agreement")
among SCL, the Trustee and Citibank, (iii) an OEH Security Agreement (the "OEH
Security Agreement") among SCL, the Trustee and Citibank, (iv) an Account
Control Agreement (the "Account Control Agreement") among the Trustee, SCL and
Citigroup Global Markets Inc., and (v) an irrevocable limited power-of-attorney
to the Agent (the "Power of Attorney").
On July 2, 2004, SCBIL, SCL and the other Guarantors and the Agent entered
into a second amendment agreement dated July 2, 2004 (the "Second Amendment
Agreement") to amend and restate the First Amended Facility Agreement (the First
Amended Facility Agreement, as amended and restated, is referred to herein as
the "Second Amended Facility Agreement") in order to refinance the First Amended
Facility. Pursuant to the Second Amendment Agreement, upon the satisfaction of
all conditions precedent as set forth in the Second Amendment Agreement (which
occurred on July 23, 2004) (such date, the "Effective Date"), the First Amended
Facility was amended and continued to provide a secured revolving loan facility
of up to US$100,000,000 (the "Second Amended Facility"). The Custodian Account
Charge, the Escrow Agreement, the Account Control Agreement, the OEH Security
Agreement and the Power of Attorney, which were filed as exhibits to the First
Amended Statement, continue to be in force. On July 2, 2004, in connection with
the Second Amendment Agreement, SCL, the Trustee, the subordinated creditors
named therein and the intra-group borrowers named therein entered into a
Subordination Agreement (the "Subordination Agreement"). In addition, on July 5,
2004, the parties to the OEH Security Agreement entered into an amendment
agreement dated July 5, 2004 (the "OEH Security Amendment Agreement"), which
became effective on the Effective Date, to modify cross references contained in
the OEH Security Agreement so that they refer correctly to the Second Amended
Facility Agreement and to correct an error in the OEH Security Agreement.
At the time of filing of the Second Amended Statement, the Effective Date
had not yet occurred. This amendment is being filed to disclose the occurrence
of the Effective Date on July 23, 2004.
Under the Second Amended Facility Agreement, the Agent continues to have
the right to sell the OEH Shares, at such times, in such manner and in such
volumes as the Agent may direct in its absolute discretion if SCL does not
pledge additional OEH Shares, prepay loans or sell certain of the OEH Shares
pursuant to the Second Amended Facility Agreement, at any time following the
earlier of the occurrence of (1) an event of default under the Second Amended
Facility Agreement or (2) any date on which the listed value of the OEH Shares
is less than either (a) $100,000,000 or (b) the sum of (i) 200% of the aggregate
principal amount outstanding under the Second Amended Facility (or 150% of the
aggregate principal amount outstanding under the Second Amended Facility if the
franchise agreement between the Strategic Rail Authority, GNER Holdings Limited
and Great North Eastern Railway Limited dated March 28, 1996 is subsequently
renewed for a term of no less than 60 months from the date of the Second Amended
Facility Agreement) and (ii) certain permitted loans made by SCL to its material
subsidiaries and others as specified in the Second Amended Facility Agreement.
The maximum amount that may be outstanding under the Second Amended Facility is
$100,000,000.
SCL granted the Power of Attorney to the Agent to enable and permit the
Agent to sell the OEH Shares in order to enforce the rights of the Agent granted
pursuant to the terms of the Second Amended Facility Agreement.
SCL entered into the Custodian Account Charge to provide a charge over all
of its right, title and interest in and to the OEH Shares for the benefit of the
Trustee and the Agent, the Arrangers, the Lenders and any receivers in respect
of the assets of SCL and the Guarantors securing amounts borrowed under the
Second Amended Facility. The Custodian Account Charge will remain in effect
until all obligations of SCBIL and the Guarantors under the Second Amended
Facility Agreement and the related finance documents have been unconditionally
and irrevocably paid and discharged in full or until the Agent shall otherwise
direct. Pursuant to the Custodian Account Charge, upon receipt from the Agent of
a notice that an event of default under the Second Amended Facility Agreement
has occurred, the Custodian will be required to transfer the OEH Shares to the
Trustee. If an event of default under the Second Amended Facility Agreement
occurs and is continuing, pursuant to the Custodian Account Charge the Trustee
may solely and exclusively exercise (or refrain from exercising) all voting
powers pertaining to the OEH Shares, and may sell, transfer, grant options over
or otherwise dispose of the OEH Shares, in either case in such manner and on
such terms which the Trustee in its absolute discretion thinks fit.
Some of or all of the OEH Shares pledged under the OEH Security Agreement
will be in non-certificated form. As a result, SCL entered into the OEH Security
Agreement and the Account Control Agreement to provide a security interest over
all of its right, title and interest in and to the OEH Shares that are in
non-certificated form for the benefit of the Trustee and the Agent, the
Arrangers, the Lenders and any receivers in respect of the assets of SCL and the
Guarantors securing amounts borrowed under the Second Amended Facility. The OEH
Security Agreement will remain in effect until all obligations of SCBIL and the
Guarantors under the Second Amended Facility Agreement and the related finance
documents have been unconditionally and irrevocably paid and discharged in full
or until the Agent shall otherwise direct. If an event of default under the
Second Amended Facility Agreement occurs and is continuing, pursuant to the OEH
Security Agreement, the Trustee may solely and exclusively exercise (or refrain
from exercising) all voting powers pertaining to the OEH Shares, and may sell,
transfer, grant options over or otherwise dispose of the OEH Shares, in either
case in such manner and on such terms which the Trustee in its absolute
discretion thinks fit.
SCL entered into the Escrow Agreement to establish a custody account in
which to hold the certificated OEH Shares subject to the security interest in
such OEH Shares granted to the Trustee pursuant to the Custodian Account Charge.
The Agent and the Trustee may in the future take such actions in respect of
their interests in the OEH Shares as they deem appropriate in light of the
circumstances existing from time to time. Currently, these actions include
holding the OEH Shares they may be deemed to beneficially own or disposing of
the OEH Shares. Such dispositions could be effected in private transactions,
through a public offering or, upon compliance with the rules under the
Securities Act of 1933, as amended (the "Securities Act"), in the open market.
Additionally, the Trustee, the Agent and/or the other Reporting Persons may
acquire additional OEH Shares, although none of them has any current plans to do
so. Any acquisition of OEH Shares could be effected in the open market, in
privately negotiated transactions, or otherwise. Any OEH Shares acquired in this
way could be transferred from time to time among the Reporting Persons and their
affiliates. Any sales, purchases or transfers or other actions described in this
Third Amended Statement may be made at any time without further prior notice. In
reaching any conclusion as to the foregoing matters, the Agent and the Trustee
will take into consideration various factors, such as the obligations of the
Agent and the Trustee to the Lenders, SCL's business, prospects and financial
condition, other developments concerning SCL, the market price for the OEH
Shares, stock market conditions, general economic conditions, OEH's business and
prospects and other developments concerning OEH.
On February 18, 2003, OEH filed with the Commission a shelf registration
statement on Form S-3 under the Securities Act (the "Shelf Registration
Statement"), registering for sale under the Securities Act, from time to time,
the 14,403,300 Class A Shares (including 2,459,399 Class A Shares issuable upon
conversion of Class B Shares) owned of record by SCL. The Shelf Registration
Statement was declared effective by the Commission, and would allow the sale of
the OEH Shares by SCL, the Agent or the Trustee through a public offering or in
the public market. The Second Amended Facility Agreement contains provisions
whereby SCL has agreed to use its reasonable best efforts, including through
using its voting rights and board representation in OEH, to procure that OEH
will maintain the effectiveness of the Shelf Registration Statement and
cooperate with any offering of the OEH Shares that might be made thereunder or
otherwise. On January 20, 2004, OEH filed with the Commission a prospectus
relating to the Shelf Registration Statement in order to update the information
contained in the Shelf Registration Statement. The Agent (acting pursuant to the
Power of Attorney), the Trustee (acting pursuant to the Custodian Account
Charge) or SCL (with the consent of the Agent) may dispose of the OEH Shares
through a public offering or in open market sales as contemplated by the Shelf
Registration Statement or otherwise. The Reporting Persons or their affiliates
may act as an underwriter or agent in connection with any such sales.
On November 6, 2003, OEH filed with the Commission a registration statement
on Form S-3 (File No. 333-110296) under the Securities Act (the "Registration
Statement"), registering for sale under the Securities Act 3,450,000 Class A
Shares and 3,450,000 rights to purchase Series A Junior Participating Preferred
Shares. Pursuant to a prospectus dated November 20, 2003, 3,000,000 Class A
Shares were offered for sale in a public offering and a total of 3,450,000 Class
A Shares were sold following exercise in full of the underwriters'
over-allotment option. Citigroup Global Markets Inc., a subsidiary of Citigroup,
acted as an underwriter in connection with the offering.
Except as set forth above, none of the Reporting Persons nor, to the best
of the knowledge and belief of the Reporting Persons, any of the individuals set
forth in Schedule A, B or C to this Third Amended Statement, has any plans or
proposals that relate to or would result in (a) the acquisition by any person of
additional securities of OEH or the disposition of securities of OEH; (b) an
extraordinary corporate transaction, such as a merger, reorganization or
liquidation, involving OEH or any of its subsidiaries; (c) a sale or transfer of
a material amount of assets of OEH or any of its subsidiaries; (d) any change in
the present board of directors or management of OEH, including any plans or
proposals to change the number or term of directors or to fill any existing
vacancies on the board; (e) any material change in the present capitalization or
dividend policy of OEH; (f) any other material change in OEH's business or
corporate structure; (g) changes in OEH's charter, by-laws or instruments
corresponding thereto, or other actions which may impede the acquisition of
control of OEH by any person; (h) any class of OEH's securities being delisted
from a national securities exchange or ceasing to be authorized to be quoted in
an inter-dealer quotation system of a registered national securities
association; (i) any class of OEH's equity securities becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended; or (j) any action similar to any of those
enumerated above.
Item 5. Interest in Securities of the Issuer.
As of the date of this Third Amended Statement, the Reporting Persons may
be deemed to beneficially own, within the meaning of Rule 13d-3 under the
Securities Exchange Act of 1934, as amended, 14,403,300 OEH Shares. This amount
consists of 11,943,901 Class A Shares and 2,459,399 Class B Shares, all or a
portion of which may be converted into Class A Shares, of which SCL is the
record owner but which the Reporting Persons may be deemed to beneficially own
as a result of the Second Amended Facility Agreement, the Custodian Account
Charge, the OEH Security Agreement, the Escrow Agreement and the Power of
Attorney. In addition, as of the date of this Third Amended Statement, Citigroup
may be deemed to beneficially own an additional 6,850 Class A Shares that may be
deemed to be beneficially owned by other subsidiaries of Citigroup that are held
for the benefit of third-party customers. The 14,403,300 OEH Shares held of
record by SCL represent approximately 42.1% of the Class A Shares outstanding
and the 41,150 Class A Shares that may be deemed to be beneficially owned by
other subsidiaries of Citigroup that are held for the benefit of third-party
customers represent less than 0.01% of the Class A Shares outstanding. The
foregoing calculations are based on 31,790,601 Class A Shares outstanding as of
April 30, 2004, as disclosed in the Form 10-Q for Orient-Express Hotels Ltd.
filed with the Commission on May 11, 2004 (File No. 001-16017), and 2,459,399
Class B Shares referred to above upon conversion thereof into Class A Shares.
By virtue of entering into the Custodian Account Charge, the Escrow
Agreement and the OEH Security Agreement, the Trustee may be deemed to have sole
voting and dispositive power with respect to the 14,403,300 OEH Shares owned of
record by SCL. The Trustee expressly disclaims beneficial ownership of the OEH
Shares owned of record by SCL.
By virtue of entering into the Second Amended Facility Agreement, the OEH
Security Agreement and having been granted the Power of Attorney by SCL, the
Agent may be deemed to have sole dispositive power with respect to the
14,403,300 OEH Shares owned of record by SCL. The Agent expressly disclaims
beneficial ownership of the OEH Shares owned of record by SCL.
Citigroup may be deemed to have shared voting power with third party
customers of subsidiaries of Citigroup with respect to the 6,850 Class A Shares
that may be deemed to be beneficially owned by other subsidiaries of Citigroup
for the benefit of third-party customers. Citigroup expressly disclaims
beneficial ownership of the Class A Shares that may be deemed to be beneficially
owned by other subsidiaries of Citigroup for the benefit of third party
customers.
By virtue of their potential status as a "group" for purposes of Rule
13d-5, each of the Reporting Persons may be deemed to have shared voting and/or
dispositive power over the OEH Shares that may be deemed to be beneficially
owned by the other Reporting Persons. Each of the Reporting Persons expressly
disclaims beneficial ownership of the OEH Shares that may be deemed to be
beneficially owned by the other Reporting Persons.
Neither the filing of this Third Amended Statement, nor any of its
contents, shall be deemed to constitute an admission that any Reporting Person
is the beneficial owner of any OEH Shares referred to in this Third Amended
Statement for the purposes of Section 13(d) of the Exchange Act or for any other
purpose, and such beneficial ownership is expressly disclaimed.
To the best knowledge of the Reporting Persons, during the past 60 days
preceding the date of this Third Amended Statement, none of the Reporting
Persons nor any of the individuals set forth in Schedules A, B and C to this
Third Amended Statement, has effected any transaction in the shares of OEH,
except as described in Item 4 above (excluding transactions that may have been
effected by certain subsidiaries of Citigroup for managed accounts with funds
provided by third-party customers).
Item 6. Contracts, Arrangements, Understandings or Relationships with respect to
Securities of the Issuer.
The descriptions of the Second Amendment Agreement, the Second Amended
Facility Agreement, the Custodian Account Charge, the OEH Security Agreement,
the OEH Security Amendment Agreement, the Account Control Agreement, the Escrow
Agreement, the Power of Attorney and the Subordination Agreement (collectively,
the "Financing Agreements") contained in Item 4 of this Third Amended Statement
are incorporated herein by reference. Such descriptions are summaries of certain
provisions of the Financing Agreements, each of which has either been filed as
an exhibit to the First Amended Statement or the Second Amended Statement, and
such summaries are qualified by, and subject to, the full text of such
agreements which is incorporated by reference herein.
To the best knowledge of the Reporting Persons, except as described in this
Third Amended Statement or in the documents referred to and incorporated by
reference herein, there are no contracts, arrangements, understandings or
relationships (legal or otherwise) among the Reporting Persons or any of the
individuals set forth in Schedules A, B or C to this Third Amended Statement, or
between such persons and any person with respect to any securities of OEH.
Item 7. Material to be Filed as Exhibits.
*1. Joint Filing Agreement, dated as of June 20, 2003, among the Agent, the
Trustee, CIL, COIC, Citibank, Citicorp, Citigroup Holdings and
Citigroup.
**2. Custodian Account Charge, dated December 22, 2003, among SCL, the
Trustee and Citibank.
**3. Escrow Agreement, dated December 22, 2003, among SCL, the Trustee and
Citibank.
**4. Power-of-Attorney, dated December 22, 2003, of SCL.
**5. OEH Security Agreement, dated December 22, 2003.
**6. Account Control Agreement, dated December 22, 2003 among the Trustee,
SCL and Citigroup Global Markets Inc.
***7. Second Amendment Agreement, dated July 2, 2004, among SCBIL, SCL, the
Guarantors and the Agent.
***+8. Second Amended Facility Agreement, among SCBIL, Citigroup Global
Markets Limited, the Governor and Company of the Bank of Scotland, the
Agent and Citicorp Trustee Limited.
***9. OEH Security Amendment Agreement, dated July 5, 2004, by and among SCL,
the Trustee and the Agent.
***10. Subordination Agreement, dated July 2, 2004, by and among SCL, the
Trustee, the Subordinated Creditors named therein and the Intra-Group
Borrowers named therein.
* Previously filed with the Commission as an exhibit to the Original Statement.
** Previously filed with the Commission as an exhibit to the First Amended
Statement.
*** Previously filed with the Commission as an exhibit to the Second Amended
Statement.
+ Contained in Schedule 2 to Exhibit 7 to the Second Amended Statement.
SIGNATURES
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: July 30, 2004
CITIBANK INTERNATIONAL PLC
By: /s/ JILL ROBSON
-------------------
Name: Jill Robson
Title: Assistant Secretary
CITICORP TRUSTEE COMPANY LIMITED
By: /s/ JILL ROBSON
-------------------
Name: Jill Robson
Title: Company Secretary
CITIBANK INVESTMENTS LIMITED
By: /s/ MICHAEL KIRKWOOD
------------------------
Name: Michael Kirkwood
Title: Director
CITIBANK OVERSEAS INVESTMENT CORPORATION
By: /s/ WILLIAM H. WOLF
-----------------------
Name: William H. Wolf
Title: Executive Vice President
CITIBANK, N.A.
By: /s/ SERENA D. MOE
---------------------
Name: Serena D. Moe
Title: Assistant Secretary
CITICORP
By: /s/ SERENA D. MOE
---------------------
Name: Serena D. Moe
Title: Assistant Secretary
CITIGROUP HOLDINGS COMPANY
By: /s/ SERENA D. MOE
---------------------
Name: Serena D. Moe
Title: Assistant Secretary
CITIGROUP INC.
By: /s/ SERENA D. MOE
---------------------
Name: Serena D. Moe
Title: Assistant Secretary
SCHEDULE A
EXECUTIVE OFFICERS AND DIRECTORS OF
CITIBANK INTERNATIONAL PLC
Name, Position, Citizenship (United Kingdom
unless otherwise indicated) Title and Business Address
Winfried F. W. Bischoff Citigroup Europe
Director Citigroup Centre
United Kingdom and Germany Canada Square
Canary Wharf
London E14 5LB, England
Andrew Martin Gaulter Company Secretary,
Secretary Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Michael Stuart Klein Vice Chairman,
Director Global Corporate and Investment Bank EMEA
United States Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
William Joseph Mills Chairman and Chief Executive Officer,
Director Global Corporate and Investment Bank EMEA
United States Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
John Martin Nestor Business Head,
Director Citigroup Asset Management EMEA
Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
John Joseph Roche Non-Executive Director,
Director Citigroup Centre
United States Canada Square
Canary Wharf
London E14 5LB, England
Jean-Paul Francois Caroline Votron Chief Executive Officer,
Director Consumer Bank EMEA
Belgium 263g, Boulevard Generaal Jacqueslaan
B-1050 Brussels, Belgium
John Walter Anderson Non-Executive Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Francesco Paolo Vanni d'Archirafi Chairman and Chief Executive,
CEO, GTS EMEA Citibank International plc
Italy Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
David Challen Business Head
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
--------------------------------------------------------------------------------
SCHEDULE B
EXECUTIVE OFFICERS AND DIRECTORS OF
CITICORP TRUSTEE COMPANY LIMITED
Name, Position, Citizenship (United Kingdom
unless otherwise indicated) Title and Business Address
Robert Harry Binney Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Citicorporate Limited Secretary,
Secretary Citigroup Centre
England and Wales Canada Square
Canary Wharf
London E14 5LB, England
Christopher Blakey Funds Administration
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Derrick Bernard Boniface Finance Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Jillian Rosemary Hamblin Director (Corporate Debt),
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Viola Joyce Deloris Japaul Director (Corporate Debt),
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Marne Lidster Director (Corporate Debt),
Director Citigroup Centre
Canada Canada Square
Canary Wharf
London E14 5LB, England
John David Meres Non-Executive Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Sean David Quinn Chief Executive,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Huw St. John Rees Compliance Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB, England
Bronwyn Corinna Wright Relationship Management
Director 1 North Wall Quay
Ireland Dublin 1, Republic of Ireland
--------------------------------------------------------------------------------
SCHEDULE C
EXECUTIVE OFFICERS AND DIRECTORS OF
CITIGROUP INC.
Name, Position, Citizenship (United States
unless otherwise indicated) Title and Business Address
C. Michael Armstrong Retired Chairman
Director Hughes, AT&T and Comcast Corporation
1114 Avenue of the Americas
New York
NY 10036
Alain J.P. Belda Chairman & Chief Executive Officer
Director Alcoa Inc.
Brazil 390 Park Avenue
New York
NY 10022
George David Chairman & Chief Executive Officer
Director United Technologies Corporation
1 Financial Plaza
Hartford
CT 06101
Kenneth T. Derr Chairman, Retired
Director ChevronTexaco Corporation
345 California Street
San Francisco
CA 94104
John M. Deutch Institute Professor, Massachusetts
Director Institute of Technology
77 Massachusetts Avenue, Room 6-208
Cambridge
MA 02139
The Honorable Gerald R. Ford Former President of the United States
Honorary Director 40365 Sand Dune Road
Rancho Mirage
CA 92270
Ann Dibble Jordan Consultant
Director 2904 Benton Place, N.W.
Washington
DC 20008
Dudley C. Mecum Managing Director
Director Capricorn Holdings, LLC
30 East Elm Street
Greenwich
CT 06830
Richard D. Parsons Chairman & Chief Executive Officer
Director Time Warner Inc.
One Time Warner Center
New York
NY 10019
Andrall E. Pearson Founding Chairman
Director Yum! Brands, Inc.
41 Meadow Wood Drive
Greenwich
CT 06830
Roberto Hernandez Ramirez Chairman of the Board
Director Banco Nacional de Mexico
Mexico Actuario Roberto Medellin No. 800
Col. Santa Fe 01210
Mexico City
Mexico
Charles Prince Chief Executive Officer
Director and Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Robert E. Rubin Member of the Office of the Chairman
Director and Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Franklin A. Thomas Consultant
Director TFF Study Group
595 Madison Avenue
33rd Floor
New York
NY 10022
Sanford I. Weill Chairman
Director and Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Robert B. Willumstad President and Chief Operating Officer
Director and Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Winfried F.W. Bischoff Chairman
Executive Officer Citigroup Europe
United Kingdom and Germany 33 Canada Square
Canary Wharf
London
E14 5LB
United Kingdom
David C. Bushnell Senior Risk Officer
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Michael A. Carpenter Chairman and Chief Executive Officer
Executive Officer Citigroup Global Investments
399 Park Avenue
New York
NY 10043
Robert Druskin Chief Executive Officer and President
Executive Officer Global Corporate and Investment Banking
Group
388 Greenwich Street
New York
NY 10013
Stanley Fischer Vice Chairman
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
William P. Hannon Controller & Chief Accounting Officer
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Michael S. Helfer General Counsel and Corporate Secretary
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Thomas W. Jones Chairman & Chief Executive Officer
Executive Officer Global Investment Management and Private
Banking Group
399 Park Avenue
New York
NY 10043
Sallie L. Krawcheck Chairman and Chief Executive Officer
Executive Officer Smith Barney
388 Greenwich Street
New York
NY 10013
Marjorie Magner Chairman and Chief Executive Officer
Executive Officer Global Consumer Group
399 Park Avenue
New York
NY 10043
Deryck C. Maughan Vice Chairman
Executive Officer Citigroup Inc.
United Kingdom 399 Park Avenue
New York
NY 10043
Victor J. Menezes Senior Vice Chairman
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
William R. Rhodes Senior Vice Chairman
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
Todd S. Thomson Chief Financial Officer
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
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