SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
--------------------------
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)
--------------------------
December 22, 2003
(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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
2
------------------------------ --------------------- -------------------------
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
14,403,775*
------- --------------------------------------------
------- --------------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------------
------- --------------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,403,775*
------------------------- ------- --------------------------------------------
------------ -----------------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,403,775*
------------ -----------------------------------------------------------------
------------ -----------------------------------------------------------------
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, (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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
3
------------------------------ --------------------- -------------------------
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, (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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
4
------------------------------ --------------------- -------------------------
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, (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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
5
------------------------------ --------------------- -------------------------
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, (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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
6
------------------------------ --------------------- -------------------------
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, (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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
7
------------------------------ --------------------- -------------------------
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, (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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
8
------------------------------ --------------------- -------------------------
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
14,406,500*
------- --------------------------------------------
------- --------------------------------------------
EACH 9.
REPORTING SOLE DISPOSITIVE POWER
0
------- --------------------------------------------
------- --------------------------------------------
PERSON WITH 10.
SHARED DISPOSITIVE POWER
14,406,500*
------------------------- ------- --------------------------------------------
------------ -----------------------------------------------------------------
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,406,500*
------------ -----------------------------------------------------------------
------------ -----------------------------------------------------------------
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 3,200 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 the completion of an
offering of 3,450,000 Class A Shares by Orient-Express Hotels Ltd. in connection
with a prospectus dated November 20, 2003 and including the 2,459,399 Class B
Shares referred to above upon conversion thereof, based on a review of the 10-Q
for Orient-Express Hotels Ltd. filed with the Commission on November 12, 2003
(File No. 001-16017) and the latest amendment to the Registration Statement on
Form S-3 relating to the offering referred to above filed with the Commission on
November 14, 2003 (File No. 333-110296).
9
Item 1. Security and Issuer.
This statement on Schedule 13D (the "Amended Statement") amends 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 41 Cedar Avenue, P.O. Box HM 1179, Hamilton HM EX, 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 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 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 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 Amended
Statement.
Item 3. Source and Amount of Funds or Other Consideration.
The information contained in Item 4 of this 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 ("Former Facility Agreement") dated June 10, 2003, among
(1) Sea Containers British Isles Limited ("SCBIL"), (2) SBCIL'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 "Former Facility") to SBCIL, which required SCL, prior to
any draw-down under the Former 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.
This amendment is being filed to replace documents relating to the
Former Facility included as exhibits to the Original Statement with copies of
documents relating to the New Facility (as defined below). In addition, this
amendment is filed to update disclosure made in the Original Statement to
reflect, among other things, the public offering of OEH shares and the voluntary
refinancing of the Former Facility, each as described more fully below.
On December 22, 2003, SCBIL, SCL, the Guarantors and Citibank
International PLC entered into an agreement (the "Amendment Agreement") to amend
the Former Facility Agreement in order to refinance the Former Facility. In
connection with the refinancing of the Former Facility, the parties to the
Former Facility Agreement entered into a Revolving Facility Agreement (the "New
Facility Agreement") dated December 22, 2003, among SCBIL, the Guarantors,
including SCL, the Arrangers, the Original Lenders, the Agent and the Trustee.
The New Facility Agreement provides a secured revolving loan facility of up to
US$100,000,000 (the "New Facility") to SBCIL and required SCL, prior to any
draw-down under the New Facility, to enter into the following agreements, each
dated as of December 22, 2003: (i) a Custodian Account Charge (the "New Charge")
among SCL, the Trustee and Citibank, (ii) an Escrow Agreement (the "New 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 "New Power"). The New Facility Agreement,
the New Charge, the OEH Security Agreement, the New Escrow Agreement and the New
Power are filed as exhibits to this Amended Statement.
The New Charge and the New Power were entered into by SCL to provide
security for amounts lent to SBCIL by the Original Lenders and any additional
Lenders that may subsequently become a party to the New Facility Agreement under
the New Facility ("New Lenders" and, together with the Original Lenders, the
"Lenders").
Under the New Facility Agreement, the Agent has 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, at any time following the earlier of the
occurrence of (1) an event of default under the New Facility Agreement or (2)
any date on which the listed value of the OEH Shares is less than an amount
equal to double the amount drawn under the New Facility (the maximum amount that
may be drawn under the New Facility is US$100,000,000) for seven consecutive
days following notification by the Agent to SCL provided that SCL does not
pledge additional OEH Shares, prepay loans or sell certain of the OEH Shares
pursuant to the New Facility Agreement.
SCL granted the New Power 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 New Facility Agreement.
SCL entered into the New 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 New
Facility. The New Charge will remain in effect until all obligations of SCBIL
and the Guarantors under the New 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 New Charge, upon
receipt from the Agent of a notice that an event of default under the New
Facility Agreement has occurred, the Custodian will be required to transfer the
OEH Shares to the Trustee. If an event of default under the New Facility
Agreement occurs and is continuing, pursuant to the New 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 New Facility 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 New Facility. The OEH Security
Agreement will remain in effect until all obligations of SCBIL and the
Guarantors under the New 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 New 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 New 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 New Charge.
The Agent and the Trustee will review on a continuous basis their
interests in the OEH Shares. 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, it is possible that the Trustee, the Agent and/or
the other Reporting Persons could seek to 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. OEH Shares may be transferred from time to time
among the Reporting Persons and their affiliates. Any sales, purchases or
transfers or other actions described in this 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 B Shares
issuable upon conversion thereof) 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 New 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. The Agent
(acting pursuant to the New Power), the Trustee (acting pursuant to the 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 of
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 through a complete exercise of the
underwriters' over-allotment option. Citigroup Global Markets Inc., a subsidiary
of Citigroup, acted as an underwriter in connection with the offer.
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 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 Amended Statement, the Reporting Persons, with
the exception of Citigroup, 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 New Facility Agreement, the New
Charge and the New Power. As of the date of this Amended Statement, Citigroup
may be deemed to beneficially own 3,200 Class A Shares that may be deemed to be
beneficially owned by other subsidiaries of Citigroup 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 3,200 Class A
Shares that may be deemed to be beneficially owned by other subsidiaries of
Citigroup for the benefit of third-party customers represent less than 0.01% of
the Class A Shares outstanding. The foregoing calculations are based on (i)
31,790,601 Class A Shares outstanding as of the completion of an offering of
3,450,000 Class A Shares by OEH in connection with a prospectus dated November
20, 2003 and including the 2,459,399 Class B Shares referred to above upon
conversion thereof, (ii) a review of the 10-Q for OEH filed with the Commission
on November 12, 2003 (File No. 001-16017) and (iii) the latest amendment to the
Registration Statement on Form S-3 relating to the offering referred to above
filed with the Commission on November 14, 2003 (File No. 333-110296).
By virtue of entering into the New Charge, as of the date of this
Amended Statement, 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 New Facility Agreement and having been
granted the New Power by SCL, as of the date of this Amended Statement 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 3,200 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 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 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 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 Amended Statement, none of the Reporting Persons nor
any of the individuals set forth in Schedules A, B and C to this 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 Amendment Agreement, the New Facility
Agreement, the New Charge, the OEH Security Agreement, the Account Control
Agreement, the New Escrow Agreement and the New Power (collectively, the
"Financing Agreements") contained in Item 4 of this Amended Statement are
incorporated herein by reference. Such descriptions are summaries of certain
provisions of the Financing Agreements, each of which have been filed as
exhibits to this 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 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 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. Revolving Facility Agreement, dated December 22, 2003, among SCBIL, the
Guarantors (including SCL), the Arrangers, the Original Lenders, the
Agent and the Trustee.
3. Amendment Agreement, dated December 22, 2003, among SCBIL, SCL, the
Guarantors and Citibank International plc.
4. Custodian Account Charge, dated December 22, 2003, among SCL, the
Trustee and Citibank.
5. Escrow Agreement, dated December 22, 2003, among SCL, the Trustee and
Citibank.
6. Power-of-Attorney, dated December 22, 2003, of SCL.
7. OEH Security Agreement, dated December 22, 2003.
8. Account Control Agreement, dated December 22, 2003 among the Trustee,
SCL and Citigroup Global Markets Inc.
* Previously filed with the Commission as an exhibit to the Original 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: January 7, 2004
CITIBANK INTERNATIONAL PLC
By: /s/ ANDREW M. GAULTER
-------------------------
Name: Andrew M. Gaulter
Title: Company Secretary
CITICORP TRUSTEE COMPANY LIMITED
By: /s/ JILL ROBSON
-------------------
Name: Jill Robson
Title: Company Secretary
CITIBANK INVESTMENTS LIMITED
By: /s/ ANDREW M. GAULTER
-------------------------
Name: Andrew M. Gaulter
Title: Company Secretary
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 Chairman,
Director Citigroup Europe
United Kingdom and Germany Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Andrew Martin Gaulter Company Secretary,
Secretary Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Michael Stuart Klein Chief Executive Officer,
Director Global Corporate and Investment Bank EMEA
United States Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
William Joseph Mills Chief Operating Officer,
Director Global Corporate and Investment Bank EMEA
United States Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
John Martin Nestor Business Head,
Director Citigroup Asset Management EMEA
Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
John Joseph Roche Non-Executive Director,
Director Citigroup Centre
United States Canada Square
Canary Wharf
London E14 5LG, England
Jean-Paul Francois Caroline Votron Chief Executive Officer,
Director Consumer Bank EMEA
Belgium 263g, Boulevard Generaal Jacqueslaan
B-1050 Brussels, Belgium
Terence Ivan Williams Managing Director,
Director CitiFinancial Europe plc
87 Castle Street
Reading RG1 7DX, England
John Walter Anderson Non-Executive Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, 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 5LG, 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 5LG, England
Citicorporate Limited Secretary,
Secretary Citigroup Centre
England and Wales Canada Square
Canary Wharf
London E14 5LG, England
Stephen David James Compliance Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Derrick Bernard Boniface Finance Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Anne Ellen Frascarelli Risk Director,
Director Citigroup Centre
United States Canada Square
Canary Wharf
London E14 5LG, England
Robert James Gibson Operations Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Jillian Rosemary Hamblin Director (Corporate Debt),
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Viola Joyce Deloris Japaul Director (Corporate Debt),
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Marne Lidster Director (Corporate Debt),
Director Citigroup Centre
Canada Canada Square
Canary Wharf
London E14 5LG, England
John David Morris Non-Executive Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Sean David Quinn Chief Executive,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
Huw St. John Rees Compliance Director,
Director Citigroup Centre
Canada Square
Canary Wharf
London E14 5LG, England
--------------------------------------------------------------------------------
SCHEDULE C
EXECUTIVE OFFICERS AND DIRECTORS OF
CITIGROUP INC.
Name, Position, Citizenship
(United States unless otherwise indicated) Title and Business Address
--------------------------------------------------------------------------------
C Michael Armstrong Chairman
Director Comcast Corporation
1114 Avenue of the Americas
New York
NY 10036
Alain J.P. Belda, Director Chairman & Chief Executive Officer
Brazil Alcoa Inc.
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 Institute of
Director 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.
75 Rockefeller Plaza, 29th Floor
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 Citigroup Inc.
Director and Executive Officer 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
Arthur Zankel Senior Managing Member
Director High Rise Capital Management L.P.
535 Madison Avenue
26th Floor
New York
NY 10022
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 Citigroup Inc.
Executive Officer 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
Michael T. Masin Vice Chairman
Executive Officer Citigroup Inc.
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
Robert B. Willumstad President and Chief Operating Officer
Executive Officer Citigroup Inc.
399 Park Avenue
New York
NY 10043
--------------------------------------------------------------------------------