SECURITIES AND EXCHANGE COMMISSION
FORM 13F-E
NAME OF REPORTING MANAGER: GENESIS ASSET MANAGERS LIMITED
If Amended Report Check Here [X]
Report for the Calendar Year or Quarter Ended: 09/30/99
Institutional Investment Manager: GENESIS ASSET MANAGERS LIMITED
I REPRESENT THAT I AM AUTHORIZED TO SUBMIT THIS FORM AND THAT ALL INFORMATION IN
THIS FORM AND THE ATTACHMENTS TO IT ARE TRUE, CORRECT AND COMPLETE, AND I
UNDERSTAND THAT ALL REQUIRED ITEMS, STATEMENTS AND SCHEDULES ARE INTEGRAL PARTS
OF THIS FORM AND THAT THE SUBMISSION OF ANY AMENDMENT REPRESENTS THAT ALL
UNAMENDED ITEMS, STATEMENTS AND SCHEDULES REMAIN TRUE, CORRECT AND COMPLETE AS
PREVIOUSLY SUBMITTED.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
Name, Title and Telephone Number of Person Submitting Report:
Jeremy D. Paulson-Elis, Member
Phone: 011 44 171 235 5040
Signature, Place and Date of Signing:
/s/Jeremy D. Paulson-Elis
London, UK
11/11/99
Other Managers on Whose Behalf this Report is Filed:
Genesis Asset Managers International Limited 28-7436
Genesis Asset Managers Limited 28-6418
Managers Reporting on Behalf of Reporting Manager:
None
REPORT SUMMARY:
Number of Other Included Managers: (1)One
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Form 13F Information Table Entry Total: 37
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Form 13F Information Table Value Total: 1,248,703,196
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REPORT PTR289 3Y CHOATE HALL & STEWART SECURITIES AND EXCHANGE COMMISSION FORM 13-F
MANAGER (JMC) AS OF 09/30/99
INVESTMENT
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
MANAGERS
NAME OF ISSUER TITLE OFCUSIP NUMBER FAIR MARKET SHARES OR a) SOLE c) NONE a)SOLE b)SHARED AS c)SHARED
CLASS VALUE ($) PRINCIPAL (b)SHARED DEFINED BY OTHER
(X 1000) AMOUNT INSTR. V
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Ashanti Goldfields GDR US0437432026 75604 9600481 SOLE 1 9600481
Banco Latino America de Export CL E PAP169941328 32073 1402102 SOLE 1 1402102
Banco Santiago ADR US05965L1052 2440 122000 SOLE 1 122000
Compania de Telecornunicaciones ADR US2044493003 12590 697000 SOLE 1 697000
Desc ADR US2503091017 60280 3598798 SOLE 1 3598798
Distribucion y Servicios (D&S) ADR US2547531069 64663 3846100 SOLE 1 3846100
Embotelladora Andina ADR A US29081P204 44959 2596900 SOLE 1 2596900
Embotelladora Andina ADR B US29081P3038 30554 2350300 SOLE 1 2350300
Enersis ADR US29274F1049 32054 1535500 SOLE 1 1535500
Femsa ADS US3444191064 77370 2470901 SOLE 1 2470901
Gener ADR US3687311056 5284 346500 SOLE 1 346500
Gulf Indonesia Resources LTD COM CA4022841031 32290 3208898 SOLE 1 3208898
Huaheng Power Intl. ADR US4433041005 39034 3138450 SOLE 1 3138450
Korea Electric Power ADR US5006311063 40018 2491400 SOLE 1 2491400
Laboratorio Chile ADR US50540H1041 10235 595500 SOLE 1 595500
Matav ADS US5597761098 477 17500 SOLE 1 17500
Mavesa ADIR US5777171019 15906 5302051 SOLE 1 5302051
Millicom Int'l, Com LU0038705702 70474 2478222 SOLE 1 2478222
Minera Buenaventura ADS US2044481040 28013 1618100 SOLE 1 1618100
OTE ADR US4233253073 14686 1312700 SOLE 1 1312700
P.T. Indonesian Satellite Corp. ADS US7156801042 3467 256800 SOLE 1 256800
Panamerican Beverages Inc. Com PAP748231084 61170 3693307 SOLE 1 3693307
PLDT ADR US7182526043 59495 2735380 SOLE 1 2735380
Provida ADR US00709P1084 12959 634100 SOLE 1 634100
Quilmes Industrial ADR US74838Y1082 59396 6211368 SOLE 1 6211368
Quinenco ADS US7487181031 41733 4121800 SOLE 1 4121800
Santa Isabel ADR US8022331065 2350 308200 SOLE 1 308200
SK Telecom Co. ADS US78440P1084 30317 2939830 SOLE 1 2939830
Southern Peru Ltd COM US8436111046 3738 221486 SOLE 1 221486
Tele Centro Sul ADR US8792391018 128 2300 SOLE 1 2300
Telebras ADR US879281R106 1 38000 SOLE 1 38000
Telefonica de Argentina ADR US8793782066 1577 59798 SOLE 1 59798
Telefonica del Peru ADS US8793841052 61022 4541165 SOLE 1 4541165
Telefonos de Mexico ADS ADS L US8794037809 183638 2577376 SOLE 1 2577376
Telesp ADR US87952K1007 1027 65200 SOLE 1 65200
Telesp Cellular ADR US87952L1089 1682 64400 SOLE 1 64400
TV Azteca ADR US9011451021 35999 7199887 SOLE 1 7199887
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REPORT SUMMARY 37 DATA RECORDS 1248703 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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