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: 06/30/99
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
8/12/99
Other Managers on Whose Behalf this Report is Filed:
Genesis Asset Managers Limited 28-6418
Genesis Asset Managers International Limited 28-7436
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: 31
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Form 13F Information Table Value Total: 1,400,452,838
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REPORT PTR289 3Y CHOATE HALL & STEWART SECURITIES AND EXCHANGE COMMISSION FORM 13-F
MANAGER (JMC) AS OF 06/30/99
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 043743202 66229 9546484 SOLE 1 9546484
Banco Latino America de Export CL E P16994132 36931 1380602 SOLE 1 1380602
Banco Santiago ADR 05965L105 3066 159800 SOLE 1 159800
Central European Media Ent CLA G20045103 9553 1469616 SOLE 1 1469616
Compania de Telecornunicaciones ADR 204449300 21950 886875 SOLE 1 886875
Desc ADR 250309101 82681 3654428 SOLE 1 3654428
Distribucion y Servicios (D&S) ADR 254753106 73146 3901100 SOLE 1 3901100
Embotelladora Andina ADR A 29081P204 52238 2611900 SOLE 1 2611900
Embotelladora Andina ADR B 29081P303 35842 2350300 SOLE 1 2350300
Enersis ADR 29274F104 35526 1553033 SOLE 1 1553033
Femsa ADS 344419106 96561 2421600 SOLE 1 2421600
Gener ADR 368731105 22372 1260419 SOLE 1 1260419
Gulf Indonesia Resources LTD COM 402284103 32233 2802899 SOLE 1 2802899
Huaheng Power Intl. ADR 443304100 55114 3218350 SOLE 1 3218350
Laboratorio Chile ADR 50540H104 10719 595500 SOLE 1 595500
Mavesa ADIR 577717101 17208 5294875 SOLE 1 5294875
Millicom Int'l, Com L6388F102 77689 2466333 SOLE 1 2466333
Minera Buenaventura ADS 204448104 24076 1572300 SOLE 1 1572300
OTE ADR 423325307 14522 1312700 SOLE 1 1312700
Panamerican Beverages Inc. Com P74823108 88302 3708200 SOLE 1 3708200
PLDT ADR 718252604 92292 3057280 SOLE 1 3057280
Provida ADR 00709P108 13950 634100 SOLE 1 634100
Quilmes Industrial ADR 74838Y108 76969 6219736 SOLE 1 6219736
Quinenco ADS 748718103 38539 4110800 SOLE 1 4110800
Santa Isabel ADR 802233106 3374 333200 SOLE 1 333200
Southern Peru Ltd COM 8436111046 3198 221486 SOLE 1 221486
Telebras HOLDRS 879281R106 3420 38000 SOLE 1 38000
Telefonica de Argentina ADS 879378206 1876 59798 SOLE 1 59798
Telefonica del Peru ADS 879384105 68871 4553465 SOLE 1 4553465
Telefonos de Mexico ADS ADS L 879403780 204674 2532700 SOLE 1 2532700
TV Azteca ADR 901145102 37332 7196500 SOLE 1 7196500
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REPORT SUMMARY 31 DATA RECORDS 1400453 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
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