UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G-A
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Emerging Markets Telecommunications Fund, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
290887108
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 4 Pages
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CUSIP No. 290887108 13G Page 2 of 4 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
President and Fellows of Harvard College
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
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5. SOLE VOTING POWER
NUMBER OF 888,000 shares
SHARES -------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY ----
EACH -------------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 888,000 shares
WITH -------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
----
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
888,000 shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.5%
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12. TYPE OF REPORTING PERSON*
EP
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 4 Pages
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SCHEDULE 13G
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Item 1(a) Name of Issuer:
Emerging Markets Telecommunications Fund, Inc.
1(b) Address of Issuer's Principal Executive Offices:
One Citicorp Center
58th Floor
153 East 53rd Street
New York, NY 10022
Item 2(a) Name of Person Filing:
President and Fellows of Harvard College
2(b) Address of Principal Business Office or, if none, Residence:
c/o Harvard Management Company, Inc.
600 Atlantic Avenue
Boston, MA 02210
2(c) Citizenship:
Massachusetts
2(d) Title of Class of Securities:
Common Stock
2(e) CUSIP Number:
290887108
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b):
The reporting person is an Employee Benefit Plan, Pension
Fund which is subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment Fund.
Item 4 Ownership:
4(a) Amount beneficially owned:
888,000 shares
4(b) Percent of Class:
10.5%
4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
888,000 shares
Page 3 of 4 Pages
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(ii) shared power to vote or to direct the vote:
---------
(iii) sole power to dispose or to direct the disposition of:
888,000 shares
(iv) shared power to dispose or to direct the disposition of:
--------
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below the undersigned certifies that, to the best of
its knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not acquired
for the purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any
transaction having such purpose or effect.
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
By: /s/ Verne O. Sedlacek
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Name: Verne O. Sedlacek
Title: Authorized Signatory
June 9, 1997
Page 4 of 4 Pages
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