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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
WEBS Index Fund Inc
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(Name of Issuer)
Netherland Series Common Stock, $.001 Par Value
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(Title of Class of Securities)
92923H 85 5
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [X]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
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CUSIP NO. 92923H 85 5 13G PAGE 2 OF 6 PAGES
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NORTHERN TRUST CORPORATION 36-2723087
THE NORTHERN TRUST COMPANY 36-1561860
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
2 (a) [_]
NOT APPLICABLE (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
NORTHERN TRUST CORPORATION - A DELAWARE CORPORATION WITH
PRINCIPAL OFFICES IN CHICAGO, ILLINOIS
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SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 0
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EACH SOLE DISPOSITIVE POWER
7
REPORTING
0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
47,900
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
47,900
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10
NOT APPLICABLE [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.95%
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TYPE OF REPORTING PERSON*
12
NORTHERN TRUST CORPORATION HC
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934
Check the following box if a fee is being paid with statement [x].
1. (a) WEBS Index Fund Inc
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(Name of Issuer)
(b) c/o PFPC Inc., 400 Bellevue Parkway, Wilmington, DE 19809
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(Address of Issuer's Principal Executive Office)
2. (a) Northern Trust Corporation
--------------------------
(Name of Person Filing)
(b) 50 South LaSalle Street, Chicago, IL 60675
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(Address of Person Filing)
(c) U.S. (Delaware Corporation)
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(Citizenship)
(d) Netherland Series Common Stock, $.001 Par Value
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(Title of Class of Securities)
(e) 92923H 85 5
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(CUSIP Number)
3. This statement is being filed by Northern Trust Corporation as a Parent
Holding Company in accordance with S240.13d-1(b)(1)(ii)(G).
4. (a) 47,900
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(Amount Beneficially Owned)
(b) 11.95
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(Percent of Class)
(c) Number of shares as to which such person has:
(i) 0
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(Sole Power to Vote or to Direct the Vote)
(ii) 0
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(Shared Power to Vote or to Direct the Vote)
(iii) 0
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(Sole Power to Dispose or Direct Disposition)
(iv) 47,900
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(Shared Power to Dispose or Direct Disposition)
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5. If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than 5 percent of the class of securities, check the following: [_]
6. Statement regarding ownership of 5 percent or more on behalf of another
person:
7. Parent Holding Company reporting on behalf of the following subsidiaries, all
of which are banks as defined in Section 3(a)(6) of the Act:
The Northern Trust Company
50 South LaSalle Street
Chicago, IL 60675
8. Identification and Classification of Members of the Group.
Not Applicable.
9. Notice of Dissolution of Group.
Not Applicable.
10. By signing below I certify that, to the best of my 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.
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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.
NORTHERN TRUST CORPORATION
By: Perry R. Pero
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DATED: 2-12-97 As its: Sr. Executive Vice President
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EXHIBIT TO SCHEDULE 13G
FILED BY NORTHERN TRUST CORPORATION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549-1004
Attention: Filing Desk, Stop 1-4
RE: WEBS Index Fund Inc Netherland Series
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Pursuant to the requirement of 240.13d-1(e)(1)(iii), this exhibit shall
constitute our written agreement that the Schedule 13G to which this exhibit is
attached is filed on behalf of Northern Trust Corporation and of its
subsidiary(ies), as stated below, regarding our respective beneficial ownership
in the above-captioned equity security.
NORTHERN TRUST CORPORATION
By: Perry R. Pero
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DATED: 2-12-97 As its: Sr. Executive Vice President
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The NORTHERN TRUST COMPANY
By: Perry R. Pero
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As its: Sr. Executive Vice President
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