U.S. Securities and Exchange Commission
Washington, D.C.
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act or 1935 or Section 30(f) of the
Investment Company Act of 1940.
1. Name and Address of Reporting Person
OTR-Nominee for State Teachers Retirement Board of Ohio (STRS)
275 E. Broad Street
Columbus, Ohio 43215
________________________________________________________________________________
2. Date of Event Requiring Statement
MAY 31, 1999
________________________________________________________________________________
3. IRS or Social Security Number of Reporting Person
31-1312155
________________________________________________________________________________
4. Issuer Name and Ticker or Trading Symbol
SOUTHERN AFRICA FUND (SOA)
________________________________________________________________________________
5. Relationship of Reporting Person to Issuer
10% Owner
________________________________________________________________________________
6. If Amendment, Date of Original
N/A
________________________________________________________________________________
TABLE 1
________________________________________________________________________________
1. Title of Security
Common Stock
________________________________________________________________________________
2. Amount of Securities Beneficially Owned
823100
________________________________________________________________________________
3. Ownership Form: Direct (D) or Indirect (I)
D
________________________________________________________________________________
4. Nature of Direct Beneficial Ownership
The securities above were acquired in the ordinary course of business and
were not acquired for the purpose or, 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 purposes or effect.
________________________________________________________________________________
SIGNATURE
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: 05/31/1999
OTR, Nominee Name for The State Teachers Retirement Board of Ohio
275 East Broad Street, Columbus, Ohio 43215, Telephone: 614-227-4003
Signature
/s/STEPHEN A. MITCHELL
...........................................
STEPHEN A. MITCHELL
DEPUTY EXECUTIVE DIRECTOR, INVESTMENTS
