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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
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1. Name and Address of Reporting Person*
Golding Marcel
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(Last) (First) (Middle)
16 Commerce Crescent, Eastgate Extension 13
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(Street)
Sandton 2144 South Africa
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
SVI Holdings, Inc. (SVI)
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
03/99
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ X ] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing
(Check applicable line)
[ X ] Form filed by one Reporting Person
[ ] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<CAPTION>
5. 6.
4. Amount of Owner-
Securities Acquired (A) or Securities ship
Disposed of (D) Beneficially Form: 7.
(Instr. 3, 4 and 5) Owned at End Direct Nature of
2. 3. ----------------------------- of Issuer's (D) or Indirect
1. Transaction Transaction (A) Fiscal Year Indirect Beneficial
Title of Security Date Code Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) (Instr. 8) (D) & 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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* If the form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 2
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FORM 5 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- Securities Date Securities Price Bene- ity: In-
cise 3. Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- 4. or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Trans- of (D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date action (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ Code 4 and 5) Date Expira- Number ity Year (I) ship
Security Secur- Day/ (Instr. ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) 8) (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Options Common
to Purchase $6.125 11/18/98 A 5,000 11/18/98 11/18/01 Stock 5,000 * 5,000 D
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</TABLE>
Explanation of Responses:
*Incentive compensation
/s/ David L. Reese, as attorney in fact for Marcel Golding May 14, 1999
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Alternatively, this Form is permitted to be submitted to the Commission in
electronic format at the option of the reporting person pursuant to Rule
101(b)(4) of Regulation S-T.
Page 2 of 2
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POWER OF ATTORNEY
(U.S. SEC Filings only)
The undersigned, an officer, director or holder of 10% or more of the
outstanding voting securities of SVI Holdings, Inc. ("SVI"), hereby appoints
David L. Reese, Chief Financial Officer of SVI, as attorney in fact for the
undersigned, to act in the place of the undersigned for the purpose of executing
and filing on behalf of the undersigned all reports required to be filed by the
undersigned, in its capacity as an officer, director or holder of 10% or more of
the outstanding voting securities of SVI, pursuant to Section 16(a) of the
Securities and Exchange Act of 1934, as amended.
The foregoing appointment shall remain in effect until revoked in
writing by the undersigned or until six months following the dateon which the
undersigned is no longer an officer, director or holder of 10% or more of the
outstanding voting securities of SVI.
Executed this 2nd day of July, 1998.
By: /s/ Marcel Golding
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Print Name: Marcel Golding
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Executed as or on behalf of:
___ Officer
X Director
___ Holder of more than 10% of the outstanding voting securities of SVI
Holdings, Inc.