SCHEDULE 13G
Amendment No. 2
Sea Containers Limited
Class B Common Stock
Cusip # 811371103
Filing Fee: No
Cusip # 811371103
Item 1: Reporting Person - FMR Corp. - (Tax ID: 04-2507163)
Item 4: Commonwealth of Massachusetts
Item 5: 42,200
Item 6: None
Item 7: 111,899
Item 8: None
Item 9: 111,899
Item 11: 4.78%
Item 12: HC
Cusip # 811371103
Item 1: Reporting Person - Edward C. Johnson 3d - (Tax ID: ###-##-####)
Item 4: United States of America
Item 5: None
Item 6: None
Item 7: 111,898
Item 8: None
Item 9: 111,898
Item 11: 4.78%
Item 12: IN
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Item 1(a). Name of Issuer:
Sea Containers Limited
Item 1(b). Name of Issuer's Principal Executive Offices:
41 Cedar Avenue, P.O. Box HM 1179
Hamilton, Bermuda
Item 2(a). Name of Person Filing:
FMR Corp.
Item 2(b). Address or Principal Business Office or, if None, Residence:
82 Devonshire Street, Boston, Massachusetts 02109
Item 2(c). Citizenship:
Not applicable
Item 2(d). Title of Class of Securities:
Class B Common Stock
Item 2(e). CUSIP Number:
811371103
Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) and the
person filing, FMR Corp., is a parent holding company in accordance
with Section 240.13d-1(b)(ii)(G). (Note: See Item 7).
Item 4. Ownership
(a) Amount Beneficially Owned:
111,898
(b) Percent of Class:
4.78%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
42,199
(ii) shared power to vote or to direct the vote:
None
(iii) sole power to dispose or to direct the disposition of:
111,898
(iv) shared power to dispose or to direct the disposition of:
None
Item 5. Ownership of Five Percent or Less of a Class.
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 five percent of the class of
securities, check the following (X).
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.
See attached Exhibit(s) A and B.
Item 8. Identification and Classification of Members of the Group.
Not applicable, see attached Exhibit A.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Inasmuch as the reporting persons are no longer the beneficial
owners of more than five percent of the number of shares
outstanding, the reporting persons have no further reporting
obligation under section 13(d) of the Securities and Exchange
Commission thereunder, and the reporting persons have no
obligation to amend this Statement if any material change
occurs in the facts set forth herein.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
Schedule 13G in connection with FMR Corp's beneficial ownership
of the Class B common stock of Sea Containers Limited at
October 31, 1995 is true, complete and correct.
November 8, 1995
Date
/s/Arthur S. Loring
Signature
Arthur S. Loring, Vice
President
Name/Title
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
Pursuant to the instructions in Item 7 of Schedule 13G, Fidelity
Management Trust Company, 82 Devonshire Street, Boston, Massachusetts 02109, a
wholly-owned subsidiary of FMR Corp. and a bank as defined in Section 3(a)(6)
of the Securities Exchange Act of 1934, is the beneficial owner of 111,898
shares or 4.78% of the Class B common stock outstanding of the Company as a
result of its serving as investment manager of the institutional account(s).
The number of shares of Class B common stock of Sea Containers Limited owned
by the institutional account(s) at October 31, 1995 included 111,899 shares of
Class B common stock resulting from the assumed conversion of 64,700 shares of
the $4.00 Convertible Preferred Stock Class E (1.7295 shares of Class B common
stock for each share of the $4.00 Convertible Preferred Stock Class E).
Edward C. Johnson 3d and FMR Corp., through its control of Fidelity
Management Trust Company, has sole dispositive power over 111,898 shares and
sole power to vote or to direct the voting of 42,199 shares, and no power to
vote or to direct the voting of 69,699 Shares of Class B common stock owned by
the institutional account(s) as reported above.
Members of the Edward C. Johnson 3d family are the predominant owners of
Class B shares of common stock representing approximately 49% of the voting
power of FMR Corp. Mr. Johnson 3d owns 12.0% and Abigail Johnson owns 24.5%
of the aggregate outstanding voting stock of FMR Corp., and Mr. Johnson 3d is
Chairman of FMR Corp. The Johnson family group and all other Class B
shareholders have entered into a shareholders' voting agreement under which
all Class B shares will be voted in accordance with the majority vote of Class
B shares. Accordingly, through their ownership of voting common stock and the
execution of the shareholders' voting agreement, members of the Johnson family
may be deemed, under the Investment Company Act of 1940, to form a controlling
group with respect to FMR Corp.
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)
RULE 13d-1(f)(1) AGREEMENT
The undersigned persons, on November 8, 1995, agree and consent to the
joint filing on their behalf of this Schedule 13G in connection with their
beneficial ownership of the Class B common stock of Sea Containers Limited at
October 31, 1995.
FMR Corp.
By /s/Arthur S. Loring
Arthur S. Loring
Vice President - Legal
Edward C. Johnson 3d
By /s/Arthur S. Loring
Arthur S. Loring
Under Power of Attorney dated
5/17/89
On File with Schedule 13G for
Airborne Freight Corp. 9/10/91
Fidelity Management & Research Company
By /s/Arthur S. Loring
Arthur S. Loring
Sr. V.P. and General Counsel
