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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 3)(1)
LAYNE CHRISTENSEN COMPANY
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(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
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(Title of Class of Securities)
521050 10 4
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(CUSIP Number)
(1) 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 the disclosures provided in a prior cover page.
The information required in 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).
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CUSIP NO. 521050 10 4 13G PAGE 2 of 8 PAGES
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(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MARLEY HOLDINGS, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ X ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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(5) SOLE VOTING POWER
NUMBER OF -0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH -0-
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(8) SHARED DISPOSITIVE POWER
-0-
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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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)
0%
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(12) TYPE OF REPORTING PERSON
PN
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CUSIP NO. 521050 10 4 13G PAGE 3 of 8 PAGES
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(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MARLEY G.P., INC.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ X ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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(5) SOLE VOTING POWER
NUMBER OF 53,436
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY -0-
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 53,436
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(8) SHARED DISPOSITIVE POWER
-0-
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
53,436
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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)
0.5%
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(12) TYPE OF REPORTING PERSON
CO
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ITEM 1.
(a) NAME OF ISSUER:
Layne Christensen Company
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1900 Shawnee Mission Parkway
Mission Woods, Kansas 66205
ITEM 2.
(a) NAME OF PERSONS FILING:
Marley Holdings, L.P.
Marley G.P., Inc.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
c/o Kohlberg Kravis Roberts & Co.
9 West 57th Street
New York, New York 10019
(c) CITIZENSHIP:
Marley Holdings, L.P. -- Delaware
Marley G.P., Inc. -- Delaware
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
(e) CUSIP NUMBER:
521050 10 4
ITEM 3. Not applicable
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED:
Marley G.P., Inc., a Delaware corporation, is the sole general
partner of Marley Holdings, L.P, a Delaware limited partnership.
On August 13, 1997, Marley Holdings, L.P. distributed all of its
4,607,986 shares of Layne Christensen Company Common Stock (the
"Distribution") on a pro rata basis to (i) Marley
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G.P., Inc. in respect of Marley G.P., Inc.'s general partner
interest (53,436 shares) and (ii) its limited partners in respect
of their limited partner interests (4,554,550 shares).
Consequently, Marley Holdings, L.P. no longer beneficially owns
any shares of common stock of Layne Christensen Company. In prior
reports, Marley G.P., Inc. reported indirect ownership of all
shares previously held by Marley Holdings, L.P. With respect to
the 53,436 shares that Marley G.P., Inc. now holds directly, the
Distribution resulted in a change in the form of ownership from
indirect to direct. Since August 25, 1997, Marley G.P., Inc. has
reported its holdings in common stock of Layne Christensen
Company on a Schedule 13D, filed by Marley G.P., Inc. and KKR
Associates, L.P., a former limited partner of Marley Holdings,
L.P.
(b) PERCENT OF CLASS:
See Item 11 of each cover page.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or direct the vote:
See Item 5 of each cover page.
(ii) Shared power to vote or to direct the vote:
See Item 6 of each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 of each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 of each cover page.
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-Marley Holdings, L.P.].
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
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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
Not applicable.
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SIGNATURES
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.
Date: February 13, 1998
MARLEY HOLDINGS, L.P.
By: Marley G.P., Inc.
Its: General Partner
By: /s/ Salvatore Badalamenti
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Name: Salvatore Badalamenti
Title: President
MARLEY G.P., INC.
By: /s/ Salvatore Badalamenti
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Name: Salvatore Badalamenti
Title: President
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EXHIBIT INDEX
Exhibit 1 - Joint Filing Agreement (incorporated by reference to Exhibit 1 to
the Statements on Schedule 13G of Marley G.P., Inc. and Marley
Holdings, L.P. filed on March 8, 1995.)
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