SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 3 )
Jardine Fleming India Fund
-----------------------------------------------------
(Name of Issuer)
Common Stock
-----------------------------------------------------
(Title of Class of Securities)
471112102
-----------------------------------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
- ----------
*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).
<PAGE>
CUSIP No. 471112102 13G Page 2 of 12 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
Morgan Stanley Dean Witter & Co.
IRS # 39-314-5972
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 66,400 (a)
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
830,300**(a)
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
830,300**(a)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.34%** (a)
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IA, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
** Includes 751,000 shares representing approximately 6.64%
of the class held by Commonwealth of Pennsylvania State
Employees Retirement System.
(a) As of June 30, 1998
<PAGE>
CUSIP No. 471112102 13G Page 3 of 12 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
Miller Anderson & Sherrerd, LLP
IRS # 23-1744122
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 25,300 (a)
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
776,300**(a)
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
776,300**(a)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.87%**(a)
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IA, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
** Includes 751,000 shares representing approximately 6.64%
of the class held by Commonwealth of Pennsylvania State
Employees Retirement System.
(a) As of June 30, 1998
<PAGE>
CUSIP No. 471112102 13G Page 4 of 12 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON(S)
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S)
Commonwealth of Pennsylvania State Employees Retirement System
IRS # 23-2044509
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
The state of organization is Delaware.
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH 751,000 (a)
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
751,000 (a)
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
751,000 (a)
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.64%(a)
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IC, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(a) As of June 30, 1998
<PAGE>
CUSIP No. 471112102 13G Page 5 of 12 Pages
Item 1. (a) Name of Issuer:
Jardine Fleming India Fund
--------------------------------------------------------------
(b) Address of Issuer's Principal Executive Offices:
1285 Avenue of the Americas
New York, NY 10019
--------------------------------------------------------------
Item 2. (a) Name of Person Filing:
(a) Morgan Stanley Dean Witter & Co.
(b) Miller Anderson & Sherrerd LLP
(c) Commonwealth of Pennsylvania State Employees
Retirement System
--------------------------------------------------------------
(b) Address of Principal Business Office, or if None, Residence:
(a) 1585 Broadway
New York, New York 10036
(b) 1 Tower Bridge Suite 1100
West Conshohocken, PA 19428
(c) 30 North Third Street
Fifth Floor
Harrisburg, PA 17101
--------------------------------------------------------------
(c) Citizenship:
Incorporated by reference to Item 4 of the
cover page pertaining to each reporting person.
-------------------------------------------------
(d) Title of Class of Securities:
Common Stock
--------------------------------------------------------------
(e) CUSIP Number:
471112102
-------------------------------------------------
Item 3. (a) Morgan Stanley Dean Witter & Co. is (e) an Investment Adviser
registered under Section 203 of the Investment Advisers Act
of 1940.
(b) Miller Anderson & Sherrerd, LLP is (e) an Investment Adviser
registered under Section 203 of the Investment Advisers Act of
1940.
(c) Commonwealth of Pennsylvania State Employees Retirement
System is a governmental agency that manages public pension
funds subject to legal regulation comparable to the Employee
Retirement Income Security Act of 1974.
<PAGE>
CUSIP No. 471112102 13-G Page 6 of 12 Pages
Item 4. Ownership.
Incorporated by reference to Items (5) - (9) and (11) of the
cover page.
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Accounts managed on a discretionary basis by Miller Anderson &
Sherrerd LLP, a wholly owned subsidiary of Morgan Stanley Dean
Witter & Co., are known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from,
the sale of such securities. With the exception of the
Commonwealth of Pennsylvania State Employee Retirement System as
noted herein, no such account holds more than 5 percent of the
class.
Item 7. Identification and Classification of the Subsidiary which Acquired
the Security Being Reported on By the Parent Holding Company.
Item 8. Identification and Classification of Members of the Group.
Item 9. Notice of Dissolution of Group.
Item 10. Certification.
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.
<PAGE>
CUSIP No. 471112102 13-G Page 7 of 12 Pages
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.
Date: September 10, 1998
Signature: /s/ Bruce Bromberg
-----------------------------------------------------------------
Name/Title Bruce Bromberg / Vice President Morgan Stanley & Co. Incorporated
-----------------------------------------------------------------
MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
Date: September 10, 1998
Signature: /s/ Paul A. Frick
-----------------------------------------------------------------
Name/Title Paul A. Frick / Vice President Miller Anderson & Sherrerd, LLP
-----------------------------------------------------------------
MILLER ANDERSON & SHERRERD, LLP
Date: September 10, 1998
Signature: /s/ Donald P. Ryan
-----------------------------------------------------------------
Name/Title Donald P. Ryan/Vice President Morgan Stanley Asset Management Inc.
-----------------------------------------------------------------
Commonwealth of Pennsylvania State Employees Retirement System
INDEX TO EXHIBITS PAGE
----------------- ----
EXHIBIT 1 Agreement to Make a Joint Filing 8
EXHIBIT 2 Secretary's Certificate Authorizing Bruce Bromberg 9
to Sign on behalf of Morgan Stanley, Dean Witter,
Discover and Co.
EXHIBIT 3 Secretary's Certificate Authorizing Paul A. Frick 10
to Sign on behalf of Miller Anderson & Sherrerd LLP
EXHIBIT 4 Secretary's Certificate Authorizing Donald P. Ryan 11 & 12
to Sign on behalf of Commonwealth of Pennsylvania
State Employees Retirement System
* Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
(022597DTI)
<PAGE>
CUSIP No. 471112102 13-G Page 8 of 12 Pages
EXHIBIT 1 TO SCHEDULE 13G
---------------------------------------------------
SEPTEMBER 10, 1998
---------------------------------------------------
MORGAN STANLEY DEAN WITTER & CO., MILLER ANDERSON & SHERRERD,
LLP, and Commonwealth of Pennsylvania State Employees Retirement
System hereby agree that, unless differentiated, this Schedule
13G is filed on behalf of each of the parties.
MORGAN STANLEY DEAN WITTER & CO.
BY: /s/ Bruce Bromberg
--------------------------------------------------------------------
Bruce Bromberg / Vice President Morgan Stanley & Co., Incorporated
MILLER ANDERSON & SHERRERD, LLP
BY: /s/ Paul A. Frick
--------------------------------------------------------------------
Paul A. Frick / Vice President Miller Anderson & Sherrerd LLP
Commonwealth of Pennsylvania State Employees Retirement System
BY: /s/ Donald P. Ryan
--------------------------------------------------------------------
Donald P. Ryan/Vice President Morgan Stanley Asset Management Inc.
* Attention. Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
<PAGE>
Page 9 of 12 Pages
EXHIBIT 2 -------------------
MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
SECRETARY'S CERTIFICATE
I, Charlene R. Herzer, a duly elected and acting Assistant Secretary of
Morgan Stanley, Dean Witter, Discover & Co., a corporation organized and
existing under the laws of the State of Delaware (the "Corporation"), certify
that as approved by a Unanimous Consent of Directors in Lieu of a Meeting dated
as of May 31, 1997, the following persons are each authorized to sign reports
to be filed under Sections 13 and 16 of the Securities Exchange Act of 1934 on
behalf of the Corporation, and such authorizations are in full force and
effect as of this date:
Stuart J.M. Breslow
Robert G. Koppenol
Bruce Bromberg
Robin Sherak
IN WITNESS WHEREOF, I have hereunto set my name and affixed the seal of
the Corporation as of the 3rd day of June, 1997.
/s/ Charlene R. Herzer
------------------------
Charlene R. Herzer
Assistant Secretaty
<PAGE>
Page 10 of 12 Pages
-------------------
SECRETARY'S CERTIFICATE
I, Charlene R. Herzer, a duly elected and acting Assistant Secretary
of Morgan Stanley Asset Management Holdings Inc., a corporation organized and
existing under the laws of the State of Delaware (the "Corporation"), certify
that the following resolutions were duly and validly adopted by a Consent in
Lieu of a Meeting of the Board of Directors of the Corporation dated as of
August 19, 1997 and that resolutions are in full force and effect on the date
hereof:
RESOLVED, that the resolutions adopted by the Board of Directors of
the Corporation as of June 3, 1996 relating to the authorized signatories
of Miller Anderson & Sherrerd, LLP ("Miller Anderson") are superseded by
the following resolutions; and
RESOLVED FURTHER, that the Corporation, as sole general partner of
Miller Anderson, authorizes the following individuals to enter into and
execute all agreements and other documents on behalf of Miller Anderson:
Arden C. Armstrong
Glenn E. Becker
Thomas L. Bennett
John D. Connolly
Kenneth B. Dunn
Stephen E. Esser
Paul A. Frick
J. David Germany
Robert L. Hagin
Ellen D. Harvey
Nicholas J. Kovich
Steven K. Kreider
Robert Marcin
Mary Ann Milias
Scott F. Richard
James D. Schmid
Gary Schlarbaum
Lorraine Truten
Horacio Valerias
Marna C. Whittington
Richard B. Worley
RESOLVED FURTHER, that any and all actions taken and all agreements
and other documents executed on behalf of Miller Anderson prior to the date
hereof by any of the persons listed about are ratified and approved.
RESOLVED FURTHER, that any and all actions to be taken, caused to be
taken or heretofore taken by any officer of the Corporation in executing
any and all documents, agreements, and instruments and in taking any and
all steps (including the payment of all expenses) deemed by such officer as
necessary or desireable to carry out the intents and purposes of the
foregoing resolutions are authorized, ratified, and confirmed.
IN WITNESS WHEREOF, I have hereunto set my name and affixed the seal
of the Corporation as of the 20th day of August, 1997.
/s/ CHARLENE R. HERZER
----------------------
CHARLENE R. HERZER
ASSISTANT SECRETARY
<PAGE> 1
Page 11 of 12 Pages
EXHIBIT 4
LIMITED POWER OF ATTORNEY
WHEREAS, the Commonwealth of Pennsylvania State Employes' Retirement
Board is an independent administrative board of the Commonwealth of
Pennsylvania, transacting business as the Commonwealth of Pennsylvania State
Employes' Retirement System (the "System") acting under Act 31 of 1974, Title
71 of the Pennsylvania Consolidated Statutes, Section 5101, et seq.; and
WHEREAS, the System appointed Miller Anderson & Sherrerd, LLP, a
Pennsylvania limited liability partnership ("MAS") to serve as one of the
System's equity investment advisors, and memorialized such relationship in
that certain Advisory Agreement for Equity Investments dated as of January 1,
1993, and assigned Miscellaneous Encumbrance number 370127 (the "Contract");
and
WHEREAS, the Contract authorizes MAS, inter alia, to act as an
investment advisor and manager for the System, exercising full power and
authority on behalf of the System to purchase and sell securities and take any
other action and exercise any other power reasonably necessary to carry out the
investment activities authorized by the System; and
WHEREAS, subsequent to execution of the Contract, and with the System's
consent, MAS became an indirect, wholly-owned subsidiary of the Morgan Stanley
Group ("Morgan Stanley"); and
WHEREAS, it has become necessary for MAS, through Morgan Stanley, to
prepare and file certain schedules and reports (including but not limited to
Schedule 13G) with the Securities and Exchange Commission and other federal or
state regulatory agencies in connection with its establishment and maintenance
of an investment portfolio for the System; and
WHEREAS, the System desires to memorialize the authority of MAS,
through Morgan Stanley, to prepare and file such schedules and reports,
NOW, THEREFORE, the System constitutes and appoints Donald P. Ryan and
Stuart J.M. Breslow, in their capacities as officers of Morgan Stanley, to
serve as the System's true and lawful attorneys-in-fact, and in its name, place
and stead, for its use and benefit, such attorneys are or either one of them is
hereby authorized, directed and empowered to prepare, execute and file any and
all schedules and reports pertaining to the System's portfolio as MAS and such
officer(s) deem necessary or desirable.
The undersigned gives to said attorneys-in-fact full power and
authority to execute and deliver such instruments as if the undersigned were
personally present and acting, hereby ratifying and confirming all that said
attorneys-in-fact shall lawfully have done to prepare such schedules and
reports for filing.
Third parties without actual notice may rely upon the authority granted
under this Limited Power of Attorney upon the exercise of such authority by
either of the aforesaid officers appointed hereby that all conditions precedent
to such exercise of
<PAGE>
Page 12 of 12 Pages
EXHIBIT 4
power have been satisfied, and that this Limited Power of Attorney is in full
force and effect until December 31, 1997 unless an instrument of amendment or
earlier revocation has been recorded in the Recorder's Office in and for
Dauphin County, Pennsylvania.
IN WITNESS WHEREOF, the undersigned has caused this Limited Power of
Attorney to be signed in its name by its Chief Investment Officer this 23rd day
of May, 1997.
COMMONWEALTH OF PENNSYLVANIA
STATE EMPLOYES' RETIREMENT SYSTEM
By /s/ Peter M. Gilber
--------------------------------
Peter M. Gilbert
Chief Investment Officer
================================================================================
COMMONWEALTH OF PENNSYLVANIA :
: SS:
COUNTY OF DAUPHIN :
On this 23 day of May, 1997, before me, the undersigned Notary Public
in and for said Commonwealth, personally appeared Peter M. Gilbert, Chief
Investment Officer of the Commonwealth of Pennsylvania State Employes'
Retirement System, who, being duly sworn according to law, deposes and says he
executed the foregoing Limited Power of Attorney in his official capacity for
the purposes therein.
IN WITNESS WHEREOF, I hereunto set my hand and official seal.
/s/ Darlene K. Thumma
----------------------------------
Notary Public
Notarial Seal
Darlene K. Thumma, Notary Public
[SEAL] Harrisburg, Dauphin County
My Commission Expires Feb. 3, 2001
