<PAGE>
--------------------------------------
FORM 3 OMB APPROVAL
--------------------------------------
OMB Number: 3235-0104
Expires: April 30, 1997
Estimated average burden
hours per response ........... 0.5
--------------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 of 1935 or
Section 30(f) of the Investment Company Act of 1940
- -------------------------------------------------------------------------------
1. Name and Address of Reporting Person
DeVito, John Paul
- -------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Eastbrokers North America
26 Broadway
- -------------------------------------------------------------------------------
(Street)
New York, NY 10006
- -------------------------------------------------------------------------------
(City) (State) (Zip)
- -------------------------------------------------------------------------------
2. Date of Event Requiring Statement (Month/Day/Year)
3/20/97
- -------------------------------------------------------------------------------
3. IRS or Social Security Number of Reporting Person (Voluntary)
- -------------------------------------------------------------------------------
4. Issuer Name and Ticker of Trading Symbol
Eastbrokers International Incorporated (EAST)
- -------------------------------------------------------------------------------
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director
[ ] 10% Owner
[X] Officer (give title below)
[ ] Other (specify below)
Vice President Brokerage and Sales
----------------------------------
- -------------------------------------------------------------------------------
6. If Amendment, Date of Original (Month/Day/Year)
- -------------------------------------------------------------------------------
<TABLE>
<CAPTION>
TABLE I--Non-Derivative Securities Beneficially Owned
- --------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
- --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
- --------------------------------------------------------------------------------------------------------------------
Common Stock, $.05 par
value 8,268 D
- --------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
(over)
<PAGE>
FORM 3 (continued)
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
- ----------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative 2. Date Exer- 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of
Security (Instr. 4) cisable and Underlying Derivative Security sion or ship Indirect
Expiration (Instr. 4) Exercise Form of Beneficial
Date ----------------------------------- Price of Deriv- Ownership
(Month/Day/Year) Deriv- ative (Instr. 5)
--------------------- Amount ative Security
of Security Direct
Date Expira- Title Number (D) or
Exer- tion of Indirect
cisable Date Shares (I)
(Instr. 5)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
- ----------------------------------------------------------------------------------------------------------------------------------
Options 1/20/97 1/20/00 Common Stock, $.05 10,000 $7.00 D
par value
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
/s/ John Paul DeVito 4/14/97
---------------------------------------- ------------------
** 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 is insufficient. See Instruction 6 for procedure.
Page 2