UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
(X) Form 4 Transactions Reported
1. Name and Address of Reporting Person
General Partners Beteiligungs, GmbH
Freyenthurn 1
9020 Klagenfurt,
AUSTRIA
2. Issuer Name and Ticker or Trading Symbol
Eastbrokers International Incorporated
EAST
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
03/31/1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $0.05 par value|10/06/|P4 |41,600 |A |$9.00 |-- |D |-- |
per share |97 | | | | | | | |
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Common Stock, $0.05 par value|02/20/|P4 |400,000 |A |(1) |-- |D |-- |
per share |98 | | | | | | | |
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Common Stock, $0.05 par value|01/01/|P4 |526,884 |A |$15.00 |1,587,920 |D |-- |
per share |99 | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock Options (Right to |$10.00 |10/24|P4 |100,000 |A |02/01|08/01|Common Stock|100,000| |-- |D |-- |
Buy) | |/97 | | | |/97 |/01 |, $0.05 par | | | | | |
| | | | | | | |value per sh| | | | | |
| | | | | | | |are | | | | | |
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Class C Common Stock Pur|$7.00 |02/20|P4 |400,000 |A |02/20|02/19|Common Stock|400,000|(1) |400,000 |D |-- |
chase Warrants | |/98 | | | |/99 |/02 |, $0.05 par | | | | | |
| | | | | | | |value per sh| | | | | |
| | | | | | | |are | | | | | |
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Stock Options (Right to |$10.00 |01/01|P4 |33,000 |A |02/01|08/01|Common Stock|33,000 |$2.00 |200,000 |D |-- |
Buy) | |/99 | | | |/97 |/01 |, $0.05 par | | | | | |
| | | | | | | |value per sh| | | | | |
| | | | | | | |are | | | | | |
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</TABLE>
Explanation of Responses:
(1) The reported securities are included within 400,000 Units purchased by the
reporting person for $5.00 per Unit. Each Unit consists of one share of
common stock and one Class C Common Stock Purchase
Warrant.
SIGNATURE OF REPORTING PERSON
/s/ General Partners Beteiligungs, by Wolfgang M. Kossner
DATE
May 17, 1999
