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SCHEDULE 13G
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OMB APPROVAL
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UNITED STATES OMB Number:3235-0145
SECURITIES AND EXCHANGE COMMISSION Expires: September 30, 1988
WASHINGTON, DC 20549 Estimated average burden
hours per response .... 14.90
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____________)*
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Redwood Trust Inc
- --------------------------------------------------------------------------------
Common Stock $0.01
-----------------------
758075402
Check the following box if a fee is being paid with this statement / /.
(A fee is not required if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent to the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent of less of such
class.) (See Rule 13d - 7).
* The remainder of this cover page shall be filled out for a reporting
persons 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).
SEC 1745 (6-88)
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CUSIP NO. 758 075 402 13G Page ____ of ____ Pages
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO OF ABOVE PERSON
Martin Currie Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP*
(a)/ /
(b)/ /
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3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANISATION
United Kingdom
- ----------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
-----------------------------------------------------------------------------------------
SHARES 6 SHARE VOTING POWER
BENEFICIALLY
OWNED BY
-----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON
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WITH 8 SHARED DISPOSITIVE POWER
- ----------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ----------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
- ----------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- ----------------------------------------------------------------------------------------------------------------
12 TYPE OF PERSON REPORTING *
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
<TABLE>
<CAPTION>
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CUSIP NO. 758 075 402 13G Page ____ of ____ Pages
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<S><C>
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO OF ABOVE PERSON
Martin Currie Investment Management Limited
- ----------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP*
(a)/ /
(b)/ /
- ----------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANISATION
United Kingdom
- ----------------------------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
-----------------------------------------------------------------------------------------
SHARES 6 SHARE VOTING POWER
BENEFICIALLY
OWNED BY
-----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON
-----------------------------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
- ----------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ----------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
- ----------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- ----------------------------------------------------------------------------------------------------------------
12 TYPE OF PERSON REPORTING *
CO
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</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
<TABLE>
<CAPTION>
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CUSIP NO. 758 075 402 13G Page ____ of ____ Pages
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<S> <C>
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO OF ABOVE PERSON
Martin Currie Inc
- ----------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP*
(a)/ /
(b)/ /
- ----------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANISATION
New York
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5 SOLE VOTING POWER
NUMBER OF 0
-----------------------------------------------------------------------------------------
SHARES 6 SHARE VOTING POWER
BENEFICIALLY
OWNED BY
-----------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
0
PERSON
-----------------------------------------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
- ----------------------------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ----------------------------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
- ----------------------------------------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- ----------------------------------------------------------------------------------------------------------------
12 TYPE OF PERSON REPORTING *
IA
- ----------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
Item 1(a) Name of issuer:
Redwood Trust Inc
1(b) Address of issuers principal executive offices:
591 Redwood Highway
Suite 3100
Mill Valley
CA 94941
USA
Item 2(a) Name of person filing:
Martin Currie Limited
Martin Currie Inc
Martin Currie Investment Management Limited
2(b) Address of principal business office or, if none, residence:
Saltire Court
20 Castle Terrace
Edinburgh
EH1 2ES
2(c) Citizenship:
Martin Currie Limited - UK
Martin Currie Inc - New York
Martin Currie Investment Management Limited - UK
2(d) Title of Class of Securities:
Common Stock $0.01
2(e) CUSIP Number
758 075 402
Item 3 This statement is filed pursuant to Rule 13d-1(c) with respect
to Martin Currie Ltd and Martin Currie Investment Management
Limited.
This statement is file pursuant to Rule 13d-1(b)(1)(ii)(E) with
respect to Martin Currie Inc, and investment adviser registered
under Section 203 of the Investment Advisers Act of 1940.
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Item 4 Ownership:
NOTE: This statement is filed on behalf of Martin Currie Ltd, a
corporation organised under the laws of the Untied Kingdom, and
its wholly-owned subsidiaries, Martin Currie Investment
Management Ltd, a corporation formed under the laws of the
United Kingdom and Martin Currie Inc, a corporation formed under
the laws of the State of New York and an investment adviser
registered under Section 203 of the Investment Advisers Act of
1940. As investment advisers to investment companies,
institutions and individuals, Martin Currie Investment
Management Ltd, and Martin Currie Inc, in some cases hold voting
power and dispositive power over shares of Redwood Trust Inc
reported in this statement and they may be deemed to be the
beneficial owner of the shares of Redwood Trust Inc held by such
Advisory Clients pursuant to Rule 13d-3. As parent corporation
to Martin Currie Investment Management Ltd and Martin Currie
Inc, Martin Currie Ltd may be deemed to be the beneficial owner
of the shares of Redwood Trust Inc, held by such Advisory Client
pursuant to Rule 13d-3.
4(a) Amount beneficially owned:
see item 9 of the cover pages (pp 2-4)
4(b) Percent of class:
see item 11 of the cover pages (pp 2-4)
4(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote see item 5 of
the cover pages (pp 2-4)
(ii) shared power to vote or to direct the vote:
---------------
(iii) sole power to dispose or to direct the disposition of:
see item 7 of the cover pages (pp 2-4)
(iv) shared power to dispose or to direct the disposition of:
---------------
Item 5 Ownership of five percent or less of a class:
Not applicable
<PAGE>
Item 6 Ownership of more than five percent on behalf of another person:
Martin Currie Investment Management Ltd and Martin Currie
Inc, are both wholly-owned subsidiaries of Martin Currie
Ltd, are investment advisers to investment companies,
institutions and individuals (the "Advisory Clients") and
all shares of Redwood Trust Inc reported in this Statement
are owned by the Advisory Clients. Martin Currie Investment
Management Ltd, and Martin Currie Inc in some cases hold
voting power and dispositive power over shares of Redwood
Trust Inc reported in this statement and they may be deemed
to be the beneficial owner of the shares of held by such
Advisory Clients pursuant to Rule 13d-3. As parent
corporation to Martin Currie Investment Management Ltd and
Martin Currie Inc, Martin Currie Ltd may be deemed to be the
beneficial owner of the shares of Redwood Trust Inc held by
such Advisory Client pursuant to Rule 13d-3. The Advisory
Clients have the right to receive or the power to direct the
receipt of dividends form or the proceeds for the sale of
the shares reported in this statement. No individual
Advisory Client owns more than five percent of the class.
Item 7 Identification and classification of the subsidiary which
acquired the security being reported on by the parent holding
company:
Martin Currie Investment Management Ltd, is a corporation
organised under the laws of the United Kingdom.
Martin Currie Inc is a New York corporation and is an
investment adviser registered pursuant to Section 203 of
the Investment Advisers Act of 1940.
Item 8 Identification and classification of members of the group:
Not applicable
Item 9 Notice of dissolution of group:
Not applicable
Item 10 Certification:
By signing below the undersigned Martin Currie Inc certifies
that, to the best of its knowledge and belief, the securities
referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for
the purpose of or with the effect of changing or influencing
control of the issuer of such securities and were not acquired
and are not held in connection with or as a participant in any
transaction having such purpose or effect.
<PAGE>
By signing below each of the undersigned Martin Currie Ltd and
Martin Currie Investment Management Ltd certifies that, to the
best of its knowledge and belief, the securities referred to
above were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having
that purpose or effect.
After reasonable inquiry and to the best of its knowledge and belief, each of
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
MARTIN CURRIE LTD
By: /s/ James Fairweather
----------------------------
Name: James Fairweather
Title: Chief Investment Officer
MARTIN CURRIE INVESTMENT
MANAGEMENT LTD
By: /s/ James Fairweather
----------------------------
Name: James Fairweather
Title:Chief Investment Officer
MARTIN CURRIE INC
By: /s/ James Fairweather
----------------------------
Name: James Fairweather
Title:Chief Investment Officer
Date: 20 August 1999
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<PAGE>
INDEX OF EXHIBITS
Exhibit No Exhibits
99 Joint filing agreement among Martin Currie Ltd, Martin Currie
Investment Management Ltd and Martin Currie Inc.
<PAGE>
EXHIBIT 99
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act
of 1934, the undersigned agree to the joint filing of a Statement of Schedule on
13G (including any and all amendments thereto) with respect o the Common Stock,
par value $0.001 per share, of Redwood Trust Inc. and further agree to the
filing of this agreement as an Exhibit thereto. In addition each party to this
agreement expressly authorises each other party to this agreement to file on its
behalf any and all amendments to such Statement on Schedule 13G.
MARTIN CURRIE LTD
By: /s/ James Fairweather
---------------------------
Name: James Fairweather
Title: Chief Investment Officer
MARTIN CURRIE INVESTMENT
MANAGEMENT LTD
By: /s/ James Fairweather
---------------------------
Name: James Fairweather
Title: Chief Investment Officer
MARTIN CURRIE INC
By: /s/ James Fairweather
---------------------------
Name: James Fairweather
Title: Chief Investment Officer
Date: 20 August 1999
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